206, Balqis Residence 2
Sold prices and rental history: sold 3 times, last in October 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Balqis Residence 2
What is 206 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 8,686 sqft
- Floor
- 2nd of 11
- Parking
- INTEGRATED
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 154,700 /yr
- Last sold
- AED 8.52M · October 2021
- Building
- Balqis Residence 2
About 206, Balqis Residence 2
206 is a three-bedroom apartment of 8,686 sqft on the 2nd floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 31 October 2021 for AED 8,516,469, or AED 980 per sqft, 20% above the AED 820 three-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 520,000 a year: a gross yield of 6.1% on the 2021 price, before the service charge of about AED 154,700 a year.
Sales and rents for 206 over time
206 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Balqis Residence 2, and where 206 sits
All 54 3-beds →206 last sold in October 2021 at AED 980 per sqft, 20% above what three-beds in Balqis Residence 2 were fetching at the time (AED 820). Over the last 12 months three-beds sold for AED 4,999,900, around AED 2,112 per sqft, and rent for AED 225,000 to 500,000 a year. 206's AED 520,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 2,367 sqft | 4,999,900 | 2,112 | ||
| 16 Dec 202416 December 2024 | 2,392 sqft | 4,925,000 | 2,059 | ||
| 12 Dec 202412 December 2024 | 2,411 sqft | 7,050,000 | 2,924 | ||
| 9 Sep 20249 September 2024 | 2,938 sqft | 4,950,000 | 1,684 |
Balqis Residence 2
Building147 apartments, 2-bed to 5-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 7 sold in the last 12 months.
- Typical price per sqft
- AED 2,161
- Typical sale
- AED 5M
- Typical rent
- AED 231K /yr
- Typical yield
- 4.9%
Other units on the 2nd floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 3,047 sqft | AED 5.7MAED 5,700,000 · Sep 2022September 2022 | ||
| 202 | 5-bed | 10,179 sqft | AED 12MAED 12,000,012 · Oct 2025October 2025 | 500,000 /yr | |
| 203 | 5-bed | 10,051 sqft | AED 12.2MAED 12,200,000 · Aug 2009August 2009 | 240,000 /yr | |
| 204 | 4-bed | 8,702 sqft | AED 10.54MAED 10,542,280 · Nov 2022November 2022 | 480,000 /yr | |
| 205 | 4-bed | 8,460 sqft | AED 10.74MAED 10,736,040 · Nov 2022November 2022 | 450,000 /yr | |
| 207 | 3-bed | 7,759 sqft | AED 14.55MAED 14,550,000 · Jun 2024June 2024 | 220,000 /yr | |
| 208 | 2-bed | 2,507 sqft | AED 3.41MAED 3,410,000 · Aug 2009August 2009 | 275,000 /yr | |
| 209 | 2-bed | 2,622 sqft | AED 3.41MAED 3,410,000 · Aug 2009August 2009 | 125,000 /yr | |
| 210 | 2-bed | 2,213 sqft | AED 2.83MAED 2,830,000 · Mar 2023March 2023 | ||
| 211 | 2-bed | 2,180 sqft | AED 3.85MAED 3,850,000 · Oct 2025October 2025 | 126,500 /yr | |
| 212 | 3-bed | 2,569 sqft | AED 3.24MAED 3,237,080 · Nov 2022November 2022 | 295,000 /yr | |
| 213 | 3-bed | 2,938 sqft | AED 4.95MAED 4,950,000 · Sep 2024September 2024 | 295,000 /yr | |
| 214 | 2-bed | 2,267 sqft | AED 4.9MAED 4,900,000 · Feb 2026February 2026 | 115,000 /yr | |
| 215 | 2-bed | 2,220 sqft | AED 1.8MAED 1,800,000 · May 2021May 2021 | 190,000 /yr | |
| 216 | 3-bed | 3,042 sqft | AED 4.7MAED 4,700,000 · Aug 2009August 2009 | 300,000 /yr |
206, Balqis Residence 2 in numbers
- Sold 3 times: first on 16 August 2009 for AED 8,800,000, last on 31 October 2021 for AED 8,516,469 (AED 980 per sqft).
- Rented since February 2023 on 3 Ejari contracts, from AED 450,000 to AED 520,000 a year.
- At AED 520,000 a year the gross yield on the 2021 price is 6.1%, before a service charge of about AED 154,700 a year (AED 17.81 per sqft).
- Three-beds in Balqis Residence 2 sold for AED 4,999,900–4,999,900 in the 12 months to November 2026; the building's median across all types is AED 2,161 per sqft.
Source: Dubai Land Department. Updated 1 October 2025.
Questions about 206, Balqis Residence 2
What did unit 206 last sell for?
AED 8,516,469 on 31 October 2021: AED 980 per sqft for 8,686 sqft. The unit has 3 registered sales; the first was AED 8,800,000 in August 2009.
What is the rent for unit 206?
AED 520,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 520,000; the unit has been rented since February 2023.
How big is unit 206?
8,686 sqft (807.0 sqm): a three-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2019.
What is unit 206 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Balqis Residence 2 sold for AED 4,999,900 to 4,999,900 in the last 12 months, around AED 2,112 per sqft.
Selling 206? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 206, Balqis Residence 2
Starts from the last sale price (AED 8.52M, 31 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 8,516,469
- Deposit, UAE resident (20%)
- AED 1,703,294
- Deposit, non-resident (40%)
- AED 3,406,588
- Monthly over 25 years at 3.7%
- AED 34,844
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →