806, Balqis Residence 2
Sold prices and rental history: sold twice, last in April 2024, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 806, Balqis Residence 2
What is 806 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,887 sqft
- Floor
- 8th of 11
- Parking
- B-267
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 33,600 /yr
- Last sold
- AED 3.43M · April 2024
- Building
- Balqis Residence 2
About 806, Balqis Residence 2
806 is a two-bedroom apartment of 1,887 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 1 April 2024 for AED 3,430,000, or AED 1,817 per sqft, 25% above the AED 1,457 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 September 2022. The current contract, signed on 10 September 2022, is AED 110,000 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 33,600 a year.
Sales and rents for 806 over time
806 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 806 sits
All 83 2-beds →806 last sold in April 2024 at AED 1,817 per sqft, 25% above what two-beds in Balqis Residence 2 were fetching at the time (AED 1,457). 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. 806's AED 110,000 is at the bottom 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 | |
| 803 | 2-bed | 2,003 sqft | AED 1.45MAED 1,450,000 · Apr 2020April 2020 | 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 | ||
| 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 |
806, Balqis Residence 2 in numbers
- Sold twice: first on 17 August 2009 for AED 3,710,000, last on 1 April 2024 for AED 3,430,000 (AED 1,817 per sqft).
- Rented since September 2022 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2024 price is 3.2%, before a service charge of about AED 33,600 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 1 April 2024.
Questions about 806, Balqis Residence 2
What did unit 806 last sell for?
AED 3,430,000 on 1 April 2024: AED 1,817 per sqft for 1,887 sqft. The unit has 2 registered sales; the first was AED 3,710,000 in August 2009.
What is the rent for unit 806?
AED 110,000 a year on the contract signed on 10 September 2022.
How big is unit 806?
1,887 sqft (175.3 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.
What is unit 806 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 806, Balqis Residence 2
Starts from the last sale price (AED 3.43M, 1 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,430,000
- Deposit, UAE resident (20%)
- AED 686,000
- Deposit, non-resident (40%)
- AED 1,372,000
- Monthly over 25 years at 3.7%
- AED 14,033
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →