3-bed · 2,413 sqftBalqis Residence 2, Palm Jumeirah · 3rd floor · completed 2019

310, Balqis Residence 2

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 4.68M13 August 2009
Current rentAED 255K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Balqis Residence 2

What is 310 worth today?

Last sold for AED 4,675,000 in 2009

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12 Sep 2025RentedNew contract
AED 255,000/yr12 months · AED 106 per sqft
2 Sep 2024RentedNew contract
AED 250,000/yr12 months · AED 104 per sqft
3 Sep 2023RentedRenewal
AED 228,000/yr6 months · AED 95 per sqft
3 Mar 2022RentedNew contract
AED 190,000/yr12 months · AED 79 per sqft
30 Nov 2019RentedNew contract
AED 140,000/yr12 months · AED 56 per sqft
13 Aug 2009Sold by developerOff-plan
AED 4,675,000AED 1,937 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 September 2025.

Key facts

Type
3-bed apartment
Size
2,413 sqft
Floor
3rd of 11
Parking
B-215
Developer
Balqis Residence
Completed
2019
Service charge
AED 43,000 /yr
Last sold
AED 4.68M · August 2009

About 310, Balqis Residence 2

310 is a three-bedroom apartment of 2,413 sqft on the 3rd floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 13 August 2009 for AED 4,675,000, or AED 1,937 per sqft, in line with the AED 1,900 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 12 September 2025, is AED 255,000 a year: a gross yield of 5.5% on the 2009 price, before the service charge of about AED 43,000 a year.

Sales and rents for 310 over time

Sales
Unit 310, each saleTypical three-bed in Balqis Residence 2
2M4M20092013201720212025Typical sale price by year: 2009 AED 4,765,000; 2013 AED 4,401,332; 2020 AED 2,046,000; 2021 AED 2,900,000; 2022 AED 3,952,200; 2023 AED 4,500,000; 2024 AED 4,950,000Sold by developer, August 2009: AED 4,675,000 (AED 1,937 per sqft)

310 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 310, each contractTypical three-bed in Balqis Residence 2
200K300K2019202120232025Typical rent by year: 2019 AED 150,000; 2020 AED 140,000; 2021 AED 150,000; 2022 AED 163,875; 2023 AED 234,000; 2024 AED 262,500; 2025 AED 290,000New contract, November 2019: AED 140,000 a yearNew contract, March 2022: AED 190,000 a yearRenewal, September 2023: AED 228,000 a yearNew contract, September 2024: AED 250,000 a yearNew contract, September 2025: AED 255,000 a year

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 310 sits

All 53 3-beds →

310 last sold in August 2009 at AED 1,937 per sqft, in line with what three-beds in Balqis Residence 2 were fetching at the time (AED 1,900).

Recent 3-bed salesUnit no.Price (AED)Summary
16 Dec 20244,925,000
12 Dec 20247,050,000
9 Sep 20244,950,000
10 Jun 202414,550,000
0 3-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
Value
3013-bedAED 2.1M · Jan 2023
3023-bedAED 4.5M · Aug 2009
3033-bedAED 2.17M · Feb 2021
3042-bedAED 2.65M · Jun 2022
3052-bedAED 3.4M · Sep 2023
306AED 4.3M · Sep 2025
3072-bedAED 3.46M · Aug 2009
1–7 of 13

310, Balqis Residence 2 in numbers

  • Sold once: by Balqis Residence on 13 August 2009 for AED 4,675,000, or AED 1,937 per sqft.
  • Rented since November 2019 on 5 Ejari contracts, from AED 140,000 to AED 255,000 a year.
  • At AED 255,000 a year the gross yield on the 2009 price is 5.5%, before a service charge of about AED 43,000 a year (AED 17.81 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 12 September 2025.

Questions about 310, Balqis Residence 2

What did unit 310 last sell for?

AED 4,675,000 on 13 August 2009, sold by the developer: AED 1,937 per sqft for 2,413 sqft. It is the only registered sale of the unit.

What is the rent for unit 310?

AED 255,000 a year on the contract signed on 12 September 2025. The previous contract, from September 2024, was AED 250,000; the unit has been rented since November 2019.

How big is unit 310?

2,413 sqft (224.2 sqm): a three-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2019.

What is unit 310 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 310, Balqis Residence 2

Starts from the last sale price (AED 4.68M, 13 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 4,675,000
Deposit, UAE resident (20%)
AED 935,000
Deposit, non-resident (40%)
AED 1,870,000
Monthly over 25 years at 3.7%
AED 19,127

Plus AED 201,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →