3-bed · 2,817 sqftBalqis Residence 2, Palm Jumeirah · 3rd floor · completed 2019

301, Balqis Residence 2

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

Follow 301

Unit 301 · DLD and Ejari recordsUpdated 11 January 2023

Last soldAED 2.1M11 January 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 301

Property timeline for 301, Balqis Residence 2

Today

What is 301 worth today?

Last sold for AED 2,100,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Jan 2023

11 Jan 2023SoldReady

AED 2,100,000AED 745 per sqft

16 Aug 2009

16 Aug 2009Sold by developerOff-plan

AED 4,640,000AED 1,647 per sqft

Source: Dubai Land Department. Updated 11 January 2023.

Key facts

Type: 3-bed apartment
Size: 2,817 sqft
Floor: 3rd of 11
Parking: B-221, B-222
Developer: Balqis Residence
Completed: 2019
Service charge: AED 50,200 /yr
Last sold: AED 2.1M · January 2023
Building: Balqis Residence 2

About 301, Balqis Residence 2

301 is a three-bedroom apartment of 2,817 sqft on the 3rd floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 11 January 2023 for AED 2,100,000, or AED 745 per sqft, 45% below the AED 1,357 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 301 over time

Sales

Unit 301, each saleTypical three-bed in Balqis Residence 2

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

Rents

Unit 301, each contractTypical three-bed in Balqis Residence 2

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 301 sits

All 54 3-beds →

3-beds in Balqis Residence 2 · last 12 months2,112 /sqft Balqis Residence 2 · all types2,161 /sqft

301 last sold in January 2023 at AED 745 per sqft, 45% below what three-beds in Balqis Residence 2 were fetching at the time (AED 1,357). 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.

Recent 3-bed sales	Size	Price (AED)	Per sqft
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

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 3rd floor

All 147 units in Balqis Residence 2


302	3-bed	2,368 sqft	AED 4.5MAED 4,500,000 · Aug 2009August 2009	240,000 /yr
303	3-bed	2,357 sqft	AED 2.17MAED 2,170,000 · Feb 2021February 2021	210,000 /yr
304	2-bed	2,184 sqft	AED 2.65MAED 2,646,576 · Jun 2022June 2022	100,000 /yr
305	2-bed	2,112 sqft	AED 3.4MAED 3,400,000 · Sep 2023September 2023
306	2-bed	2,409 sqft	AED 4.3MAED 4,300,000 · Sep 2025September 2025	150,766 /yr
307	2-bed	2,516 sqft	AED 3.46MAED 3,460,000 · Aug 2009August 2009	185,000 /yr
308	2-bed	2,092 sqft	AED 3.05MAED 3,050,000 · Feb 2024February 2024	230,000 /yr
309	2-bed	2,025 sqft	AED 1.7MAED 1,700,000 · Nov 2019November 2019	216,000 /yr
310	3-bed	2,413 sqft	AED 4.68MAED 4,675,000 · Aug 2009August 2009	242,250 /yr
311	3-bed	2,970 sqft	AED 1.7MAED 1,700,000 · Nov 2020November 2020	302,000 /yr
312	2-bed	2,196 sqft	AED 2.75MAED 2,750,000 · Jun 2012June 2012	205,000 /yr
313	2-bed	2,167 sqft	AED 2.77MAED 2,765,000 · Mar 2022March 2022	200,000 /yr
314	3-bed	2,815 sqft	AED 4.9MAED 4,900,000 · Dec 2011December 2011	230,000 /yr

1–7 of 13

301, Balqis Residence 2 in numbers

Sold twice: first on 16 August 2009 for AED 4,640,000, last on 11 January 2023 for AED 2,100,000 (AED 745 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 11 January 2023.

Questions about 301, Balqis Residence 2

What did unit 301 last sell for?

AED 2,100,000 on 11 January 2023: AED 745 per sqft for 2,817 sqft. The unit has 2 registered sales; the first was AED 4,640,000 in August 2009.

How big is unit 301?

2,817 sqft (261.7 sqm): a three-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2019.

What is unit 301 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 301? 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.

How OpenOffers works

Mortgage on 301, Balqis Residence 2

Starts from the last sale price (AED 2.1M, 11 January 2023). Switch to today's estimate once you have unlocked it.

Price: AED 2,100,000
Deposit, UAE resident (20%): AED 420,000
Deposit, non-resident (40%): AED 840,000
Monthly over 25 years at 3.7%: AED 8,592

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