Palm Sea View | Motivated Seller
Balqis Residence 1, Palm Jumeirah, Dubai
AED 5,200,000
AED 2,830 /sqftAED 30,462 /sqmt
2 Bedroom Apartment for sale in Balqis Residence
- Type
- Apartment
- Size
- 1,837 sqft
- Bedroom
- 2
- Bath
- 3
- Parking
- 1
- Developer
- IFA
- View
- Palm Jumeirah
- Ref no.
- AS-184544
- Completion
- Q4 2019
- Listed
- 1 days ago
About this property
fäm Propties is delighted to welcome to the market this unique 2-bedroom plus maid's room apartment with two balconies overlooking the Palm and sea, located in Balqis Residences.
This property encompasses the epitome of beachfront living to the highest standard and is offered furnished a well maintained property.
• 2-bedroom + maid room
• Very large living spaces compared to standard units in the Palm
• Both balconies fully open, apartment extremely bright all day long (rare in Balqis)
• Sea view from both bedrooms
• Very rare combination of palm + marina + sea + skyline views
• Direct view on Atlantis 2, Burj El Arab, Burj Khalifa, Ain Dubai
• Direct access to the beach, swimming pool, kids play area
• Kitchen with appliances included
• 1 parking space included
• Can be sold furnished or unfurnished (preferably furnished)
• Indoor storage available for surf and kayak
• AC maintained, controlled and cleaned regularly (last in May 2026)
• All new Water Heater (changed in May 2026)
VACANT ON TRANSFER
Balqis Residence is a mixed-use residential and serviced apartment complex on the crescent of Palm Jumeirah. The architecture of the project is spurred by the states and harmony of traditional Arab structure. Balqis Residence combines standard freehold residences and fully furnished suites. The development has 34 magnificent, four and five bedroom sea-facing villas & townhouses with private pools, landscaped gardens and enclosed three car garages.
What it has
- Air Conditioning
- Furnished
- Sea View
- Open Kitchen
- Elevator
- Covered Parking
- Beachfront
- Balcony
- Maid Room
- Storage Room
- Built In Wardrobes
- Shared Gym
In the building
- Covered Parking
- Valet Parking
- Shared Pool
- Security
- Central A/C
What Balqis Residence sells for
Median price per sqft registered with the land department, by month. Asking prices are not in this — these are deals that completed.
See the figures
| Month | AED per sqft |
|---|---|
| Nov 2025 | 2,733 |
| Dec 2025 | 2,392 |
| Feb 2026 | 1,943 |
| Sep 2026 | 1,586 |
Demand in Palm Jumeirah
How many sales registered each month. A thin month is usually the register catching up rather than the market stopping.
See the figures
| Month | Transactions |
|---|---|
| Nov 2025 | 41 |
| Dec 2025 | 52 |
| Jan 2026 | 38 |
| Feb 2026 | 38 |
| Mar 2026 | 46 |
| Apr 2026 | 28 |
| May 2026 | 17 |
| Jun 2026 | 42 |
| Jul 2026 | 34 |
| Aug 2026 | 26 |
| Sep 2026 | 25 |
| Oct 2026 | 5 |
Mortgage calculator
An estimate on the asking price. A bank’s own arrangement and valuation fees are not in it, and the rate is yours to change.
- Number of payments
- 192
- Monthly instalment
- AED 27,534
- Total interest
- AED 1,386,499
- Amount borrowed
- AED 3,900,000
Estimated monthly
AED 27,534
Over 16 years at 4%
Location
Schools nearby
- Icademy Middle East Fz.LlcAmerican3.41 mi
- Dubai CollegeUK · KHDA outstanding3.75 mi
- The International School of ChoueifatSABIS (UK/US) · KHDA acceptable3.95 mi
- Regent International Private School L.L.CUK · KHDA very good4.56 mi
- GEMS Dubai American Academy - Dubai BranchAmerican · KHDA outstanding4.57 mi
- GEMS Wellington International School - Dubai BranchUK · KHDA outstanding4.63 mi
8 schools within five miles. Distances are straight lines, not driving time.
Keep looking
Advertise permitIssued to RERA registered companies and Dubai developers as confirmation of their right to advertise properties.
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Want to see it?
We can arrange a viewing, in person or on a video call if you are not in Dubai.