811, Balqis Residence 2
Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 811, Balqis Residence 2
What is 811 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 30 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,924 sqft
- Floor
- 8th of 11
- Parking
- B-307
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 34,300 /yr
- Last sold
- AED 3M · April 2022
- Building
- Balqis Residence 2
About 811, Balqis Residence 2
811 is a two-bedroom apartment of 1,924 sqft on the 8th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 26 April 2022 for AED 3,000,000, or AED 1,559 per sqft, 30% above the AED 1,199 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 30 April 2024, is AED 220,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 34,300 a year.
Sales and rents for 811 over time
811 has sold twice; the dashed line is the two-bed median of each year in the building.
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 811 sits
All 76 2-beds →811 last sold in April 2022 at AED 1,559 per sqft, 30% above what two-beds in Balqis Residence 2 were fetching at the time (AED 1,199). 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. 811's AED 220,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 8th floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 802 | 2-bed | 1,977 sqft | AED 4.26MAED 4,260,000 · Jun 2025June 2025 | 220,000 /yr | |
| 803 | 2-bed | 2,003 sqft | AED 1.45MAED 1,450,000 · Apr 2020April 2020 | 200,000 /yr | |
| 804 | 3-bed | 2,366 sqft | AED 3.65MAED 3,650,000 · Apr 2022April 2022 | 350,000 /yr | |
| 805 | 3-bed | 2,366 sqft | AED 2.15MAED 2,150,000 · Jul 2020July 2020 | ||
| 806 | 2-bed | 1,887 sqft | AED 3.43MAED 3,430,000 · Apr 2024April 2024 | 110,000 /yr | |
| 807 | 2-bed | 1,966 sqft | AED 2.2MAED 2,200,000 · Jul 2021July 2021 | ||
| 808 | 2-bed | 2,134 sqft | AED 875KAED 875,000 · Mar 2021March 2021 | 237,000 /yr | |
| 809 | 2-bed | 2,149 sqft | AED 3.2MAED 3,200,000 · Feb 2023February 2023 | ||
| 810 | 2-bed | 1,966 sqft | AED 2MAED 2,000,000 · Aug 2019August 2019 | ||
| 812 | 3-bed | 2,392 sqft | AED 4.05MAED 4,050,000 · Apr 2023April 2023 | 289,000 /yr | |
| 813 | 3-bed | 2,909 sqft | AED 4.52MAED 4,522,590 · Feb 2019February 2019 | ||
| 814 | 2-bed | 1,948 sqft | AED 3.71MAED 3,710,000 · Aug 2009August 2009 | ||
| 815 | 2-bed | 1,926 sqft | AED 4.4MAED 4,400,000 · Jun 2025June 2025 | ||
| 816 | 3-bed | 2,508 sqft | AED 4.95MAED 4,950,000 · Nov 2023November 2023 |
811, Balqis Residence 2 in numbers
- Sold twice: first on 17 August 2009 for AED 3,710,000, last on 26 April 2022 for AED 3,000,000 (AED 1,559 per sqft).
- Rented since March 2020 on 5 Ejari contracts, from AED 140,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 34,300 a year (AED 17.81 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 30 April 2024.
Questions about 811, Balqis Residence 2
What did unit 811 last sell for?
AED 3,000,000 on 26 April 2022: AED 1,559 per sqft for 1,924 sqft. The unit has 2 registered sales; the first was AED 3,710,000 in August 2009.
What is the rent for unit 811?
AED 220,000 a year on the contract renewed on 30 April 2024. The previous contract, from April 2023, was AED 220,000; the unit has been rented since March 2020.
How big is unit 811?
1,924 sqft (178.7 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.
What is unit 811 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 811, Balqis Residence 2
Starts from the last sale price (AED 3M, 26 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →