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BALQIS RESIDENCE, Palm Jumeirah: rental yield, prices & rents

In the 24 months to 5 October 2026, DLD registered 45 sales and 200 rent contracts in BALQIS RESIDENCE, Palm Jumeirah. A 2-bed apartment sold for a median AED 4.30M and rented for AED 215K a year: a gross yield of 5.0%. The Palm Jumeirah median for the same home type is 3.3% (last 12 months).

See every BALQIS RESIDENCE sale and rental in the explorer →

Prices and yields by home type

Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.

Home typeMedian priceAED / sq ftGross yieldSales
2-bed apartmentAED 4.30M2,1475.0%21
3-bed apartmentAED 6.18M2,5414.7%9
4-bed apartmentAED 9.15M2,5144.3%5
5-bed apartmentAED 27.00M1,9372.6%10

Rent guide: what tenants pay in BALQIS RESIDENCE

The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.

Home typeTypical rent / yearPer monthMost payNew leaseRenewalContracts
2-bed apartmentAED 215KAED 18KAED 200K – AED 240KAED 220KAED 210K80
3-bed apartmentAED 292KAED 24KAED 248K – AED 326KAED 297KAED 278K76
4-bed apartmentAED 390KAED 32KAED 370K – AED 450KAED 380KAED 450K24
5-bed apartmentAED 695KAED 58KAED 484K – AED 1.10MAED 595KAED 925K20

Price and rent trend

Median sale price per sq ft (AED), by month
1,7502,0002,2502,5002,750Dec 2024Jul 2025Feb 2026 2,060Dec 2024: AED 2,059 per sq ftApr 2025: AED 1,868 per sq ftJun 2025: AED 2,219 per sq ftJul 2025: AED 2,514 per sq ftOct 2025: AED 2,147 per sq ftNov 2025: AED 2,541 per sq ftFeb 2026: AED 2,060 per sq ft
Show as table
MonthAED per sq ft
Dec 20242,059
Apr 20251,868
Jun 20252,219
Jul 20252,514
Oct 20252,147
Nov 20252,541
Feb 20262,060
Median annual rent per sq ft (AED), by month
80100120140Oct 2024Oct 2025Sep 2026 106Oct 2024: AED 110 per sq ft / yearNov 2024: AED 106 per sq ft / yearDec 2024: AED 102 per sq ft / yearJan 2025: AED 105 per sq ft / yearFeb 2025: AED 116 per sq ft / yearMar 2025: AED 117 per sq ft / yearApr 2025: AED 110 per sq ft / yearMay 2025: AED 108 per sq ft / yearJun 2025: AED 109 per sq ft / yearJul 2025: AED 102 per sq ft / yearAug 2025: AED 111 per sq ft / yearSep 2025: AED 106 per sq ft / yearOct 2025: AED 100 per sq ft / yearNov 2025: AED 109 per sq ft / yearDec 2025: AED 127 per sq ft / yearJan 2026: AED 106 per sq ft / yearFeb 2026: AED 119 per sq ft / yearMar 2026: AED 86 per sq ft / yearApr 2026: AED 92 per sq ft / yearMay 2026: AED 87 per sq ft / yearJun 2026: AED 102 per sq ft / yearJul 2026: AED 107 per sq ft / yearAug 2026: AED 110 per sq ft / yearSep 2026: AED 106 per sq ft / year
Show as table
MonthAED per sq ft / year
Oct 2024110
Nov 2024106
Dec 2024102
Jan 2025105
Feb 2025116
Mar 2025117
Apr 2025110
May 2025108
Jun 2025109
Jul 2025102
Aug 2025111
Sep 2025106
Oct 2025100
Nov 2025109
Dec 2025127
Jan 2026106
Feb 2026119
Mar 202686
Apr 202692
May 202687
Jun 2026102
Jul 2026107
Aug 2026110
Sep 2026106

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Quick answers

What is the rental yield in BALQIS RESIDENCE?

The median gross rental yield for a 2-bed apartment in BALQIS RESIDENCE, Palm Jumeirah is 5.0%, based on DLD records for the 24 months to 5 October 2026.

How much does a 2-bed apartment in BALQIS RESIDENCE cost?

The median sale price was AED 4.30M (AED 2,147 per sq ft) in the 24 months to 5 October 2026.