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Building · Transactions · 2024

Balqis Residence 3 Property Transactions 2024

13 property sales worth ⃃ 36.41M were registered in Balqis Residence 3 in 2024, 68.3% lower than 2023 by number of sales. The median sale price was ⃃ 1,659,280 and the median price per square foot ⃃ 1,750 (−3.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 13 salesUpdated: 15 Nov 2026
Property sales
13
−68.3% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 36.41M
−67.8% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,659,280
−37.0% vs 2023
13 sales
Median price per sq ft
⃃ 1,750
−3.8% vs 2023
13 sales

What types of property sold in Balqis Residence 3 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1184.6%⃃ 28.65M⃃ 1,659,280⃃ 1,750
Commercial215.4%⃃ 7.76M⃃ 3,880,750⃃ 2,117

How were 2024 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)646.2%⃃ 15.2M⃃ 1,554,140⃃ 1,437
Resale (secondary)753.8%⃃ 21.21M⃃ 2,372,438⃃ 1,773
Ready13100%⃃ 36.41M⃃ 1,659,280⃃ 1,750

How many rental contracts were registered in Balqis Residence 3 in 2024?

22 rental contracts (new and renewed) were registered in Balqis Residence 3 in 2024, at a median annual rent of ⃃ 282,500 (−1.7% on 2023). Rental yields in Balqis Residence 3

What were the most expensive property sales in Balqis Residence 3 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/02/2024Balqis Residence 3Commercial4,046 sq ft⃃ 6,470,000Primary · Ready
08/05/2024Balqis Residence 33 beds · Apartment2,328 sq ft⃃ 5,800,000Resale · Ready
01/07/2024Balqis Residence 33 beds · Apartment2,485 sq ft⃃ 4,862,000Resale · Ready
04/04/2024Balqis Residence 33 beds · Apartment2,481 sq ft⃃ 4,400,000Resale · Ready
11/03/2024Balqis Residence 33 beds · Apartment2,861 sq ft⃃ 3,100,000Primary · Ready
03/06/2024Balqis Residence 33 beds · Apartment1,945 sq ft⃃ 2,372,438Resale · Ready
08/02/2024Balqis Residence 31 bed · Apartment1,301 sq ft⃃ 1,659,280Primary · Ready
08/02/2024Balqis Residence 31 bed · Apartment1,199 sq ft⃃ 1,449,000Primary · Ready
08/02/2024Balqis Residence 3Studio · Apartment782 sq ft⃃ 1,368,308Resale · Ready
08/02/2024Balqis Residence 3Commercial490 sq ft⃃ 1,291,500Primary · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
21/10/2024Balqis Residence 3Studio · Apartment703 sq ft⃃ 1,250,000Resale · Ready
01/07/2024Balqis Residence 33 beds · Apartment2,485 sq ft⃃ 4,862,000Resale · Ready
03/06/2024Balqis Residence 33 beds · Apartment1,945 sq ft⃃ 2,372,438Resale · Ready
08/05/2024Balqis Residence 33 beds · Apartment2,328 sq ft⃃ 5,800,000Resale · Ready
04/04/2024Balqis Residence 33 beds · Apartment2,481 sq ft⃃ 4,400,000Resale · Ready
11/03/2024Balqis Residence 33 beds · Apartment2,861 sq ft⃃ 3,100,000Primary · Ready
08/02/2024Balqis Residence 3Commercial490 sq ft⃃ 1,291,500Primary · Ready
08/02/2024Balqis Residence 3Studio · Apartment667 sq ft⃃ 1,228,728Primary · Ready
08/02/2024Balqis Residence 3Studio · Apartment782 sq ft⃃ 1,368,308Resale · Ready
08/02/2024Balqis Residence 3Commercial4,046 sq ft⃃ 6,470,000Primary · 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 2024 with the whole of 2023.
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-3/2024
Balqis Residence 3 Property Transactions 2024. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/balqis-residence-3/2024

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 2024?
13 property sales worth ⃃ 36,411,254 were registered in Balqis Residence 3 in 2024. That is 68.3% lower than 2023.
What was the median property price in Balqis Residence 3 in 2024?
The median sale price was ⃃ 1,659,280 and the median price per square foot ⃃ 1,750 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Balqis Residence 3 were off-plan or from developers?
Developer (primary) sales were 46.2% of the 13 sales and resales 53.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/balqis-residence-3/2024