Source: The Great Interpretation of Dreams (Ibn Sirin)
(By analogy with rooftop and window) A balcony in a dream indicates exaltation and awareness of matters. It may indicate a woman showing her adornment. Standing on it indicates waiting for news.
Source: Perfuming Humanity in the Expression of Dreams (Al-Nabulsi)
(By analogy) A balcony indicates prestige and fame. Falling from it indicates loss of prestige or a scandal.
Source: Signs in the Science of Expressions (Ibn Shaheen)
(By analogy) A balcony is interpreted as goodness and exaltation. Whoever sees himself on it will attain goodness.