Balqis Residence
Balqis Residence is IFA Hotels and Resorts apartment community inside Kingdom of Sheba on Palm Jumeirah, with Blocks A, B and C. This guide explains how Balqis Residence distress deals and below original price apartment resales appear on DPF, which blocks list under the community, and the Oqood, NOC and DLD checks to finish before paying.

Balqis Residence overview
Balqis Residence is IFA Hotels and Resorts apartment community inside Kingdom of Sheba on Palm Jumeirah, marketed across Blocks A, B and C with apartments and penthouses. IFA materials place Balqis Residence within the wider Kingdom of Sheba masterplan on the West Crescent rather than as a freestanding inland district. On DPF, current cards include Block A, Block B and Block C filings under the Balqis Residence community.
DPF treats Balqis Residence as a community under the Palm Jumeirah area page and the Dubai city page. Many cards also crumb Kingdom of Sheba. Listings link the IFA Hotels and Resorts developer page for Balqis Residence.
Inventory often swaps between Balqis Residence and Kingdom of Sheba crumbs, so match the SPA community name before you treat two cards as different estates.
Blocks A, B and C share landscaping inside Kingdom of Sheba, yet each block still keeps its own SPA paperwork and service charge line items.
Location and access
IFA places Balqis Residence on Palm Jumeirah West Crescent inside Kingdom of Sheba. Live DPF crumbs sit under Palm Jumeirah and often add Kingdom of Sheba, so confirm which community tag the listing uses.
Visit at peak evening hour if you care about West Crescent traffic and shared Kingdom of Sheba access roads. Confirm whether the unit is Block A, Block B or Block C before you compare service charges.
Projects and buildings in Balqis Residence
Live DPF filings under this community currently span Balqis Residence Block A, Block B and Block C apartments and penthouses. Official IFA materials describe those blocks as part of Kingdom of Sheba.
Those blocks do not share one payment plan ledger. Treat each SPA as separate even when two homes sit inside Balqis Residence.
Finding distressed and below-market units in Balqis Residence
Balqis Residence distress deals on DPF are mostly ready apartment resales labelled below original price, below OP, off-plan distress or below market by the seller. A motivated seller here is usually a Balqis owner seeking a quicker secondary sale than a long market listing. Oqood contracts for Balqis Residence require IFA assignment consent; deeded homes move on the ready transfer path. Below market claims need DLD evidence from the same block and bedroom layout. DPF only relays the Balqis Residence seller category; it does not price the home.
Compare like for like: same block, same bedroom count, similar view and stack. Call for the SPA and IFA's Balqis Residence statement of account before you treat any original-price gap as final.
Clarify early whether the Balqis Residence SPA is still an off-plan resale on Oqood or already a title deed ready transfer, because NOC and assignment steps differ.
Buying checks before you pay
Before committing funds to a Balqis Residence home:
- Registration: confirm Oqood versus title deed on the unit.
- Payment plan: ask IFA Hotels and Resorts for a Balqis Residence ledger of instalments cleared and any post-handover balance.
- Outstanding balance: note in the MOU who settles Balqis Residence IFA dues or a mortgage discharge at transfer.
- Developer NOC: IFA issues the NOC Dubai Land Department needs for Balqis Residence transfers.
- DLD transfer: agree Balqis Residence registration and trustee fee shares before the appointment is booked.
- Service charges: review the block budget that applies to your layout.
Confirm parking and maid-room counts on the SPA. Ask whether Balqis furniture packages shown in photos are part of the deal.
Related DPF pages
Use the Palm Jumeirah area page, Kingdom of Sheba community, Dubai city page and IFA Hotels and Resorts.
Live inventory
Properties in Balqis Residence
3-Bedroom Apartment in Balqis Residence Block A, Kingdom of Sheba — Below Market, Negotiable3 beds · ApartmentAED 6,850,000Balqis Residence Block A · Balqis Residence · Palm JumeirahView property →
3-Bedroom Apartment with Maid's Room in Balqis Residence Block B, Kingdom of Sheba — Below Market3 beds · ApartmentAED 5,900,000Balqis Residence Block A · Balqis Residence · Palm JumeirahView property →
3-Bedroom Apartment in Balqis Residence Block C, Kingdom of Sheba, Palm Jumeirah — Below Market, Vacant3 beds · 1,944.82 sqft · ApartmentAED 5,000,000Balqis Residence Block A · Balqis Residence · Palm JumeirahView property →
2-Bedroom Apartment with Maid's Room in Balqis Residence Block A, Kingdom of Sheba — Below Market, Tenanted2 beds · 1,971 sqft · ApartmentAED 4,299,999Balqis Residence Block A · Balqis Residence · Palm JumeirahView property →
2-Bedroom Apartment in Balqis Residence Block B, Kingdom of Sheba, Palm Jumeirah — Below Market2 beds · 2,266.66 sqft · ApartmentAED 4,700,000Balqis Residence Block A · Balqis Residence · Palm JumeirahView property →
1-Bedroom Apartment in Balqis Residence Block C, Kingdom of Sheba, Palm Jumeirah — Below Market1 beds · 1,105.02 sqft · ApartmentAED 1,900,000Balqis Residence Block A · Balqis Residence · Palm JumeirahView property →
2-Bedroom Apartment in Balqis Residence Block C, Kingdom of Sheba, Palm Jumeirah — Below Market2 beds · 1,909 sqft · ApartmentAED 5,990,000Balqis Residence Block A · Balqis Residence · Palm JumeirahView property →Frequently asked questions
Who developed Balqis Residence?
IFA Hotels and Resorts. Balqis Residence sits inside the Kingdom of Sheba masterplan on Palm Jumeirah.
Where is Balqis Residence relative to Kingdom of Sheba?
Balqis Residence Blocks A, B and C sit inside Kingdom of Sheba on Palm Jumeirah West Crescent.
Can I buy in Balqis Residence below the original price?
Yes, when a motivated seller prices a Balqis apartment or penthouse under the SPA figure. Re-check Balqis Residence paid instalments and the transfer route before you agree.
Which blocks appear most often on DPF?
Blocks A, B and C currently dominate the Balqis Residence community cards.
What counts as a Balqis Residence distress deal on DPF?
Any Balqis Residence card marked below original price, below market, below OP or off-plan distress by its seller. Treat that Balqis Residence label as a research start, not a finished valuation.