AED 260,000 /year

2 Bedrooms
2 Bathrooms
1,936 sqft / 180 sqm
APARTMENT FOR RENT IN BALQIS RESIDENCE, KINGDOM OF SHEBA

Prime Location | Luxury Upgrades | Spacious

Balqis Residence is one of four buildings that together comprise Kingdom of Sheba.



Overview
Balqis Residence is a mixed-use building in Kingdom of Sheba, The Palm Crescent, Palm Jumeirah, Dubai.

Balqis Residence includes standard freehold residences and fully furnished suites. Within the residential development, are 34 palatial, four and five bedroom sea-facing villas with private pools, landscaped gardens and enclosed three car garages. There are also elegant townhouses, again with private pools, landscaped gardens and enclosed three car garages as standard. Penthouses and a range of apartments, complete the residential offering.

Balqis Suites offer the owner flexibility within a fully furnished, operated and managed enclave. Investors can cede their property within a balanced rental management program whilst still retaining usage rights for when they visit Dubai.

A beach club, several pools, luxurious landscaping, shops, restaurant and convenience store are planned for the resort

Property details

Property Type

Apartment

Property Size

1,936 sqft / 180 sqm

Bedrooms

2

Bathrooms

2

Available from

11 Dec 2024


Amenities

Central A/C

Balcony

Shared Pool

Concierge

Covered Parking

Built in Wardrobes

Shared Gym

Lobby in Building


Location

Map preview
Balqis Residence
Residential Insights

Price Range:

199K-8M AED/year
Palm Jumeirah
Community Insights
4.1/5151 building reviews

Luxury | Mostly apartments

Price Range:

85K-16M AED/year

Price Insights

Transactions for Similar Properties

2 Beds Apartment in Balqis Residence

Sold for

DateAEDArea (sqft)
12 Dec 20243,800,0001,966
20 Nov 20244,000,0002,098
21 Oct 20244,050,0001,950
15 Jul 20244,100,0001,929
10 Jun 20243,310,0001,971

Rented for

DateAED/yearArea (sqft)
3 Jan 2025258,5001,936
25 Dec 2024200,0001,965
1 Nov 2024205,0002,005
20 Oct 2024250,0001,929
8 Sep 2023120,0001,966
See all transactions in this location

Powered byDataGuru

This property costs 5% less than the average price of 2 bedroom in Palm Jumeirah

Average Rent is 275,042 AED

This property is 12% bigger than the average size of 2 bedroom in Palm Jumeirah

Average size is 1,729 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Palm Jumeirah

Provided by

SAMENT REAL ESTATE

See all properties (24)

Response time

within 5 minutes

Experience

13 years

Languages

English, Russian

See agent properties (16)

Regulatory information
Regulatory information

Reference

sament-12559547

Listed

3 days ago

Broker License

32958

Zone name

Palm Jumeirah

DLD Permit Number:

7117992754

Agent License

57351

DLD Permit Number

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