909, 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.
Property timeline for 909, Balqis Residence 2
What is 909 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,966 sqft
- Floor
- 9th of 11
- Parking
- B-103
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 35,000 /yr
- Last sold
- AED 3.91M · August 2009
- Building
- Balqis Residence 2
About 909, Balqis Residence 2
909 is a two-bedroom apartment of 1,966 sqft on the 9th 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 3,910,000, or AED 1,988 per sqft, 16% above the AED 1,709 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 6 September 2024, is AED 164,203 a year: a gross yield of 4.2% on the 2009 price, before the service charge of about AED 35,000 a year.
Sales and rents for 909 over time
909 has sold once; 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 909 sits
All 76 2-beds →909 last sold in August 2009 at AED 1,988 per sqft, 16% above 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. 909's AED 164,203 is at the bottom 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 9th floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 3-bed | 2,365 sqft | AED 5.04MAED 5,040,000 · Aug 2009August 2009 | 268,000 /yr | |
| 902 | 2-bed | 1,978 sqft | AED 5MAED 5,000,000 · Apr 2025April 2025 | ||
| 903 | 3-bed | 2,365 sqft | AED 4.99MAED 4,990,000 · Aug 2009August 2009 | 280,000 /yr | |
| 904 | 3-bed | 2,366 sqft | AED 4.95MAED 4,950,000 · Nov 2023November 2023 | 250,000 /yr | |
| 905 | 2-bed | 1,887 sqft | AED 1.57MAED 1,570,000 · Jan 2021January 2021 | 240,000 /yr | |
| 906 | 2-bed | 1,966 sqft | AED 3.8MAED 3,800,000 · Dec 2024December 2024 | 115,000 /yr | |
| 907 | 2-bed | 2,056 sqft | AED 3.91MAED 3,910,000 · Sep 2009September 2009 | ||
| 908 | 2-bed | 2,079 sqft | AED 1.55MAED 1,550,000 · Aug 2019August 2019 | 220,000 /yr | |
| 910 | 2-bed | 1,924 sqft | AED 3.91MAED 3,910,000 · Aug 2009August 2009 | 215,000 /yr | |
| 911 | 3-bed | 2,392 sqft | AED 4.89MAED 4,890,000 · Aug 2009August 2009 | 212,430 /yr | |
| 912 | 3-bed | 2,885 sqft | AED 3.95MAED 3,950,000 · Jun 2022June 2022 | 150,000 /yr | |
| 913 | 2-bed | 1,929 sqft | AED 4.1MAED 4,100,000 · Jul 2024July 2024 | 279,224 /yr | |
| 914 | 3-bed | 2,369 sqft | AED 2.04MAED 2,042,000 · Aug 2020August 2020 | 330,000 /yr |
909, Balqis Residence 2 in numbers
- Sold once: by Balqis Residence on 13 August 2009 for AED 3,910,000, or AED 1,988 per sqft.
- Rented since September 2019 on 4 Ejari contracts, from AED 120,000 to AED 164,203 a year.
- At AED 164,203 a year the gross yield on the 2009 price is 4.2%, before a service charge of about AED 35,000 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 6 September 2024.
Questions about 909, Balqis Residence 2
What did unit 909 last sell for?
AED 3,910,000 on 13 August 2009, sold by the developer: AED 1,988 per sqft for 1,966 sqft. It is the only registered sale of the unit.
What is the rent for unit 909?
AED 164,203 a year on the contract renewed on 6 September 2024. The previous contract, from September 2022, was AED 132,000; the unit has been rented since September 2019.
How big is unit 909?
1,966 sqft (182.6 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2019.
What is unit 909 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 909, Balqis Residence 2
Starts from the last sale price (AED 3.91M, 13 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 3,910,000
- Deposit, UAE resident (20%)
- AED 782,000
- Deposit, non-resident (40%)
- AED 1,564,000
- Monthly over 25 years at 3.7%
- AED 15,997
Plus AED 169,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →