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2-bed · 1,978 sqftBalqis Residence 2, Palm Jumeirah · 9th floor · completed 2019

902, Balqis Residence 2

Sold prices and rental history: sold 3 times, last in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 16 April 2025
Last soldAED 5M16 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 902, Balqis Residence 2

What is 902 worth today?

Last sold for AED 5,000,000 in 2025

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16 Apr 2025SoldReady
AED 5,000,000AED 2,528 per sqft
3 Mar 2021SoldReady
AED 1,850,000AED 935 per sqft
13 Aug 2009Sold by developerOff-plan
AED 4,060,000AED 2,053 per sqft

Source: Dubai Land Department. Updated 16 April 2025.

Key facts

Type
2-bed apartment
Size
1,978 sqft
Floor
9th of 11
Parking
B-321
Developer
Balqis Residence
Completed
2019
Service charge
AED 35,200 /yr
Last sold
AED 5M · April 2025
Building
Balqis Residence 2

About 902, Balqis Residence 2

902 is a two-bedroom apartment of 1,978 sqft on the 9th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 16 April 2025 for AED 5,000,000, or AED 2,528 per sqft, 26% above the AED 2,005 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 902 over time

Sales
Unit 902, 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, August 2009: AED 4,060,000 (AED 2,053 per sqft)Sold, March 2021: AED 1,850,000 (AED 935 per sqft)Sold, April 2025: AED 5,000,000 (AED 2,528 per sqft)

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

Rents
Unit 902, 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 902 sits

All 83 2-beds →

902 last sold in April 2025 at AED 2,528 per sqft, 26% above what two-beds in Balqis Residence 2 were fetching at the time (AED 2,005). 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 9th floor

All 147 units in Balqis Residence 2
Value
9013-bedAED 5.04M · Aug 2009
9033-bedAED 4.99M · Aug 2009
9043-bedAED 4.95M · Nov 2023
9052-bedAED 1.57M · Jan 2021
9062-bedAED 3.8M · Dec 2024
9072-bedAED 3.91M · Sep 2009
9082-bedAED 1.55M · Aug 2019
1–7 of 13

902, Balqis Residence 2 in numbers

  • Sold 3 times: first on 13 August 2009 for AED 4,060,000, last on 16 April 2025 for AED 5,000,000 (AED 2,528 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 16 April 2025.

Questions about 902, Balqis Residence 2

What did unit 902 last sell for?

AED 5,000,000 on 16 April 2025: AED 2,528 per sqft for 1,978 sqft. The unit has 3 registered sales; the first was AED 4,060,000 in August 2009.

How big is unit 902?

1,978 sqft (183.8 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2019.

What is unit 902 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 902, Balqis Residence 2

Starts from the last sale price (AED 5M, 16 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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