Balqis Residence in Palm Jumeirah - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Balqis Residence
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
2
183
25,745
4,700,000
5
1,298
21,809
28,300,000
The cap rate (rental yield) of investments into Balqis Residence project is 4.3% on average.
The price of an apartment in Balqis Residence is 22,294 AED/sqm on average.
The long term rent of an apartment in Balqis Residence is 1,144 AED/sqm/year on average.
Price for completed 2 bedroom apartment in Balqis Residence is 4,700,000 AED or 25,745 AED/sqm. Price for completed 5 bedroom apartment in Balqis Residence is 28,300,000 AED or 21,809 AED/sqm.
About Balqis Residence
'Balqis Residence' in 'Palm Jumeirah' area project description
Balqis Residence is a luxurious residential development located in the heart of Dubai, UAE. The project is developed by the renowned Damac Properties, a leading real estate developer in the Middle East. The project offers a unique blend of luxury and convenience, with a range of amenities and facilities to suit all lifestyles.
The project consists of two towers, the Balqis Tower and the Balqis Residence Tower. The Balqis Tower is a luxurious high-rise building with stunning views of the Arabian Gulf. It features a range of amenities including a fully equipped gym, swimming pool, spa, sauna, and a business center. The Balqis Residence Tower is a low-rise building with a range of apartments, studios, and penthouses. The apartments are designed with modern interiors and feature a range of amenities such as a fully equipped kitchen, laundry room, and a private balcony.
The project is located in the heart of Dubai, close to the iconic Burj Khalifa and the Dubai Mall. The area is well connected to the rest of the city, with easy access to public transport and major highways. The project is also close to a range of restaurants, cafes, and shopping malls.
The project offers a range of amenities and facilities to suit all lifestyles. Residents can enjoy a range of leisure activities such as swimming, tennis, and squash. There is also a range of retail outlets, restaurants, and cafes located within the project. The project also offers a range of security features such as CCTV surveillance and 24-hour security.
Balqis Residence is a luxurious residential development that offers a unique blend of luxury and convenience. The project is located in the heart of Dubai and offers a range of amenities and facilities to suit all lifestyles. The project is close to a range of restaurants, cafes, and shopping malls, as well as easy access to public transport and major highways.
Q&A on Balqis Residence
What are the advantages of 'Balqis Residence' project in Dubai for property buyers? What are the disadvantages?
1. Prime Location: Balqis Residence is located in the heart of Dubai, close to some of the city’s most popular attractions, including the Dubai Mall, Burj Khalifa, and the Dubai Marina.
2. Luxurious Amenities: Balqis Residence offers a range of luxurious amenities, including a private beach, swimming pools, a gym, and a spa.
3. High-Quality Construction: The project is developed by Emaar, one of the most renowned developers in the region, and is built to the highest standards.
4. Affordable Prices: Despite its luxurious amenities and prime location, Balqis Residence offers competitive prices, making it an attractive option for real estate buyers.
5. Flexible Payment Plans: The project offers flexible payment plans, allowing buyers to spread the cost of their purchase over a period of time.
What projects are better than 'Balqis Residence' project in Dubai which are located close by, and why?
- Atlantis The Royal Residences: Offers ultra-luxurious living with world-class amenities, including private pools, high-end dining options, and direct access to a pristine beach. Known for its iconic architecture and exceptional service.
- One Palm by Omniyat: Features high-end finishes and expansive layouts, along with private pools, a private jetty, and stunning views of the Dubai Marina skyline and the Arabian Gulf.
- Serenia Residences: Renowned for its serene environment and luxurious beachfront living. Offers exclusive access to a private beach, landscaped gardens, and bespoke concierge services.
- W Residences: Known for its branded luxury and world-class amenities including rooftop lounges, infinity pools, a fitness center, and concierge services. Designed with high-end contemporary architecture and interiors.
- Muraba Residences: Notable for its minimalist and contemporary design. Features tailor-made interiors, unobstructed sea views, and access to private pools and wellness facilities.
- XXII Carat Club Villas: Offers ultra-private, palatial villas with Mediterranean-inspired architecture. Provides top-tier concierge services, private beach access, and extensive lush landscaping.
Each of these projects offers unique advantages such as exclusive amenities, architectural excellence, and unparalleled luxury, making them notable competitors to Balqis Residence in the Palm Jumeirah area.
What are the closest schools to 'Balqis Residence' project in Dubai?
1. GEMS Wellington International School - Location: Al Sufouh Area, approximately 15-20 minutes from Palm Jumeirah.
2. Dubai College - Location: Al Sufouh Area, around 15 minutes from Palm Jumeirah.
3. American School of Dubai - Location: Al Barsha, about 20-25 minutes from Palm Jumeirah.
4. The International School of Choueifat - Location: Al Sufouh 2, approximately 15-20 minutes from Palm Jumeirah.
5. Regent International School - Location: The Greens, around 20 minutes from Palm Jumeirah.
6. Dubai American Academy - Location: Al Barsha, about 20-25 minutes from Palm Jumeirah.
7. Emirates International School - Location: Meadows, approximately a 20-25 minute drive from Palm Jumeirah.
What are the closest medical clinics to 'Balqis Residence' project in Dubai?
- Emirates Hospital Clinic Palm Jumeirah Location: Golden Mile Galleria, Building 3, Palm Jumeirah, Dubai
- Al Das Medical Clinic Location: Shoreline Apartments, Building 10 - Al Das, Palm Jumeirah, Dubai
- Mediclinic Meadows Location: Meadows Village, Sheikh Zayed Road, Dubai
- Saudi German Hospital Location: Hessa Street, Al Barsha 3, Dubai