816, Balqis Residence 2
Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 816, Balqis Residence 2
What is 816 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 November 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,508 sqft
- Floor
- 8th of 11
- Parking
- B-312, B-317
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 44,700 /yr
- Last sold
- AED 4.95M · November 2023
- Building
- Balqis Residence 2
About 816, Balqis Residence 2
816 is a three-bedroom apartment of 2,508 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 28 November 2023 for AED 4,950,000, or AED 1,973 per sqft, 23% above the AED 1,598 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 816 over time
816 has sold twice; the dashed line is the three-bed median of each year in the building.
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 816 sits
All 53 3-beds →816 last sold in November 2023 at AED 1,973 per sqft, 23% above what three-beds in Balqis Residence 2 were fetching at the time (AED 1,598).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202416 December 2024 | 2,392 sqft | 4,925,000 | 2,059 | ||
| 12 Dec 202412 December 2024 | 2,411 sqft | 7,050,000 | 2,924 | ||
| 9 Sep 20249 September 2024 | 2,938 sqft | 4,950,000 | 1,684 | ||
| 10 Jun 202410 June 2024 | 7,759 sqft | 14,550,000 | 1,875 |
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 | ||
| 811 | 2-bed | 1,924 sqft | AED 3MAED 3,000,000 · Apr 2022April 2022 | 220,000 /yr | |
| 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, Balqis Residence 2 in numbers
- Sold twice: first on 13 August 2009 for AED 4,915,000, last on 28 November 2023 for AED 4,950,000 (AED 1,973 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 28 November 2023.
Questions about 816, Balqis Residence 2
What did unit 816 last sell for?
AED 4,950,000 on 28 November 2023: AED 1,973 per sqft for 2,508 sqft. The unit has 2 registered sales; the first was AED 4,915,000 in August 2009.
How big is unit 816?
2,508 sqft (233.0 sqm): a three-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.
What is unit 816 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 816? Put it on the OpenOffers board
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Mortgage on 816, Balqis Residence 2
Starts from the last sale price (AED 4.95M, 28 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,950,000
- Deposit, UAE resident (20%)
- AED 990,000
- Deposit, non-resident (40%)
- AED 1,980,000
- Monthly over 25 years at 3.7%
- AED 20,252
Plus AED 212,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →