410, Balqis Residence 2
Sold prices and rental history: sold once, by the developer in August 2009, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 410, Balqis Residence 2
What is 410 worth today?
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Source: Dubai Land Department. Updated 1 November 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,967 sqft
- Floor
- 4th of 11
- Parking
- B-243
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 35,000 /yr
- Last sold
- AED 3.31M · August 2009
- Building
- Balqis Residence 2
About 410, Balqis Residence 2
410 is a two-bedroom apartment of 1,967 sqft on the 4th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 13 August 2009 for AED 3,310,000, or AED 1,683 per sqft, in line with the AED 1,709 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 November 2019. The current contract, signed on 1 November 2019, is AED 120,000 a year: a gross yield of 3.6% on the 2009 price, before the service charge of about AED 35,000 a year.
Sales and rents for 410 over time
410 has sold once; the dashed line is the two-bed median of each year in the building.
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 410 sits
All 83 2-beds →410 last sold in August 2009 at AED 1,683 per sqft, in line with what two-beds in Balqis Residence 2 were fetching at the time (AED 1,709). 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. 410's AED 120,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,957 sqft | 6,450,000 | 3,296 | ||
| 10 Sep 202610 September 2026 | 3,728 sqft | 6,222,800 | 1,669 | ||
| 24 Feb 202624 February 2026 | 3,728 sqft | 6,430,265 | 1,725 | ||
| 16 Feb 202616 February 2026 | 2,267 sqft | 4,900,000 | 2,161 |
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 4th floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,756 sqft | AED 4.32MAED 4,315,000 · Aug 2009August 2009 | ||
| 402 | 2-bed | 2,129 sqft | AED 1.44MAED 1,437,500 · Apr 2022April 2022 | 121,000 /yr | |
| 403 | 2-bed | 2,094 sqft | AED 3.5MAED 3,500,000 · Feb 2024February 2024 | 120,000 /yr | |
| 404 | 3-bed | 2,366 sqft | AED 4.3MAED 4,300,000 · Aug 2009August 2009 | 280,000 /yr | |
| 405 | 3-bed | 2,367 sqft | AED 3.13MAED 3,125,000 · Feb 2013February 2013 | 240,000 /yr | |
| 406 | 2-bed | 1,955 sqft | AED 3.21MAED 3,210,000 · Aug 2009August 2009 | 154,211 /yr | |
| 407 | 2-bed | 1,963 sqft | AED 1.8MAED 1,800,000 · Aug 2019August 2019 | ||
| 408 | 2-bed | 2,363 sqft | AED 3.31MAED 3,310,000 · Aug 2009August 2009 | ||
| 409 | 2-bed | 2,463 sqft | AED 3.31MAED 3,310,000 · Aug 2009August 2009 | ||
| 411 | 2-bed | 1,922 sqft | AED 4.55MAED 4,550,000 · Nov 2025November 2025 | 230,000 /yr | |
| 412 | 3-bed | 2,411 sqft | AED 7.05MAED 7,050,000 · Dec 2024December 2024 | 500,000 /yr | |
| 413 | 3-bed | 2,950 sqft | AED 3.5MAED 3,500,000 · May 2016May 2016 | 229,425 /yr | |
| 414 | 2-bed | 2,002 sqft | AED 4.45MAED 4,450,000 · Oct 2025October 2025 | 240,647 /yr | |
| 415 | 2-bed | 2,005 sqft | AED 3.5MAED 3,500,000 · Aug 2009August 2009 | 175,000 /yr | |
| 416 | 3-bed | 2,754 sqft | AED 4.32MAED 4,315,000 · Aug 2009August 2009 |
410, Balqis Residence 2 in numbers
- Sold once: by Balqis Residence on 13 August 2009 for AED 3,310,000, or AED 1,683 per sqft.
- Rented since November 2019 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2009 price is 3.6%, before a service charge of about AED 35,000 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 1 November 2019.
Questions about 410, Balqis Residence 2
What did unit 410 last sell for?
AED 3,310,000 on 13 August 2009, sold by the developer: AED 1,683 per sqft for 1,967 sqft. It is the only registered sale of the unit.
What is the rent for unit 410?
AED 120,000 a year on the contract signed on 1 November 2019.
How big is unit 410?
1,967 sqft (182.7 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2019.
What is unit 410 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 410, Balqis Residence 2
Starts from the last sale price (AED 3.31M, 13 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 3,310,000
- Deposit, UAE resident (20%)
- AED 662,000
- Deposit, non-resident (40%)
- AED 1,324,000
- Monthly over 25 years at 3.7%
- AED 13,542
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →