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Balqis Residence - Garden Villas

A 4+ bed in Balqis Residence - Garden Villas costs a median AED 21.25M and rents long-let for AED 442,500/yr (2.33% gross) — -2.9 pts vs Palm Jumeirah's 5.22% and -4.7 pts vs Dubai's 6.98% — from 4 sales and 22 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 4+ bed
1 in 12 months
Rental contracts · 4+ bed
8 in 12 months
Buy
21.25MAED
AED 1,809/sqft
Long-let
442,500AED
AED 109/sqft · 2.33%

Priced off the last 5 sales — most recent December 2025.

Yield spread
-2.9 pts
vs the Palm Jumeirah median for this unit type
Turnover upside
-4.8%
new tenants pay less than sitting ones — 18 renewals
AED/yr/sqft
AED 109
Sales
4
Rental contracts
22
Renewal rent
AED 465,000/yr
12 months
+49.1%
3 years
+80.8%+21.8%/yr

Based on 4 sales and 22 rental contracts in the last 24 months. Rental data covers the whole Balqis Residence project, not this tower alone. Thin sample — treat these figures as indicative.

Balqis Residence - Garden Villas is an apartment building in Palm Jumeirah, Dubai, one of the towers in the Balqis Residence development. The closest metro station is Mina Seyahi, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2019 to 2025, 58 registered sales in all — the 4 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
4+ bedAED 442,5001092.33%
-2.9 pts
22

Deltas compare each yield with the Palm Jumeirah median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
Mina Seyahi
Mall
Marina Mall
Landmark
Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Balqis Residence, on the same figures over the same window.

Common questions

What is the rental yield in Balqis Residence - Garden Villas?
Balqis Residence - Garden Villas returns 2.33% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 22 rental contracts registered in the last 24 months.
How much does a 4+ bedroom in Balqis Residence - Garden Villas cost?
The median registered sale price is AED 21.25M (1,809 AED/sqft), from 4 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Balqis Residence - Garden Villas risen or fallen?
Median price per square foot moved +20.4% over the last 12 months against the 12 before it, on 4 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Balqis Residence - Garden Villas compare with Palm Jumeirah?
Its 2.33% gross yield sits -2.9 pts against the Palm Jumeirah median of 5.22%, computed at the same bedroom grain over the same 24-month window.
Do new tenants in Balqis Residence - Garden Villas pay more than sitting ones?
A new tenant pays -4.8% against a renewing one, across 18 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Balqis Residence - Garden Villas rental record

Record type
Building-level property market record
Data date
Evidence base
22 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/palm-jumeirah/balqis-residence-garden-villas
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Balqis Residence - Garden Villas rents and yield.” Palm Jumeirah, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/palm-jumeirah/balqis-residence-garden-villas.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.