Building · Transactions · 2020

Balqis Residence 2 Property Transactions 2020

13 property sales worth ⃃ 29.95M were registered in Balqis Residence 2 in 2020, 116.7% higher than 2019 by number of sales. The median sale price was ⃃ 2,042,000 and the median price per square foot ⃃ 862 (−1.9% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 13 salesUpdated: 18 Oct 2026
Property sales
13
+116.7% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 29.95M
+124.8% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 2,042,000
+15.0% vs 2019
13 sales
Median price per sq ft
⃃ 862
−1.9% vs 2019
13 sales

What types of property sold in Balqis Residence 2 in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments13100%⃃ 29.95M⃃ 2,042,000⃃ 862

How were 2020 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)430.8%⃃ 12.66M⃃ 3,133,280⃃ 1,142
Resale (secondary)969.2%⃃ 17.29M⃃ 2,000,000⃃ 816
Ready13100%⃃ 29.95M⃃ 2,042,000⃃ 862

How many rental contracts were registered in Balqis Residence 2 in 2020?

57 rental contracts (new and renewed) were registered in Balqis Residence 2 in 2020, at a median annual rent of ⃃ 130,000 (+4.0% on 2019). Rental yields in Balqis Residence 2

What were the most expensive property sales in Balqis Residence 2 in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/07/2020Balqis Residence 23 beds · Apartment2,369 sq ft⃃ 4,775,000Primary · Ready
06/07/2020Balqis Residence 22 beds · Apartment3,752 sq ft⃃ 3,728,920Primary · Ready
06/07/2020Balqis Residence 22 beds · Apartment1,966 sq ft⃃ 2,537,640Primary · Ready
06/02/2020Balqis Residence 23 beds · Apartment2,392 sq ft⃃ 2,200,000Resale · Ready
15/07/2020Balqis Residence 23 beds · Apartment2,366 sq ft⃃ 2,150,000Resale · Ready
19/07/2020Balqis Residence 23 beds · Apartment2,511 sq ft⃃ 2,050,000Resale · Ready
30/08/2020Balqis Residence 23 beds · Apartment2,369 sq ft⃃ 2,042,000Resale · Ready
30/11/2020Balqis Residence 22 beds · Apartment1,925 sq ft⃃ 2,000,000Resale · Ready
30/08/2020Balqis Residence 23 beds · Apartment2,411 sq ft⃃ 1,900,000Resale · Ready
09/07/2020Balqis Residence 23 beds · Apartment2,511 sq ft⃃ 1,800,000Resale · Ready

What were the last registered sales of 2020?

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 2020 with the whole of 2019.
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-2/2020
Balqis Residence 2 Property Transactions 2020. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/balqis-residence-2/2020

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 2020?
13 property sales worth ⃃ 29,949,560 were registered in Balqis Residence 2 in 2020. That is 116.7% higher than 2019.
What was the median property price in Balqis Residence 2 in 2020?
The median sale price was ⃃ 2,042,000 and the median price per square foot ⃃ 862 (1 Jan – 31 Dec 2020).
What share of 2020 sales in Balqis Residence 2 were off-plan or from developers?
Developer (primary) sales were 30.8% of the 13 sales and resales 69.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/balqis-residence-2/2020