Building · Balqis Residence, Palm Jumeirah · Sale prices

Balqis Residence 2 Property Prices 2026

The median property sale price in Balqis Residence 2 was ⃃ 4,700,000 in the 12 months to 16 Oct 2026, based on 9 registered sales — 4.6% lower than the same 12 months a year earlier. The median price per square foot was ⃃ 2,160 (+4.1% year on year). That is 231% 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: 9 salesUpdated: 18 Oct 2026
Median sale price
⃃ 4,700,000
−4.6% YoY
9 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 2,160
+4.1% YoY
9 sales · the 12 months to 16 Oct 2026
Registered sales
9
−30.8% YoY
worth ⃃ 44.45M · the 12 months to 16 Oct 2026
Gross rental yield
4.89%
median rent ⃃ 230,000/yr · yield details

What are the key price figures for Balqis Residence 2?

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⃃ 4,700,00012 months to 16 Oct 20269 sales; −4.6% vs the same 12 months a year earlier
Median price per sq ft⃃ 2,16012 months to 16 Oct 20269 sales; +4.1% vs the same 12 months a year earlier
Number of sales912 months to 16 Oct 2026−30.8% vs the same 12 months a year earlier
Total sales value⃃ 44,452,96512 months to 16 Oct 2026−58.1% vs the same 12 months a year earlier
Lowest / highest sale⃃ 3.85M – ⃃ 6.43M12 months to 16 Oct 2026single registered sales (not typical prices)
Median annual rent⃃ 230,00012 months to 16 Oct 202654 units currently rented
Gross rental yield4.89%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 record277current8 sold in the 12 months to 16 Oct 2026 (2.9% of stock)
Units available for sale48currentactive listings matched to units
Developer (primary) median price⃃ 3,782,000all time160 developer sales; ⃃ 1,740 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 2?

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⃃ 4,700,000−4.6%⃃ 2,16094.89%

How have property prices in Balqis Residence 2 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 2 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
201251,209
2013221,727
201441,673
201531,872
201661,619
20196878
202013862
202130970
2022221,447
2023211,509
2024211,825
2025142,223
2026 YTD41,919
Registered sales and median price per sq ft by year, Balqis Residence 2. 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)4part year⃃ 22.55M⃃ 5,611,350⃃ 1,919−13.7%
202514−33.3%⃃ 108.16M⃃ 4,500,000⃃ 2,223+21.8%
2024210.0%⃃ 111.52M⃃ 4,100,000⃃ 1,825+21.0%
202321−4.5%⃃ 77.66M⃃ 3,850,000⃃ 1,509+4.3%
202222−26.7%⃃ 104.07M⃃ 3,690,000⃃ 1,447+49.2%
202130+130.8%⃃ 89.78M⃃ 2,025,000⃃ 970+12.5%
202013+116.7%⃃ 29.95M⃃ 2,042,000⃃ 862−1.9%
201960.0%⃃ 13.32M⃃ 1,775,000⃃ 878−45.7%
20166+100.0%⃃ 21.2M⃃ 3,550,000⃃ 1,619−13.5%
20153−25.0%⃃ 13.5M⃃ 4,480,000⃃ 1,872+11.9%
20144−81.8%⃃ 15.58M⃃ 3,917,953⃃ 1,673−3.1%
201322+340.0%⃃ 98.3M⃃ 3,850,000⃃ 1,727+42.8%
20125—⃃ 15.63M⃃ 2,750,000⃃ 1,209—

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

How does Balqis Residence 2 compare with Dubai?

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

MetricBalqis Residence 2Dubai
Median sale price⃃ 4,700,000⃃ 1,420,000
Median price per sq ft⃃ 2,160⃃ 1,740
Price per sq ft YoY+4.1%+6.4%
Sales9173,241
Gross rental yield4.89%4.44%

What are the latest registered sales in Balqis Residence 2?

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

DatePropertyTypeSizePricePer sq ftMarket
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
24/02/2026Balqis Residence 22 beds · Apartment3,728 sq ft⃃ 6,430,265⃃ 1,725Resale · Ready
16/02/2026Balqis Residence 22 beds · Apartment2,267 sq ft⃃ 4,900,000⃃ 2,161Resale · Ready

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Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

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-2
Balqis Residence 2 Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/balqis-residence-2

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 2?
The median property sale price in Balqis Residence 2 was ⃃ 4,700,000 in the 12 months to 16 Oct 2026, from 9 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 2?
The median price per square foot of Balqis Residence 2 was ⃃ 2,160 in the 12 months to 16 Oct 2026, +4.1% compared with the same 12 months a year earlier.
How many properties were sold in Balqis Residence 2 in the last 12 months?
9 sales worth ⃃ 44,452,965 were registered in Balqis Residence 2 in the 12 months to 16 Oct 2026 (−30.8% year on year).
Are property prices in Balqis Residence 2 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of Balqis Residence 2 changed +4.1%. In calendar year 2025 it was ⃃ 2,223 (+21.8% on 2024), and ⃃ 1,919 so far in 2026.
What is the rental yield in Balqis Residence 2?
The gross rental yield of Balqis Residence 2 is 4.89% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 230,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/balqis-residence-2