What is the asking price for this Balqis Residence Block B apartment?
The unit is listed at AED 5,900,000.

AED 5,900,000
| Deal type | Below Market |
| Price | AED 5,900,000 |
| Bedrooms | 3 |
| Type | Apartment |
| Status | Ready |
| Developer | IFA Hotels & Resorts |
| Area / Master development | Palm Jumeirah |
| Sub-community / Phase | Kingdom of Sheba |
| Community | Balqis Residence |
This 3-bedroom apartment with a maid's room in Balqis Residence Block B, Kingdom of Sheba, Palm Jumeirah, is offered at AED 5,900,000. The unit offers full Palm Jumeirah and sea views, with breathtaking views of the Dubai skyline from a large balcony.
The agent's brief describes this directly as a "Below Market Unit" and the "lowest priced" 3-bedroom option available. No specific dated comparable sale, valuation report or price benchmark was supplied alongside the brief to support the comparison, so this classification is carried as the agent's stated basis rather than an independently verified market comparison. Buyers should request supporting comparable evidence before relying on this classification.
Balqis Residence is a gated, mixed-use waterfront enclave by IFA Hotels & Resorts within the Kingdom of Sheba master development, on the West Crescent of Palm Jumeirah. The complex spans roughly 1,478,000 sq ft and comprises apartments, townhouses, penthouses and beachfront villas with 2 to 7-bedroom layouts, across Block A, Block B and Wyndham Residences The Palm. Construction began in 2008 and the project was substantially completed between 2018 and 2020. Shared amenities include a swimming pool, kids' pool, gym and direct private beach access, with meeting facilities also available.
Kingdom of Sheba sits on the West Crescent of Palm Jumeirah, near Atlantis The Palm on Crescent Road. The agent's brief describes the unit as within walking distance of shops, cafes and restaurants. Specific walking distances or drive times to other individual amenities have not been supplied and are not stated here.
Unit-specific facts — price, bedroom count, maid's room, parking and view — come from the agent's brief and have not been independently verified by DPF. Project- and community-level facts (developer, completion status, amenities) are drawn from IFA Hotels & Resorts' published Balqis Residence project information. The unit's size in square feet was not supplied, so price per square foot cannot be calculated and is not shown. No original purchase price or dated market comparable was supplied, so no savings figures are shown. Bathrooms and floor were not supplied in the brief and are omitted rather than assumed. This listing remains a Draft pending Shabana's review, including obtaining the unit size from the agent.






The unit is listed at AED 5,900,000.
It has 3 en-suite bedrooms plus a dedicated maid's room.
The agent's brief describes full Palm Jumeirah and sea views, with breathtaking views of the Dubai skyline from a large balcony.
The agent's brief directly describes this as a "Below Market Unit" and the "lowest priced" 3-bedroom option available. No specific dated comparable transaction or valuation was supplied alongside the brief.
The agent's brief states 1 allocated parking space, plus visitor parking.
The agent's brief did not specify the size in square feet; buyers should confirm this directly with the listing agent.
Balqis Residence is a gated waterfront community by IFA Hotels & Resorts within Kingdom of Sheba, on the West Crescent of Palm Jumeirah. Block B is one of the development's officially documented buildings.
Buyer costs
Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.
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Total cost
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Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Indicative monthly repayment on a UAE bank mortgage.
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Monthly payment
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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
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