Balqis Residence 3 Launch Prices
Off-plan in Palm Jumeirah · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
42 developer launch sales registered at Balqis Residence 3 between Aug 2009 and Jul 2020: 100% apartments, most commonly 2-bed units, typically around 2,456 sqft.
Bed mix: 2-bed 38% · 3-bed 33% · 4+-bed 29%.
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 3, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q3 | 18 | AED 2,205 |
| 2009 Q4 | 3 | AED 3,404 |
| 2011 Q1 | 1 | AED 1,380 |
| 2011 Q2 | 1 | AED 1,790 |
| 2012 Q2 | 1 | AED 1,562 |
| 2013 Q1 | 3 | AED 1,646 |
| 2013 Q2 | 1 | AED 2,578 |
| 2013 Q4 | 1 | AED 1,646 |
| 2014 Q3 | 1 | AED 1,800 |
| 2015 Q3 | 1 | AED 1,884 |
| 2016 Q2 | 1 | AED 1,614 |
| 2016 Q3 | 3 | AED 1,807 |
| 2018 Q4 | 1 | AED 1,157 |
| 2019 Q1 | 1 | AED 1,771 |
| 2020 Q1 | 2 | AED 1,035 |
| 2020 Q2 | 1 | AED 772 |
| 2020 Q3 | 2 | AED 1,230 |
Launch vs Resale
Balqis Residence 3 also has 32 ready-market resales registered with the DLD, the first on 2 March 2021 - 139 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 3 →
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
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