3-bed · 2,938 sqftBalqis Residence 2, Palm Jumeirah · 2nd floor · completed 2019

213, Balqis Residence 2

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 4.95M9 September 2024
Current rentAED 295K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213, Balqis Residence 2

What is 213 worth today?

Last sold for AED 4,950,000 in 2024

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1 Aug 2026RentedNew contract
AED 295,000/yr24 months · AED 100 per sqft
1 Apr 2025RentedRenewal
AED 290,000/yr12 months · AED 99 per sqft
1 Apr 2025RentedRenewal
AED 290,000/yr12 months · AED 99 per sqft
9 Sep 2024SoldReady
AED 4,950,000AED 1,684 per sqft
1 Apr 2024RentedRenewal
AED 290,000/yr12 months · AED 99 per sqft
1 Apr 2023RentedNew contract
AED 280,000/yr12 months · AED 95 per sqft
29 Nov 2022Sold by developerReady
AED 3,952,200AED 1,345 per sqft
15 Mar 2022RentedRenewal
AED 159,500/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
3-bed apartment
Size
2,938 sqft
Floor
2nd of 11
Parking
B-263, B-262
Developer
Balqis Residence
Completed
2019
Service charge
AED 52,300 /yr
Last sold
AED 4.95M · September 2024

About 213, Balqis Residence 2

213 is a three-bedroom apartment of 2,938 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 9 September 2024 for AED 4,950,000, or AED 1,684 per sqft, 10% below the AED 1,875 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 August 2026, is AED 295,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 52,300 a year.

Sales and rents for 213 over time

Sales
Unit 213, each saleTypical three-bed in Balqis Residence 2
2M4M2009201420192024Typical sale price by year: 2009 AED 4,765,000; 2013 AED 4,552,663; 2020 AED 2,046,000; 2021 AED 2,900,000; 2022 AED 3,952,200; 2023 AED 4,500,000; 2024 AED 4,950,000Sold by developer, November 2022: AED 3,952,200 (AED 1,345 per sqft)Sold, September 2024: AED 4,950,000 (AED 1,684 per sqft)

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

Rents
Unit 213, each contractTypical three-bed in Balqis Residence 2
200K300K201920222025Typical rent by year: 2019 AED 150,000; 2020 AED 140,000; 2021 AED 150,000; 2022 AED 165,000; 2023 AED 228,000; 2024 AED 262,500; 2025 AED 284,500; 2026 AED 272,500New contract, March 2021: AED 145,000 a yearRenewal, March 2022: AED 159,500 a yearNew contract, April 2023: AED 280,000 a yearRenewal, April 2024: AED 290,000 a yearRenewal, April 2025: AED 290,000 a yearRenewal, April 2025: AED 290,000 a yearNew contract, August 2026: AED 295,000 a year

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 213 sits

All 54 3-beds →

213 last sold in September 2024 at AED 1,684 per sqft, 10% below what three-beds in Balqis Residence 2 were fetching at the time (AED 1,875). 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. 213's AED 295,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Aug 20264,999,900
16 Dec 20244,925,000
12 Dec 20247,050,000
10 Jun 202414,550,000
1 3-bed sale 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

213, Balqis Residence 2 in numbers

  • Sold twice: first on 29 November 2022 for AED 3,952,200, last on 9 September 2024 for AED 4,950,000 (AED 1,684 per sqft).
  • Rented since March 2021 on 7 Ejari contracts, from AED 145,000 to AED 295,000 a year.
  • At AED 295,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 52,300 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 August 2026.

Questions about 213, Balqis Residence 2

What did unit 213 last sell for?

AED 4,950,000 on 9 September 2024: AED 1,684 per sqft for 2,938 sqft. The unit has 2 registered sales; the first was AED 3,952,200 in November 2022.

What is the rent for unit 213?

AED 295,000 a year on the contract signed on 1 August 2026. The previous contract, from April 2025, was AED 290,000; the unit has been rented since March 2021.

How big is unit 213?

2,938 sqft (272.9 sqm): a three-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2019.

What is unit 213 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.

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Mortgage on 213, Balqis Residence 2

Starts from the last sale price (AED 4.95M, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

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