Balqis Residence Block BCompletedAED 2,137 per sq ft resale, 24 sales in Balqis Residence (5 towers)
Sales alert
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Photo of Balqis Residence Block B
Photo: Madlene Hauser, Google Maps
Mid-range residential tower, with 101 resales and 10 off-plan sales since 2020

Balqis Residence Block B, Palm Jumeirah

A resale 2-bed in Balqis Residence (5 towers) sells for about AED 4.55m

Figures for Balqis Residence (5 towers): median of 11 resale 2-bed sales in the 12 months to 23 Oct 2026, from Land Department records (24 resale sales of all sizes). Last sale in the tower: 10 Sep 2026.

The market says
In Balqis Residence (5 towers): 24 resales of all sizes in the 12 months to 23 Oct 2026 at AED 2,137 per sq ft; owners who sold gained 20.3% a year and 19% sold at a loss; 10 homes for sale now.
James Paul Booth
The agent's view
“Owners who sold in Balqis Residence Block B made 20.3% a year, and 19% of them sold at a loss. A 2-bed gives a gross yield of about 2.0% on the median signed Ejari rent for a 2-bed in Palm Jumeirah (AED 90,000 a year), against the median sold price. That is a steady record. I would buy for rent and a long hold, not for a quick resale.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page

James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.

Asking now, 2-bed
AED 5,500,000 (7 listings)
Asking now, 3-bed
AED 12,000,000 (3 listings)
Signed rent, 2-bed
AED 90,000 a year (community median, 801 signed Ejari leases, 12 months) · gross yield 2.0% (signed rent)
Asking rent, 2-bed
AED 205,000 a year (7 listings)
Official record
265 registered sales since 2009: 252 apartment, 12 shop, 1 gymnasium
82 units with a sale on record since 2020.
24sales in Balqis Residence (5 towers) in the 12 months to 23 Oct 2026: 24 resale
10for sale now
5 monthsTime to sell: the homes now listed, at the last year's pace
AIWritten by Dalia, an AI data analyst. Human reviewer: James Wilkes Booth, broker licence S345673-JB2 (review of this page pending). Data to 22 Oct 2026. Built 26 Oct 2026.

Balqis Residence Block B on the map

Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.

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3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 23 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A sold median needs 10 sales, an advert median 3 adverts.

Figures for Balqis Residence (5 towers). This building is not shown on its own in the Land Department record, so the figures on this page are for every home sale in that project.

TypeResale: soldResale: per sq ftMedian askingRent a year
2-bedAED 4,550,000 (11)2,162AED 5,500,000 (7)AED 205,000 (7)
3-bed– (under 10)–AED 12,000,000 (3)AED 429,999 (3)

Sold prices: Land Department sale records to 23 Oct 2026, BUY DUBAI facts cube. Asking and rent are adverts, not contracts.

Sales we leave out of every median, count and chart (17 of 111 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (5); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (12). They stay in the list below with a label.

Too few resale sales to state a yearly change

Median AED 2,137 per sq ft in the 12 months to 23 Oct 2026 (24 resale sales). A like-for-like yearly change needs at least 10 sales of the same bed size in each of the two 12-month periods.

Figures for Balqis Residence (5 towers). This building is not shown on its own in the Land Department record, so the figures on this page are for every home sale in that project.

2024-Q1: AED 1,648 per sq ft, 16 sales1,64824 Q12024-Q2: AED 1,846 per sq ft, 14 sales1,84624 Q224 Q324 Q425 Q12025-Q2: AED 2,094 per sq ft, 11 sales2,09425 Q225 Q32025-Q4: AED 2,223 per sq ft, 16 sales2,22325 Q416 sales1614 sales140 sales00 sales00 sales011 sales110 sales016 sales16Median AED per sq ftNumber of sales

Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most; Land Department records, quarters with 10 or more sales.

What owners made: +20.3% a year, 19% sold at a loss

16 owners bought a home in Balqis Residence Block B and sold it again as a completed home 6 months or more later. Half of them held it for 2.1 years or more. A gain is the change in the price for each year held, before fees, service charge and rent.

+20.3%median gain a year. apartments in Dubai +10.9%
19%sold at or below the price paid. apartments in Dubai 12%
8.8points a year above homes in Dubai that were resold over the same months

By unit type, and bought off-plan or completed

Unit typeGain a yearSold at a lossOwners
2-bed+26.9%0%8
3-bed+21.2%20%5
Bought asGain a yearSold at a lossOwners
Completed+19.4%15%13

Round trips: the same unit number sold twice, bulk transfers and same-price transfers out, 5 or more owners for each line. Only owners who sold are counted: an owner who waits for a better price is not here. An owner who bought off-plan paid in stages, so the gain on the cash paid in is higher than the gain on the price. Dubai figures: 55,901 round trips by the same rule, all areas, to 22 Oct 2026.

Every sale since 2020: 111 sales of 82 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

UnitTypeSq ftPriceAED per sq ftDateMarketAgainst the sale before
1062-bed3,728AED 6,222,8001,66910 Sep 2026Resale-3% from AED 6.43m in 2026 size does not fit the recorded type
7043-bed2,367AED 4,999,9002,11326 Aug 2026Resale
1062-bed3,728AED 6,430,2651,72524 Feb 2026Resale+28% from AED 5.04m in 2024 size does not fit the recorded type
2142-bed2,267AED 4,900,0002,16216 Feb 2026Resale
7102-bed1,965AED 4,700,0002,3924 Dec 2025Resale
4112-bed1,922AED 4,550,0002,36827 Nov 2025Resale
4142-bed2,002AED 4,450,0002,22331 Oct 2025Resale+56% from AED 2.85m in 2022
2112-bed2,180AED 3,850,0001,76627 Oct 2025Resale
6062-bed1,957AED 4,350,0002,22327 Oct 2025Resale
2025-bed10,179AED 12,000,0121,17916 Oct 2025Resale
10132-bed1,930AED 4,300,0002,22829 Sep 2025Resale
3062-bed2,409AED 4,300,0001,7852 Sep 2025Resale
11044-bed7,360AED 18,500,0002,51421 Jul 2025Resale
11015-bed15,685AED 28,500,0001,81717 Jul 2025Resale+100% from AED 14.25m in 2021
11034-bed6,805AED 5,000,00073520 Jun 2025Resale-2% from AED 5.12m in 2023
8022-bed1,977AED 4,260,0002,1543 Jun 2025Resale
8152-bed1,926AED 4,400,0002,2852 Jun 2025Resale
9022-bed1,978AED 5,000,0002,52816 Apr 2025Resale+170% from AED 1.85m in 2021
7123-bed2,392AED 4,925,0002,05916 Dec 2024Resale
4123-bed2,411AED 7,050,0002,92412 Dec 2024Resale+60% from AED 4.40m in 2024
9062-bed1,966AED 3,800,0001,93312 Dec 2024Resale+23% from AED 3.08m in 2023
6142-bed1,950AED 4,050,0002,07721 Oct 2024Resale
2133-bed2,938AED 4,950,0001,6859 Sep 2024Resale+25% from AED 3.95m in 2022
9132-bed1,929AED 4,100,0002,12615 Jul 2024Resale+122% from AED 1.85m in 2021
2073-bed7,759AED 14,550,0001,87510 Jun 2024Resale+60% from AED 9.09m in 2023 size does not fit the recorded type
7092-bed2,151AED 3,750,0001,7435 Jun 2024Resale
7072-bed1,965AED 3,650,0001,85824 May 2024Resale
10123-bed6,709AED 17,500,0002,60817 May 2024Resale+110% from AED 8.33m in 2021 size does not fit the recorded type
10143-bed2,369AED 5,150,0002,17419 Apr 2024Resale+23% from AED 4.20m in 2022
7142-bed1,948AED 3,475,0001,7844 Apr 2024Resale+16% from AED 3.00m in 2022
8062-bed1,887AED 3,430,0001,8181 Apr 2024Resale
4123-bed2,411AED 4,400,0001,82527 Mar 2024Resale+132% from AED 1.90m in 2020
10013-bed2,368AED 4,200,0001,77412 Mar 2024Resale
6013-bed2,514AED 4,600,0001,83028 Feb 2024Resale
4032-bed2,094AED 3,500,0001,6715 Feb 2024Resale
3082-bed2,092AED 3,050,0001,4585 Feb 2024Resale
1062-bed3,728AED 5,041,0001,3525 Jan 2024Resale size does not fit the recorded type
8163-bed2,508AED 4,950,0001,97328 Nov 2023Resale
9043-bed2,366AED 4,950,0002,09222 Nov 2023Resale
11034-bed6,805AED 5,119,6267521 Nov 2023Resale-49% from AED 10.00m in 2022
3052-bed2,112AED 3,400,0001,61022 Sep 2023Resale
1022-bed3,853AED 4,413,4621,14615 Jun 2023Resale size does not fit the recorded type
5043-bed2,366AED 3,850,0001,62725 May 2023Resale
6133-bed2,933AED 4,600,0001,56918 May 2023Resale
6123-bed2,392AED 4,125,0001,72416 May 2023Resale
7053-bed2,365AED 4,500,0001,90319 Apr 2023Resale
8123-bed2,392AED 4,050,0001,69312 Apr 2023Resale+84% from AED 2.20m in 2020
2073-bed7,759AED 9,087,8271,17122 Mar 2023Resale size does not fit the recorded type
2102-bed2,213AED 2,830,0001,27914 Mar 2023Resale
10072-bed1,886AED 2,900,0001,53713 Mar 2023Resale
11024-bed6,894AED 10,400,0001,5099 Mar 2023Resale
9062-bed1,966AED 3,085,0001,56916 Feb 2023Resale+106% from AED 1.50m in 2021
8092-bed2,149AED 3,200,0001,48913 Feb 2023Resale+98% from AED 1.62m in 2020
3013-bed2,817AED 2,100,00074511 Jan 2023Resale
2133-bed2,938AED 3,952,2001,34529 Nov 2022Resale bulk transfer
2123-bed2,569AED 3,237,0801,26029 Nov 2022Resale bulk transfer
2044-bed8,702AED 10,542,2801,21129 Nov 2022Resale bulk transfer
2054-bed8,460AED 10,736,0401,26929 Nov 2022Resale bulk transfer
1033-bed4,343AED 4,719,6801,08728 Nov 2022Resale bulk transfer
10113-bed2,393AED 4,100,0001,71321 Oct 2022Resale+33% from AED 3.08m in 2022
10143-bed2,369AED 4,200,0001,77323 Sep 2022Resale-12% from AED 4.78m in 2020
2013-bed3,047AED 5,700,0001,8715 Sep 2022Resale+128% from AED 2.50m in 2021
6032-bed2,004AED 3,100,0001,54725 Aug 2022Resale+38% from AED 2.25m in 2021
7142-bed1,948AED 3,000,0001,5404 Jul 2022Resale
7032-bed2,005AED 3,730,0001,86127 Jun 2022Resale+36% from AED 2.75m in 2021
11034-bed6,805AED 10,000,0001,47027 Jun 2022Resale
9123-bed2,885AED 3,950,0001,36910 Jun 2022Resale
3042-bed2,184AED 2,646,5761,21210 Jun 2022Resale
10113-bed2,393AED 3,076,6521,2862 Jun 2022Resale
4142-bed2,002AED 2,850,0001,42431 May 2022Resale
8112-bed1,924AED 3,000,0001,55926 Apr 2022Resale
4022-bed2,129AED 1,437,50067520 Apr 2022Resale
8043-bed2,366AED 3,650,0001,54311 Apr 2022Resale
3132-bed2,167AED 2,765,0001,2768 Mar 2022Resale
10043-bed2,366AED 2,900,0001,22527 Dec 2021Resale
6152-bed1,929AED 2,750,0001,42612 Dec 2021Resale+49% from AED 1.85m in 2021
7032-bed2,005AED 2,750,0001,37215 Nov 2021Resale
2063-bed8,686AED 8,516,46998131 Oct 2021Resale+74% from AED 4.90m in 2021 size does not fit the recorded type
11015-bed15,685AED 14,250,00090917 Aug 2021Resale
6152-bed1,929AED 1,850,00095915 Aug 2021Resale
10062-bed1,965AED 2,525,0001,28528 Jul 2021Resale+34% from AED 1.88m in 2021
8072-bed1,966AED 2,200,0001,11918 Jul 2021Resale
6112-bed1,924AED 2,600,0001,35121 Jun 2021Resale
10062-bed1,965AED 1,880,00095715 Jun 2021Resale
6032-bed2,004AED 2,250,0001,12326 May 2021Resale
2152-bed2,220AED 1,800,00081125 May 2021Resale
10123-bed6,709AED 8,330,0001,24220 May 2021Resale size does not fit the recorded type
1043-bed4,511AED 2,750,00061018 May 2021Resale size does not fit the recorded type
7082-bed2,132AED 1,740,00081621 Apr 2021Resale
2063-bed8,686AED 4,900,00056417 Mar 2021Resale size does not fit the recorded type
2013-bed3,047AED 2,500,0008208 Mar 2021Resale
9022-bed1,978AED 1,850,0009363 Mar 2021Resale
8082-bed2,134AED 875,0004103 Mar 2021Resale
3033-bed2,357AED 2,170,00092124 Feb 2021Resale
9132-bed1,929AED 1,850,00095924 Feb 2021Resale
10092-bed1,967AED 1,600,0008132 Feb 2021Resale
9062-bed1,966AED 1,500,0007632 Feb 2021Resale-41% from AED 2.54m in 2020
9052-bed1,886AED 1,570,00083213 Jan 2021Resale
8092-bed2,149AED 1,616,00075213 Dec 2020Resale
10102-bed1,925AED 2,000,0001,03930 Nov 2020Resale
3113-bed2,970AED 1,700,00057224 Nov 2020Resale
4123-bed2,411AED 1,900,00078830 Aug 2020Off-plan
9143-bed2,369AED 2,042,00086230 Aug 2020Off-plan
7163-bed2,511AED 2,050,00081619 Jul 2020Off-plan, sold again+14% from AED 1.80m in 2020
8053-bed2,366AED 2,150,00090915 Jul 2020Off-plan
7163-bed2,511AED 1,800,0007179 Jul 2020Off-plan
1052-bed3,752AED 3,728,9209946 Jul 2020Off-plan size does not fit the recorded type
9062-bed1,966AED 2,537,6401,2916 Jul 2020Off-plan
10143-bed2,369AED 4,775,0002,0165 Jul 2020Off-plan
8032-bed2,003AED 1,450,00072416 Apr 2020Off-plan
8123-bed2,392AED 2,200,0009206 Feb 2020Off-plan

Sellers ask 26% more than buyers paid

10 homes are for sale in Balqis Residence Block B. The median advert asks 26% more per sq ft than the median resale sale of the same type in the last 12 months. 0 of 7 adverts ask the sold level or less. The median advert has been listed for 3 days; the oldest for 7 days.

TypeFor saleMedian askingAsking per sq ftSold per sq ft (sales)Asking over soldMedian time listed
2-bed7AED 5,500,0002,7982,223 (6)+26%3 days
3-bed3AED 12,000,0001,382too few sales–7 days

How long the adverts have been listed

30 days or less10
31 to 90 days0
91 to 180 days0
More than 180 days0

Each home for sale, closest to sold prices first

TypeSq ftAskingPer sq ftAgainst soldDays listedNotes
2-bed2,220AED 5,499,9992,477+11%3furnished
2-bed1,956AED 4,950,0002,531+14%3furnished
2-bed2,167AED 5,750,0002,653+19%0
2-bed1,930AED 5,400,0002,798+26%0
2-bed1,930AED 5,500,0002,850+28%6
2-bed1,979AED 5,650,0002,855+28%0
2-bed1,926AED 6,950,0003,609+62%3furnished
3-bed8,686AED 12,000,0001,382–7
3-bed8,686AED 12,000,0001,382–1
3-bed2,367AED 8,900,0003,760–7

Adverts: one reading on 7 Oct 2026. Sold prices: resale sales in this tower in the last 12 months, 5 or more of the type. An advert has no unit number, so we compare the price per sq ft with the type, not with the same unit. An asking price is not a sale price. Days listed is from the date on the advert: an agent can place a home again as a new advert, so the real time for sale can be longer. 1 adverts have the same type, size and price as another advert: they are probably the same home with a second agent. We cannot show price cuts over time or the time to sell yet: these need more than one reading.

Mortgage: what Balqis Residence Block B costs a month

The numbers start from the median sold price in this tower. Change any of them. The rate starts at 3.99%, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026. Fixed rates in those lists run from 3.75% to 4.69%. Three-month EIBOR, the base for variable rates, was 4.19% on 9 Oct 2026.

Monthly payment

Cash you need on day one

Buy against rent

Loan limits: Central Bank of the UAE mortgage rules (first home under AED 5 million: 80% for residents, 85% for UAE nationals; AED 5 million and above: 70% and 75%; second home or investment: 60% and 65%; off-plan: 50%; 25 years at most; all your debt payments at most 50% of your income). Banks set their own limit for buyers who do not live in the UAE. Assumptions, the same in every BUY DUBAI calculator: rate 3.99% a year, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026; repayment loan over 25 years; Land Department fee 4% of the price plus AED 580; trustee office AED 4,200 (AED 2,100 under AED 500,000); agent 2% plus 5% VAT; with a loan: mortgage registration 0.25% of the loan plus AED 290, bank fee 1% of the loan plus VAT (it differs by bank), valuation AED 3,150. Life cover, insurance and service charges are not included. This is an illustration, not an offer of a loan. Rates read on 9 Oct 2026.

Home loans registered on Balqis Residence Block B

Year2019202020212022202320242025
Loans281076107
Median loan–AED 1.68mAED 1.41mAED 2.38mAED 3.04mAED 3.07mAED 3.44m

Dubai Land Department register to 12 Feb 2026: mortgage and Islamic home finance registrations on homes in this tower. A loan can be for a purchase or to replace an older loan. Median shown for 3 or more loans.

The official record: 265 registered sales since 2009

Dubai Land Department register for "BALQIS RESIDENCE 2", 13 Aug 2009 to 12 Feb 2026: 252 apartment, 12 shop, 1 gymnasium sales, plus 69 mortgages and 35 gifts. This source has every year and every unit type, but no unit numbers.

YearApartments: salesAED per sq ftShops: salesAED per sq ft
2025142,223––
2024201,8271–
2023171,5694–
2022201,3972–
20212494651,347
202013832––
20196855––
201671,660––
20152–––
201441,673––
2013221,726––
201251,209––
201141,766––
20102–––
2009921,822––

Median AED per sq ft is shown for 3 or more sales in a year. 154 of these sales were off-plan and 111 were of completed units. What our unit list above does not have: the 12 office and shop sales (the unit list holds homes only); sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 108 sales and our unit list has 107.

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Which side faces what

The direction of each landmark from Balqis Residence Block B, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

SideWhat lies that way
NorthBalqis Residence Block C, a tower 129 m away · Wyndham Residences The Palm, a tower 129 m away
North-eastBalqis Residences Villas, a tower 68 m away · Jumeirah beach and the sea 16.0 km · Sheikh Zayed Road 17.3 km · Burj Khalifa 18.6 km · DIFC 19.8 km
EastBurj Al Arab and the sea 7.9 km · Meydan racecourse 19.5 km · Dubai Design District 20.3 km · Dubai Creek and Ras Al Khor 23.9 km
South-eastDubai Marina skyline 5.3 km
South-westBalqis Residence Block A, a tower 95 m away
WestBalqis Residences, a tower 19 m away
North-westKingdom of Sheba, a tower 52 m away

Around Balqis Residence Block B

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Balqis Residence Block B (this tower)–2,223 (7)
Kingdom of Sheba52 m– (1)
Balqis Residences Villas68 m– (2)
Balqis Residence Block A95 m2,722 (5)
Balqis Residence Block C129 m1,668 (7)
The 8185 m3,970 (20)
Orla Infinity250 m– (3)
Orla by Omniyat329 m– (3)
Balqis Residences-Garden Villas421 m– (0)

Drive times with no traffic

ToTimeDistance
Dubai Mall26 min25.3 km
DIFC Gate26 min26.1 km
DXB Terminal 352 min43.3 km
Dubai Marina Mall17 min10.9 km
Mall of the Emirates17 min12.3 km
Kite Beach22 min15.8 km
DWC airport46 min43.4 km

OSRM routing on OpenStreetMap roads. Real times in traffic are longer.

Own a unit here?

Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.

Method, sources and what we did not find

  • Sales: unit-level Dubai Land Department sale records, 6 Feb 2020 to 22 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
  • Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
  • Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., Resident and public material found on the open web (one passage per block; source and date under each)., live adverts: community guide), read by an AI model on 26 Oct 2026 with a fixed question list. A script checks that each answer names its source.
  • Nobody visited the tower. Every fact is from a document, a map or a resident's review.
  • Checked, not found for this tower: a Google Maps place, resident reviews, guides, a floor plan document, unit positions on a floor, the side and view of each unit, building facts, the developer, a licensed photo.

Corrections

Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.

Change log: 26 Oct 2026 first build of this page. No correction yet.

Other towers in Palm Jumeirah

Balqis Residence Block B is one of 100 buildings and building groups with a page in Palm Jumeirah. Developer: BALQIS RESIDENCE FZE, with 3 towers on BUY DUBAI. Towers of the same type and price band come first.

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