Project · Palm Jumeirah · Sale prices

Balqis Residence Property Prices 2026

The median property sale price in Balqis Residence was ⃃ 4,950,000 in the 12 months to 16 Oct 2026, based on 24 registered sales — 0.3% lower than the same 12 months a year earlier. The median price per square foot was ⃃ 2,150 (+4.2% year on year). That is 248.6% above the Dubai-wide median of ⃃ 1,420,000 for the same property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 24 salesUpdated: 17 Oct 2026
Median sale price
⃃ 4,950,000
−0.3% YoY
24 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 2,150
+4.2% YoY
24 sales · the 12 months to 16 Oct 2026
Registered sales
24
−20.0% YoY
worth ⃃ 223.13M · the 12 months to 16 Oct 2026
Gross rental yield
5.17%
median rent ⃃ 256,000/yr · yield details

What are the key price figures for Balqis Residence?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 4,950,00012 months to 16 Oct 202624 sales; −0.3% vs the same 12 months a year earlier
Median price per sq ft⃃ 2,15012 months to 16 Oct 202624 sales; +4.2% vs the same 12 months a year earlier
Number of sales2412 months to 16 Oct 2026−20.0% vs the same 12 months a year earlier
Total sales value⃃ 223,133,26112 months to 16 Oct 2026−31.8% vs the same 12 months a year earlier
Lowest / highest sale⃃ 1.1M – ⃃ 34M12 months to 16 Oct 2026single registered sales (not typical prices)
Median annual rent⃃ 256,00012 months to 16 Oct 202697 units currently rented
Gross rental yield5.17%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation0.0%12 months to 16 Oct 2026change in property value over the period
Units on record562current23 sold in the 12 months to 16 Oct 2026 (4.1% of stock)
Units available for sale108currentactive listings matched to units
Developer (primary) median price⃃ 3,690,000all time397 developer sales; ⃃ 1,790 per sq ft
Launch date08/11/2008—project record
Completion / handover date30/10/2019—project record

How do prices differ by property type in Balqis Residence?

Medians over the 12 months to 16 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 16 Oct 2026. YoY = median price vs the same 12 months a year earlier.
Property typeMedian priceYoYPer sq ftSalesGross yield
Apartments⃃ 4,950,000−0.3%⃃ 2,150245.25%

How have property prices in Balqis Residence changed since 2012?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2012–2026 (to 16 Oct 2026)
Balqis Residence median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
2012221,573
2013461,753
2014141,899
201571,872
2016121,793
201811,201
201914953
202031994
2021611,096
2022871,559
2023701,791
2024471,800
2025382,151
2026 YTD91,959
Registered sales and median price per sq ft by year, Balqis Residence. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)9part year⃃ 108.04M⃃ 6,222,800⃃ 1,959−9.0%
202538−19.1%⃃ 406.44M⃃ 4,625,000⃃ 2,151+19.5%
202447−32.9%⃃ 328.49M⃃ 4,200,000⃃ 1,800+0.5%
202370−19.5%⃃ 305.3M⃃ 3,044,152⃃ 1,791+14.9%
202287+42.6%⃃ 393.5M⃃ 3,047,882⃃ 1,559+42.3%
202161+96.8%⃃ 290.34M⃃ 2,600,000⃃ 1,096+10.3%
202031+121.4%⃃ 100.6M⃃ 2,000,000⃃ 994+4.3%
201914+1300.0%⃃ 62.31M⃃ 1,925,000⃃ 953−20.6%
20181−91.7%⃃ 4.2M⃃ 4,200,000⃃ 1,201−33.0%
201612+71.4%⃃ 45.13M⃃ 3,750,000⃃ 1,793−4.2%
20157−50.0%⃃ 39.67M⃃ 3,850,000⃃ 1,872−1.4%
201414−69.6%⃃ 88.2M⃃ 3,486,828⃃ 1,899+8.3%
201346+109.1%⃃ 220.68M⃃ 3,837,500⃃ 1,753+11.5%
201222—⃃ 72M⃃ 2,776,250⃃ 1,573—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does Balqis Residence compare with Palm Jumeirah and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricBalqis ResidencePalm JumeirahDubai
Median sale price⃃ 4,950,000⃃ 5,900,000⃃ 1,420,000
Median price per sq ft⃃ 2,150⃃ 3,580⃃ 1,740
Price per sq ft YoY+4.2%+15.3%+6.4%
Sales241,258173,241
Gross rental yield5.17%3.14%4.44%

What are the latest registered sales in Balqis Residence?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
22/09/2026Balqis Residence 32 beds · Apartment2,070 sq ft⃃ 3,111,726⃃ 1,503Resale · Ready
10/09/2026Balqis Residence 22 beds · Apartment3,728 sq ft⃃ 6,222,800⃃ 1,669Resale · Ready
26/08/2026Balqis Residence 23 beds · Apartment2,367 sq ft⃃ 4,999,900⃃ 2,112Resale · Ready
14/05/2026Balqis Residence 13 beds · Apartment4,918 sq ft⃃ 16,825,000⃃ 3,421Resale · Ready
24/02/2026Balqis Residence 22 beds · Apartment3,728 sq ft⃃ 6,430,265⃃ 1,725Resale · Ready
18/02/2026Balqis Residence 13 beds · Apartment2,283 sq ft⃃ 5,850,000⃃ 2,562Resale · Ready
16/02/2026Balqis Residence 22 beds · Apartment2,267 sq ft⃃ 4,900,000⃃ 2,161Resale · Ready
05/02/2026Balqis Residence 16 beds · Apartment17,359 sq ft⃃ 34,000,000⃃ 1,959Resale · Ready
26/01/2026Balqis Residence - Beach Villas5 beds · Apartment13,913 sq ft⃃ 25,700,000⃃ 1,847Resale · Ready

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How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/balqis-residence
Balqis Residence Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/balqis-residence

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Balqis Residence?
The median property sale price in Balqis Residence was ⃃ 4,950,000 in the 12 months to 16 Oct 2026, from 24 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Balqis Residence?
The median price per square foot of Balqis Residence was ⃃ 2,150 in the 12 months to 16 Oct 2026, +4.2% compared with the same 12 months a year earlier.
How many properties were sold in Balqis Residence in the last 12 months?
24 sales worth ⃃ 223,133,261 were registered in Balqis Residence in the 12 months to 16 Oct 2026 (−20.0% year on year).
Are property prices in Balqis Residence going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of Balqis Residence changed +4.2%. In calendar year 2025 it was ⃃ 2,151 (+19.5% on 2024), and ⃃ 1,959 so far in 2026.
What is the rental yield in Balqis Residence?
The gross rental yield of Balqis Residence is 5.17% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 256,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/balqis-residence