Balqis Residence 2
What people actually paid in Balqis Residence 2: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
253 sales are on record at the Dubai Land Department, below.
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Buying in Balqis Residence 2? Chris can walk you through what these numbers mean for you.
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- Community
- Palm Jumeirah
- Handed over
- 2021 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2009 — an off-plan sale
- Sales on record
- 253 — registered at the Dubai Land Department, the latest September 2026
- Off-plan share
- 60% — 153 bought off-plan from the developer, 100 resales of a completed home
Recorded rents and gross yield for Balqis Residence 2 →
How Balqis Residence 2 compares — every tower in Palm Jumeirah, ranked by recorded price →
Living in Palm Jumeirah — the area guide →
What a mortgage on a home in Balqis Residence 2 costs a month — and the cash you need on the day →
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2020 at AED 832 a square foot, and it has recovered 131% since. It is still 14% below its 2025 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 2 B/R | 1,977 sqft | 4,280,000 | 4,264,961 | 1,896 | 24 |
| 3 B/R | 2,411 sqft | 4,950,000 | 6,852,075 | 2,016 | 12 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Balqis Residence 2
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 11 Sept 2026 | 2 B/R | 3,728 | 6,222,800 | 1,669 |
| 26 Aug 2026 | 3 B/R | 2,367 | 4,999,900 | 2,113 |
| 24 Feb 2026 | 2 B/R | 3,728 | 6,430,265 | 1,725 |
| 16 Feb 2026 | 2 B/R | 2,267 | 4,900,000 | 2,162 |
| 4 Dec 2025 | 2 B/R | 1,965 | 4,700,000 | 2,392 |
| 27 Nov 2025 | 2 B/R | 1,922 | 4,550,000 | 2,368 |
| 31 Oct 2025 | 2 B/R | 2,002 | 4,450,000 | 2,223 |
| 27 Oct 2025 | 2 B/R | 2,180 | 3,850,000 | 1,766 |
| 27 Oct 2025 | 2 B/R | 1,957 | 4,350,000 | 2,223 |
| 16 Oct 2025 | 5 B/R | 10,179 | 12,000,012 | 1,179 |
| 29 Sept 2025 | 2 B/R | 1,930 | 4,300,000 | 2,228 |
| 3 Sept 2025 | 2 B/R | 2,409 | 4,300,000 | 1,785 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 253 sales on record, 153 were bought off-plan from the developer and 100 were resales of a finished home. The changeover in 2021 is the handover. The 2026 bar is part-year.
Where the market is moving
The busiest buildings in Palm Jumeirah
Balqis Residence 2 sold 2 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Palm Jumeirah.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Serenia Living Tower 1 | 14 | 11.2× |
| 2 | The Fairmont Palm Residence North | 8 | 1.9× |
| 3 | Al Sarrood | 7 | 4.0× |
| 4 | Seven Palm | 7 | 0.5× |
| 5 | Serenia Living Tower 2 | 6 | 6.0× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Palm Jumeirah, with pace against each building’s own year before.
Nearby
What else to look at in Palm Jumeirah
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Passo by Beyond - TOWER Bnewest | 86 | 2026 | 6,022 |
| Passo by Beyond - TOWER Anewest | 192 | 2025 | 5,822 |
| Aquamarine | 268 | 2009 | 1,790 |
| Tanzanite | 229 | 2009 | 1,768 |
| Kempinski Palm Residence | 513 | 2009 | 1,761 |
| Taj Grandeur Residences | 629 | 2009 | 1,760 |
| Emerald Palace Kempinski Hotel | 40 | 2009 | 1,672 |
| Ruby | 267 | 2009 | 1,633 |
| Balqis Residence 1 | 101 | 2009 | 1,611 |
| Emerald | 232 | 2009 | 1,601 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Buying in Balqis Residence 2? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.