Palm Jumeirah · Ready · 37% of recent sales are 2-bedrooms

Balqis ResidenceWhat it sells for

2-bedrooms resell for about AED 4.1M.

This page uses all 94 sales since January 2024, because the 12 months to 3 Nov 2026 hold 23.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 4.1Mfor a typical 2-bedroom

From 35 resales since January 2024.

What brings you here?

Apartment type

Prices and rents at Balqis Residence

What should you pay for a 2-bedroom?

AED 4.1M

That's the typical price. 17 of the 35 2-bedrooms resold here since January 2024 went for AED 3.7M to AED 4.5M. Got an asking price? Enter it below to see how it compares.

Each dot is a real sale here since January 2024.

What should you offer first?

AED 3.7M

9 of the 35 2-bedrooms resold here since January 2024 went for this or less. Start here and leave room to move.

  • Across Palm Jumeirah169 recent resalesUp 3%

What will it really cost you?

Based on the typical 2-bedroom here at AED 4.1M, and renting a 2-bedroom in Palm Jumeirah for AED 200k a year.

The mortgage is AED 1,564 a month more than renting.

Before service charges and any change in price.

Owning: mortgage each monthAED 18,231
Renting a 2-bedroom in Palm JumeirahAED 16,667

Cash you need

AED 1.09M

  • Down paymentAED 820,000
  • DLD transfer feeAED 164,580
  • Agency feeAED 86,100
  • Trustee, mortgage and valuationAED 15,690

Over 5 years, buying costs about AED 962k in fees and interest. Renting costs about AED 1M.

Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.

Will it be easy to sell later?

1 a month

That's how often a 2-bedroom resells here.

Are prices rising or falling?

No clear move

Only 6 resales in the building in the last 3 months, too few to call a direction.

Jul 2024Oct 2026

Do bigger 2-bedrooms cost more?

Each dot is a 2-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 172. Dots well above the line sold for more than their size explains, so ask what made them worth it.

AED 3MAED 3.5MAED 4MAED 4.5MAED 5M1,8001,9002,0002,1002,2002,3002,400Size, sq ft →

What else could AED 4.1M buy nearby?

AED 480k less

2-bedrooms at Golden Mile cost AED 3.62M and rent for AED 180k. That's a 5.0% return. Below: 2 cheaper buildings with a known rent.

  1. BuildingTypical priceRent a yearReturn
  2. Golden Milesaves AED 480kAED 3.62MAED 180k a year5.0%
  3. Marina Residencesaves AED 120kAED 3.98MAED 180k a year4.5%
  4. Balqis Residenceyou're hereAED 4.1M

Is it still selling?

The latest sale in Balqis Residence was registered on 26 Oct 2026. 23 sales were registered in the 12 months to 3 Nov 2026, against 31 in the 12 months before.

Off-planResale

Sales are counted in the half-year DLD registered them. A half-year still running shows the sales so far.

Where is Balqis Residence?

24% below

the typical resale price per sq ft in Palm Jumeirah, since January 2024.

Balqis Residence against Palm Jumeirah

  • Balqis ResidenceResale, 94 sales since January 2024AED 1,867 per sq ft
  • Palm JumeirahResale, 2,759 sales since January 2024AED 2,459 per sq ft

A 2-bedroom in Palm Jumeirah

  • A typical 2-bedroom resells forAED 4.14M
  • New 2-bedroom leases sign forAED 200k a year
  • Rent as a share of the price4.8%

How busy it is

  • Sales since January 20243,736
  • Off-plan share of sales26%

See all of Palm Jumeirah

More in Palm Jumeirah

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a 2-bedroom in Balqis Residence?

About AED 4.1M on resale; 17 of 35 sold for AED 3.7M to AED 4.5M.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Balqis Residence registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at every sale since January 2024, because 12 months of its sales are too few to read. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price only with at least 20 sales since January 2024 or a rent with at least 20 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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