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Queen Sheba Tower

Living Legends , Dubai

AED 525,000
≈ AED 525,000
Construction Progress69%
Bedrooms
Studio
Size
458 sqft
Price/Sqft
AED 1,146

Description

Queen Sheba Tower is an upcoming luxury residential project located in Dubai's prestigious Majan district. Developed by Tanmiyat Global, this innovative G+16 tower will feature a range of modern residential units, offering residents a unique and high-end living experience complemented by exceptional amenities. Prospective buyers can choose from studio, 1, 2, and 3-bedroom apartments.

Notable amenities include a swimming pool, a beautifully landscaped park, a gym, and a jogging track. The tower will be ideally positioned near the renowned Barari area and next to The Wilds by Al Dar, providing residents with access to world-class facilities such as a championship golf course, retail outlets and top-tier educational institutions.

Amenities & Features

Gym or Health Club
Swimming Pool
Kids Play Area

Property Details

Property TypeApartment
ProjectQueen Sheba Tower
CommunityLiving Legends
CompletionOff-Plan - Q3 2026
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 525,000
DLD Fee (4%)AED 21,000
Trustee FeeAED 4,200
Agency (2%)AED 10,500
Total InvestmentAED 560,700

Expected Annual Returns

Expected Annual RentAED 37,800
Service Charges (Est)-AED 6,870
Net Annual IncomeAED 30,930
Net Annual ROI5.5% (after expenses)
Payback Period18.1 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa12.6 km
Dubai Mall12.5 km
Dubai Airport (DXB)19.5 km
Mall of the Emirates10.9 km
Dubai Marina16.4 km