803, Balqis Residence 2
Sold prices and rental history: sold twice, last in April 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Balqis Residence 2
What is 803 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,003 sqft
- Floor
- 8th of 11
- Parking
- B-268
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 35,700 /yr
- Last sold
- AED 1.45M · April 2020
- Building
- Balqis Residence 2
About 803, Balqis Residence 2
803 is a two-bedroom apartment of 2,003 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 16 April 2020 for AED 1,450,000, or AED 723 per sqft, 9% below the AED 792 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 August 2026, is AED 220,000 a year: a gross yield of 15.2% on the 2020 price, before the service charge of about AED 35,700 a year.
Sales and rents for 803 over time
803 has sold twice; 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 803 sits
All 83 2-beds →803 last sold in April 2020 at AED 723 per sqft, 9% below what two-beds in Balqis Residence 2 were fetching at the time (AED 792). 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. 803's AED 220,000 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 8th floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 802 | 2-bed | 1,977 sqft | AED 4.26MAED 4,260,000 · Jun 2025June 2025 | 220,000 /yr | |
| 804 | 3-bed | 2,366 sqft | AED 3.65MAED 3,650,000 · Apr 2022April 2022 | 300,000 /yr | |
| 805 | 3-bed | 2,366 sqft | AED 2.15MAED 2,150,000 · Jul 2020July 2020 | ||
| 806 | 2-bed | 1,887 sqft | AED 3.43MAED 3,430,000 · Apr 2024April 2024 | 110,000 /yr | |
| 807 | 2-bed | 1,966 sqft | AED 2.2MAED 2,200,000 · Jul 2021July 2021 | ||
| 808 | 2-bed | 2,134 sqft | AED 875KAED 875,000 · Mar 2021March 2021 | 235,918 /yr | |
| 809 | 2-bed | 2,149 sqft | AED 3.2MAED 3,200,000 · Feb 2023February 2023 | ||
| 810 | 2-bed | 1,966 sqft | AED 2MAED 2,000,000 · Aug 2019August 2019 | ||
| 811 | 2-bed | 1,924 sqft | AED 3MAED 3,000,000 · Apr 2022April 2022 | 220,000 /yr | |
| 812 | 3-bed | 2,392 sqft | AED 4.05MAED 4,050,000 · Apr 2023April 2023 | 289,000 /yr | |
| 813 | 3-bed | 2,909 sqft | AED 4.52MAED 4,522,590 · Feb 2019February 2019 | ||
| 814 | 2-bed | 974 sqft | AED 3.71MAED 3,710,000 · Aug 2009August 2009 | ||
| 815 | 2-bed | 1,926 sqft | AED 4.4MAED 4,400,000 · Jun 2025June 2025 | ||
| 816 | 3-bed | 2,508 sqft | AED 4.95MAED 4,950,000 · Nov 2023November 2023 |
803, Balqis Residence 2 in numbers
- Sold twice: first on 13 August 2009 for AED 3,330,000, last on 16 April 2020 for AED 1,450,000 (AED 723 per sqft).
- Rented since June 2020 on 7 Ejari contracts, from AED 113,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2020 price is 15.2%, before a service charge of about AED 35,700 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 August 2026.
Questions about 803, Balqis Residence 2
What did unit 803 last sell for?
AED 1,450,000 on 16 April 2020: AED 723 per sqft for 2,003 sqft. The unit has 2 registered sales; the first was AED 3,330,000 in August 2009.
What is the rent for unit 803?
AED 220,000 a year on the contract signed on 1 August 2026. The previous contract, from July 2025, was AED 200,000; the unit has been rented since June 2020.
How big is unit 803?
2,003 sqft (186.1 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.
What is unit 803 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 803, Balqis Residence 2
Starts from the last sale price (AED 1.45M, 16 April 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →