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BALQIS RESIDENCE

Completed

Developed by BALQIS RESIDENCE FZE. Located in Palm Jumeirah.

Construction progress100%Expected 30 Oct 2019
Units3986 buildings · 0 villas
Registered sales61624 in the last 12 months
Median sale priceAED 3.66MMedian of registered salesAED 1,742/sqft

Registry record

Project number
611
Name on the register
بلقيس ريزيدنس
Developer
BALQIS RESIDENCE FZE
Master developer
شركة النخلة - جميرا (ش.ذ.م.م)
Escrow agent
DUBAI ISLAMIC BANK (PUBLIC JOINT STOCK COMPANY)
Zoning authority
Trakhees
Master project
Palm Jumeirah
Start date
29 Jun 2008
Expected completion
30 Oct 2019
Actual completion
30 Oct 2019
Cancelled
Not recorded
Plots
0
Progress
100%

Freehold mix residential development consisting of 34 Villas (B+G+1) and 3 residential buildings (B+G+12)that comprise of Townhouses and Apartments built as a concrete structure with cement render exterior.

Sales evidence

Median size
2,200 sqft
Median price per sqft
AED 1,742/sqft
Total value transacted
AED 3.67B
Off-plan vs ready
303 off-plan · 313 ready
First sale
3 Mar 2009
Latest sale
14 May 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 1,956 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesMixedSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C8.00
Reserved FundMixedSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
MaintenanceMixedSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C4.00
ImprovementMixedSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
ParkingMixedSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C947.00
Utilities ServicesMixedSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C6.00
Management ServicesMixedSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceMixedSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityMixedSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
ServicesParkingSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
MaintenanceParkingSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Utilities ServicesParkingSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
InsuranceParkingSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
ServicesStoresSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceStoresSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C5.00
Utilities ServicesStoresSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
InsuranceStoresSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
ServicesResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C4.00
Reserved FundResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
MaintenanceResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
ImprovementResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
ParkingResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C947.00
Utilities ServicesResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C5.00
Management ServicesResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
ServicesResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Reserved FundResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
MaintenanceResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
ImprovementResidentialSAGA INTERNATIONAL OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
14 May 2026Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties3 B/R4,918 sqftAED 3,421/sqftAED 16,825,000
24 Feb 2026Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R3,728 sqftAED 1,725/sqftAED 6,430,265
18 Feb 2026Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties3 B/R2,283 sqftAED 2,563/sqftAED 5,850,000
16 Feb 2026Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R2,267 sqftAED 2,162/sqftAED 4,900,000
6 Feb 2026Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties6 B/R17,359 sqftAED 1,959/sqftAED 34,000,000
26 Jan 2026Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties5 B/R13,913 sqftAED 1,847/sqftAED 25,700,000
8 Dec 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties5 B/R13,968 sqftAED 2,026/sqftAED 28,300,000
4 Dec 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R1,965 sqftAED 2,392/sqftAED 4,700,000
27 Nov 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R1,922 sqftAED 2,368/sqftAED 4,550,000
25 Nov 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R2,098 sqftAED 3,098/sqftAED 6,500,000
24 Nov 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties5 B/R13,913 sqftAED 2,350/sqftAED 32,700,000
17 Nov 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahHotel ApartmentExisting Properties1 B/R1,260 sqftAED 1,668/sqftAED 2,101,018
17 Nov 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahHotel ApartmentExisting PropertiesStudio659 sqftAED 1,668/sqftAED 1,098,982
17 Nov 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahHotel ApartmentExisting PropertiesStudio703 sqftAED 2,533/sqftAED 1,780,000
14 Nov 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties3 B/R2,433 sqftAED 2,541/sqftAED 6,180,000
12 Nov 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties4 B/R3,361 sqftAED 2,722/sqftAED 9,150,000
4 Nov 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahHotel ApartmentExisting Properties1 B/R1,045 sqftAED 1,228/sqftAED 1,283,570
31 Oct 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R2,002 sqftAED 2,223/sqftAED 4,450,000
27 Oct 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R2,180 sqftAED 1,766/sqftAED 3,850,000
27 Oct 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R1,957 sqftAED 2,223/sqftAED 4,350,000
20 Oct 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R1,909 sqftAED 2,147/sqftAED 4,100,000
16 Oct 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties5 B/R10,179 sqftAED 1,179/sqftAED 12,000,012
29 Sept 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R1,930 sqftAED 2,228/sqftAED 4,300,000
3 Sept 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties2 B/R2,409 sqftAED 1,785/sqftAED 4,300,000
13 Aug 2025Palm JumeirahBALQIS RESIDENCEPalm JumeirahFlatExisting Properties5 B/R3,490 sqftAED 2,235/sqftAED 7,800,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.