2-bed · 2,079 sqftBalqis Residence 2, Palm Jumeirah · 9th floor · completed 2019

908, Balqis Residence 2

Sold prices and rental history: sold twice, last in August 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.55M21 August 2019
Current rentAED 220K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Balqis Residence 2

What is 908 worth today?

Last sold for AED 1,550,000 in 2019

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1 Oct 2025RentedNew contract
AED 220,000/yr12 months · AED 104 per sqft
1 Oct 2024RentedRenewal
AED 220,000/yr12 months · AED 104 per sqft
1 Oct 2023RentedRenewal
AED 209,000/yr12 months · AED 99 per sqft
1 Oct 2022RentedRenewal
AED 190,000/yr12 months · AED 90 per sqft
1 Oct 2021RentedNew contract
AED 180,000/yr12 months · AED 85 per sqft
1 Oct 2020RentedNew contract
AED 118,000/yr24 months · AED 56 per sqft
1 Sep 2019RentedNew contract
AED 120,000/yr12 months · AED 58 per sqft
21 Aug 2019SoldOff-plan
AED 1,550,000AED 745 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
2,079 sqft
Floor
9th of 11
Parking
B-181
Developer
Balqis Residence
Completed
2019
Service charge
AED 37,000 /yr
Last sold
AED 1.55M · August 2019

About 908, Balqis Residence 2

908 is a two-bedroom apartment of 2,079 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 21 August 2019 for AED 1,550,000, or AED 745 per sqft, 19% below the AED 916 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 1 October 2025, is AED 220,000 a year: a gross yield of 14.2% on the 2019 price, before the service charge of about AED 37,000 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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, May 2010: AED 3,581,820 (AED 1,699 per sqft)Sold, August 2019: AED 1,550,000 (AED 745 per sqft)

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

Rents
Unit 908, 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 202,500New contract, September 2019: AED 120,000 a yearNew contract, October 2020: AED 118,000 a yearNew contract, October 2021: AED 180,000 a yearRenewal, October 2022: AED 190,000 a yearRenewal, October 2023: AED 209,000 a yearRenewal, October 2024: AED 220,000 a yearNew contract, October 2025: AED 220,000 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 908 sits

All 83 2-beds →

908 last sold in August 2019 at AED 745 per sqft, 19% below what two-beds in Balqis Residence 2 were fetching at the time (AED 916). 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. 908's AED 220,000 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
9052-bedAED 1.57M · Jan 2021
9062-bedAED 3.8M · Dec 2024
9072-bedAED 3.91M · Sep 2009
1–7 of 13

908, Balqis Residence 2 in numbers

  • Sold twice: first on 11 May 2010 for AED 3,581,820, last on 21 August 2019 for AED 1,550,000 (AED 745 per sqft).
  • Rented since September 2019 on 7 Ejari contracts, from AED 120,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2019 price is 14.2%, before a service charge of about AED 37,000 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 1 October 2025.

Questions about 908, Balqis Residence 2

What did unit 908 last sell for?

AED 1,550,000 on 21 August 2019: AED 745 per sqft for 2,079 sqft. The unit has 2 registered sales; the first was AED 3,581,820 in May 2010.

What is the rent for unit 908?

AED 220,000 a year on the contract signed on 1 October 2025. The previous contract, from October 2024, was AED 220,000; the unit has been rented since September 2019.

How big is unit 908?

2,079 sqft (193.1 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2019.

What is unit 908 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 908, Balqis Residence 2

Starts from the last sale price (AED 1.55M, 21 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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