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Balqis Residences
Balqis ResidencesPalm Jumeirah
33,100,000 AEDmarket
2,379 AED/ft²
Delivered: Q4 2019
Completed
IFA

Balqis Residences

Palm Jumeirah

5 BedApartment

Launch price

25,000,000 AED

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Buildings
Palm Jumeirah
Balqis Residences
IFA

Balqis Residences

Palm Jumeirah

5 BedApartment

Launch price

25,000,000 AED

Balqis Residences

Palm Jumeirah

by IFA

Booking
-

Booking

Construction
-

Construction

Handover
-

Handover

Local Information

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Description

Balqis Residence offers apartments and hotel apartments for sale and for rent in Palm Jumeirah, a completed development by IFA Hotels & Resorts with 276 apartments and 110 hotel apartments. The project, inspired by traditional Arab architecture, features buildings of up to 15 floors. Completed in October 2019, it provides residents with direct beach access and views of the Arabian Gulf. IFA Hotels & Resorts developed this luxury complex as part of the larger Kingdom of Sheba community. The development is situated on the Palm Jumeirah Crescent, offering proximity to Atlantis The Palm and the Palm Jumeirah Crescent Walk. Nearby amenities include Nakheel Mall, Monorail and Ferry Stations, and access to Sheikh Zayed Road. Educational institutions such as Dubai British School and American School of Dubai are also within easy reach.

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Price Analysis for Balqis Residences

Apartment

5 B/R

32%
31 units
3,489 – 15,684 ft²
No market history available yet

Starting price

25.00M

1,797 /ft²

Current price

33.10M

2,379 /ft²

Price History for Balqis Residences

DatePriceTypeBeds
26 Jan 202625,700,000Apartment5 B/R13,913 ft²—1,847
24 Nov 202532,700,000Apartment5 B/R13,913 ft²—2,350
3 Jul 202564,000,000Apartment5 B/R13,913 ft²—4,600
27 Feb 202533,500,000Apartment5 B/R13,913 ft²—2,408
23 Jan 202431,000,000Apartment5 B/R13,913 ft²—2,228
26 Jan 2026
25,700,000
5 B/RApartment

13,913 ft²

—

1,847

24 Nov 2025
32,700,000
5 B/RApartment

13,913 ft²

—

2,350

3 Jul 2025
64,000,000
5 B/RApartment

13,913 ft²

—

4,600

27 Feb 2025
33,500,000
5 B/RApartment

13,913 ft²

—

2,408

23 Jan 2024
31,000,000
5 B/RApartment

13,913 ft²

—

2,228

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 5 most recent sales transactions

What's Available for Balqis Residences

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

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Price Trends

For units in Palm Jumeirah

Comparable Buildings in Palm Jumeirah

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Affordability

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FAQ

Balqis Residences is situated on the West Crescent of the Palm Jumeirah, forming a significant part of the Kingdom of Sheba master development. This waterfront location provides residents with direct beach access and views of the Arabian Gulf.
The building caters to end-users and investors seeking a resort-style living experience in a private, gated community. The project is particularly well-suited for those prioritizing beachfront access, spacious layouts, and a quieter environment away from the main city thoroughfares.
Residents at Balqis Residences have access to a private beach club, multiple swimming pools, and a large gymnasium. The development also features landscaped gardens, on-site dining options, and dedicated children's play areas.
Public transport options near Balqis Residences are limited, so residents typically rely on private vehicles, taxis, or ride-sharing services. While there is no direct metro station on the Palm Jumeirah, the Palm Monorail provides a connection to the Dubai Tram and Dubai Metro network.
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Price Trends

For units in Palm Jumeirah

AED/ft²

Mean 5 B/R value
Balqis Residences: 2,379

AED/ft²

Mean value
Balqis Residences:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Palm Jumeirah

BuildingPrice per ft²ConstructionHandoverDeveloper
Al HaboolNakheel
2,598 AED/ft²
9.2%
100%
Q4 2007
Al Habool
2,598 AED/ft²9.2%
100%
Q4 2007
Nakheel logo
Balqis Residence Block AIFA
2,096 AED/ft²
11.9%
100%
Q4 2019
Balqis Residence Block A
2,096 AED/ft²11.9%
100%
Q4 2019
IFA logo
Marina Residences 3Nakheel
1,813 AED/ft²
23.8%
100%
Q2 2009
Marina Residences 3
1,813 AED/ft²23.8%
100%
Q2 2009
Nakheel logo
Marina Residences 2Nakheel
2,401 AED/ft²
0.9%
100%
Q2 2009
Marina Residences 2
2,401 AED/ft²0.9%
100%
Q2 2009
Nakheel logo
Golden Mile 3Nakheel
1,790 AED/ft²
24.8%
100%
Q3 2009
Golden Mile 3
1,790 AED/ft²24.8%
100%
Q3 2009
Nakheel logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Palm Jumeirah neighborhood outline
© Mapbox © OpenStreetMap · Improve this map
Palm Jumeirah
116 Buildings For You
Buy: AED 472K - 226.0M
YoY Price Change: +35.9%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.