904, Balqis Residence 2
Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 904, Balqis Residence 2
What is 904 worth today?
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Source: Dubai Land Department. Updated 22 November 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,366 sqft
- Floor
- 9th of 11
- Parking
- B-112
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 42,100 /yr
- Last sold
- AED 4.95M · November 2023
- Building
- Balqis Residence 2
About 904, Balqis Residence 2
904 is a three-bedroom apartment of 2,366 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 22 November 2023 for AED 4,950,000, or AED 2,092 per sqft, 33% above the AED 1,568 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 16 October 2023, is AED 250,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 42,100 a year.
Sales and rents for 904 over time
904 has sold twice; the dashed line is the three-bed median of each year in the building.
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 904 sits
All 54 3-beds →904 last sold in November 2023 at AED 2,092 per sqft, 33% above what three-beds in Balqis Residence 2 were fetching at the time (AED 1,568). 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. 904's AED 250,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 2,367 sqft | 4,999,900 | 2,112 | ||
| 16 Dec 202416 December 2024 | 2,392 sqft | 4,925,000 | 2,059 | ||
| 12 Dec 202412 December 2024 | 2,411 sqft | 7,050,000 | 2,924 | ||
| 9 Sep 20249 September 2024 | 2,938 sqft | 4,950,000 | 1,684 |
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 9th floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 3-bed | 2,365 sqft | AED 5.04MAED 5,040,000 · Aug 2009August 2009 | 250,000 /yr | |
| 902 | 2-bed | 1,978 sqft | AED 5MAED 5,000,000 · Apr 2025April 2025 | ||
| 903 | 3-bed | 2,365 sqft | AED 4.99MAED 4,990,000 · Aug 2009August 2009 | 280,000 /yr | |
| 905 | 2-bed | 1,887 sqft | AED 1.57MAED 1,570,000 · Jan 2021January 2021 | 200,000 /yr | |
| 906 | 2-bed | 1,966 sqft | AED 3.8MAED 3,800,000 · Dec 2024December 2024 | 115,000 /yr | |
| 907 | 2-bed | 2,056 sqft | AED 3.91MAED 3,910,000 · Sep 2009September 2009 | ||
| 908 | 2-bed | 2,079 sqft | AED 1.55MAED 1,550,000 · Aug 2019August 2019 | 220,000 /yr | |
| 909 | 2-bed | 1,966 sqft | AED 3.91MAED 3,910,000 · Aug 2009August 2009 | 180,000 /yr | |
| 910 | 2-bed | 1,924 sqft | AED 3.91MAED 3,910,000 · Aug 2009August 2009 | 215,000 /yr | |
| 911 | 3-bed | 2,392 sqft | AED 4.89MAED 4,890,000 · Aug 2009August 2009 | 212,430 /yr | |
| 912 | 3-bed | 2,885 sqft | AED 3.95MAED 3,950,000 · Jun 2022June 2022 | 150,000 /yr | |
| 913 | 2-bed | 1,929 sqft | AED 4.1MAED 4,100,000 · Jul 2024July 2024 | 279,224 /yr | |
| 914 | 3-bed | 2,369 sqft | AED 2.04MAED 2,042,000 · Aug 2020August 2020 | 330,000 /yr |
904, Balqis Residence 2 in numbers
- Sold twice: first on 13 August 2009 for AED 4,890,000, last on 22 November 2023 for AED 4,950,000 (AED 2,092 per sqft).
- Rented since June 2019 on 4 Ejari contracts, from AED 140,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 42,100 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 22 November 2023.
Questions about 904, Balqis Residence 2
What did unit 904 last sell for?
AED 4,950,000 on 22 November 2023: AED 2,092 per sqft for 2,366 sqft. The unit has 2 registered sales; the first was AED 4,890,000 in August 2009.
What is the rent for unit 904?
AED 250,000 a year on the contract signed on 16 October 2023. The previous contract, from June 2021, was AED 130,000; the unit has been rented since June 2019.
How big is unit 904?
2,366 sqft (219.8 sqm): a three-bedroom apartment on the 9th floor of a 11-storey tower completed in 2019.
What is unit 904 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 904, Balqis Residence 2
Starts from the last sale price (AED 4.95M, 22 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,950,000
- Deposit, UAE resident (20%)
- AED 990,000
- Deposit, non-resident (40%)
- AED 1,980,000
- Monthly over 25 years at 3.7%
- AED 20,252
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →