This review explores the therapeutic potential of propolis, a natural resin produced by bees, by analyzing recent literature spanning from 2005 to 2023. Various databases including Google Scholar, Web of Science, Science Direct, PubMed, SCOPUS, and WoS were searched to uncover recent findings. Propolis exhibits a diverse array of pharmacological properties, including antimicrobial, anti-inflammatory, antioxidant, immunomodulatory, and wound-healing effects. It shows promise in treating respiratory infections, oral diseases, gastrointestinal disorders, and skin conditions. Additionally, recent research suggests its potential as an anticancer agent. The review also investigates efficacy of propolis in addressing antiviral, antibacterial, antioxidant, immunomodulatory, gastrointestinal diseases, metabolic disorders (diabetes), reproductive disorder (PCOS), cardiovascular diseases, hepatotoxicity, and wound healing properties of propolis. Hence, propolis could emerge as a natural remedy with significant potential for enhancing healthcare outcomes.