2-bed · 1,887 sqftBalqis Residence 2, Palm Jumeirah · 9th floor · completed 2019

905, Balqis Residence 2

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

Unit 905 · DLD and Ejari recordsUpdated 25 October 2026
Last soldAED 1.57M13 January 2021
Current rentAED 200K /yr25 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Balqis Residence 2

What is 905 worth today?

Last sold for AED 1,570,000 in 2021

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25 Oct 2026RentedRenewal
AED 200,000/yr12 months · AED 106 per sqft
25 Oct 2025RentedRenewal
AED 240,000/yr12 months · AED 127 per sqft
25 Oct 2024RentedRenewal
AED 240,000/yr12 months · AED 127 per sqft
25 Oct 2024RentedRenewal
AED 240,000/yr12 months · AED 127 per sqft
25 Oct 2023RentedNew contract
AED 240,000/yr12 months · AED 127 per sqft
25 Oct 2022RentedNew contract
AED 240,000/yr12 months · AED 127 per sqft
25 Oct 2022RentedNew contract
AED 240,000/yr12 months · AED 127 per sqft
14 Feb 2021RentedNew contract
AED 115,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 25 October 2026.

Key facts

Type
2-bed apartment
Size
1,887 sqft
Floor
9th of 11
Parking
B-199
Developer
Balqis Residence
Completed
2019
Service charge
AED 33,600 /yr
Last sold
AED 1.57M · January 2021

About 905, Balqis Residence 2

905 is a two-bedroom apartment of 1,887 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 13 January 2021 for AED 1,570,000, or AED 832 per sqft, 9% below the AED 913 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 25 October 2026, is AED 200,000 a year: a gross yield of 12.7% on the 2021 price, before the service charge of about AED 33,600 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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 3,910,000 (AED 2,072 per sqft)Sold, January 2021: AED 1,570,000 (AED 832 per sqft)

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

Rents
Unit 905, each contractTypical two-bed in Balqis Residence 2
100K200K201920222025Typical 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, February 2020: AED 130,000 a yearNew contract, February 2021: AED 115,000 a yearNew contract, October 2022: AED 240,000 a yearNew contract, October 2022: AED 240,000 a yearNew contract, October 2023: AED 240,000 a yearRenewal, October 2024: AED 240,000 a yearRenewal, October 2024: AED 240,000 a yearRenewal, October 2025: AED 240,000 a yearRenewal, October 2026: AED 200,000 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 905 sits

All 83 2-beds →

905 last sold in January 2021 at AED 832 per sqft, 9% below what two-beds in Balqis Residence 2 were fetching at the time (AED 913). 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. 905's AED 200,000 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 9th floor

All 147 units in Balqis Residence 2
Value
9013-bedAED 5.04M · Aug 2009
9022-bedAED 5M · Apr 2025
9033-bedAED 4.99M · Aug 2009
9043-bedAED 4.95M · Nov 2023
9062-bedAED 3.8M · Dec 2024
9072-bedAED 3.91M · Sep 2009
9082-bedAED 1.55M · Aug 2019
1–7 of 13

905, Balqis Residence 2 in numbers

  • Sold twice: first on 13 August 2009 for AED 3,910,000, last on 13 January 2021 for AED 1,570,000 (AED 832 per sqft).
  • Rented since February 2020 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 115,000 in 2021 and recovered to AED 200,000 by October 2026.
  • At AED 200,000 a year the gross yield on the 2021 price is 12.7%, before a service charge of about AED 33,600 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 25 October 2026.

Questions about 905, Balqis Residence 2

What did unit 905 last sell for?

AED 1,570,000 on 13 January 2021: AED 832 per sqft for 1,887 sqft. The unit has 2 registered sales; the first was AED 3,910,000 in August 2009.

What is the rent for unit 905?

AED 200,000 a year on the contract renewed on 25 October 2026. The previous contract, from October 2025, was AED 240,000; the unit has been rented since February 2020.

How big is unit 905?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2019.

What is unit 905 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 905, Balqis Residence 2

Starts from the last sale price (AED 1.57M, 13 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

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