2-bed · 1,924 sqftBalqis Residence 2, Palm Jumeirah · 9th floor · completed 2019

910, Balqis Residence 2

Sold prices and rental history: sold once, by the developer in August 2009, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 910 · DLD and Ejari recordsUpdated 13 July 2024
Last soldAED 3.91M17 August 2009
Current rentAED 215K /yr13 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 910, Balqis Residence 2

What is 910 worth today?

Last sold for AED 3,910,000 in 2009

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13 Jul 2024RentedNew contract
AED 215,000/yr24 months · AED 112 per sqft
13 Jun 2022RentedNew contract
AED 131,250/yr12 months · AED 69 per sqft
11 Jul 2019RentedNew contract
AED 121,728/yr12 months · AED 62 per sqft
17 Aug 2009Sold by developerOff-plan
AED 3,910,000AED 2,032 per sqft

Source: Dubai Land Department. Updated 13 July 2024.

Key facts

Type
2-bed apartment
Size
1,924 sqft
Floor
9th of 11
Parking
B-109, B-110
Developer
Balqis Residence
Completed
2019
Service charge
AED 34,300 /yr
Last sold
AED 3.91M · August 2009

About 910, Balqis Residence 2

910 is a two-bedroom apartment of 1,924 sqft on the 9th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 17 August 2009 for AED 3,910,000, or AED 2,032 per sqft, 16% above the AED 1,748 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 13 July 2024, is AED 215,000 a year: a gross yield of 5.5% on the 2009 price, before the service charge of about AED 34,300 a year.

Sales and rents for 910 over time

Sales
Unit 910, 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 2,032 per sqft)

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

Rents
Unit 910, 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, July 2019: AED 121,728 a yearNew contract, June 2022: AED 131,250 a yearNew contract, July 2024: AED 215,000 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 910 sits

All 83 2-beds →

910 last sold in August 2009 at AED 2,032 per sqft, 16% above what two-beds in Balqis Residence 2 were fetching at the time (AED 1,748). 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. 910's AED 215,000 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

910, Balqis Residence 2 in numbers

  • Sold once: by Balqis Residence on 17 August 2009 for AED 3,910,000, or AED 2,032 per sqft.
  • Rented since July 2019 on 3 Ejari contracts, from AED 121,728 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2009 price is 5.5%, before a service charge of about AED 34,300 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 13 July 2024.

Questions about 910, Balqis Residence 2

What did unit 910 last sell for?

AED 3,910,000 on 17 August 2009, sold by the developer: AED 2,032 per sqft for 1,924 sqft. It is the only registered sale of the unit.

What is the rent for unit 910?

AED 215,000 a year on the contract signed on 13 July 2024. The previous contract, from June 2022, was AED 131,250; the unit has been rented since July 2019.

How big is unit 910?

1,924 sqft (178.7 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2019.

What is unit 910 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 910, Balqis Residence 2

Starts from the last sale price (AED 3.91M, 17 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,910,000
Deposit, UAE resident (20%)
AED 782,000
Deposit, non-resident (40%)
AED 1,564,000
Monthly over 25 years at 3.7%
AED 15,997

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