Balally (Irish: Baile Amhlaoibh, meaning 'Olafs' Town'), County Dublin, Ireland, is a townland and residential area between Dundrum village and the Sandyford Industrial Estate in Sandyford. Balally Parish itself reaches from to the M50 motorway. The area is served by two primary schools (St. Olaf's National School and Queen of Angels) and two secondary schools (St. Tiernan's and Wesley College). Balally is part of the conurbation of Greater Dublin, in the council area of Dún Laoghaire–Rathdown. The area contains a Luas tram station, located near the southern entrance to the new Dundrum Town Centre.