Dubai project data
BALQIS RESIDENCE: rents and rent contracts
بلقيس ريزيدنس
Registered sales and rent contracts for the project BALQIS RESIDENCE in Palm Jumeirah, from Dubai Land Department open data.
BALQIS RESIDENCE (Palm Jumeirah): 99 registered rent contracts in the 12 months to September 2026, median annual rent AED 260,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 5m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 260,000
- Gross rental yield
- under 30 sales (20)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in BALQIS RESIDENCE
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 25 | AED 2,147 per sq ft | 1,725 – 2,392 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in BALQIS RESIDENCE
- Median annual rent per sq ft
- AED 106 per sq ft
- Gross rental yield
- under 30 sales (20)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 20 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in BALQIS RESIDENCE
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| 2 bedrooms | 10 | AED 2,162 per sq ft | AED 210,000 | under 30 sales (10) |
| 3 bedrooms | 4 | AED 2,541 per sq ft | AED 289,000 | under 30 sales (4) |
| 4 bedrooms | under 3 | under 3 | AED 370,000 | under 3 sales |
| 5 bedrooms or more | 5 | AED 1,959 per sq ft | AED 550,000 | under 30 sales (5) |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in BALQIS RESIDENCE
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | 3 | AED 2,077 per sq ft | 11 |
| Nov 2024 | under 3 | under 3 | 9 |
| Dec 2024 | 3 | AED 2,059 per sq ft | 7 |
| Jan 2025 | under 3 | under 3 | 8 |
| Feb 2025 | under 3 | under 3 | 10 |
| Mar 2025 | under 3 | under 3 | 4 |
| Apr 2025 | 6 | AED 1,755 per sq ft | 14 |
| May 2025 | under 3 | under 3 | 10 |
| Jun 2025 | 4 | AED 2,154 per sq ft | 13 |
| Jul 2025 | 3 | AED 2,514 per sq ft | 7 |
| Aug 2025 | under 3 | under 3 | 10 |
| Sep 2025 | under 3 | under 3 | 5 |
| Oct 2025 | 5 | AED 2,147 per sq ft | 11 |
| Nov 2025 | 9 | AED 2,368 per sq ft | 8 |
| Dec 2025 | under 3 | under 3 | 9 |
| Jan 2026 | under 3 | under 3 | 7 |
| Feb 2026 | 4 | AED 1,959 per sq ft | 7 |
| Mar 2026 | under 3 | under 3 | 7 |
| Apr 2026 | under 3 | under 3 | 11 |
| May 2026 | under 3 | under 3 | 6 |
| Jun 2026 | under 3 | under 3 | 7 |
| Jul 2026 | under 3 | under 3 | 7 |
| Aug 2026 | under 3 | under 3 | 13 |
| Sep 2026 | under 3 | under 3 | 6 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2009 | 159 | AED 1,825 per sq ft |
| 2010 | 3 | AED 1,671 per sq ft |
| 2011 | 6 | AED 1,741 per sq ft |
| 2012 | 22 | AED 1,562 per sq ft |
| 2013 | 45 | AED 1,746 per sq ft |
| 2014 | 13 | AED 1,875 per sq ft |
| 2015 | 5 | AED 1,750 per sq ft |
| 2016 | 13 | AED 1,792 per sq ft |
| 2019 | 14 | AED 919 per sq ft |
| 2020 | 29 | AED 987 per sq ft |
| 2021 | 61 | AED 1,096 per sq ft |
| 2022 | 87 | AED 1,559 per sq ft |
| 2023 | 66 | AED 1,799 per sq ft |
| 2024 | 47 | AED 1,800 per sq ft |
| 2025 | 38 | AED 2,147 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
BALQIS RESIDENCE is a project in the DLD area Palm Jumeirah.
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Palm Jumeirah
- TIARA RESIDENCE 354 registered transactions and rent contracts in 12 months.
- AZURE RESIDENCE 87 registered transactions and rent contracts in 12 months.
- MARINA RESIDENCE 79 registered transactions and rent contracts in 12 months.
- GRANDEUR RESIDENCES 77 registered transactions and rent contracts in 12 months.
- THE 8 71 registered transactions and rent contracts in 12 months.
- Seven Hotel and Apartments The Palm 63 registered transactions and rent contracts in 12 months.
Questions about BALQIS RESIDENCE
- How many sales were registered in BALQIS RESIDENCE?
- 25 sales were registered in BALQIS RESIDENCE in Oct 2025 – Sep 2026.
- What is the median price per sq ft in BALQIS RESIDENCE?
- The median price of registered sales in BALQIS RESIDENCE was AED 2,147 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in BALQIS RESIDENCE?
- The median annual rent of registered rent contracts in BALQIS RESIDENCE was AED 260,000 in Oct 2025 – Sep 2026.
- Which DLD area is BALQIS RESIDENCE in?
- BALQIS RESIDENCE is registered in the Dubai Land Department area Palm Jumeirah.
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae