The Crescent - Kingdom of Sheba Balqis Residences

Brief Overview

Property Ref: ELI-S-6891
Price: Sale 12,000,000.00 AED
Type: Penthouse
Location: Palm Jumeirah
Bathrooms: 4
Bedrooms: 3
Built up Area: 3888 Sq.Ft
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Located on the world famous Palm Jumeirah this stunning penthouse apartment is a steal as it has been reduced. Covering two floors this property has hi-end finishing and goes above and beyond the average Palm apartment. Situated within the unique and opulent Balqis Residences this particular property boasts two family sized lounges, study, a fully fitted kitchen with separate maids quarters and dining room with a fourth guest bedroom on the lower floor. The master hosts its own dressing room and luxury en-suite bathroom. This beautiful home even has its very own private plunge pool. The views here are simply spectacular with balconies and spacious terraces taking in gulf and Marina vistas and the wonderfully iconic Burj Al Arab and even as far as the Burj Khalifa. The location combined with the magnificence of this property has to be seen and it is truly worth every penny.


Kingdom of Sheba Balqis Residences

FREEHOLD luxury villas, townhouses, penthouses and apartments, The Palm Jumeirah

Grand Arabic designed sea front properties on the iconic Palm Jumeirah

  • Price range: 1 bed from AED 3,050,000, 2 beds from AED 4,200,000, 3 beds from AED 4,900,000, 3 bed penthouses from AED 11,363,000, villas from AED 18,500,000
  • Size Range: 1 beds from 1,063 sq.ft, 2 bed 1,747 sq.ft, 3-bed from 1,701 sq.ft, 3 bed penthouses from 4,237 sq.ft, 5 bed villa from 9,178 sq.ft.
  • Average price per sq.ft: Apartments AED 2,050, Villas AED 1,297
  • Construction update: 95% complete
  • Show-home available to view
  • Expected service fees: AED 18-25 sq.ft. per year
  • Expected rental return: 7 - 12%
  • Name of constructor: GCC 
  • GCC have constructed sub-communities within Arabian Ranches, Garoob Mirdiff & Legacy Hotel

Balqis Residence – A significant landmark as one of the largest and most ambitious projects on The Palm Jumeirah, inspired by the values and symmetry of traditional Arab architecture.
The mixed-use residential and serviced apartment complex on the crescent of Palm Jumeirah, includes 34 palatial, four and five-bedroom sea-facing villas with private pools, landscaped gardens and enclosed three car garages. There are also elegant townhouses, again with private pools, landscaped gardens and enclosed three car garages as standard. Penthouses and a range of spacious one, two, three, four and five bedroom apartments, complete the residential offering.

Balqis Suites offer the owner flexibility within a fully furnished, operated and managed enclave.Investors can cede their property within a rental management program whilst still retaining usage rights for when they visit Dubai. Live here, spend several weeks a year here or take a great vacation here.

Key Features

  • A collection of villas, townhouses, penthouses and apartments which make up 300 waterside luxury homes
  • Arabic architecture reminiscent of Arabia’s ancient cities
  • Focal sea-front position on world famous Palm Jumeirah
  • High-spec interiors and finishing
  • Outstanding sea and Palm views
  • Easy accessibility to new shopping mall, five star hotels and beaches
  • Facilities include communal swimming pool and lap pool, beach club and gym, restaurants and cafés, convenience store, communal parking and 24-hours security
  • Controlled and managed by recognised and reputable developer
  • Constructed by highly regarded contractor
  • Finance available:  Maximum 75% mortgages available to non-residents on completion


·         10% Down payment

·         10% within 30 days

·         20% on completion

·         60% post-handover equally every two months.


Why Invest? 

  • Unique private beach-front residence on Palm Jumeirah Crescent
  • Option to have your property fully managed by an experienced operator
  • Excellent value and low prices offered compared to completed properties on the Palm
  • Close to completion for quick rental return
  • An exclusive Address on the World’s Largest Man-Made Island
  • The Developer and Constructors both have a solid track record
  • Outstanding luxury development attracts affluent buyers on completion




Palm Jumeirah

Developed by Nakheel Property and built on the Persian Gulf, Palm Jumeirah is known throughout the world as an architectural wonder and is considered to be one of the hottest destinations and top attractions to Dubai visitors.

Given the shape of a palm tree with a crescent shaped water barrier it's trunk and fronds are surrounded by the crescent. In total there are 16 fronds with the mainland connected to the crown by a bridge. Some of the worlds' leading hotel groups have located themselves on the 11km's of crescent including The One and Only, The Atlantis, The Waldorf Astoria, Anantara, Rixos, Kempinski and Sofitel to name a few and with all the facilities on the Palm, has now become a Luxury and exclusive community of its own, yet still only minutes away from all the other wonders Dubai has to offer.

Residential and hotel apartments, townhomes and detached villas are available on the Palm Jumeirah with most shoreline apartments located in front of the sea. Signature Villas, Garden homes and townhouses also provide wonderful beach homes for its residents.

The Trunk of Palm Jumeirah offers an excellent area of living with high quality and well finished homes, beachside living, cafes and restaurants. The major attraction of The Trunk is Tiara Residence, Oceana, Shoreline Apartments, Marina Residence, The Golden Mile, The Fairmont Palm Hotel & Resort and The Fairmont Palm Residence with more to follow.

The Fronds offers unique homes for living and feature stunning beachside residence apartments that give amazing sea views. They also have easy access to the Monorail and the subsea tunnel that is linked to the other parts of the development.

Residents and visitors of Palm Jumeirah get many amenities within the area. In addition to the fantastic choice of 5 star hotels and the facilities they boast, there is also an excellent choice of cafes, Pubs, bars and restaurants located on the Island giving it a lively nightlife. Communal Swimming Pools, Spas and Gymnasiums along with communal beach areas, which are available to the relevant villas and apartments, together with park areas with integral running tracks are all part of Palm life.

Dependant on location on the Palm it can take only 5-20 minutes to travel off the Palm and into the centre of Dubai so all facilities such as schools, hospitals, shopping malls are still a stone's throw away. The Palm Jumeirah has it all to offer those wanting a unique exclusive address within the very heart of Dubai.


Within 5 minutes drive off Sheikh Zayed Road, close to Dubai Marina.

Company name: Elite Realty Dubai
RERA ORN: 12535
Address: 27th Floor Marina Plaza Dubai Marina, PO BOX 334198 Dubai UAE
Office phone no: +971 (0) 4 512 4016
Out of office no: +971 (0) 50 277 0078
Company Profile: We specialise in Freehold Leasehold property for sale in Dubai and pride ourselves in having a high performance level approach for our industry. Elite Realty Dubai was founded on the ways and ethics of the owners well-run UK based Estate Agency|| implementing high standards and values|| now available in the Dubai Real Estate Market. All our well educated and skilled staff all UK trained and what they say they will do guaranteeing trust|| dependability and above all consistency to all our new|| current and returning clients.

General amenities

  • Under construction development
  • Optional Post-completion Payment Plan over 12 months years
  • Bank Finance available on Final Payment
  • High-end 5 star hotel standard finishings
  • Completion expected 2017
  • Marble floors
  • Fully fitted kitchen
  • Kitchen white goods
  • Study