Balqis Residence property prices & sales
Balqis Residence at a glance written from registered records
Balqis Residence recorded 25 registered sales in the last 12 months, worth AED 235.13M in total. The median price was AED 2,147 per sq ft, up 3.4% on the previous 12 months, and the median sale price was AED 5.00M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 103 rental contracts registered in the same period, the median annual rent was AED 260,000, an indicative gross yield of 5.2%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 9 | 1,959 | AED 6.22M |
| 2025 | 38 | 2,151 | AED 4.62M |
| 2024 | 47 | 1,800 | AED 4.20M |
| 2023 | 70 | 1,791 | AED 3.04M |
| 2022 | 87 | 1,559 | AED 3.05M |
| 2021 | 61 | 1,096 | AED 2.60M |
| 2020 | 30 | 937 | AED 2.00M |
| 2019 | 14 | 922 | AED 1.93M |
| 2018 | 1 | 1,157 | AED 4.20M |
| 2016 | 13 | 1,792 | AED 3.90M |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| 2 B/R | 22 | AED 4.01M | AED 4.30M | AED 4.66M | 2,121 | 1,977 sq ft |
| 5 B/R | 10 | AED 15.62M | AED 27.00M | AED 31.65M | 1,937 | 13,913 sq ft |
| 3 B/R | 9 | AED 5.00M | AED 6.18M | AED 10.70M | 2,541 | 2,433 sq ft |
| 4 B/R | 5 | AED 8.80M | AED 9.15M | AED 18.50M | 2,514 | 3,402 sq ft |
| Studio | 4 | AED 1.10M | AED 1.18M | AED 1.38M | 1,723 | 703 sq ft |
| 1 B/R | 3 | AED 1.56M | AED 1.83M | AED 1.97M | 1,668 | 1,045 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-09-22 | Unit | 2 B/R | Balqis Residence 3 | 2,070 | AED 3,111,726 | 1,503 |
| 2026-09-11 | Unit | 2 B/R | Balqis Residence 2 | 3,728 | AED 6,222,800 | 1,669 |
| 2026-08-26 | Unit | 3 B/R | Balqis Residence 2 | 2,367 | AED 4,999,900 | 2,113 |
| 2026-05-14 | Unit | 3 B/R | Balqis Residence 1 | 4,918 | AED 16,825,000 | 3,421 |
| 2026-02-24 | Unit | 2 B/R | Balqis Residence 2 | 3,728 | AED 6,430,265 | 1,725 |
| 2026-02-18 | Unit | 3 B/R | Balqis Residence 1 | 2,283 | AED 5,850,000 | 2,563 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Balqis Residence
What is the average price per sq ft in Balqis Residence?
Over the last 12 months the median registered sale price in Balqis Residence was AED 2,147 per sq ft (+3.4% year on year).
What is the rental yield in Balqis Residence?
Comparing the median annual rent (AED 260,000) with the median sale price (AED 4,999,900) over the last 12 months gives an indicative gross yield of 5.2%.
How many properties sold in Balqis Residence in the last 12 months?
25 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Balqis Residence?
The median annual rent across 103 contracts registered in the last 12 months was AED 260,000.
Comparables in Palm Jumeirah 12m
Balqis Residence ranks #31 of 37 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Passo By Beyond | 241 | 5,908 |
| Serenia Living | 41 | 4,537 |
| The Palm Tower | 33 | 4,340 |
| The 8 | 25 | 3,985 |
| Palm Beach Towers - 2 | 24 | 3,319 |
| Seven Hotel and Apartments The Palm | 63 | 3,284 |
| Tiara Residence | 28 | 3,230 |
| Fairmont Palm Residence | 34 | 2,600 |
| Royal Amwaj | 41 | 2,266 |
| Marina Residence | 79 | 2,219 |
| Balqis Residence | 25 | 2,147 |
| Golden Mile | 49 | 1,961 |
Project record
| Developer | Balqis Residence Fze |
| Status | Finished |
| Completion | 100% |
| Handover | 2019-10-30 |
| Units | 398 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
