3-bed · 2,392 sqftBalqis Residence 2, Palm Jumeirah · 8th floor · completed 2019

812, Balqis Residence 2

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 4.05M12 April 2023
Current rentAED 289K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, Balqis Residence 2

What is 812 worth today?

Last sold for AED 4,050,000 in 2023

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15 Dec 2025RentedRenewal
AED 289,000/yr12 months · AED 121 per sqft
15 Dec 2024RentedNew contract
AED 275,000/yr12 months · AED 115 per sqft
29 Sep 2023RentedNew contract
AED 280,000/yr12 months · AED 117 per sqft
12 Apr 2023SoldReady
AED 4,050,000AED 1,692 per sqft
24 Mar 2022RentedNew contract
AED 200,000/yr12 months · AED 84 per sqft
6 Feb 2020SoldOff-plan
AED 2,200,000AED 919 per sqft
23 Dec 2013Sold by developerOff-plan
AED 4,925,000AED 2,058 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
3-bed apartment
Size
2,392 sqft
Floor
8th of 11
Parking
B-316
Developer
Balqis Residence
Completed
2019
Service charge
AED 42,600 /yr
Last sold
AED 4.05M · April 2023

About 812, Balqis Residence 2

812 is a three-bedroom apartment of 2,392 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 12 April 2023 for AED 4,050,000, or AED 1,692 per sqft, 26% above the AED 1,345 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 289,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 42,600 a year.

Sales and rents for 812 over time

Sales
Unit 812, 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, December 2013: AED 4,925,000 (AED 2,058 per sqft)Sold, February 2020: AED 2,200,000 (AED 919 per sqft)Sold, April 2023: AED 4,050,000 (AED 1,692 per sqft)

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

Rents
Unit 812, 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 272,500New contract, March 2022: AED 200,000 a yearNew contract, September 2023: AED 280,000 a yearNew contract, December 2024: AED 275,000 a yearRenewal, December 2025: AED 289,000 a year

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 812 sits

All 54 3-beds →

812 last sold in April 2023 at AED 1,692 per sqft, 26% above what three-beds in Balqis Residence 2 were fetching at the time (AED 1,345). 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. 812's AED 289,000 is in the lower half of that range.

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
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

812, Balqis Residence 2 in numbers

  • Sold 3 times: first on 23 December 2013 for AED 4,925,000, last on 12 April 2023 for AED 4,050,000 (AED 1,692 per sqft).
  • Rented since March 2022 on 4 Ejari contracts, from AED 200,000 to AED 289,000 a year.
  • At AED 289,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 42,600 a year (AED 17.81 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 December 2025.

Questions about 812, Balqis Residence 2

What did unit 812 last sell for?

AED 4,050,000 on 12 April 2023: AED 1,692 per sqft for 2,392 sqft. The unit has 3 registered sales; the first was AED 4,925,000 in December 2013.

What is the rent for unit 812?

AED 289,000 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 275,000; the unit has been rented since March 2022.

How big is unit 812?

2,392 sqft (222.2 sqm): a three-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.

What is unit 812 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.

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Mortgage on 812, Balqis Residence 2

Starts from the last sale price (AED 4.05M, 12 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

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