2-bed · 2,193 sqftBalqis Residence 2, Palm Jumeirah · 6th floor · completed 2019

609, Balqis Residence 2

Sold prices and rental history: sold once, by the developer in August 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 13 August 2009
Last soldAED 3.41M13 August 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Balqis Residence 2

What is 609 worth today?

Last sold for AED 3,410,000 in 2009

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13 Aug 2009Sold by developerOff-plan
AED 3,410,000AED 1,554 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 August 2009.

Key facts

Type
2-bed apartment
Size
2,193 sqft
Floor
6th of 11
Parking
B-252
Developer
Balqis Residence
Completed
2019
Service charge
AED 39,100 /yr
Last sold
AED 3.41M · August 2009

About 609, Balqis Residence 2

609 is a two-bedroom apartment of 2,193 sqft on the 6th 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 3,410,000, or AED 1,554 per sqft, 9% below the AED 1,709 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical two-bed in Balqis Residence 2
2M4M2009201420192024Typical sale price by year: 2009 AED 3,560,000; 2012 AED 2,750,000; 2013 AED 3,692,500; 2014 AED 3,535,905; 2016 AED 3,300,000; 2019 AED 1,700,000; 2020 AED 2,000,000; 2021 AED 1,850,000; 2022 AED 3,000,000; 2023 AED 3,142,500; 2024 AED 3,650,000; 2025 AED 4,400,000Sold by developer, August 2009: AED 3,410,000 (AED 1,554 per sqft)

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

Rents
Unit 609, each contractTypical two-bed in Balqis Residence 2
100K200K2019202120232025Typical rent by year: 2019 AED 120,000; 2020 AED 110,000; 2021 AED 120,000; 2022 AED 162,500; 2023 AED 212,000; 2024 AED 220,000; 2025 AED 230,000

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 609 sits

All 76 2-beds →

609 last sold in August 2009 at AED 1,554 per sqft, 9% below what two-beds in Balqis Residence 2 were fetching at the time (AED 1,709). 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 salesUnit no.Price (AED)Summary
16 Feb 20264,900,000
3 Jun 20254,260,000
2 Jun 20254,400,000
16 Apr 20255,000,000
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 6th floor

All 147 units in Balqis Residence 2
Value
6013-bedAED 4.6M · Feb 2024
6022-bedAED 4.95M · Dec 2011
6032-bedAED 3.1M · Aug 2022
6043-bedAED 4.87M · Aug 2009
6053-bedAED 3.49M · Feb 2013
606AED 4.35M · Oct 2025
6072-bedAED 3.41M · Aug 2009
1–7 of 15

609, Balqis Residence 2 in numbers

  • Sold once: by Balqis Residence on 13 August 2009 for AED 3,410,000, or AED 1,554 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 13 August 2009.

Questions about 609, Balqis Residence 2

What did unit 609 last sell for?

AED 3,410,000 on 13 August 2009, sold by the developer: AED 1,554 per sqft for 2,193 sqft. It is the only registered sale of the unit.

How big is unit 609?

2,193 sqft (203.7 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2019.

What is unit 609 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 609, Balqis Residence 2

Starts from the last sale price (AED 3.41M, 13 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,410,000
Deposit, UAE resident (20%)
AED 682,000
Deposit, non-resident (40%)
AED 1,364,000
Monthly over 25 years at 3.7%
AED 13,951

Plus AED 148,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →