Building record
Balqis Residence 1 Building record · Part of Balqis Residence · prices, sales and rents
The registered record of this tower, with project context where needed.
Developer: Balqis Residence
Data to 4 November 2026
- Registered sales
- 5
- Last 12 months
- Building ready median
- AED 2,722
- Per sq ft
- Project ready median
- AED 2,350
- Per sq ft
Balqis Residence 1 is a building of Balqis Residence in Palm Jumeirah. Dubai Land Department lists the project as completed on 30 October 2019. In the last 12 months, Dubai Land Department registered 5 sales in Balqis Residence 1, worth AED 72.3M in total. The median price of ready homes was 2,722 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
Prices in Balqis Residence 1.
Median registered price, AED per sq ft
Too few registered sales for a monthly price trend.
Project-level context
Balqis Residence 1 rents and yields.
Apartment · 2 beds
- Ready median price
- —
- Median yearly rent
- AED 205K
- Gross yield
- Rent only
Apartment · 3 beds
- Ready median price
- —
- Median yearly rent
- AED 295K
- Gross yield
- Rent only
Apartment · 4 beds
- Ready median price
- —
- Median yearly rent
- AED 370K
- Gross yield
- Rent only
Apartment · 5 beds
- Ready median price
- —
- Median yearly rent
- AED 640K
- Gross yield
- Rent only
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Sales and ready prices are this building’s. New rents are the whole project’s: Dubai Land Department rent contracts name the project, not the building. The gross yield divides the project’s rent by this building’s ready median price.
Service charges.
In the area report.
The Palm Jumeirah area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Palm Jumeirah area reportThe latest registered sales in Balqis Residence 1.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 14 May 2026 | Apartment · 3 beds · Ready | 4,918 sqft | AED 16,825,000 | 3,421 |
| 18 Feb 2026 | Apartment · 3 beds · Ready | 2,283 sqft | AED 5,850,000 | 2,562 |
| 6 Feb 2026 | Apartment · 6 beds · Ready | 17,359 sqft | AED 34,000,000 | 1,959 |
| 25 Nov 2025 | Apartment · 2 beds · Ready | 2,098 sqft | AED 6,500,000 | 3,098 |
| 12 Nov 2025 | Apartment · 4 beds · Ready | 3,361 sqft | AED 9,150,000 | 2,722 |
| 4 Jun 2025 | Apartment · 3 beds · Ready | 5,225 sqft | AED 16,850,000 | 3,225 |
| 22 Apr 2025 | Apartment · 2 beds · Ready | 2,008 sqft | AED 3,750,000 | 1,868 |
| 17 Apr 2025 | Apartment · 4 beds · Ready | 3,360 sqft | AED 8,800,000 | 2,619 |
| 14 Apr 2025 | Apartment · 3 beds · Ready | 4,283 sqft | AED 4,000,000 | 934 unusually low AED/sq ft for its project |
| 18 Feb 2025 | Apartment · 2 beds · Ready | 1,837 sqft | AED 3,850,000 | 2,096 |
14 May 2026
Apartment3 bedsReady4,918 sqft
AED 16,825,0003,421 AED/sqft
18 Feb 2026
Apartment3 bedsReady2,283 sqft
AED 5,850,0002,562 AED/sqft
6 Feb 2026
Apartment6 bedsReady17,359 sqft
AED 34,000,0001,959 AED/sqft
25 Nov 2025
Apartment2 bedsReady2,098 sqft
AED 6,500,0003,098 AED/sqft
12 Nov 2025
Apartment4 bedsReady3,361 sqft
AED 9,150,0002,722 AED/sqft
4 Jun 2025
Apartment3 bedsReady5,225 sqft
AED 16,850,0003,225 AED/sqft
22 Apr 2025
Apartment2 bedsReady2,008 sqft
AED 3,750,0001,868 AED/sqft
17 Apr 2025
Apartment4 bedsReady3,360 sqft
AED 8,800,0002,619 AED/sqft
14 Apr 2025
Apartment3 bedsReady4,283 sqft
AED 4,000,000934 AED/sqft unusually low AED/sq ft for its project
18 Feb 2025
Apartment2 bedsReady1,837 sqft
AED 3,850,0002,096 AED/sqft
Unusually low AED/sq ft for its project: under 50% of the 12-month median of the same home type there (or, with too few sales, in its area). The sale stays in every figure.
Other towers in this project.
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Questions about Balqis Residence 1
What is the price per sq ft in Balqis Residence 1?
In the 12 months to 4 November 2026, the median registered sale price of ready homes was 2,722 AED/sqft.
How many homes were sold in Balqis Residence 1 in the last 12 months?
In the last 12 months, Dubai Land Department registered 5 sales in Balqis Residence 1, worth AED 72.3M in total. The median price of ready homes was 2,722 AED/sqft. Registered sales to 4 November 2026.
What is the rent in Balqis Residence?
In the 12 months to 4 November 2026, Apartment · 3 beds was the most rented home type in Balqis Residence, at a median of AED 295,000 a year over 23 new contracts.
When was Balqis Residence 1 completed?
Dubai Land Department lists the project as completed on 30 October 2019.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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