2-bed · 1,977 sqftBalqis Residence 2, Palm Jumeirah · 8th floor · completed 2019

802, Balqis Residence 2

Sold prices and rental history: sold twice, last in June 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 4.26M3 June 2025
Current rentAED 220K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Balqis Residence 2

What is 802 worth today?

Last sold for AED 4,260,000 in 2025

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1 Nov 2026RentedRenewal
AED 220,000/yr12 months · AED 111 per sqft
1 Nov 2025RentedNew contract
AED 220,000/yr12 months · AED 111 per sqft
3 Jun 2025SoldReady
AED 4,260,000AED 2,154 per sqft
9 Apr 2013Sold by developerOff-plan
AED 3,860,000AED 1,952 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
1,977 sqft
Floor
8th of 11
Parking
B-269
Developer
Balqis Residence
Completed
2019
Service charge
AED 35,200 /yr
Last sold
AED 4.26M · June 2025

About 802, Balqis Residence 2

802 is a two-bedroom apartment of 1,977 sqft on the 8th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 3 June 2025 for AED 4,260,000, or AED 2,154 per sqft, in line with the AED 2,125 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 220,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 35,200 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, April 2013: AED 3,860,000 (AED 1,952 per sqft)Sold, June 2025: AED 4,260,000 (AED 2,154 per sqft)

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

Rents
Unit 802, each contractTypical two-bed in Balqis Residence 2
100K150K200K201920222025Typical 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 2025: AED 220,000 a yearRenewal, November 2026: AED 220,000 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 802 sits

All 83 2-beds →

802 last sold in June 2025 at AED 2,154 per sqft, in line with what two-beds in Balqis Residence 2 were fetching at the time (AED 2,125). 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. 802's AED 220,000 is in the lower half 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
16 Feb 20264,900,000
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 8th floor

All 147 units in Balqis Residence 2
Value
8032-bedAED 1.45M · Apr 2020
8043-bedAED 3.65M · Apr 2022
8053-bedAED 2.15M · Jul 2020
8062-bedAED 3.43M · Apr 2024
8072-bedAED 2.2M · Jul 2021
8082-bedAED 875K · Mar 2021
8092-bedAED 3.2M · Feb 2023
1–7 of 14

802, Balqis Residence 2 in numbers

  • Sold twice: first on 9 April 2013 for AED 3,860,000, last on 3 June 2025 for AED 4,260,000 (AED 2,154 per sqft).
  • Rented since November 2025 on 2 Ejari contracts, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2025 price is 5.2%, before a service charge of about AED 35,200 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 2026.

Questions about 802, Balqis Residence 2

What did unit 802 last sell for?

AED 4,260,000 on 3 June 2025: AED 2,154 per sqft for 1,977 sqft. The unit has 2 registered sales; the first was AED 3,860,000 in April 2013.

What is the rent for unit 802?

AED 220,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 220,000.

How big is unit 802?

1,977 sqft (183.7 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.

What is unit 802 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 802, Balqis Residence 2

Starts from the last sale price (AED 4.26M, 3 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,260,000
Deposit, UAE resident (20%)
AED 852,000
Deposit, non-resident (40%)
AED 1,704,000
Monthly over 25 years at 3.7%
AED 17,429

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