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Building · Transactions · 2023

Balqis Residence 3 Property Transactions 2023

41 property sales worth ⃃ 112.95M were registered in Balqis Residence 3 in 2023, 2.4% lower than 2022 by number of sales. The median sale price was ⃃ 2,632,283 and the median price per square foot ⃃ 1,820 (+1.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 41 salesUpdated: 15 Nov 2026
Property sales
41
−2.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 112.95M
+18.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,632,283
+11.2% vs 2022
41 sales
Median price per sq ft
⃃ 1,820
+1.6% vs 2022
41 sales

What types of property sold in Balqis Residence 3 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments41100%⃃ 112.95M⃃ 2,632,283⃃ 1,820

How were 2023 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)2970.7%⃃ 62.32M⃃ 2,035,250⃃ 1,819
Resale (secondary)1229.3%⃃ 50.63M⃃ 4,050,000⃃ 1,867
Ready41100%⃃ 112.95M⃃ 2,632,283⃃ 1,820

How many rental contracts were registered in Balqis Residence 3 in 2023?

18 rental contracts (new and renewed) were registered in Balqis Residence 3 in 2023, at a median annual rent of ⃃ 287,500 (+65.2% on 2022). Rental yields in Balqis Residence 3

What were the most expensive property sales in Balqis Residence 3 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/12/2023Balqis Residence 34 beds · Apartment3,493 sq ft⃃ 10,650,000Resale · Ready
31/10/2023Balqis Residence 34 beds · Apartment3,489 sq ft⃃ 6,431,000Resale · Ready
06/12/2023Balqis Residence 33 beds · Apartment2,437 sq ft⃃ 5,800,000Resale · Ready
13/04/2023Balqis Residence 33 beds · Apartment2,328 sq ft⃃ 4,400,000Resale · Ready
10/03/2023Balqis Residence 33 beds · Apartment2,328 sq ft⃃ 4,150,000Resale · Ready
01/06/2023Balqis Residence 32 beds · Apartment1,877 sq ft⃃ 4,100,000Resale · Ready
27/03/2023Balqis Residence 32 beds · Apartment1,962 sq ft⃃ 4,000,000Resale · Ready
04/01/2023Balqis Residence 33 beds · Apartment2,057 sq ft⃃ 3,782,470Primary · Ready
04/01/2023Balqis Residence 33 beds · Apartment1,861 sq ft⃃ 3,473,750Primary · Ready
20/03/2023Balqis Residence 32 beds · Apartment1,909 sq ft⃃ 3,450,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
19/12/2023Balqis Residence 34 beds · Apartment3,493 sq ft⃃ 10,650,000Resale · Ready
06/12/2023Balqis Residence 33 beds · Apartment2,437 sq ft⃃ 5,800,000Resale · Ready
31/10/2023Balqis Residence 34 beds · Apartment3,489 sq ft⃃ 6,431,000Resale · Ready
01/06/2023Balqis Residence 32 beds · Apartment1,877 sq ft⃃ 4,100,000Resale · Ready
09/05/2023Balqis Residence 31 bed · Apartment1,045 sq ft⃃ 1,800,000Resale · Ready
13/04/2023Balqis Residence 33 beds · Apartment2,328 sq ft⃃ 4,400,000Resale · Ready
27/03/2023Balqis Residence 32 beds · Apartment1,962 sq ft⃃ 4,000,000Resale · Ready
20/03/2023Balqis Residence 32 beds · Apartment1,909 sq ft⃃ 3,450,000Resale · Ready
10/03/2023Balqis Residence 33 beds · Apartment2,328 sq ft⃃ 4,150,000Resale · Ready
13/02/2023Balqis Residence 3Studio · Apartment737 sq ft⃃ 1,100,000Resale · Ready

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 2023 with the whole of 2022.
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-3/2023
Balqis Residence 3 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/balqis-residence-3/2023

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 2023?
41 property sales worth ⃃ 112,945,326 were registered in Balqis Residence 3 in 2023. That is 2.4% lower than 2022.
What was the median property price in Balqis Residence 3 in 2023?
The median sale price was ⃃ 2,632,283 and the median price per square foot ⃃ 1,820 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Balqis Residence 3 were off-plan or from developers?
Developer (primary) sales were 70.7% of the 41 sales and resales 29.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/balqis-residence-3/2023