Official imagery, floor plans and the full brochure for Balqis Residence are available on request. We publish only developer-supplied media we are licensed to use.
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About Balqis Residence
Balqis Residence is one of four components of the Kingdom of Sheba community on the Palm Jumeirah crescent, pairing low-rise apartment blocks with a row of five-bedroom beachfront villas and penthouses.
The project launched from AED 2.7 million; recorded 2025 sales show two-bedrooms at AED 3.85 to 4.45 million and a four-bedroom at AED 9.15 million, with current asking prices for two-bedrooms between AED 5.1 and 6.7 million and villas historically marketed up to AED 32 million.
The residences are complete and occupied, trading on the resale market.
At a glance
Balqis Residence key facts
- Developer
- Nakheel
- Community
- Palm Jumeirah
- Status
- Handover soon
- Handover
- Completed (2015)
- Starting price
- AED 2.7M
- Unit types
- 2 Bedroom, 3 Bedroom, 4 Bedroom, Penthouse, Villa
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Balqis Residence
- 01
Agree the price
Agree terms with the seller of a unit at Balqis Residence, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Nakheel issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Crescent beachfront with Burj Al Arab views
- Mix of apartments and beach villas
- Part of the Kingdom of Sheba enclave
What to weigh
- Registered price per sq ft varies widely between months
- Crescent location means a longer drive to the mainland
- Some villa pricing data is dated
FAQ
Balqis Residence — frequently asked questions
What is the starting price of Balqis Residence?
Published pricing at Balqis Residence starts from AED 2.7M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Balqis Residence?
Balqis Residence is scheduled for handover in Completed (2015). Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Balqis Residence?
Balqis Residence is developed by Nakheel in Palm Jumeirah, Dubai.
What unit types are available at Balqis Residence?
Balqis Residence offers 2 Bedroom, 3 Bedroom, 4 Bedroom, Penthouse, Villa.
Where is Balqis Residence located?
Balqis Residence is in Palm Jumeirah, Dubai.
Can foreigners buy at Balqis Residence?
Yes. Palm Jumeirah is a freehold area, so buyers of any nationality can own property at Balqis Residence outright.
Does buying at Balqis Residence qualify for the UAE Golden Visa?
Units at Balqis Residence start at AED 2.7M, which meets the AED 2 million property threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
What are the purchase costs at Balqis Residence?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 108K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Balqis Residence?
MRK Real Estate advises on primary purchases and resales at Balqis Residence. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Nakheel before any transaction.
