Skip to content

Building · Transactions · 2016

Balqis Residence 3 Property Transactions 2016

5 property sales worth ⃃ 21.3M were registered in Balqis Residence 3 in 2016, 150.0% higher than 2015 by number of sales. The median sale price was ⃃ 4,600,000 and the median price per square foot ⃃ 1,891 (−9.6% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 5 salesUpdated: 15 Nov 2026
Property sales
5
+150.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 21.3M
+202.5% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 4,600,000
+30.7% vs 2015
5 sales
Median price per sq ft
⃃ 1,891
−9.6% vs 2015
5 sales

What types of property sold in Balqis Residence 3 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5100%⃃ 21.3M⃃ 4,600,000⃃ 1,891

How were 2016 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)480%⃃ 19.6M⃃ 4,650,000⃃ 1,891
Resale (secondary)120%⃃ 1.7M⃃ 1,700,000⃃ 2,307
Off-plan5100%⃃ 21.3M⃃ 4,600,000⃃ 1,891

What were the most expensive property sales in Balqis Residence 3 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/04/2016Balqis Residence 35 beds · Apartment3,491 sq ft⃃ 5,899,500Primary · Off-plan
31/08/2016Balqis Residence 33 beds · Apartment2,485 sq ft⃃ 4,700,000Primary · Off-plan
31/08/2016Balqis Residence 33 beds · Apartment2,432 sq ft⃃ 4,600,000Primary · Off-plan
31/08/2016Balqis Residence 33 beds · Apartment2,328 sq ft⃃ 4,400,000Primary · Off-plan
09/06/2016Balqis Residence 3Studio · Apartment737 sq ft⃃ 1,700,000Resale · Off-plan

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
31/08/2016Balqis Residence 33 beds · Apartment2,328 sq ft⃃ 4,400,000Primary · Off-plan
31/08/2016Balqis Residence 33 beds · Apartment2,432 sq ft⃃ 4,600,000Primary · Off-plan
31/08/2016Balqis Residence 33 beds · Apartment2,485 sq ft⃃ 4,700,000Primary · Off-plan
09/06/2016Balqis Residence 3Studio · Apartment737 sq ft⃃ 1,700,000Resale · Off-plan
12/04/2016Balqis Residence 35 beds · Apartment3,491 sq ft⃃ 5,899,500Primary · Off-plan

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2016 with the whole of 2015.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/balqis-residence-3/2016
Balqis Residence 3 Property Transactions 2016. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/balqis-residence-3/2016

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Balqis Residence 3 in 2016?
5 property sales worth ⃃ 21,299,500 were registered in Balqis Residence 3 in 2016. That is 150.0% higher than 2015.
What was the median property price in Balqis Residence 3 in 2016?
The median sale price was ⃃ 4,600,000 and the median price per square foot ⃃ 1,891 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Balqis Residence 3 were off-plan or from developers?
Developer (primary) sales were 80% of the 5 sales and resales 20%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/balqis-residence-3/2016