3-bed · 2,366 sqftBalqis Residence 2, Palm Jumeirah · 8th floor · completed 2019

805, Balqis Residence 2

Sold prices and rental history: sold twice, last in July 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 15 July 2020
Last soldAED 2.15M15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Balqis Residence 2

What is 805 worth today?

Last sold for AED 2,150,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jul 2020SoldOff-plan
AED 2,150,000AED 908 per sqft
13 Aug 2009Sold by developerOff-plan
AED 5,050,000AED 2,134 per sqft

Source: Dubai Land Department. Updated 15 July 2020.

Key facts

Type
3-bed apartment
Size
2,366 sqft
Floor
8th of 11
Parking
B-313
Developer
Balqis Residence
Completed
2019
Service charge
AED 42,100 /yr
Last sold
AED 2.15M · July 2020

About 805, Balqis Residence 2

805 is a three-bedroom apartment of 2,366 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 15 July 2020 for AED 2,150,000, or AED 908 per sqft, in line with the AED 914 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical three-bed in Balqis Residence 2
2M4M20092013201720212025Typical sale price by year: 2009 AED 4,765,000; 2013 AED 4,552,663; 2020 AED 2,046,000; 2021 AED 2,900,000; 2022 AED 3,952,200; 2023 AED 4,500,000; 2024 AED 4,950,000Sold by developer, August 2009: AED 5,050,000 (AED 2,134 per sqft)Sold, July 2020: AED 2,150,000 (AED 908 per sqft)

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

Rents
Unit 805, each contractTypical three-bed in Balqis Residence 2
200K300K20192021202320252027Typical rent by year: 2019 AED 150,000; 2020 AED 140,000; 2021 AED 150,000; 2022 AED 165,000; 2023 AED 228,000; 2024 AED 262,500; 2025 AED 284,500; 2026 AED 272,500

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Balqis Residence 2, and where 805 sits

All 54 3-beds →

805 last sold in July 2020 at AED 908 per sqft, in line with what three-beds in Balqis Residence 2 were fetching at the time (AED 914). Over the last 12 months three-beds sold for AED 4,999,900, around AED 2,112 per sqft, and rent for AED 225,000 to 500,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Aug 20264,999,900
16 Dec 20244,925,000
12 Dec 20247,050,000
9 Sep 20244,950,000
1 3-bed sale 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
8022-bedAED 4.26M · Jun 2025
8032-bedAED 1.45M · Apr 2020
8043-bedAED 3.65M · Apr 2022
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

805, Balqis Residence 2 in numbers

  • Sold twice: first on 13 August 2009 for AED 5,050,000, last on 15 July 2020 for AED 2,150,000 (AED 908 per sqft).
  • Three-beds in Balqis Residence 2 sold for AED 4,999,900–4,999,900 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 15 July 2020.

Questions about 805, Balqis Residence 2

What did unit 805 last sell for?

AED 2,150,000 on 15 July 2020: AED 908 per sqft for 2,366 sqft. The unit has 2 registered sales; the first was AED 5,050,000 in August 2009.

How big is unit 805?

2,366 sqft (219.8 sqm): a three-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.

What is unit 805 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Balqis Residence 2 sold for AED 4,999,900 to 4,999,900 in the last 12 months, around AED 2,112 per sqft.

Selling 805? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 805, Balqis Residence 2

Starts from the last sale price (AED 2.15M, 15 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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