What is the rental yield in Balqis Residence 2?

Balqis Residence 2 returns 4.68% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 45 rental contracts registered in the last 24 months.

How much does a 2 bedroom in Balqis Residence 2 cost?

The median registered sale price is AED 4.38M (2,192 AED/sqft), from 14 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Balqis Residence 2 selling for right now?

Registered sales of ready units in Balqis Residence 2 over the last 12 months have a median of 2,223 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Balqis Residence 2 risen or fallen?

Median price per square foot moved +3.2% over the last 12 months against the 12 before it, on 14 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Balqis Residence 2 compare with Palm Jumeirah?

Its 4.68% gross yield sits -0.5 pts against the Palm Jumeirah median of 5.19%, computed at the same bedroom grain over the same 24-month window.

Balqis Residence 2 — rental prices & yield

Buy: 4.38MAED; AED 2,223/sqft
Long-let: 220,000AED; AED 110/sqft · 4.68%
Short-let: 9.82%; AED 1,876/night · 0.94/sqft

Price per sqft: Median of 9 registered sales of ready units in the last 12 months, most recent February 2026.

Priced off the last 5 sales — most recent February 2026.

Yield spread: -0.5 pts; vs the Palm Jumeirah median for this unit type
Turnover upside: +4.8%; new tenants pay more than sitting ones — 43 renewals
AED/yr/sqft: AED 110
Sales: 14
Rental contracts: 45
Renewal rent: AED 210,000/yr

12 months: -4.3%
3 years: +1.1%+0.4%/yr

Based on 14 sales and 45 rental contracts in the last 24 months. Rental data covers the whole Balqis Residence project, not this tower alone.

Balqis Residence 2 is an apartment building in Palm Jumeirah, Dubai, one of the towers in the Balqis Residence development. The closest metro station is Mina Seyahi, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 252 registered sales in all — the 14 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Balqis Residence 2, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
2 bed	AED 220,000	110	4.68% -0.5 pts	45
3 bed	AED 300,000	122	6.00% +0.9 pts	54
4+ bed	AED 442,500	109	3.69% -1.5 pts	22

Deltas compare each yield with the Palm Jumeirah median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Balqis Residence 2

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
2 bed500m	1,876	0.94	AED 429,414	AED 220,000	2.0×	9.82%	3+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Balqis Residence 2 itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

11 resales in the last 12 months, against 17 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
26 Aug 2026	3 bed	2,367	AED 4,999,900	2,113

1 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Mina Seyahi
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Balqis Residence, on the same figures over the same window.

Highest rental yields in Palm Jumeirah · Balqis Residence 2 places 24th of 51

Balqis Residence - Garden Villas · 1.47%
Balqis Residence 3 · 15.73%
Balqis Residence 1 · 3.06%
Balqis Residence - Beach Villas · 0.86%
Marina Apartments 1 · 5.51%
Marina Apartments 2 · 3.21%
Marina Apartments 4 · 5.38%
Marina Apartments 3 · 5.58%

Common questions

What is the rental yield in Balqis Residence 2?: Balqis Residence 2 returns 4.68% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 45 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Balqis Residence 2 cost?: The median registered sale price is AED 4.38M (2,192 AED/sqft), from 14 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Balqis Residence 2 selling for right now?: Registered sales of ready units in Balqis Residence 2 over the last 12 months have a median of 2,223 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Balqis Residence 2 risen or fallen?: Median price per square foot moved +3.2% over the last 12 months against the 12 before it, on 14 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Balqis Residence 2 compare with Palm Jumeirah?: Its 4.68% gross yield sits -0.5 pts against the Palm Jumeirah median of 5.19%, computed at the same bedroom grain over the same 24-month window.

Balqis Residence 2