−15% Balqis Residence Block C
3 BR · Apartment · 5 bathrooms
Price history
Listed since 5 October 2026. The price has been cut once — dates and figures from the listing itself.
- 5 October 2026 AED 10 800 000
- 9 October 2026 AED 9 200 000 -15%
About the building
Located in The Palm Crescent, completed in 2018. Developer — IFA Hotels & Resorts. Architect — Schuster Pechtold.
Specifications for Balqis Residence per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
The pin is placed by project — accurate to the development, not the door.
Questions and answers about lot NP4-487150
How much is this 3-bedroom apartment in Balqis Residence Block C?
Lot NP4-487150 is priced at AED 9 200 000, about $2 505 000. The size is 2 481 sq ft (230 m²), which works out at AED 3 708 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 10 800 000 to AED 9 200 000: AED 1 600 000 less, or 15%. It was cut once. On the market since 5 October 2026.
How does this price compare with other lots in Balqis Residence Block C?
The database holds 3 lots in Balqis Residence Block C right now, from AED 6 000 000 to AED 9 200 000. 3 of them share this type and bedroom count: this lot is the most expensive. At AED 3 708 per sq ft this lot is 34% above the median for the other lots in the project (AED 2 771).
Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2018 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 30%, here AED 2 760 000; a loan of AED 6 440 000 over 25 years at 3.75–4.99% a year comes to roughly AED 33 100–37 600 a month. A non-resident puts down from 40% (AED 3 680 000) and pays about AED 28 400–32 200 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 368 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 9 200 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Balqis Residence Block C?
The developer is IFA Hotels & Resorts. Completion year: 2018. Figures are from the project passport: Propsearch and the Dubai Land Department.
What does the seller say about the property itself?
From the listing: bathrooms — 5.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-487150 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Balqis Residence Block C
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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