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| Unit | Type | Size (sq ft) |
|---|---|---|
| 2 Bedroom | 2,037 | |
| 3 Bedroom | 2,395 | |
| 3 Bedroom | 3,006 | |
| 4 Bedroom | 3,627 | |
| 5 Bedroom | 3,655 | |
| 4 Bedroom | 5,165 | |
| 4 Bedroom | 6,501 | |
| 4 Bedroom | 7,016 | |
| 4 Bedroom | 7,586 | |
| 4 Bedroom | 7,725 | |
| 4 Bedroom | 8,006 | |
| 5 Bedroom | 9,812 | |
| 5 Bedroom | 14,104 | |
| 5 Bedroom | 16,338 | |
| 5 Bedroom | 19,022 | |
| 5 Bedroom | 23,905 | |
| 3 Bedroom | 8,277 | |
| 4 Bedroom | 9,112 | |
| 5 Bedroom | 10,083 | |
| 5 Bedroom | 11,748 | |
| 4 Bedroom | 9,366 | |
| 5 Bedroom | 12,490 |
Asking price against DLD sales of comparable units near Balqis Residence
Asking prices from the catalogue; sold prices from the Dubai Land Department
Ask Sophia for recent DLD sales close to this project.
See what sold nearbyAsk what it's worth or sell with us. Valuations use recent DLD sales and live listings in this building; an advisor replies with a price range.
DLD-registered sales in Balqis Residence
| Date | Building | Size | Price | AED/sq ft |
|---|---|---|---|---|
| 14 May 2026 | BALQIS RESIDENCE 1 | 4,918 sq ft | AED 16.83M | 3,421 |
| 24 Feb 2026 | BALQIS RESIDENCE 2 | 3,728 sq ft | AED 6.43M | 1,725 |
| 18 Feb 2026 | BALQIS RESIDENCE 1 | 2,283 sq ft | AED 5.85M | 2,563 |
| 16 Feb 2026 | BALQIS RESIDENCE 2 | 2,267 sq ft | AED 4.9M | 2,162 |
| 6 Feb 2026 | BALQIS RESIDENCE 1 | 17,359 sq ft | AED 34M | 1,959 |
| 26 Jan 2026 | Balqis Residence - Beach Villas | 13,913 sq ft | AED 25.7M | 1,847 |
| 8 Dec 2025 | Balqis Residence - Garden Villas | 13,968 sq ft | AED 28.3M | 2,026 |
| 4 Dec 2025 | BALQIS RESIDENCE 2 | 1,965 sq ft | AED 4.7M | 2,392 |
DLD sales transactions · Balqis Residence · Nov 2025 – May 2026
Area trend for Palm Jumeirah
| Nov 2025 | AED 3,984/sq ft |
|---|---|
| Dec 2025 | AED 3,340/sq ft |
| Jan 2026 | AED 3,656/sq ft |
| Feb 2026 | AED 3,778/sq ft |
| Mar 2026 | AED 4,770/sq ft |
| Apr 2026 | AED 3,283/sq ft |
| May 2026 | AED 3,909/sq ft |
| Jun 2026 | AED 3,403/sq ft |
DLD sales transactions · Palm Jumeirah · monthly medians · Nov 2025 – Jun 2026
Palm Jumeirah
Balqis Residence by IFA Hotels & Resorts is a luxury mixed-use residential and resort community on the West Crescent of Palm Jumeirah — part of the Kingdom of Sheba master development. The 300-unit collection comprises 2-5 bedroom apartments, signature penthouses, elegant townhouses with private pools, and 34 palatial sea-facing villas (4-5 bedrooms, 6,000–15,000 sqft) — all designed in a distinctive Arab-Yemeni architectural style.
Every major residential development on Palm Jumeirah's West Crescent makes a statement. Atlantis declares spectacle; Waldorf Astoria declares refinement; Anantara declares tropical resort. Balqis Residence declares heritage.
Developed by IFA Hotels & Resorts and forming the centerpiece of the Kingdom of Sheba master community, Balqis Residence draws its design inspiration from the Queen of Sheba legend — the ancient connection between Yemen, Arabia, and the grandeur of classical Islamic civilization. The result is one of the most architecturally distinctive residential developments in Dubai: a low-rise, horizontally oriented complex of apartments, townhouses, and villas rendered in traditional Yemeni and Arab architectural elements — carved plaster screens, ornamental facades, symmetrical courtyard geometry — combined with the ultramodern luxury standard that Palm Jumeirah buyers expect.
This is not costume architecture. The deep-patterned facades, arabesque detailing, and courtyard-oriented planning reflect a genuine commitment to the aesthetic vocabulary of traditional Islamic architecture — making Balqis Residence a genuinely unique and recognizable property in a Palm landscape dominated by generic contemporary towers.
IFA Hotels & Resorts (IFAHR) is an international hospitality and real estate developer with a portfolio spanning the UAE, Caribbean, Mauritius, Montenegro, and South Africa. Their development model integrates luxury residential ownership with five-star hospitality management — a model also deployed in their adjacent The 8 / Th8 Palm project. Balqis Residence is IFAHR's most architecturally ambitious Dubai project, reflecting decades of experience building trophy residential assets at the world's most iconic addresses.
Balqis Residence occupies a section of Palm Jumeirah's West Crescent — the outer arc of the world's most famous man-made island — positioned adjacent to the Atlantis The Palm resort complex.
Key proximity benchmarks:
Views:
The Palm Monorail connects the Crescent to the mainland Palm Gateway Station (linking to Dubai Metro Red Line), while the Palm Tunnel provides road access to Al Sufouh and Sheikh Zayed Road.
Balqis Residence's design language is grounded in traditional Yemeni and Arabian architectural heritage:
Exterior:
Site Planning:
The Kingdom of Sheba theme is carried through the entire precinct — from carved stone entry gates to the planting palette to the restaurant names — creating a cohesive narrative identity rarely achieved in Dubai's residential landscape.
Balqis Residence's 300-unit portfolio is one of the most diverse in Palm Jumeirah's residential market:
Apartments:
Penthouses:
Townhouses:
Villas:
Pricing:
Balqis Residence operates with the service infrastructure of a five-star resort integrated into private residential ownership:
Beach & Water:
Wellness:
Dining:
Resident Services:
Retail:
Short-term rental (STR): Balqis Residence's distinctive heritage aesthetic and resort management infrastructure create exceptional STR potential — the development photographs uniquely well for international holiday rental platforms.
Capital appreciation: Palm Jumeirah villa and townhouse values have appreciated significantly over the 2020–2025 period. Heritage-design properties like Balqis — architecturally distinctive, limited in supply, on the West Crescent — have outperformed generic Palm towers on capital appreciation metrics as the ultra-HNW buyer market has deepened its preference for unique, story-driven residential products.
Freehold ownership: Balqis Residence is freehold — available to all nationalities.
| Parameter | Detail | |---|---| | Developer | IFA Hotels & Resorts | | Location | West Crescent, Palm Jumeirah, Dubai | | Community | Kingdom of Sheba | | Total Units | 300 | | Unit Types | Apartment, Penthouse, Townhouse, Villa | | Apartment Range | 2BR (1,163 sqft) to 5BR (3,655 sqft) | | Penthouse Range | 5,165 – 23,905 sq ft | | Villa Range | 9,366 – 12,490 sq ft | | Villas | 34 sea-facing villas with private pools | | Completion | 2019 | | Ownership | Freehold — all nationalities | | Beach Access | Private beach club |
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
Balqis Residence by IFA Hotels and Resorts in Palm Jumeirah starts from AED 1,900,000. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Balqis Residence offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Balqis Residence is scheduled for completion in Q4 2019. The project is ready for immediate occupancy.
Balqis Residence by IFA Hotels and Resorts in Palm Jumeirah offers strong investment potential. Palm Jumeirah is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Balqis Residence is developed by IFA Hotels and Resorts, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Balqis Residence offers world-class amenities including Security, Central A/C, Shared Pool, Covered Parking, Valet Parking. These amenities are designed to provide residents with a premium lifestyle experience.