Balqis Residence Villas
5 BR · Apartment · 7 bathrooms
Price history
Listed since 26 June 2026. The price has been cut once — dates and figures from the listing itself.
- 6 October 2026 AED 28 000 000
- 10 October 2026 AED 26 000 000 -7%
Questions and answers about lot NP4-490394
How much is this 5-bedroom apartment in Balqis Residence Villas?
Lot NP4-490394 is priced at AED 26 000 000, about $7 080 000. The size is 13 935 sq ft (1 295 m²), which works out at AED 1 866 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 28 000 000 to AED 26 000 000: AED 2 000 000 less, or 7%. It was cut once. On the market since 26 June 2026.
Is the property ready or still under construction?
According to the listing, the property is ready.
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 7 800 000; a loan of AED 18 200 000 over 25 years at 3.75–4.99% a year comes to roughly AED 93 600–106 300 a month. A non-resident puts down from 40% (AED 10 400 000) and pays about AED 80 200–91 100 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 1 040 000 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 26 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What does the seller say about the property itself?
From the listing: bathrooms — 7.
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 NP4-490394 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Balqis Residence Villas
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