Balqis Residence 2 Launch Prices
Off-plan in Palm Jumeirah · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
153 developer launch sales registered at Balqis Residence 2 between Aug 2009 and Aug 2020: 100% apartments, most commonly 2-bed units, typically around 2,349 sqft.
Bed mix: 2-bed 57% · 3-bed 39% · 4+-bed 5%.
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 2, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q3 | 85 | AED 1,822 |
| 2009 Q4 | 7 | AED 2,013 |
| 2010 Q1 | 1 | AED 1,297 |
| 2010 Q2 | 1 | AED 1,700 |
| 2011 Q2 | 1 | AED 1,792 |
| 2011 Q3 | 1 | AED 1,031 |
| 2011 Q4 | 2 | AED 2,122 |
| 2012 Q1 | 1 | AED 1,247 |
| 2012 Q2 | 3 | AED 1,209 |
| 2012 Q4 | 1 | AED 857 |
| 2013 Q1 | 9 | AED 1,484 |
| 2013 Q2 | 10 | AED 1,825 |
| 2013 Q4 | 3 | AED 1,245 |
| 2014 Q2 | 2 | AED 1,569 |
| 2014 Q3 | 2 | AED 1,673 |
| 2015 Q4 | 2 | AED 1,778 |
| 2016 Q2 | 4 | AED 1,567 |
| 2016 Q3 | 2 | AED 1,804 |
| 2016 Q4 | 1 | AED 1,197 |
| 2019 Q1 | 1 | AED 1,505 |
| 2019 Q3 | 3 | AED 890 |
| 2019 Q4 | 1 | AED 820 |
| 2020 Q1 | 1 | AED 888 |
| 2020 Q2 | 1 | AED 706 |
| 2020 Q3 | 8 | AED 849 |
Launch vs Resale
Balqis Residence 2 also has 97 ready-market resales registered with the DLD, the first on 24 November 2020 - 135 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 2 →
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