Balqis Residence - Garden Villas rents
- 53 new leases and 40 renewals in 12 months
- Palm Jumeirah
- near Mina Seyahi
A four-bed or larger here leases for about AED 370,000 a year, in line with the typical Palm Jumeirah four-bed or larger. Renewing tenants pay more than new ones: AED 450,000.
4+ bed · typical new lease
370,000AEDa year
AED 90/sqft · -14.9% on a year
- A month, roughly
- AED 30,833
- Renewal
- AED 450,000
- vs Palm Jumeirah 4+ bed
- In line with the median
- New leases, 12 months
- 11
What should a lease in Balqis Residence - Garden Villas cost?A four-bed or larger leases for about AED 370,000 a year; renewing tenants pay 21.6% more than new ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Palm Jumeirah median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A four-bed or larger here now costs 14.9% less than a year earlier: AED 370,000 against 435,000.
Chart data, 4+ bed: 2019, AED 185,000; latest, 2026, AED 370,000; peak, 2024, AED 480,000.
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
About Balqis Residence - Garden VillasAn apartment building in Palm Jumeirah
Balqis Residence - Garden Villas is an apartment building completed in 2019 in Palm Jumeirah. 93 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
Nearest, as registered
- Metro
- Mina Seyahi
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Letting a unit in Balqis Residence - Garden Villas?New tenants pay more than renewing ones
- New tenant vs renewal
- +15.6%
- New leases AED 275,000, renewals 237,959, all types
Ejari leases to 12 Oct 2026
Thinking of selling? Balqis Residence - Garden Villas sale prices →Comparables in Palm Jumeirah
Every Palm Jumeirah building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Balqis Residence - Garden Villas places 49th of 59; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Balqis Residence - Garden Villas.
At 4+ bed, Balqis Residence - Garden Villas ranks 10th of 20 by rent per square foot in Palm Jumeirah.
Market context in Palm Jumeirah
Registered sales activity
748 ready apartment sales in the 12 months to 2026-10-12.
+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.
Explore sales activityPlanned apartment projects
1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.
3 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.
Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.
New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Balqis Residence towers
5 towers in Balqis Residence, at the bedroom type above.
Ejari files Balqis Residence’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Palm Jumeirah: every development at this typePalm Jumeirah: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 4+ bed. A median needs 3 rows; a dash with a count means fewer.
Nearby in Palm Jumeirah
Prices per sq ft around Balqis Residence - Garden Villas, on the mapPrices per sq ft around Balqis Residence - Garden Villas, on the map
Balqis Residence 3
Palm Jumeirah · 53 contracts, 12 months
275,000
AED a year median · 107/sqft
Balqis Residence 1
Palm Jumeirah · 53 contracts, 12 months
275,000
AED a year median · 107/sqft
Balqis Residence 2
Palm Jumeirah · 53 contracts, 12 months
275,000
AED a year median · 107/sqft
Marina Apartments 2
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Ask about Balqis Residence - Garden Villas
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Common questions
- What is the registered annual rent for a 4+ bedroom in Balqis Residence - Garden Villas?
- The median new annual rent is AED 370,000, from 11 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Balqis Residence - Garden Villas risen or fallen?
- The median new annual rent changed -14.9% in the trailing 12 months against the previous 12, using 11 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Balqis Residence - Garden Villas pay more than sitting ones?
- A new tenant pays -17.8% against a renewing one, across 8 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in Balqis Residence - Garden Villas?
- 1 sale was registered with the Dubai Land Department in the last 12 months, alongside 11 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Balqis Residence - Garden Villas?
- Mina Seyahi, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.
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Balqis Residence - Garden Villas rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 11 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Balqis Residence - Garden Villas rents and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/palm-jumeirah/balqis-residence-garden-villas
Stable dataJSON