213, Balqis Residence 2
Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 213, Balqis Residence 2
What is 213 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,938 sqft
- Floor
- 2nd of 11
- Parking
- B-263, B-262
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 52,300 /yr
- Last sold
- AED 4.95M · September 2024
- Building
- Balqis Residence 2
About 213, Balqis Residence 2
213 is a three-bedroom apartment of 2,938 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 9 September 2024 for AED 4,950,000, or AED 1,684 per sqft, 10% below the AED 1,875 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 290,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 52,300 a year.
Sales and rents for 213 over time
213 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Balqis Residence 2, and where 213 sits
All 53 3-beds →213 last sold in September 2024 at AED 1,684 per sqft, 10% below what three-beds in Balqis Residence 2 were fetching at the time (AED 1,875).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202416 December 2024 | 2,392 sqft | 4,925,000 | 2,059 | ||
| 12 Dec 202412 December 2024 | 2,411 sqft | 7,050,000 | 2,924 | ||
| 10 Jun 202410 June 2024 | 7,759 sqft | 14,550,000 | 1,875 | ||
| 17 May 202417 May 2024 | 6,709 sqft | 17,500,000 | 2,608 |
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 | |
| 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 | |
| 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 |
213, Balqis Residence 2 in numbers
- Sold twice: first on 29 November 2022 for AED 3,952,200, last on 9 September 2024 for AED 4,950,000 (AED 1,684 per sqft).
- Rented since March 2022 on 4 Ejari contracts, from AED 159,500 to AED 290,000 a year.
- At AED 290,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 52,300 a year (AED 17.81 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.
Questions about 213, Balqis Residence 2
What did unit 213 last sell for?
AED 4,950,000 on 9 September 2024: AED 1,684 per sqft for 2,938 sqft. The unit has 2 registered sales; the first was AED 3,952,200 in November 2022.
What is the rent for unit 213?
AED 290,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 290,000; the unit has been rented since March 2022.
How big is unit 213?
2,938 sqft (272.9 sqm): a three-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2019.
What is unit 213 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 213, Balqis Residence 2
Starts from the last sale price (AED 4.95M, 9 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,950,000
- Deposit, UAE resident (20%)
- AED 990,000
- Deposit, non-resident (40%)
- AED 1,980,000
- Monthly over 25 years at 3.7%
- AED 20,252
Plus AED 212,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →