2-bed · 2,213 sqftBalqis Residence 2, Palm Jumeirah · 2nd floor · completed 2019

210, Balqis Residence 2

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 210 · DLD and Ejari recordsUpdated 14 March 2023
Last soldAED 2.83M14 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 210, Balqis Residence 2

What is 210 worth today?

Last sold for AED 2,830,000 in 2023

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14 Mar 2023SoldReady
AED 2,830,000AED 1,278 per sqft
18 Jun 2012Sold by developerOff-plan
AED 2,675,000AED 1,208 per sqft

Source: Dubai Land Department. Updated 14 March 2023.

Key facts

Type
2-bed apartment
Size
2,213 sqft
Floor
2nd of 11
Parking
G-57
Developer
Balqis Residence
Completed
2019
Service charge
AED 39,400 /yr
Last sold
AED 2.83M · March 2023

About 210, Balqis Residence 2

210 is a two-bedroom apartment of 2,213 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 14 March 2023 for AED 2,830,000, or AED 1,278 per sqft, 17% below the AED 1,537 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 210 over time

Sales
Unit 210, each saleTypical two-bed in Balqis Residence 2
2.5M5M2009201420192024Typical sale price by year: 2009 AED 3,560,000; 2012 AED 2,750,000; 2013 AED 3,550,000; 2014 AED 3,535,905; 2016 AED 3,300,000; 2019 AED 1,700,000; 2020 AED 2,000,000; 2021 AED 1,850,000; 2022 AED 2,925,000; 2023 AED 3,142,500; 2024 AED 3,650,000; 2025 AED 4,375,000; 2026 AED 6,326,533Sold by developer, June 2012: AED 2,675,000 (AED 1,208 per sqft)Sold, March 2023: AED 2,830,000 (AED 1,278 per sqft)

210 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 210, each contractTypical two-bed in Balqis Residence 2
100K150K200K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 110,000; 2021 AED 121,000; 2022 AED 162,500; 2023 AED 209,000; 2024 AED 220,000; 2025 AED 220,000; 2026 AED 202,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Balqis Residence 2, and where 210 sits

All 83 2-beds →

210 last sold in March 2023 at AED 1,278 per sqft, 17% below what two-beds in Balqis Residence 2 were fetching at the time (AED 1,537). Over the last 12 months two-beds sold for AED 4,550,000 to 6,450,000, around AED 2,264 per sqft, and rent for AED 154,211 to 340,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20266,450,000
10 Sep 20266,222,800
24 Feb 20266,430,265
16 Feb 20264,900,000
6 2-bed sales in the last 12 months

Balqis Residence 2

Building

147 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%
Balqis Residence 2, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 147 units in Balqis Residence 2
Value
2013-bedAED 5.7M · Sep 2022
2025-bedAED 12M · Oct 2025
2035-bedAED 12.2M · Aug 2009
2044-bedAED 10.54M · Nov 2022
2054-bedAED 10.74M · Nov 2022
2063-bedAED 8.52M · Oct 2021
2073-bedAED 14.55M · Jun 2024
1–7 of 15

210, Balqis Residence 2 in numbers

  • Sold twice: first on 18 June 2012 for AED 2,675,000, last on 14 March 2023 for AED 2,830,000 (AED 1,278 per sqft).
  • Two-beds in Balqis Residence 2 sold for AED 4,550,000–6,450,000 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 14 March 2023.

Questions about 210, Balqis Residence 2

What did unit 210 last sell for?

AED 2,830,000 on 14 March 2023: AED 1,278 per sqft for 2,213 sqft. The unit has 2 registered sales; the first was AED 2,675,000 in June 2012.

How big is unit 210?

2,213 sqft (205.6 sqm): a two-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2019.

What is unit 210 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Balqis Residence 2 sold for AED 4,550,000 to 6,450,000 in the last 12 months, around AED 2,264 per sqft.

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Mortgage on 210, Balqis Residence 2

Starts from the last sale price (AED 2.83M, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,830,000
Deposit, UAE resident (20%)
AED 566,000
Deposit, non-resident (40%)
AED 1,132,000
Monthly over 25 years at 3.7%
AED 11,578

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →