Building · Transactions · 2019

Balqis Residence 2 Property Transactions 2019

6 property sales worth ⃃ 13.32M were registered in Balqis Residence 2 in 2019, unchanged from 2018 by number of sales. The median sale price was ⃃ 1,775,000 and the median price per square foot ⃃ 878 (−45.7% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 6 salesUpdated: 18 Oct 2026
Property sales
6
0.0% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 13.32M
−37.2% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 1,775,000
−50.0% vs 2018
6 sales
Median price per sq ft
⃃ 878
−45.7% vs 2018
6 sales

What types of property sold in Balqis Residence 2 in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments6100%⃃ 13.32M⃃ 1,775,000⃃ 878

How were 2019 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)116.7%⃃ 4.52M⃃ 4,522,590⃃ 1,555
Resale (secondary)583.3%⃃ 8.8M⃃ 1,750,000⃃ 840
Off-plan466.7%⃃ 9.87M⃃ 1,900,000⃃ 967
Ready233.3%⃃ 3.45M⃃ 1,725,000⃃ 830

How many rental contracts were registered in Balqis Residence 2 in 2019?

54 rental contracts (new and renewed) were registered in Balqis Residence 2 in 2019, at a median annual rent of ⃃ 125,000. Rental yields in Balqis Residence 2

What were the most expensive property sales in Balqis Residence 2 in 2019?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2019?

No transactions on record for this selection.

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 2019 with the whole of 2018.
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-2/2019
Balqis Residence 2 Property Transactions 2019. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/balqis-residence-2/2019

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 2019?
6 property sales worth ⃃ 13,322,590 were registered in Balqis Residence 2 in 2019. That is unchanged from 2018.
What was the median property price in Balqis Residence 2 in 2019?
The median sale price was ⃃ 1,775,000 and the median price per square foot ⃃ 878 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Balqis Residence 2 were off-plan or from developers?
Developer (primary) sales were 16.7% of the 6 sales and resales 83.3%. Off-plan units made up 66.7% and ready units 33.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/balqis-residence-2/2019