2-bed · 2,149 sqftBalqis Residence 2, Palm Jumeirah · 8th floor · completed 2019

809, Balqis Residence 2

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 13 February 2023
Last soldAED 3.2M13 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Balqis Residence 2

What is 809 worth today?

Last sold for AED 3,200,000 in 2023

Unlock today's estimate, updated daily, with

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

13 Feb 2023SoldReady
AED 3,200,000AED 1,488 per sqft
13 Dec 2020Sold by developerReady
AED 1,616,000AED 751 per sqft

Source: Dubai Land Department. Updated 13 February 2023.

Key facts

Type
2-bed apartment
Size
2,149 sqft
Floor
8th of 11
Parking
B-309 B-314
Developer
Balqis Residence
Completed
2019
Service charge
AED 38,300 /yr
Last sold
AED 3.2M · February 2023

About 809, Balqis Residence 2

809 is a two-bedroom apartment of 2,149 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 13 February 2023 for AED 3,200,000, or AED 1,488 per sqft, in line with the AED 1,488 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 809 over time

Sales
Unit 809, 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, December 2020: AED 1,616,000 (AED 751 per sqft)Sold, February 2023: AED 3,200,000 (AED 1,488 per sqft)

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

Rents
Unit 809, each contractTypical two-bed in Balqis Residence 2
100K150K200K20192021202320252027Typical 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 202,500

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 809 sits

All 83 2-beds →

809 last sold in February 2023 at AED 1,488 per sqft, in line with what two-beds in Balqis Residence 2 were fetching at the time (AED 1,488). 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.

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
8082-bedAED 875K · Mar 2021
1–7 of 14

809, Balqis Residence 2 in numbers

  • Sold twice: first on 13 December 2020 for AED 1,616,000, last on 13 February 2023 for AED 3,200,000 (AED 1,488 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 13 February 2023.

Questions about 809, Balqis Residence 2

What did unit 809 last sell for?

AED 3,200,000 on 13 February 2023: AED 1,488 per sqft for 2,149 sqft. The unit has 2 registered sales; the first was AED 1,616,000 in December 2020.

How big is unit 809?

2,149 sqft (199.6 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.

What is unit 809 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.

Selling 809? 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 809, Balqis Residence 2

Starts from the last sale price (AED 3.2M, 13 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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