414, Balqis Residence 2
Sold prices and rental history: sold 3 times, last in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 414, Balqis Residence 2
What is 414 worth today?
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Source: Dubai Land Department. Updated 31 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,002 sqft
- Floor
- 4th of 11
- Parking
- B-245
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 35,600 /yr
- Last sold
- AED 4.45M · October 2025
- Building
- Balqis Residence 2
About 414, Balqis Residence 2
414 is a two-bedroom apartment of 2,002 sqft on the 4th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 31 October 2025 for AED 4,450,000, or AED 2,223 per sqft, in line with the AED 2,223 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 September 2024, is AED 240,647 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 35,600 a year.
Sales and rents for 414 over time
414 has sold 3 times; 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 414 sits
All 83 2-beds →414 last sold in October 2025 at AED 2,223 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. 414's AED 240,647 is in the lower half 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 | ||
| 410 | 2-bed | 1,967 sqft | AED 3.31MAED 3,310,000 · Aug 2009August 2009 | 120,000 /yr | |
| 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 | |
| 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 |
414, Balqis Residence 2 in numbers
- Sold 3 times: first on 16 August 2009 for AED 3,500,000, last on 31 October 2025 for AED 4,450,000 (AED 2,223 per sqft).
- Rented since September 2019 on 5 Ejari contracts, from AED 135,000 to AED 240,647 a year.
- At AED 240,647 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 35,600 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 31 October 2025.
Questions about 414, Balqis Residence 2
What did unit 414 last sell for?
AED 4,450,000 on 31 October 2025: AED 2,223 per sqft for 2,002 sqft. The unit has 3 registered sales; the first was AED 3,500,000 in August 2009.
What is the rent for unit 414?
AED 240,647 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 240,000; the unit has been rented since September 2019.
How big is unit 414?
2,002 sqft (186.0 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2019.
What is unit 414 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 414, Balqis Residence 2
Starts from the last sale price (AED 4.45M, 31 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,450,000
- Deposit, UAE resident (20%)
- AED 890,000
- Deposit, non-resident (40%)
- AED 1,780,000
- Monthly over 25 years at 3.7%
- AED 18,206
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →