2-bed · 2,134 sqftBalqis Residence 2, Palm Jumeirah · 8th floor · completed 2019

808, Balqis Residence 2

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 875K3 March 2021
Current rentAED 236K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Balqis Residence 2

What is 808 worth today?

Last sold for AED 875,000 in 2021

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20 Feb 2026RentedRenewal
AED 235,918/yr7 months · AED 111 per sqft
20 Feb 2025RentedRenewal
AED 237,000/yr12 months · AED 111 per sqft
20 Feb 2025RentedRenewal
AED 237,000/yr12 months · AED 111 per sqft
20 Feb 2024RentedRenewal
AED 237,000/yr12 months · AED 111 per sqft
20 Feb 2023RentedNew contract
AED 215,000/yr12 months · AED 101 per sqft
8 Mar 2022RentedRenewal
AED 145,000/yr12 months · AED 68 per sqft
8 Mar 2021RentedNew contract
AED 130,000/yr12 months · AED 61 per sqft
3 Mar 2021SoldReady
AED 875,000AED 409 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
2-bed apartment
Size
2,134 sqft
Floor
8th of 11
Parking
B-310,B-218
Developer
Balqis Residence
Completed
2019
Service charge
AED 38,000 /yr
Last sold
AED 875K · March 2021

About 808, Balqis Residence 2

808 is a two-bedroom apartment of 2,134 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 March 2021 for AED 875,000, or AED 409 per sqft, 51% below the AED 832 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 235,918 a year: a gross yield of 27.0% on the 2021 price, before the service charge of about AED 38,000 a year.

Sales and rents for 808 over time

Sales
Unit 808, each saleTypical two-bed in Balqis Residence 2
02.5M5M2009201420192024Typical 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 3,710,000 (AED 1,738 per sqft)Sold, November 2019: AED 875,000 (AED 409 per sqft)Sold, March 2021: AED 875,000 (AED 409 per sqft)

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

Rents
Unit 808, 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, March 2020: AED 135,000 a yearNew contract, March 2021: AED 130,000 a yearRenewal, March 2022: AED 145,000 a yearNew contract, February 2023: AED 215,000 a yearRenewal, February 2024: AED 237,000 a yearRenewal, February 2025: AED 237,000 a yearRenewal, February 2025: AED 237,000 a yearRenewal, February 2026: AED 235,918 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 808 sits

All 83 2-beds →

808 last sold in March 2021 at AED 409 per sqft, 51% below what two-beds in Balqis Residence 2 were fetching at the time (AED 832). 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. 808's AED 235,918 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
8022-bedAED 4.26M · Jun 2025
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
8092-bedAED 3.2M · Feb 2023
1–7 of 14

808, Balqis Residence 2 in numbers

  • Sold 3 times: first on 16 August 2009 for AED 3,710,000, last on 3 March 2021 for AED 875,000 (AED 409 per sqft).
  • Rented since March 2020 on 8 Ejari contracts, from AED 135,000 to AED 235,918 a year.
  • At AED 235,918 a year the gross yield on the 2021 price is 27.0%, before a service charge of about AED 38,000 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 20 February 2026.

Questions about 808, Balqis Residence 2

What did unit 808 last sell for?

AED 875,000 on 3 March 2021: AED 409 per sqft for 2,134 sqft. The unit has 3 registered sales; the first was AED 3,710,000 in August 2009.

What is the rent for unit 808?

AED 235,918 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 237,000; the unit has been rented since March 2020.

How big is unit 808?

2,134 sqft (198.3 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.

What is unit 808 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 808, Balqis Residence 2

Starts from the last sale price (AED 875K, 3 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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