Area view, not a building-specific photograph
Balqis Residence 1, Dubai
Homes sold for a median AED 1,581 per sq ft. There were 34 sales in the last 5 years.
Mostly ready sales in Palm Jumeirah. One of the 3 buildings of Balqis Residence. A typical 2-bedroom home sold for AED 3,250,000.
Get a price for Balqis Residence 1- Median sold price
- AED 1,581
- Per sq ft, 5 years to 5 Oct 2026
- Last sale
- 6 Feb 2026
- Registered sales
- 34
- 5 years
- Lowest recent sale
- AED 3,750,000
- Recent sales shown below
- Typical price
- 2BRAED 3.25M3BRAED 8.1M4BRAED 8.97M
- Rounded registered medians, the last 5 years to 5 Oct 2026
Price per sq ft over five years
Median sold price in each 12-month period to the month shown. Gaps mean fewer than 3 sales that year.
Balqis Residence 12,722Last recorded: 12 months to Oct 2026
Palm Jumeirah median2,872Last recorded: 12 months to Oct 2026
Exact registered values are available in the data table below.
View chart data
| Period | Balqis Residence 1 | Palm Jumeirah median |
|---|---|---|
| 12 months to Oct 2022 | 1,352 | 2,100 |
| 12 months to Oct 2023 | 1,302 | 2,984 |
| 12 months to Oct 2024 | 2,132 | 2,288 |
| 12 months to Oct 2025 | 2,001 | 2,626 |
| 12 months to Oct 2026 | 2,722 | 2,872 |
Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.
The chart compares the same rolling annual periods. A percentage discount is withheld when the building and area aggregate medians use different sale windows.
By number of bedrooms
Compare the median price paid for each home size.
| Home | Sales | Median price, rounded | Size, sq ft | AED per sq ft | Area rent a year | Rent-to-price comparison |
|---|---|---|---|---|---|---|
| 2 bedrooms | 13 | AED 3.25M | 1,971 | 1,649 | AED 205,000 | – |
| 3 bedrooms | 11 | AED 8.1M | 4,918 | 1,647 | AED 290,000 | – |
| 4 bedrooms | 6 | AED 8.97M | 3,361 | 2,670 | AED 600,000 | – |
| 5+ bedrooms | 4 | AED 18.8M | 14,403 | 1,305 | – | – |
Source: Land Department open data. Sale medians cover the last 5 years, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Palm Jumeirah.
The sale medians cover five years. Area rent is separate context; no yield is calculated against these historical sale medians.
Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.
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Registered sales in the historical sample
Compare the recorded prices, sizes and dates of the Balqis Residence 1 sales shown below.
| 2026-02-06 | 5+ bedrooms | Ready | 17,359 | 34,000,000 | 1,959 |
| 2025-11-25 | 2 bedrooms | Ready | 2,098 | 6,500,000 | 3,098 |
| 2025-11-12 | 4 bedrooms | Ready | 3,361 | 9,150,000 | 2,722 |
| 2025-06-04 | 3 bedrooms | Ready | 5,225 | 16,850,000 | 3,225 |
| 2025-04-22 | 2 bedrooms | Ready | 2,008 | 3,750,000 | 1,868 |
| 2025-04-17 | 4 bedrooms | Ready | 3,360 | 8,800,000 | 2,619 |
| 2025-04-14 | 3 bedrooms | Ready | 4,283 | 4,000,000below marketRegistered price far below this building's median; may be a share transfer or non-market deal. | 934 |
| 2025-02-18 | 2 bedrooms | Ready | 1,837 | 3,850,000 | 2,096 |
These are the supplied filtered historical sale records, through 5 Oct 2026. The price-range table below uses these records only.
Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.
The supplied sale records have fewer than five valid records per home size, so no home-size price range is shown.
Check costs with your current quote
The sale prices above are five-year medians. Enter your current purchase price and expected rent in the calculator before comparing costs or yield.
Other buildings in Balqis Residence
Compare registered prices and sales, busiest first.
Location: Palm Jumeirah
This map marks the parent area. It does not show the entrance or exact building position.
Questions people ask
These answers explain the prices and registered sales shown for Balqis Residence 1.
What is the price per sq ft in Balqis Residence 1?
The median sold price was AED 1,581 per sq ft. There were 34 sales over the last 5 years to 5 Oct 2026. The last sale was on 6 Feb 2026.
How much does a 2-bedroom home in Balqis Residence 1 cost?
The median price for a 2-bedroom home was AED 3,250,000. The median size was about 1,971 sq ft. This covers 13 sales in the last 5 years.
What rent does a 2-bedroom home near Balqis Residence 1 get?
The median rent for that home size in Palm Jumeirah was AED 205,000 a year. The publisher sample has 1,617 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. No yield is calculated against the historical five-year sale median.
Sources
Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.