Sold Prices · DLD Data
Balqis Residence
Palm Jumeirah, Dubai · Palm Jumeirah
AED 2,279
Avg Price / sqft
AED 16M
Avg Sale Price
6
DLD Sales Recorded
9.2%
Est. Gross Yield
Market snapshot
Balqis Residence — the numbers
Balqis Residence is a residential building in Palm Jumeirah, Dubai with approximately 398 units. Dubai Land Department records show 6 sales in the building, at an average price of AED 16M — around AED 2,279 per square foot.
Since January 2026, 6 sales completed in Balqis Residence, with the average price per square foot moving from AED 1,847 to AED 3,421 (+85.2%). That upward drift suggests sellers currently hold pricing power here.
Benchmarked against average residential rents in Palm Jumeirah, a typical unit in Balqis Residence returns an estimated 9.2% gross rental yield before service charges — a useful starting point for investors comparing towers across Palm Jumeirah.
Figures are from Dubai Land Department transaction records for Balqis Residence; individual units vary by floor, view and finish. Gross yield is estimated against average Palm Jumeirah residential rents, before service charges.
Price trend
Price trend in Balqis Residence
Average sale price per sqft by month since January 2026+85.2%
Unit types
Prices by unit type
2 Bed
AED 5.7M
AED 1,943/sqft
2 sales · last 12 months
3 Bed
AED 11M
AED 2,992/sqft
2 sales · last 12 months
5 Bed
AED 26M
AED 1,847/sqft
1 sale · last 12 months
6 Bed
AED 34M
AED 1,959/sqft
1 sale · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 14 May 2026 | Sales | 3 | 4,918 | AED 17M | AED 3,421 |
| 24 Feb 2026 | Sales | 2 | 3,728 | AED 6.4M | AED 1,725 |
| 18 Feb 2026 | Sales | 3 | 2,283 | AED 5.8M | AED 2,563 |
| 16 Feb 2026 | Sales | 2 | 2,267 | AED 4.9M | AED 2,162 |
| 05 Feb 2026 | Sales | 6 | 17,360 | AED 34M | AED 1,959 |
| 26 Jan 2026 | Sales | 5 | 13,913 | AED 26M | AED 1,847 |
About the area
Balqis Residence is in Palm Jumeirah
Palm Jumeirah is an iconic community in Dubai, renowned for its unique palm-tree shape and luxurious living environment. Developed by Nakheel, this exclusive enclave appeals primarily to affluent individuals and families seeking a sophisticated lifestyle characterized by stunning waterfront views and high-end amenities.
Explore the Palm Jumeirah area guideNearby
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Palm Views - East
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FAQ
Balqis Residence: frequently asked questions
What is the average price in Balqis Residence?
The average recorded sale price in Balqis Residence, Palm Jumeirah is AED 16M, around AED 2,279 per square foot, based on Dubai Land Department transaction data.
Are prices in Balqis Residence going up or down?
Average sale prices in Balqis Residence have risen +85.2% per square foot since January 2026, across 6 DLD-recorded sales.
What rental yield can I expect in Balqis Residence?
Based on average Palm Jumeirah residential rents against sale prices in the building, a typical unit in Balqis Residence yields roughly 9.2% gross per year, before service charges and fees.
How many properties have sold in Balqis Residence?
6 sales have been recorded in Balqis Residence according to DLD data, across approximately 398 units.
Considering Balqis Residence?
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