205, Balqis Residence 2
Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 205, Balqis Residence 2
What is 205 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.
Key facts
- Type
- 4-bed apartment
- Size
- 8,460 sqft
- Floor
- 2nd of 11
- Parking
- INTEGRATED
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 150,700 /yr
- Last sold
- AED 10.74M · November 2022
- Building
- Balqis Residence 2
About 205, Balqis Residence 2
205 is a four-bedroom apartment of 8,460 sqft on the 2nd floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 29 November 2022 for AED 10,736,040, or AED 1,269 per sqft, in line with the AED 1,269 four-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 450,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 150,700 a year.
Sales and rents for 205 over time
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Balqis Residence 2, and where 205 sits
All 6 4-beds →205 last sold in November 2022 at AED 1,269 per sqft, in line with what four-beds in Balqis Residence 2 were fetching at the time (AED 1,269).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jul 202521 July 2025 | 7,360 sqft | 18,500,000 | 2,513 | ||
| 20 Jun 202520 June 2025 | 3,402 sqft | 5,000,000 | 1,469 | ||
| 1 Nov 20231 November 2023 | 3,402 sqft | 5,119,626 | 1,504 | ||
| 29 Nov 202229 November 2022 | 8,702 sqft | 10,542,280 | 1,211 |
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 | ||
| 202 | 10,179 sqft | AED 12MAED 12,000,012 · Oct 2025October 2025 | 500,000 /yr | ||
| 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 | |
| 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 |
205, Balqis Residence 2 in numbers
- Sold once: by Balqis Residence on 29 November 2022 for AED 10,736,040, or AED 1,269 per sqft.
- Rented since January 2021 on 7 Ejari contracts, from AED 230,000 to AED 450,000 a year.
- At AED 450,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 150,700 a year (AED 17.81 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.
Questions about 205, Balqis Residence 2
What did unit 205 last sell for?
AED 10,736,040 on 29 November 2022, sold by the developer: AED 1,269 per sqft for 8,460 sqft. It is the only registered sale of the unit.
What is the rent for unit 205?
AED 450,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 450,000; the unit has been rented since January 2021.
How big is unit 205?
8,460 sqft (786.0 sqm): a four-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2019.
What is unit 205 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 205, Balqis Residence 2
Starts from the last sale price (AED 10.74M, 29 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 10,736,040
- Deposit, UAE resident (20%)
- AED 2,147,208
- Deposit, non-resident (40%)
- AED 4,294,416
- Monthly over 25 years at 3.7%
- AED 43,924
Plus AED 455,924 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →