Building · Transactions · 2016

Balqis Residence 2 Property Transactions 2016

6 property sales worth ⃃ 21.2M were registered in Balqis Residence 2 in 2016, 100.0% higher than 2015 by number of sales. The median sale price was ⃃ 3,550,000 and the median price per square foot ⃃ 1,619 (−13.5% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 6 salesUpdated: 18 Oct 2026
Property sales
6
+100.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 21.2M
+57.0% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 3,550,000
−20.8% vs 2015
6 sales
Median price per sq ft
⃃ 1,619
−13.5% vs 2015
6 sales

What types of property sold in Balqis Residence 2 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments6100%⃃ 21.2M⃃ 3,550,000⃃ 1,619

How were 2016 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)350%⃃ 12M⃃ 3,900,000⃃ 1,866
Resale (secondary)350%⃃ 9.2M⃃ 3,000,000⃃ 1,236
Off-plan6100%⃃ 21.2M⃃ 3,550,000⃃ 1,619

What were the most expensive property sales in Balqis Residence 2 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/08/2016Balqis Residence 23 beds · Apartment2,366 sq ft⃃ 4,500,000Primary · Off-plan
15/06/2016Balqis Residence 22 beds · Apartment2,267 sq ft⃃ 3,900,000Primary · Off-plan
31/08/2016Balqis Residence 22 beds · Apartment1,929 sq ft⃃ 3,600,000Primary · Off-plan
24/05/2016Balqis Residence 23 beds · Apartment2,950 sq ft⃃ 3,500,000Resale · Off-plan
19/05/2016Balqis Residence 22 beds · Apartment1,978 sq ft⃃ 3,000,000Resale · Off-plan
15/11/2016Balqis Residence 22 beds · Apartment2,184 sq ft⃃ 2,700,000Resale · Off-plan

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
15/11/2016Balqis Residence 22 beds · Apartment2,184 sq ft⃃ 2,700,000Resale · Off-plan
31/08/2016Balqis Residence 22 beds · Apartment1,929 sq ft⃃ 3,600,000Primary · Off-plan
31/08/2016Balqis Residence 23 beds · Apartment2,366 sq ft⃃ 4,500,000Primary · Off-plan
15/06/2016Balqis Residence 22 beds · Apartment2,267 sq ft⃃ 3,900,000Primary · Off-plan
24/05/2016Balqis Residence 23 beds · Apartment2,950 sq ft⃃ 3,500,000Resale · Off-plan
19/05/2016Balqis Residence 22 beds · Apartment1,978 sq ft⃃ 3,000,000Resale · Off-plan

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 2016 with the whole of 2015.
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-2/2016
Balqis Residence 2 Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/balqis-residence-2/2016

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 2 in 2016?
6 property sales worth ⃃ 21,200,000 were registered in Balqis Residence 2 in 2016. That is 100.0% higher than 2015.
What was the median property price in Balqis Residence 2 in 2016?
The median sale price was ⃃ 3,550,000 and the median price per square foot ⃃ 1,619 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Balqis Residence 2 were off-plan or from developers?
Developer (primary) sales were 50% of the 6 sales and resales 50%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/balqis-residence-2/2016