Project Overview
Balqis Residence is an outstanding residential project that is part of the prestigious Kingdom Of Sheba ensemble created by the developer IFA Hotels & Resorts. The complex is beautifully located on the artificial island of The Palm Crescent, in the heart of the famous Palm Jumeirah. Balqis Residence includes apartments with 2-5 bedrooms, elegant duplex townhouses and spacious villas with 4-5 bedrooms. Each residence is imbued with the spirit of traditional Arabic style, characterized by panoramic windows and wide balconies offering breathtaking views of the azure waters of the Persian Gulf and the dynamic panorama of Dubai. Key amenities for residents include access to a private beach, several swimming pools, a fitness center, 24-hour concierge service, enhanced security and fine restaurants. Residents also have access to a luxurious spa area for complete relaxation. The strategic location on The Palm Crescent provides residents with easy access to all key points of the city. The famous Atlantis The Palm and Aquaventure Water Park are within walking distance. The popular The Pointe promenade, with its many restaurants, is just a 10-minute drive away. The largest shopping mall, Dubai Mall, is accessible in about 20 minutes by car, and it takes about 30 minutes to get to Dubai International Airport.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
Request a verified price comparison
Astraterra Properties
Official Documents
Download official marketing materials from IFA Hotels & Resorts.
Payment Structure
Published payment summary
Request the current developer schedule for booking, construction, handover and any post-handover instalments. Terms and availability must be confirmed.
Need a detailed payment schedule?
Our advisors provide full milestone breakdowns at no cost.
Amenities & Lifestyle
Location
Palm Jumeirah
Nearby Destinations
Developer and Project Facts
Balqis Residence by IFA Hotels & Resorts
Located in Palm Jumeirah
Starting from AED 7,000,000
Unit mix includes 3 BR, 4 BR, Apartments, Villa
Expected handover: Jan 2018
Official brochure and PDF marketing materials available
Official render/gallery images available
Available for Resale
Ready-to-move units · Direct from owner · Verified by Astraterra
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
Explore Similar Projects
Other projects in this area, ordered by proximity to the starting price. Availability must be confirmed.