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Balqis Residence 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by IFA
84
Total Units
54
Sold
⃃ 3,525,000
Median Price
⃃ 1,350
Median Price /sqft
Construction progress: 100% (As of Oct-2019)
Start: Nov, 2008Completion: Oct, 2019

Balqis Residence 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

2 Beds221,840 sqft - 2,220 sqft⃃ 5.5M (2,640 /sqft)⃃ 3,480 /sqft
-23.96
3 Beds182,280 sqft - 8,260 sqft⃃ 11.3M (2,990 /sqft)⃃ 3,980 /sqft
-24.9
4 Beds113,290 sqft - 9,540 sqft⃃ 5,620 /sqft
5 Beds211,300 sqft - 11,450 sqft⃃ 6,920 /sqft
6 Beds117,360 sqft - 17,360 sqft⃃ 34M (1,960 /sqft)⃃ 7,330 /sqft
-73.27

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Loading chart
November 2026 is partial (14 days) and is excluded from the chart. So far: Balqis Residence 1 ⃃ 2,190 /sqft median

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
Commercial, ****—137 sqft
Commercial, ****—137 sqft
Commercial, ****—51 sqft
Commercial, ****—51 sqft
Commercial, ****—51 sqft
Commercial, ****—51 sqft
Commercial, ****—60 sqft
Commercial, ****—60 sqft
Commercial, ****—60 sqft
Commercial, ****—60 sqft
Commercial, ****—1,903 sqft
Commercial, ****—1,903 sqft
Commercial, ****—364 sqft
Commercial, ****—364 sqft
Commercial, ****—590 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
3Apartment4,283 sqft216.85 sqft⃃ 4,000,000⃃ 934 /sqft13, Apr 2025
3Apartment3,725 sqft159.32 sqft⃃ 3,125,000⃃ 839 /sqft05, Nov 2012
2Apartment1,936 sqft21.99 sqft⃃ 3,550,000⃃ 1,834 /sqft01, May 2024
2Apartment2,009 sqft29.02 sqft⃃ 2,300,000⃃ 1,145 /sqft15, Sep 2021
3Apartment2,283 sqft22.42 sqft⃃ 4,550,000⃃ 1,993 /sqft12, May 2013
4Apartment3,353 sqft37.07 sqft⃃ 3,500,000⃃ 1,044 /sqft08, Mar 2021
6Apartment17,359 sqft659.05 sqft⃃ 34,000,000⃃ 1,959 /sqft05, Feb 2026
2Apartment2,209 sqft23.09 sqft⃃ 3,800,000⃃ 1,720 /sqft08, May 2012
2Apartment2,216 sqft33.81 sqft⃃ 2,500,000⃃ 1,128 /sqft19, Jun 2012
3Apartment7,821 sqft175.7 sqft⃃ 8,900,000⃃ 1,138 /sqft13, Aug 2009
3Apartment8,260 sqft226.5 sqft⃃ 4,050,000⃃ 490 /sqft29, Mar 2021
4Apartment9,542 sqft282.19 sqft⃃ 11,488,680⃃ 1,204 /sqft29, Nov 2022
4Apartment8,037 sqft154.64 sqft⃃ 10,388,280⃃ 1,293 /sqft29, Nov 2022
5Apartment11,446 sqft304.23 sqft⃃ 13,000,000⃃ 1,136 /sqft09, Jan 2025
5Apartment11,300 sqft306.09 sqft⃃ 12,052,200⃃ 1,067 /sqft06, Jul 2020

Balqis Residence 1 Real Estate Data – FAQ

  • What is the current property supply in Balqis Residence 1?

    Balqis Residence 1 has approximately 17 completed residential units.

  • How active is the real estate market in Balqis Residence 1?

    Balqis Residence 1 recorded 5 property transactions over the last 12 months.

  • What is the average price /sqft in Balqis Residence 1?

    The median recorded sale price in Balqis Residence 1 is ⃃ 2,560 /sqft.

  • What rental yield can investors expect in Balqis Residence 1?

    The gross rental yield in Balqis Residence 1 is 6%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in Balqis Residence 1?

    The year-over-year median price per square foot change in Balqis Residence 1 is 28%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in Balqis Residence 1?

    Balqis Residence 1 has 0 recorded active off-plan projects.

  • What is the future supply pipeline in Balqis Residence 1?

    The recorded off-plan pipeline in Balqis Residence 1 contains 0 units.

  • Is Balqis Residence 1 a good area for property investment?

    Assess Balqis Residence 1 using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in Balqis Residence 1 is 6%, calculated from median rental income and comparable median sale prices.