2-bed · 2,112 sqftBalqis Residence 2, Palm Jumeirah · 3rd floor · completed 2019

305, Balqis Residence 2

Sold prices and rental history: sold twice, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 22 September 2023

Last soldAED 3.4M22 September 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 305, Balqis Residence 2

Today

What is 305 worth today?

Last sold for AED 3,400,000 in 2023

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22 Sep 2023

22 Sep 2023SoldReady

AED 3,400,000AED 1,610 per sqft

21 Feb 2013

21 Feb 2013Sold by developerOff-plan

AED 4,144,000AED 1,962 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 September 2023.

Key facts

Type: 2-bed apartment
Size: 2,112 sqft
Floor: 3rd of 11
Parking: G-52
Developer: Balqis Residence
Completed: 2019
Service charge: AED 37,600 /yr
Last sold: AED 3.4M · September 2023
Building: Balqis Residence 2

About 305, Balqis Residence 2

305 is a two-bedroom apartment of 2,112 sqft on the 3rd floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 22 September 2023 for AED 3,400,000, or AED 1,610 per sqft, 6% above the AED 1,513 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 305 over time

Sales

Unit 305, each saleTypical two-bed in Balqis Residence 2

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

Rents

Unit 305, each contractTypical two-bed in Balqis Residence 2

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 305 sits

All 76 2-beds →

2-beds in Balqis Residence 2 · last 12 months2,367 /sqft Balqis Residence 2 · all types2,367 /sqft

305 last sold in September 2023 at AED 1,610 per sqft, 6% above what two-beds in Balqis Residence 2 were fetching at the time (AED 1,513). Over the last 12 months two-beds sold for AED 4,550,000 to 4,900,000, around AED 2,367 per sqft, and rent for AED 200,000 to 230,000 a year.

Recent 2-bed sales	Size	Price (AED)	Per sqft
16 Feb 202616 February 2026	2,267 sqft	4,900,000	2,161
3 Jun 20253 June 2025	1,977 sqft	4,260,000	2,154
2 Jun 20252 June 2025	1,926 sqft	4,400,000	2,284
16 Apr 202516 April 2025	1,978 sqft	5,000,000	2,528

3 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. 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%

Balqis Residence 2, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 147 units in Balqis Residence 2


301	3-bed	2,817 sqft	AED 2.1MAED 2,100,000 · Jan 2023January 2023
302	3-bed	2,368 sqft	AED 4.5MAED 4,500,000 · Aug 2009August 2009	240,000 /yr
303	3-bed	2,357 sqft	AED 2.17MAED 2,170,000 · Feb 2021February 2021	210,000 /yr
304	2-bed	2,184 sqft	AED 2.65MAED 2,646,576 · Jun 2022June 2022	100,000 /yr
306		2,409 sqft	AED 4.3MAED 4,300,000 · Sep 2025September 2025	150,766 /yr
307	2-bed	2,516 sqft	AED 3.46MAED 3,460,000 · Aug 2009August 2009	200,000 /yr
308	2-bed	2,092 sqft	AED 3.05MAED 3,050,000 · Feb 2024February 2024	230,000 /yr
309	2-bed	2,025 sqft	AED 1.7MAED 1,700,000 · Nov 2019November 2019	216,000 /yr
310	3-bed	2,413 sqft	AED 4.68MAED 4,675,000 · Aug 2009August 2009	255,000 /yr
311	3-bed	2,970 sqft	AED 1.7MAED 1,700,000 · Nov 2020November 2020	302,000 /yr
312	2-bed	2,196 sqft	AED 2.75MAED 2,750,000 · Jun 2012June 2012	205,000 /yr
313	2-bed	2,167 sqft	AED 2.77MAED 2,765,000 · Mar 2022March 2022	230,000 /yr
314	3-bed	2,815 sqft	AED 4.9MAED 4,900,000 · Dec 2011December 2011	230,000 /yr

1–7 of 13

305, Balqis Residence 2 in numbers

Sold twice: first on 21 February 2013 for AED 4,144,000, last on 22 September 2023 for AED 3,400,000 (AED 1,610 per sqft).
Two-beds in Balqis Residence 2 sold for AED 4,550,000–4,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,367 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 22 September 2023.

Questions about 305, Balqis Residence 2

What did unit 305 last sell for?

AED 3,400,000 on 22 September 2023: AED 1,610 per sqft for 2,112 sqft. The unit has 2 registered sales; the first was AED 4,144,000 in February 2013.

How big is unit 305?

2,112 sqft (196.2 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2019.

What is unit 305 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 4,900,000 in the last 12 months, around AED 2,367 per sqft.

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Mortgage on 305, Balqis Residence 2

Starts from the last sale price (AED 3.4M, 22 September 2023). Switch to today's estimate once you have unlocked it.

Price: AED 3,400,000
Deposit, UAE resident (20%): AED 680,000
Deposit, non-resident (40%): AED 1,360,000
Monthly over 25 years at 3.7%: AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →