2-bed · 1,957 sqftBalqis Residence 2, Palm Jumeirah · 6th floor · completed 2019

606, Balqis Residence 2

Sold prices and rental history: sold 3 times, last in October 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 26 October 2026
Last soldAED 6.45M26 October 2026
Current rentAED 240K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Balqis Residence 2

What is 606 worth today?

Last sold for AED 6,450,000 in 2026

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26 Oct 2026SoldReady
AED 6,450,000AED 3,296 per sqft
27 Oct 2025SoldReady
AED 4,350,000AED 2,223 per sqft
20 Oct 2024RentedNew contract
AED 240,000/yr9 months · AED 123 per sqft
20 Oct 2023RentedRenewal
AED 240,000/yr12 months · AED 123 per sqft
20 Oct 2022RentedNew contract
AED 240,000/yr12 months · AED 123 per sqft
4 May 2021RentedNew contract
AED 125,000/yr6 months · AED 64 per sqft
4 May 2021RentedNew contract
AED 235,602/yr6 months · AED 120 per sqft
15 Nov 2019RentedNew contract
AED 125,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 26 October 2026.

Key facts

Type
2-bed apartment
Size
1,957 sqft
Floor
6th of 11
Parking
B-249
Developer
Balqis Residence
Completed
2019
Service charge
AED 34,900 /yr
Last sold
AED 6.45M · October 2026

About 606, Balqis Residence 2

606 is a two-bedroom apartment of 1,957 sqft on the 6th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 26 October 2026 for AED 6,450,000, or AED 3,296 per sqft, 48% above the AED 2,223 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 20 October 2024, is AED 240,000 a year: a gross yield of 3.7% on the 2026 price, before the service charge of about AED 34,900 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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, August 2009: AED 3,610,000 (AED 1,844 per sqft)Sold, October 2025: AED 4,350,000 (AED 2,223 per sqft)Sold, October 2026: AED 6,450,000 (AED 3,296 per sqft)

606 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 606, each contractTypical two-bed in Balqis Residence 2
100K200K20192021202320252027Typical 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, November 2019: AED 125,000 a yearNew contract, May 2021: AED 125,000 a yearNew contract, May 2021: AED 235,602 a yearNew contract, October 2022: AED 240,000 a yearRenewal, October 2023: AED 240,000 a yearNew contract, October 2024: AED 240,000 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 606 sits

All 83 2-beds →

606 last sold in October 2026 at AED 3,296 per sqft, 48% above 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. 606's AED 240,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20266,222,800
24 Feb 20266,430,265
16 Feb 20264,900,000
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 6th floor

All 147 units in Balqis Residence 2
Value
6013-bedAED 4.6M · Feb 2024
6022-bedAED 4.95M · Dec 2011
6032-bedAED 3.1M · Aug 2022
6043-bedAED 4.87M · Aug 2009
6053-bedAED 3.49M · Feb 2013
6072-bedAED 3.41M · Aug 2009
6082-bedAED 3.41M · Aug 2009
1–7 of 15

606, Balqis Residence 2 in numbers

  • Sold 3 times: first on 17 August 2009 for AED 3,610,000, last on 26 October 2026 for AED 6,450,000 (AED 3,296 per sqft).
  • Rented since November 2019 on 6 Ejari contracts, from AED 125,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2026 price is 3.7%, before a service charge of about AED 34,900 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 26 October 2026.

Questions about 606, Balqis Residence 2

What did unit 606 last sell for?

AED 6,450,000 on 26 October 2026: AED 3,296 per sqft for 1,957 sqft. The unit has 3 registered sales; the first was AED 3,610,000 in August 2009.

What is the rent for unit 606?

AED 240,000 a year on the contract signed on 20 October 2024. The previous contract, from October 2023, was AED 240,000; the unit has been rented since November 2019.

How big is unit 606?

1,957 sqft (181.8 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2019.

What is unit 606 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 606, Balqis Residence 2

Starts from the last sale price (AED 6.45M, 26 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 6,450,000
Deposit, UAE resident (20%)
AED 1,290,000
Deposit, non-resident (40%)
AED 2,580,000
Monthly over 25 years at 3.7%
AED 26,389

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