202, Balqis Residence 2
Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Balqis Residence 2
What is 202 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2025.
Key facts
- Type
- Apartment
- Size
- 10,179 sqft
- Floor
- 2nd of 11
- Parking
- Integrated
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 181,300 /yr
- Last sold
- AED 12M · October 2025
- Building
- Balqis Residence 2
About 202, Balqis Residence 2
202 is an apartment of 10,179 sqft on the 2nd floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 16 October 2025 for AED 12,000,012, or AED 1,178 per sqft.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 29 June 2025, is AED 500,000 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 181,300 a year.
Balqis Residence 2
Building147 apartments, 2-bed to 5-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,367
- Typical sale
- AED 4.7M
- Typical rent
- AED 230K /yr
- Typical yield
- 5.0%
Other units on the 2nd floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 1,953 sqft | AED 5.7MAED 5,700,000 · Sep 2022September 2022 | ||
| 203 | 5-bed | 10,051 sqft | AED 12.2MAED 12,200,000 · Aug 2009August 2009 | 240,000 /yr | |
| 204 | 4-bed | 8,702 sqft | AED 10.54MAED 10,542,280 · Nov 2022November 2022 | 480,000 /yr | |
| 205 | 4-bed | 8,460 sqft | AED 10.74MAED 10,736,040 · Nov 2022November 2022 | 450,000 /yr | |
| 206 | 3-bed | 8,686 sqft | AED 8.52MAED 8,516,469 · Oct 2021October 2021 | 520,000 /yr | |
| 207 | 3-bed | 7,759 sqft | AED 14.55MAED 14,550,000 · Jun 2024June 2024 | 220,000 /yr | |
| 208 | 2-bed | 2,507 sqft | AED 3.41MAED 3,410,000 · Aug 2009August 2009 | 275,000 /yr | |
| 209 | 2-bed | 2,622 sqft | AED 3.41MAED 3,410,000 · Aug 2009August 2009 | 125,000 /yr | |
| 210 | 2-bed | 2,213 sqft | AED 2.83MAED 2,830,000 · Mar 2023March 2023 | ||
| 211 | 2,180 sqft | AED 3.85MAED 3,850,000 · Oct 2025October 2025 | 126,500 /yr | ||
| 212 | 3-bed | 2,569 sqft | AED 3.24MAED 3,237,080 · Nov 2022November 2022 | 295,000 /yr | |
| 213 | 3-bed | 2,938 sqft | AED 4.95MAED 4,950,000 · Sep 2024September 2024 | 290,000 /yr | |
| 214 | 2-bed | 2,267 sqft | AED 4.9MAED 4,900,000 · Feb 2026February 2026 | 115,000 /yr | |
| 215 | 2-bed | 2,220 sqft | AED 1.8MAED 1,800,000 · May 2021May 2021 | ||
| 216 | 3-bed | 3,042 sqft | AED 4.7MAED 4,700,000 · Aug 2009August 2009 | 300,000 /yr |
202, Balqis Residence 2 in numbers
- Sold twice: first on 18 March 2013 for AED 11,800,000, last on 16 October 2025 for AED 12,000,012 (AED 1,178 per sqft).
- Rented since August 2020 on 4 Ejari contracts, from AED 245,000 to AED 500,000 a year.
- At AED 500,000 a year the gross yield on the 2025 price is 4.2%, before a service charge of about AED 181,300 a year (AED 17.81 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2025.
Questions about 202, Balqis Residence 2
What did unit 202 last sell for?
AED 12,000,012 on 16 October 2025: AED 1,178 per sqft for 10,179 sqft. The unit has 2 registered sales; the first was AED 11,800,000 in March 2013.
What is the rent for unit 202?
AED 500,000 a year on the contract signed on 29 June 2025. The previous contract, from May 2024, was AED 500,000; the unit has been rented since August 2020.
How big is unit 202?
10,179 sqft (945.7 sqm): an apartment on the 2nd floor of a 11-storey tower completed in 2019.
What is unit 202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 202, Balqis Residence 2
Starts from the last sale price (AED 12M, 16 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 12,000,012
- Deposit, UAE resident (20%)
- AED 2,400,002
- Deposit, non-resident (40%)
- AED 4,800,005
- Monthly over 25 years at 3.7%
- AED 49,096
Plus AED 509,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →