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Balqis Residence rent: what tenants really pay
Rent in Balqis Residence, Palm Jumeirah: 2-bed AED 217,500, 3-bed AED 310,000 a year. These are medians of 91 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 3-bed here is AED 109, against AED 120 across Palm Jumeirah. About 4 homes here are advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Balqis Residence: value at AED 109 a sq ft against the Palm Jumeirah median of 120. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about Balqis Residence
- Per sq ft, a 3-bed here costs 9% less than the Palm Jumeirah median: AED 109 against AED 120. It is number 2 of 8 Palm Jumeirah buildings, cheapest first.
- Homes here are bigger than usual. The median 3-bed here is 2,438 sq ft. That is 8% above the Palm Jumeirah median of 2,266 sq ft.
- New 2-bed tenants pay AED 217,500, renewing tenants AED 210,000. For the same home, renewing is cheaper than moving in: a new tenant pays 4% more.
- New-lease rent per sq ft fell 4% on the year, to AED 110 a sq ft.
- About 4 homes are advertised for rent against 91 leases signed in a year: little on the market, so expect less room to negotiate.
- 15 leases end in the next 60 days, so more homes may become available soon.
Rent in Balqis Residence by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| 2-bed | 217,500 | 210,000 | – | 1,966 | 109 | 38 |
| 3-bed | 310,000 | 320,000 | – | 2,438 | 109 | 53 |
Where Balqis Residence is, and the buildings around it
We do not hold the exact position of Balqis Residence yet; the map shows Palm Jumeirah.
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
A new 2-bed tenant in Balqis Residence pays 4% more than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
For a 2-bed in this building, renewing is cheaper than moving in. The renewal figure shows what the landlord accepts from tenants he wants to keep. Renew or move →
Finding
New-lease rent per sq ft in Balqis Residence fell 4% on the year.
Median new lease, AED a sq ft, by quarter
AED 110 a sq ft in the 12 months to 15 Oct 2026, against AED 115 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
15 leases in Balqis Residence end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other Palm Jumeirah buildings, 3-bed
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Golden Mile | 310,000 | 3,329 | 97 | 72 |
| Tiara Residence | 320,000 | 2,266 | 131 | 95 |
| The 8 | 300,000 | 1,735 | 166 | 16 |
| Marina Residence | 325,000 | 2,524 | 115 | 106 |
| Fairmont Palm Residence | 525,000 | 4,072 | 133 | 38 |
| Serenia Living | 750,000 | 3,350 | 236 | 19 |
Buying in Palm Jumeirah? Sale prices, every tower, resale and off-plan: Palm Jumeirah on BUY DUBAI →
Questions
How much is rent in Balqis Residence?
Rent in Balqis Residence, Palm Jumeirah: 2-bed AED 217,500, 3-bed AED 310,000 a year. These are medians of 91 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 3-bed here is AED 109, against AED 120 across Palm Jumeirah. About 4 homes here are advertised for rent now.
How much is a 2 bedroom in Balqis Residence?
The median rent for a new 2-bed lease in Balqis Residence is AED 217,500 a year (AED 18,125 a month). The median size is 1,966 sq ft. This is from 16 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 3 bedroom in Balqis Residence?
The median rent for a new 3-bed lease in Balqis Residence is AED 310,000 a year (AED 25,833 a month). The median size is 2,438 sq ft. This is from 32 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in Balqis Residence?
For a 2-bed, new tenants pay a median AED 217,500 and renewing tenants AED 210,000. For the same home, a new tenant pays 4% more.
Is rent going up in Balqis Residence?
Rent per sq ft on new leases in Balqis Residence: AED 110 in the 12 months to 15 Oct 2026, against AED 115 the year before.
What are the alternatives to Balqis Residence in Palm Jumeirah?
Similar rent for a 3-bed: Golden Mile AED 310,000, Tiara Residence AED 320,000, The 8 AED 300,000, Marina Residence AED 325,000.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "BALQIS RESIDENCE". 91 leases 16 Oct 2025–15 Oct 2026, 48 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.