Bhosle, 81, has recorded more than 12,000 songs and is known for her versatility as a singer be it folk songs, Indian classical music, pop songs, ghazals and bhajans.
"I am delighted to have been nominated to receive this Lifetime Achievement Award from DIFF in Dubai - a place with long historic ties to my country. I look forward to visiting this special film festival, which has done so much work to promote the art worldwide," Bhosle said in a statement.
"Asha Bhosle is a stalwart of the Indian music scene, and we are proud to be honouring her with this DIFF Lifetime Achievement Award. Her work has touched almost every corner of the world: we look forward to welcoming such a legend to Dubai and DIFF," said DIFF Chairman Abdulhamid Juma.
Bhosle will join previous winners including Martin Sheen, Omar Sharif, Faten Hamamah, Adel Imam, Jameel Rateb, Sabah, Morgan Freeman, Sean Penn, Amitabh Bachchan, Shah Rukh Khan, Daoud Abdel Sayed, Youssef Chahine, Rachid Bouchareb, Souleymane Cisse, Nabil El-Maleh, Oliver Stone, Danny Glover, Terry Gilliam, Yash Chopra, Subhash Ghai, Michael Apted and Mahmoud Abdel Aziz.
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