2-bed · 2,267 sqftBalqis Residence 2, Palm Jumeirah · 2nd floor · completed 2019

214, Balqis Residence 2

Sold prices and rental history: sold twice, last in February 2026, and rented once, from August 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 16 February 2026
Last soldAED 4.9M16 February 2026
Current rentAED 115K /yr15 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Balqis Residence 2

What is 214 worth today?

Last sold for AED 4,900,000 in 2026

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16 Feb 2026SoldReady
AED 4,900,000AED 2,161 per sqft
15 Aug 2019RentedNew contract
AED 115,000/yr12 months · AED 49 per sqft
15 Jun 2016Sold by developerOff-plan
AED 3,900,000AED 1,720 per sqft

Source: Dubai Land Department. Updated 16 February 2026.

Key facts

Type
2-bed apartment
Size
2,267 sqft
Floor
2nd of 11
Parking
G-55
Developer
Balqis Residence
Completed
2019
Service charge
AED 40,400 /yr
Last sold
AED 4.9M · February 2026

About 214, Balqis Residence 2

214 is a two-bedroom apartment of 2,267 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 16 February 2026 for AED 4,900,000, or AED 2,161 per sqft, in line with the AED 2,223 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2019. The current contract, signed on 15 August 2019, is AED 115,000 a year: a gross yield of 2.4% on the 2026 price, before the service charge of about AED 40,400 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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 2016: AED 3,900,000 (AED 1,720 per sqft)Sold, February 2026: AED 4,900,000 (AED 2,161 per sqft)

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

Rents
Unit 214, 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 202,500New contract, August 2019: AED 115,000 a year

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 214 sits

All 83 2-beds →

214 last sold in February 2026 at AED 2,161 per sqft, in line with what two-beds in Balqis Residence 2 were fetching at the time (AED 2,223). 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. 214's AED 115,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20266,450,000
10 Sep 20266,222,800
24 Feb 20266,430,265
4 Dec 20254,700,000
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

214, Balqis Residence 2 in numbers

  • Sold twice: first on 15 June 2016 for AED 3,900,000, last on 16 February 2026 for AED 4,900,000 (AED 2,161 per sqft).
  • Rented since August 2019 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2026 price is 2.4%, before a service charge of about AED 40,400 a year (AED 17.81 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 16 February 2026.

Questions about 214, Balqis Residence 2

What did unit 214 last sell for?

AED 4,900,000 on 16 February 2026: AED 2,161 per sqft for 2,267 sqft. The unit has 2 registered sales; the first was AED 3,900,000 in June 2016.

What is the rent for unit 214?

AED 115,000 a year on the contract signed on 15 August 2019.

How big is unit 214?

2,267 sqft (210.6 sqm): a two-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2019.

What is unit 214 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 214, Balqis Residence 2

Starts from the last sale price (AED 4.9M, 16 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

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