Balqis Residence, Palm Jumeirah: Airbnb & Short-Term Rental Guide
Balqis Residence is a landmark apartment complex on the Palm Jumeirah Crescent, developed by IFA Hotels and Resorts, made up of Block A and Block B with around 300 residences. Royale Stays manages the setup, pricing and guest side of listing an apartment here for a fee starting from 15%.
Buildings
Block A, Block B
Developer
IFA Hotels & Resorts
Completed
2018
Units
~300 (complex-wide)
Ownership
Freehold
About Balqis Residence
Balqis Residence is a landmark residential complex on the Palm Jumeirah Crescent, developed by IFA Hotels and Resorts and completed in 2018 after construction began in 2008. Named after Balqis, the Arabic name for the Queen of Sheba, the development sits within Palm Jumeirah’s Kingdom of Sheba sub-community and takes its architectural inspiration from traditional Arabian design, with arched windows, ornamental stonework and a private beachfront setting between Atlantis The Palm and the Kempinski Hotel and Residences.
The complex is made up of two apartment buildings, Balqis Residence Block A and Balqis Residence Block B, offering around 300 residences across the wider complex including 2 to 5-bedroom apartments and duplex penthouses, with covered areas ranging from roughly 2,037 to 3,655 sq ft. A separately-branded villa component, marketed as Wyndham Residences The Palm, also referred to as Balqis Residence Villas, sits within the same masterplan but is a distinct product from the apartment blocks. This guide focuses on the apartments in Block A and Block B, which is where Royale Stays’ current Palm Jumeirah management service applies; Royale Stays does not yet manage Palm Jumeirah villas, including any in the Wyndham or Balqis Villas component.
Location & Nearby Landmarks
Balqis Residence sits on the Palm Crescent, one of the most sought-after stretches of Palm Jumeirah, positioned between two of the island’s best-known hospitality landmarks: Atlantis The Palm and the Kempinski Hotel and Residences Palm Jumeirah. Atlantis Aquaventure Waterpark is a short walk or drive away, and residents and guests are also within easy reach of Burj Al Arab views and JBR Beach further along the coastline.
Royale Stays actively manages Airbnb properties across Palm Jumeirah, and owners here are covered under the same Palm Jumeirah Airbnb management service used across the rest of the Crescent, alongside sibling guides for nearby Crescent buildings.
Balqis Residence is joined by FIVE Palm Jumeirah, Golden Mile 2 and Palm Views West, other Palm Jumeirah buildings Royale Stays has covered separately.
Unit Types
Balqis Residence’s apartment blocks, A and B, offer 2, 3, 4 and 5-bedroom apartments plus duplex penthouses, with covered areas from around 2,037 sq ft up to 3,655 sq ft, generously sized by Palm Jumeirah standards, reflecting the building’s positioning at the luxury end of the market. Layouts favour large open-plan living spaces and wraparound balconies designed to take in sea and skyline views. The separate villa component, Wyndham Residences The Palm, offers larger 4-floor villas of 9,366 to 12,490 sq ft, but as noted above this falls outside Royale Stays’ current Palm Jumeirah apartment-only service scope.
Amenities
Balqis Residence is built around a genuinely resort-style amenity offering: multiple swimming pools, a large gymnasium, a spa and wellness centre, direct private beach access with a dedicated beach club, a kids’ zone, and a selection of on-site dining and boutique F&B outlets. Meeting and function facilities are also available on-site, useful for owners who host business travellers as well as leisure guests.
Transportation & Access
Palm Jumeirah has no Dubai Metro station of its own, so most residents and guests get around by private car, taxi or ride-hailing apps like Careem. The Palm Monorail’s nearest stop to Balqis Residence is the Palm Atlantis station, roughly 1.8km away, about a 4-minute drive via Crescent Road, connecting onward to Palm Gateway, Al Ittihad Park and Nakheel Mall stations. For guests flying in, Dubai International Airport is roughly 30 to 40 minutes away by car depending on traffic.
Rental & Price Trends
Resale apartment prices at Balqis Residence have been trending upward: Dubai Land Department transaction data shows an average sale price of roughly AED 9.1 million over the past 6 months, up 12% in that window, with 33 apartment sales recorded in the trailing 12 months. No Balqis Residence-specific short-term rental rate has been published by any source checked for this guide, so the figures used here are Palm Jumeirah area-blended averages from Royale Stays’ own portfolio data: 2-bedroom units average around AED 1,423 a night at 88% occupancy, roughly AED 38,922 a month, while 1-bedroom units average around AED 706 a night at similar occupancy, roughly AED 19,279 a month. Given Balqis Residence’s larger-than-average unit sizes and prime Crescent beachfront position, well-presented apartments here are realistic candidates to perform at or above these area averages.
Airbnb / Short-Term Rental Income Potential
Balqis Residence is already a proven short-term rental location: live listings for the building currently appear on Airbnb, Booking.com, Agoda and specialist Dubai holiday-let platforms, run by a mix of private hosts and dedicated short-term rental operators.
That existing activity, combined with the building’s beachfront Crescent position between Atlantis and the Kempinski, private beach access and resort-style amenities, makes it a strong candidate for professionally managed short-term letting. As with any hotel-adjacent or serviced-style building on Palm Jumeirah, permit arrangements are typically routed through the building’s own management company rather than a fully independent owner application, a standard, workable process, not a blocker. Royale Stays manages furnishing, photography, pricing, check-in, guest communications and maintenance from a management fee starting at 15%.
Airbnb, Booking.com, Agoda and Tripadvisor listings for this building are market observations from this guide's own research, not Royale Stays-managed properties.
Questions