BuildingPalm Jumeirah · Balqis Residence · 2019

Balqis Residence 2

Two-beds to five-beds in Palm Jumeirah. 3 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 16 February 2026
Typical price per sqftAED 2,3673 sales
Typical saleAED 4.7M3 sales
Typical rentAED 230K /yrAED 118 per sqft
Typical yield5.0%AED 17.81/sqft charge

About Balqis Residence 2

Balqis Residence 2 is a waterfront residential building within the Balqis Residence development in the Kingdom of Sheba on Palm Jumeirah’s West Crescent. Set directly on the shoreline, it offers open views across the Arabian Gulf, the Palm fronds and Dubai’s skyline, with a quiet resort-like atmosphere close to major hotels and attractions on the island. Homes in the wider community include apartments, townhouses, villas and duplex penthouses. Within Balqis Residence 2, apartments are the primary offering, typically arranged in generous two to four‑bedroom layouts, often with maid’s rooms, large balconies and open-plan living spaces. Architecture follows the development’s Arabian-inspired aesthetic, while interiors are modern, with contemporary kitchens and premium finishes commensurate with an upper-tier beachfront scheme. Lifestyle facilities are a key draw. Residents have private beach access along with multiple outdoor pools, a well‑equipped gym/health club and 24‑hour security and concierge. Selected buildings benefit from an on‑site or adjacent licensed beach club and restaurants, and the landscaped grounds connect to jogging and walking areas along the Crescent. Day‑to‑day needs are covered on the Palm with supermarkets, cafés and services, while leisure destinations such as Atlantis and nearby beach clubs are a short drive away. Access is via Crescent Road, linking to the Palm’s trunk and the tunnel to Sheikh Zayed Road. There is no metro on the island; residents typically rely on private cars, taxis or the Palm Monorail, with stations on the trunk reachable in a few minutes by car. Typical drive times are around 15–20 minutes to Dubai Marina and 25–30 minutes to Downtown Dubai, subject to traffic. Most apartments include allocated parking, and additional visitor parking is available within the community. Schools, clinics and malls on the Palm and in nearby Al Sufouh and Dubai Marina are within convenient reach, supporting a comfortable, family‑friendly coastal lifestyle.

147 apartments over 11 floors: 76 two-beds of 1,886 to 3,853 sqft, 53 three-beds of 1,953 to 8,686 sqft, 6 four-beds of 3,402 to 8,702 sqft and 2 five-beds of 10,051 to 15,685 sqft. The service charge is AED 17.81 per sqft a year.

3 apartments sold in the 12 months to February 2026, at a median of AED 2,367 per sqft. Most of the trading is in two-beds: 3 of the 3 sales, at AED 4,550,000 to 4,900,000. 5 rental contracts were registered over the same 12 months, at a typical AED 230,000 a year.

Developer
Balqis Residence
Completed
2019
Floors
11
Units
147
Unit types
2-bed to 5-bed

Palm Jumeirah, Dubai

Average prices in Balqis Residence 2

In Balqis Residence 2, typical sale prices over the last 12 months were around AED 4,700,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Balqis Residence 2

2,2002,300May 2026Nov 20262025-11-27: AED 2,367, 2-bed, 1,922 sqft2025-12-04: AED 2,391, 2-bed, 1,965 sqft2026-02-16: AED 2,161, 2-bed, 2,267 sqftTrend: AED 2,388 to AED 2,163

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Balqis Residence 2

  • Completed2-bed · 2,266 sqft 16 Feb 2026AED 4,900,0002,162 /sqft
  • Completed1,965 sqft 04 Dec 2025AED 4,700,0002,392 /sqft
  • Completed1,921 sqft 27 Nov 2025AED 4,550,0002,368 /sqft
  • Completed2,001 sqft 31 Oct 2025AED 4,450,0002,223 /sqft
  • Completed2,179 sqft 27 Oct 2025AED 3,850,0001,766 /sqft
  • Completed1,956 sqft 27 Oct 2025AED 4,350,0002,223 /sqft
  • Completed10,179 sqft 16 Oct 2025AED 12,000,0121,179 /sqft
  • Completed1,930 sqft 29 Sep 2025AED 4,300,0002,228 /sqft
  • Completed2,409 sqft 02 Sep 2025AED 4,300,0001,785 /sqft
  • Completed4-bed · 7,360 sqft 21 Jul 2025AED 18,500,0002,513 /sqft

Over the last 12 months, Balqis Residence 2 has recorded 3 apartment sales. Typical homes sold for around AED 4.7M (about AED 2,367 per sqft) with a median size of 1,965 sqft; most were two-beds, from roughly AED 4.55M to AED 4.9M.

1–10 of 253

Units in Balqis Residence 2

147 units
  • Unit 1012-bed · 3,539 sqftSold AED 4.3M, Apr 2014
  • Unit 1022-bed · 3,853 sqftSold AED 4.41M, Jun 2023
  • Unit 1033-bed · 4,343 sqftSold AED 4.72M, Nov 2022
  • Unit 1043-bed · 4,511 sqftSold AED 2.75M, May 2021
  • Unit 1052-bed · 3,752 sqftSold AED 2.8M, Jan 2024
  • Unit 1062-bed · 3,728 sqftSold AED 5.04M, Jan 2024
  • Unit 2013-bed · 1,953 sqftSold AED 5.7M, Sep 2022
  • Unit 20210,179 sqftSold AED 12M, Oct 2025
  • Unit 2035-bed · 10,051 sqftSold AED 12.2M, Aug 2009
  • Unit 2044-bed · 8,702 sqftSold AED 10.54M, Nov 2022
1–10 of 147
Every unit in Balqis Residence 2, by number

By type: two-beds (76), three-beds (53), four-beds (6), five-beds (2).

Nearby in Palm Jumeirah

All 99 →
BuildingSale /sqftYield
Balqis Residence Beach VillasAED 2,0993.7%
Balqis Residence Garden VillasAED 2,026
Balqis Residence 3AED 2,1006.9%
Balqis Residence 1AED 2,5625.4%
The 8 Residential ApartmentsAED 4,1123.9%
1–5 of 98 · nearest first

Balqis Residence 2 in numbers

  • Across 3 DLD sales in the 12 months to February 2026, the median price in Balqis Residence 2 was AED 2,367 per sqft and the typical home sold for about AED 4.7M.
  • Completed in 2019 by Balqis Residence; 11 floors of two-beds to five-beds; service charge AED 17.81 per sqft a year.
  • Two-beds of 1,886 to 3,853 sqft sold for AED 4,550,000 to 4,900,000 between November 2025 and February 2026, a median AED 2,367 per sqft.
  • A two-bed of 1,886 to 3,853 sqft rents for AED 200,000 to 230,000 a year on the 3 contracts registered in the last 12 months.
  • Gross rental yield 5.0%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 16 February 2026.

Questions

How much does a two-bed in Balqis Residence 2 cost?

3 two-beds sold in the 12 months to February 2026, for AED 4,550,000 to 4,900,000; the median was AED 4,700,000, or AED 2,367 per sqft.

How much is a two-bed for rent in Balqis Residence 2?

About AED 210,000 a year: that is the median of the 3 contracts for two-beds registered with Ejari in the 12 months to February 2026, from AED 200,000 to 230,000.

What is the rental yield in Balqis Residence 2?

About 5.0% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in Balqis Residence 2?

AED 17.81 per sqft a year. For a typical 1,965 sqft home that is about AED 35,000 a year.

Who built Balqis Residence 2 and when?

Balqis Residence; completed in 2019; 11 floors; 147 apartments.

How many apartments are there in Balqis Residence 2?

147, two-beds to five-beds. Each has its own page with its full sales and rental history.

Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.

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