Balqis Residence 1 Launch Prices
Off-plan in Palm Jumeirah · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
58 developer launch sales registered at Balqis Residence 1 between Aug 2009 and Oct 2020: 100% apartments, most commonly 2-bed units, typically around 2,249 sqft.
Bed mix: 2-bed 50% · 3-bed 29% · 4+-bed 21%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Balqis Residence 1, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q3 | 30 | AED 1,780 |
| 2009 Q4 | 1 | AED 2,975 |
| 2010 Q1 | 1 | AED 1,671 |
| 2012 Q2 | 3 | AED 1,339 |
| 2012 Q4 | 1 | AED 839 |
| 2013 Q1 | 5 | AED 1,671 |
| 2013 Q2 | 3 | AED 1,993 |
| 2013 Q3 | 1 | AED 1,588 |
| 2014 Q2 | 1 | AED 1,944 |
| 2015 Q4 | 1 | AED 1,438 |
| 2016 Q2 | 1 | AED 1,208 |
| 2019 Q1 | 1 | AED 925 |
| 2019 Q4 | 4 | AED 900 |
| 2020 Q2 | 1 | AED 706 |
| 2020 Q3 | 3 | AED 778 |
| 2020 Q4 | 1 | AED 835 |
Launch vs Resale
Balqis Residence 1 also has 42 ready-market resales registered with the DLD, the first on 25 February 2021 - 138 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Resale prices and recent transactions at Balqis Residence 1 →
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Palm Jumeirah
Off-plan in Palm Jumeirah
Compare this project with every other off-plan launch registered in Palm Jumeirah, or see the community's resale market.
All Palm Jumeirah projects