2,002 sqftBalqis Residence 2, Palm Jumeirah · 4th floor · completed 2019

414, Balqis Residence 2

Sold prices and rental history: sold 3 times, last in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 31 October 2025

Last soldAED 4.45M31 October 2025

Current rentAED 241K /yr1 September 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 414, Balqis Residence 2

Today

What is 414 worth today?

Last sold for AED 4,450,000 in 2025

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31 Oct 2025

31 Oct 2025SoldReady

AED 4,450,000AED 2,223 per sqft

1 Sep 2024

1 Sep 2024RentedNew contract

AED 240,647/yr12 months · AED 120 per sqft

1 Sep 2023

1 Sep 2023RentedNew contract

AED 240,000/yr12 months · AED 120 per sqft

1 Sep 2022

1 Sep 2022RentedNew contract

AED 230,000/yr12 months · AED 115 per sqft

31 May 2022

31 May 2022SoldReady

AED 2,850,000AED 1,423 per sqft

15 Mar 2021

15 Mar 2021RentedNew contract

AED 130,000/yr12 months · AED 65 per sqft

14 Sep 2019

14 Sep 2019RentedNew contract

AED 135,000/yr12 months · AED 66 per sqft

16 Aug 2009

16 Aug 2009Sold by developerOff-plan

AED 3,500,000AED 1,748 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 October 2025.

Key facts

Type: Apartment
Size: 2,002 sqft
Floor: 4th of 11
Parking: B-245
Developer: Balqis Residence
Completed: 2019
Service charge: AED 35,600 /yr
Last sold: AED 4.45M · October 2025
Building: Balqis Residence 2

About 414, Balqis Residence 2

414 is an apartment of 2,002 sqft on the 4th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 31 October 2025 for AED 4,450,000, or AED 2,223 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 September 2024, is AED 240,647 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 35,600 a year.

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 4th floor

All 147 units in Balqis Residence 2


401	3-bed	2,756 sqft	AED 4.32MAED 4,315,000 · Aug 2009August 2009
402	2-bed	2,129 sqft	AED 1.44MAED 1,437,500 · Apr 2022April 2022	121,000 /yr
403	2-bed	2,094 sqft	AED 3.5MAED 3,500,000 · Feb 2024February 2024	120,000 /yr
404	3-bed	2,366 sqft	AED 4.3MAED 4,300,000 · Aug 2009August 2009	280,000 /yr
405	3-bed	2,367 sqft	AED 3.13MAED 3,125,000 · Feb 2013February 2013	262,500 /yr
406	2-bed	1,955 sqft	AED 3.21MAED 3,210,000 · Aug 2009August 2009	156,975 /yr
407	2-bed	1,963 sqft	AED 1.8MAED 1,800,000 · Aug 2019August 2019
408	2-bed	2,363 sqft	AED 3.31MAED 3,310,000 · Aug 2009August 2009
409	2-bed	2,463 sqft	AED 3.31MAED 3,310,000 · Aug 2009August 2009
410	2-bed	1,967 sqft	AED 3.31MAED 3,310,000 · Aug 2009August 2009	120,000 /yr
411		1,922 sqft	AED 4.55MAED 4,550,000 · Nov 2025November 2025	230,000 /yr
412	3-bed	2,411 sqft	AED 7.05MAED 7,050,000 · Dec 2024December 2024	149,500 /yr
413	3-bed	2,950 sqft	AED 3.5MAED 3,500,000 · May 2016May 2016	229,425 /yr
415	2-bed	2,005 sqft	AED 3.5MAED 3,500,000 · Aug 2009August 2009	205,000 /yr
416	3-bed	2,754 sqft	AED 4.32MAED 4,315,000 · Aug 2009August 2009

1–7 of 15

414, Balqis Residence 2 in numbers

Sold 3 times: first on 16 August 2009 for AED 3,500,000, last on 31 October 2025 for AED 4,450,000 (AED 2,223 per sqft).
Rented since September 2019 on 5 Ejari contracts, from AED 135,000 to AED 240,647 a year.
At AED 240,647 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 35,600 a year (AED 17.81 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 31 October 2025.

Questions about 414, Balqis Residence 2

What did unit 414 last sell for?

AED 4,450,000 on 31 October 2025: AED 2,223 per sqft for 2,002 sqft. The unit has 3 registered sales; the first was AED 3,500,000 in August 2009.

What is the rent for unit 414?

AED 240,647 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 240,000; the unit has been rented since September 2019.

How big is unit 414?

2,002 sqft (186.0 sqm): an apartment on the 4th floor of a 11-storey tower completed in 2019.

What is unit 414 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 414, Balqis Residence 2

Starts from the last sale price (AED 4.45M, 31 October 2025). Switch to today's estimate once you have unlocked it.

Price: AED 4,450,000
Deposit, UAE resident (20%): AED 890,000
Deposit, non-resident (40%): AED 1,780,000
Monthly over 25 years at 3.7%: AED 18,206

Plus AED 191,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →