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Queen Sheba

A 3 bed in Queen Sheba costs a median AED 2.15M and rents long-let for AED 179,517/yr.

Satellite view of Queen Sheba, Living Legends, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

3 bed · typical price

2.15MAED

AED 1,185/sqft

Rent a year
AED 179,517
vs Living Legends
15% above the median
Cost to buy, all inAED 2.29M
Price
AED 2.15M
DLD fee 4%
AED 86,000
Agent 2% + VAT
AED 45,150
Trustee
AED 4,200

Fees repaid by rent9 months

Against this building’s registered sales of the same type.

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Is Queen Sheba a good investment?The rent pays below the Dubai median; no record of the rent trend

  1. Does it pay a good rent?5.7% gross, before the service charge (not on file) (Dubai median 6.8%)5.7%Watch
  2. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
  3. How fast do fees pay back?AED 135,350 in fees to buy a 3 bed; rent covers it in 0.8 years0.8 yrs
  4. Can I sell easily?34 sales in 12 months (2 the year before)34
  5. Did earlier buyers gain?Up 30% for launch buyers, before fees+30.2%Context

Readings use published thresholds · 3 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Queen Sheba prices and rents by unit typeA three-bed costs about AED 2.15M and rents for about AED 179,517 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bedAED 1.09M1,100/sqft6.0%-0.9 ptsAED 65,0005 contractsno prior year9
2 bedAED 1.60M1,102/sqft6.6%-0.3 ptsAED 105,0009 contractsno prior year8
3 bedAED 2.15M1,185/sqftpooled rent, not per buildingpooled rent, not per buildingno prior year17
Appreciation, rental income and short-term detail, by unit type

Appreciation

3 bed · price per sqft · Living Legends · area median AED 1,033/sqft

Rental income

3 bed · Living Legends

Read with care

  • Rental data covers the whole Living Legends Phase 6 project, not this tower alone.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 3 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 3 bed: Feb 2010, AED 1,664,452; latest, Oct 2026, AED 2,200,000; peak, Aug 2026, AED 2,250,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,145 · before fees

Launch, 2010–26
879
+30%
Previous 12 months
979
+17%
Last 12 months
1,145
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Living Legends

Every Living Legends building with a page, ranked by price per sqft over the same 12 months, all unit types. Queen Sheba places 3rd of 10; the nearest 6 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
1CinderellaCancelled · off-plan 1,447/sqftAED 636,4371,448+26.5%11.8%—179
2ShakespareCancelled · off-plan 892/sqftAED 2.00M1,184+3.4%5.0%+34.0%55
3Queen Sheba · this buildingCancelled · off-plan 909/sqftAED 1.75M1,1455.7%—34
4RapunzelCancelled · off-plan 909/sqftAED 1.53M1,100-3.9%6.5%+7.3%73
5Al Ghurair Residence 5Cancelled · off-plan 806/sqftAED 935,0001,087-5.0%8.0%+27.6%52
6Al Ghurair Residence 1Cancelled · off-plan 824/sqftAED 945,210854-25.4%7.7%+3.5%68
7Cleopatra Tower92% · Q3 2021 · off-plan 739/sqftAED 1.17M843-26.4%6.0%+8.8%24

Rank 1 is the dearest per square foot. Differences are against Queen Sheba (AED 1,145/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 3 bed, Queen Sheba has registered sale prices 15% above the Living Legends median price per square foot of 1,033 AED, across 8 eligible buildings.

Market context in Living Legends

Registered sales activity

124 ready apartment sales in the 12 months to 2026-10-12.

+19.6% in median AED/sqft versus the preceding year, supported by 124 current and 70 prior price observations.

Explore sales activity

Planned apartment projects

0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.

1 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

0 apartments are planned in Living Legends from 2026 to 2028, equal to 0% of the 328 homes let there today.

How these are counted
Find service-charge budget evidence for Queen Sheba

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The Living Legends Phase 6 towers

3 towers in Living Legends Phase 6, at the bedroom type above.

Living Legends Phase 6, every type →
TowerPriceAED/sqftRent a yearGross yield
Queen Sheba · this buildingAED 2.15M17 sales1,185—project pool—
RapunzelAED 2.00M25 sales1,080—project pool—
ShakespareAED 2.16M30 sales1,185—project pool—

Ejari files Living Legends Phase 6’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Living Legends: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
Living Legends Phase 43 towers—noneAED 1.38M5 sales761—
Living Legends Phase 53 towers · rent filed for the projectAED 150,00020 contractsAED 2.07M4 sales1,1327.2%
Living Legends Phase 6 · this development3 towers · rent filed for the project—1 contract, too fewAED 2.10M72 sales1,156—
Living Legends Phase 73 towers · rent filed for the projectAED 107,5008 contractsAED 1.52M15 sales8397.1%
All of Living Legendsevery building, in a project or notAED 150,00029 contractsAED 2.06M96 sales1,1177.3%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 3 bed. A median needs 3 rows; a dash with a count means fewer.

About Queen Sheba

Queen Sheba is a cancelled apartment building by Dawn in Living Legends. 50 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Master developer
Dawn

Drive times · typical

Downtown
26 min · 24 km
DXB Airport
23 min · 28 km
DIFC
22 min · 26 km
Dubai Marina
23 min · 26 km
Palm Jumeirah
29 min · 31 km

Nearest, as registered

Landmark
IMG World Adventures

Queen Sheba: AED 1,145 per sq ft, 18% above the median Living Legends building, and a 5.7% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Queen ShebaAED 1,145
  2. Living Legends, readyAED 957
  3. Living Legends, off-planAED 1,293
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Queen ShebaLiving Legends median building

  1. Living Legends5.7% vs 6.5%
Line: the 10th to 90th percentile of 10 buildings in Living Legends. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Living Legends, by handover quarter

More from Dawn

Delivery record →
Satellite view of Rapunzel, Living Legends, Dubai, centred on its registered pin. Apple Maps.

Rapunzel

Living Legends · 73 sales, 12 months

1.53M

AED, resale median · 1,100/sqft

Shakespare

Living Legends · 55 sales, 12 months

2.00M

AED, resale median · 1,184/sqft

Nearby in Living Legends

Every building in Living Legends →
Prices per sq ft around Queen Sheba, on the map
Pills show median sale price, AED. 7 buildings pinned from Google place records and Apple geocoding · Queen Sheba is the inverted pinOpen in Apple Maps
Satellite view of Rapunzel, Living Legends, Dubai, centred on its registered pin. Apple Maps.

Rapunzel

Living Legends · 73 sales, 12 months

1.53M

AED, resale median · 1,100/sqft

Shakespare

Living Legends · 55 sales, 12 months

2.00M

AED, resale median · 1,184/sqft

Satellite view of Cinderella, Living Legends, Dubai, centred on its registered pin. Apple Maps.

Cinderella

Living Legends · 179 sales, 12 months

636,437

AED, resale median · 1,448/sqft

Al Ghurair Residence 1

Living Legends · 68 sales, 12 months

945,210

AED, resale median · 854/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 3 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Queen Sheba’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
9,560AED
4.5% over 25 years
Monthly rent
14,960AED
AED 179,517 a year
Cash needed at purchase
589,850AED
20% down plus AED 159,850 in fees

Owning costs AED 721,043 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Queen Sheba

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Common questions

What is the rental yield in Queen Sheba?
No gross yield is published for Queen Sheba as of 2026-10-12: its Ejari contracts are registered at project level, not for this tower. In the last 12 months it had 17 registered sales and 1 new Ejari contract; a published yield needs at least 5 new contracts and 3 sales. The Living Legends median is 7.2% gross.
How much does a 3 bedroom in Queen Sheba cost?
The median registered sale price is AED 2.15M (1,185 AED/sqft), from 17 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What is the registered annual rent for a 3 bedroom in Queen Sheba?
The median new annual rent is AED 179,517, from 1 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
How many apartments change hands in Queen Sheba?
17 sales were registered with the Dubai Land Department in the last 12 months, alongside 1 Ejari rental contracts. Every median on this page rests on those counts.

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Queen Sheba sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
17 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/living-legends/queen-sheba
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Queen Sheba sale prices and yield.” Living Legends, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/living-legends/queen-sheba

Stable dataJSON