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Starting From
Price on Request
Stack and view premiums vary by unit
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…
Developer
IFA Hotels and Resorts
Property type
Apartment
Unit mix
2, 3, 4 & 5 bedroom
Handover
Q4 2019
Total Units
398
Ownership
Freehold
Launched
Q4 2008
20%
Down Payment
40%
During Construction
40%
On Handover
Availability check
Get current release, stack, floor, and view pricing from our advisors.
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Prime location in Palm Jumeirah - one of Dubai's most sought-after areas
Investment starts from AED 6M
Developed by Ifa Properties
Expected completion: Q4 2019
High rental demand area with yields typically 6-8% annually
Pricing
Price on Request
Current unit pricing depends on stack, view, floor, and release phase.
Cash-flow profile
60% pre-handover
20% Down Payment · 40% During Construction · 40% On Handover
40% on handover
Area PSF benchmark
AED 3,456
Palm Jumeirah 12-month registered-sales median price per square foot.
Avg AED 3,994 / sqft
Market liquidity
1,603 sales
AED 22.4B traded in Palm Jumeirah over the last 12 months.
735 sales in 6 months
Off-plan demand
29% share
29% of Palm Jumeirah sales in the last 12 months were off-plan transactions.
Buyer demand signal
Price momentum
+21.5% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
Active module
Transactions
Palm Jumeirah recorded 1,603 DLD-registered sales worth AED 22.4B over the last 12 months, with a median price of AED 3,456 per square foot. 29% of those sales were off-plan, and prices moved +21.5% year-on-year.
Area PSF benchmark
AED 3,456
Market liquidity
1,603 sales
Off-plan demand
29%
Price momentum
+21.5%
DLD transactions linked to Balqis Residence and its registered project record.
| Date | Type | Unit | Beds | Size | Price | PSF |
|---|---|---|---|---|---|---|
| May 14, 2026 | Ready | - | 3 | 4,918 Sq Ft | AED 16,825,000 | AED 3,421 |
| Feb 24, 2026 | Ready | - | 2 | 3,728 Sq Ft | AED 6,430,265 | AED 1,725 |
| Feb 18, 2026 | Ready | - | 3 | 2,283 Sq Ft | AED 5,850,000 | AED 2,563 |
| Feb 16, 2026 | Ready | - | 2 | 2,267 Sq Ft | AED 4,900,000 | AED 2,162 |
| Feb 6, 2026 | Ready | - | 6 | 17.4K Sq Ft | AED 34,000,000 | AED 1,959 |
| Jan 26, 2026 | Ready | - | 5 | 13.9K Sq Ft | AED 25,700,000 | AED 1,847 |
| Dec 8, 2025 | Ready | - | 5 | 14K Sq Ft | AED 28,300,000 | AED 2,026 |
| Dec 4, 2025 | Ready | - | 2 | 1,965 Sq Ft | AED 4,700,000 | AED 2,392 |
| Nov 27, 2025 | Ready | - | 2 | 1,922 Sq Ft | AED 4,550,000 | AED 2,368 |
| Nov 25, 2025 | Ready | - | 2 | 2,098 Sq Ft | AED 6,500,000 | AED 3,098 |
| Nov 24, 2025 | Ready | - | 5 | 13.9K Sq Ft | AED 32,700,000 | AED 2,350 |
| Nov 17, 2025 | Ready | - | 0 | 703 Sq Ft | AED 1,780,000 | AED 2,533 |
| Period | Sales | Avg PSF | Volume | Avg size |
|---|---|---|---|---|
| Jun 2026 | 92 | AED 4,012 | AED 842.4M | 2,111 Sq Ft |
| May 2026 | 71 | AED 4,265 | AED 1.3B | 3,611 Sq Ft |
| Apr 2026 | 75 | AED 4,125 | AED 760.2M | 2,194 Sq Ft |
| Mar 2026 | 109 | AED 4,618 | AED 1.5B | 2,558 Sq Ft |
| Feb 2026 | 152 | AED 4,161 | AED 2.1B | 2,882 Sq Ft |
| Jan 2026 | 121 | AED 4,078 | AED 1.7B | 2,884 Sq Ft |
| Dec 2025 | 149 | AED 3,712 | AED 1.8B | 2,830 Sq Ft |
| Nov 2025 | 155 | AED 4,174 | AED 3.7B | 2,691 Sq Ft |
| Oct 2025 | 165 | AED 3,958 | AED 1.7B | 2,286 Sq Ft |
| Sep 2025 | 165 | AED 4,228 | AED 2.2B | 2,617 Sq Ft |
| Aug 2025 | 101 | AED 3,783 | AED 1.5B | 3,280 Sq Ft |
| Jul 2025 | 130 | AED 4,243 | AED 1.9B | 3,625 Sq Ft |
2 Bedroom
2,037 Sq Ft
3 Bedroom
2,395 Sq Ft
3 Bedroom
3,006 Sq Ft
4 Bedroom
3,627 Sq Ft
5 Bedroom
3,655 Sq Ft
4 Bedroom
5,165 Sq Ft
4 Bedroom
6,501 Sq Ft
4 Bedroom
7,016 Sq Ft
4 Bedroom
7,586 Sq Ft
4 Bedroom
7,725 Sq Ft
4 Bedroom
8,006 Sq Ft
5 Bedroom
9,812 Sq Ft
5 Bedroom
14,104 Sq Ft
5 Bedroom
16,338 Sq Ft
5 Bedroom
19,022 Sq Ft
5 Bedroom
23,905 Sq Ft
3 Bedroom
8,277 Sq Ft
4 Bedroom
9,112 Sq Ft
5 Bedroom
10,083 Sq Ft
5 Bedroom
11,748 Sq Ft
4 Bedroom
9,366 Sq Ft
5 Bedroom
12,490 Sq Ft
DLD Supply
Registered units
398
Registry units
398
Buildings
6
Max floors
14
Registry match
100% of registry count
Unit size range
450-420,216 sq ft
Parking bays
781
Listings
Unit-level pricing and availability are confirmed against the current developer release before you commit.
| Unit type | Size | Lowest asking price | Area PSF (12m) | Buyer note |
|---|---|---|---|---|
| 2 Bedrooms | 2,037 – 2,037 Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
| 3 Bedrooms | 2,395 – 3,006 Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
| 4 Bedrooms | 3,627 – 3,627 Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
| 5 Bedrooms | 3,655 – 3,655 Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
| 4 Bedrooms | 5,165 – 8,006 Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
| 5 Bedrooms | 9,812 – 23.9K Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
| 3 Bedrooms | 8,277 – 8,277 Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
| 4 Bedrooms | 9,112 – 9,112 Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
| 5 Bedrooms | 10.1K – 11.7K Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
| 4 Bedrooms | 9,366 – 9,366 Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
| 5 Bedrooms | 12.5K – 12.5K Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
Location
Discover the exceptional location of Balqis Residence in Palm Jumeirah, offering unparalleled access to Dubai's finest destinations.
Get DirectionsNearby Landmarks & Views
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. Completed in 2019, Balqis Residence features a private beach club, lap pools, spa and wellness center, gymnasium, and Michelin-quality restaurants, with 2-bedroom apartment pricing starting from AED 2.7 million and villa transactions reaching AED 20 million+.
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:
Rental income potential:
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. Nightly rates for sea-facing villas and large penthouses can exceed AED 5,000–15,000 per night during Dubai's peak season.
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. All units at AED 2M+ qualify for UAE 10-Year Golden Visa.
| 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 | | Starting Price | AED 2,700,000 (apartments) | | Villa Pricing | AED 6M – AED 20M+ | | Completion | 2019 | | Ownership | Freehold — all nationalities | | Beach Access | Private beach club | | Golden Visa | Yes — all units exceed AED 2M |
Balqis Residence by IFA Hotels and Resorts in Palm Jumeirah starts from Price on Request. 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.