Living Legends Market Report: Q3 2026
In Q3 2026, the median apartment price in Living Legends was AED 1,422 per sq ft, across 230 residential sales transactions worth AED 248 million, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
Q3 2026, compared with Q2 2026
- 230
- Residential sales transactions +296.6%
- AED248 million
- Sales value +152.5%
- AED1,422
- Apartments, median price per sq ft +26.0%
- AED4.8 million
- Villas and townhouses, median price⚠ 9 +17.7%
- 83%
- Off-plan share of sales 192 off-plan sales
- 77
- New lease registrations (Ejari) +14.9%
- AED76
- Apartment rent per sq ft, a year −7.0%
- 6.8%
- Gross rental yield, apartments⚠ 29 −0.5 pts
Apartments, median price per sq ft
Lighter bars: fewer than 30 sales
Villas and townhouses, median price
Lighter bars: fewer than 30 sales
Apartment rent, median per sq ft a year
Lighter bars: fewer than 30 leases
Villa and townhouse rent, median a year
Lighter bars: fewer than 30 leases
Apartment sales
Off-planReadyTotal sales
Villa and townhouse sales
Off-planReadyTotal sales
Apartment lease registrations
NewRenewedTotal lease registrations
Villa and townhouse lease registrations
NewRenewedTotal lease registrations
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FAQ
How many residential sales transactions were recorded in Living Legends in Q3 2026?
Residential sales transactions in Living Legends totalled 230 in Q3 2026, worth AED 248 million. Sales rose 296.6% quarter-on-quarter. Off-plan sales accounted for 83% of the total and owner resales 13%.
What is the price per sq ft in Living Legends?
The median apartment price in Living Legends was AED 1,422 per sq ft in Q3 2026, across 221 sales; it rose 26.0% quarter-on-quarter, and was 16% below the Dubai median. The median villa and townhouse price was AED 4.8 million, across 9 sales; it rose 17.7% quarter-on-quarter.
Are property prices in Living Legends going up or down?
The median apartment price in Living Legends rose 23.3% between Q1 2026 and Q3 2026, from AED 1,154 to AED 1,422 per sq ft.
| Quarter | Sales | Value | Apartments, per sq ft | Villas, median | New lease registrations | Apartment rent, per sq ft | Gross yield |
|---|---|---|---|---|---|---|---|
| ⚠Q1 2026 | 83 | AED 193 million | AED 1,154 | AED 5.4 million | 73 | AED 82 | 7.4% |
| ⚠Q2 2026 | 58 | AED 98.2 million | AED 1,129 | AED 4.1 million | 67 | AED 82 | 7.3% |
| ⚠Q3 2026 | 230 | AED 248 million | AED 1,422 | AED 4.8 million | 77 | AED 76 | 6.8% |
How much does a home in Living Legends cost by number of bedrooms?
In Living Legends in Q3 2026, median prices were AED 608,690 for a studio apartment (143 sales); AED 1.4 million for a 2-bedroom apartment (36 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| Studio | 143 | AED 608,690 | AED 1,444 |
| ⚠1-bed | 28 | AED 1.1 million | AED 1,435 |
| 2-bed | 36 | AED 1.4 million | AED 1,350 |
| ⚠3-bed | 13 | AED 2.1 million | AED 1,157 |
| ⚠4-bed | 1 | AED 3.1 million | AED 775 |
| Bedrooms | Sales | Median price | New lease registrations | Median rent, a year | Gross yield |
|---|---|---|---|---|---|
| ⚠1-bed | 0 | – | 1 | AED 100,000 | – |
| ⚠2-bed | 0 | – | 2 | AED 142,000 | – |
| ⚠4-bed | 0 | – | 7 | AED 183,402 | – |
| ⚠5-bed | 0 | – | 12 | AED 230,000 | – |
| ⚠6-bed | 0 | – | 2 | AED 260,000 | – |
What is the average rent in Living Legends?
The median rental rate on new apartment lease registrations (Ejari) in Living Legends was AED 76 per sq ft a year in Q3 2026, across 53 registrations. New villa and townhouse lease registrations had a median rental rate of AED 220,000 a year, across 24 registrations. 77 new leases and 24 renewals were registered with Ejari.
What is the rental yield in Living Legends?
The gross rental yield on ready apartments in Living Legends was 6.8% in Q3 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 4.6%, comparing median new rents with median ready sale prices.
How much does property in Living Legends cost in US dollars?
The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in Living Legends in Q3 2026, the median apartment price of AED 1,422 per sq ft is approximately $387 per sq ft; the median villa and townhouse price of AED 4.8 million is approximately $1.31 million; the median new apartment rental rate of AED 76 per sq ft a year is approximately $21.
How does Living Legends compare with Dubai?
The median apartment price in Living Legends was 16% below the Dubai median in Q3 2026, at AED 1,422 per sq ft compared with AED 1,692.
| Measure | Living Legends | Dubai |
|---|---|---|
| Apartments, median per sq ft | AED 1,422 | AED 1,692 |
| ⚠Villas and townhouses, median | AED 4.8 million | AED 3.7 million |
| New apartment rent, per sq ft a year | AED 76 | AED 94 |
| ⚠Gross yield, apartments | 6.8% | 6.8% |
| ⚠Villa rent, median a year | AED 220,000 | AED 180,000 |
| ⚠Gross yield, villas | 4.6% | 4.4% |
| Off-plan share of sales | 83% | 69% |
Which buildings in Living Legends recorded the most sales?
Living Legends Phase 5 by Amer Alghurair recorded the most sales of any building in Living Legends in Q3 2026, with 169 sales worth AED 128 million.
| Building or sub-community | Developer | Sales | Value | Off-plan | Apartments, per sq ft |
|---|---|---|---|---|---|
| Living Legends Phase 5Living Legends | Amer Alghurair | 169 | AED 128 million | 98% | AED 1,445 |
| Living Legends Phase 6Living Legends | Dawn | 30 | AED 49.3 million | 47% | AED 1,161 |
| ⚠Living Legends Phase 4Living Legends | – | 16 | AED 16.2 million | 81% | AED 917 |
| Living Legends Phase 1Living Legends | – | 4 | AED 20.1 million | 0% | – |
| ⚠Living Legends Phase 7Living Legends | – | 4 | AED 5.0 million | 0% | AED 792 |
| Living Legends Phase 2Living Legends | – | 3 | AED 15.3 million | 0% | – |
| Living Legends Phase 3Living Legends | – | 2 | AED 11.8 million | 0% | – |
Which developers recorded the most off-plan sales in Living Legends?
Amer Alghurair recorded the most off-plan sales in Living Legends in Q3 2026, with 165 sales worth AED 124 million, accounting for 86% of off-plan sales. It was followed by Dawn (14).
| Developer | Off-plan sales | Value | Share of off-plan sales |
|---|---|---|---|
| Amer Alghurair | 165 | AED 124 million | 86% |
| Dawn | 14 | AED 24.3 million | 7% |
What do the figures mean?
- Median price
- The middle sale price once all sales are ranked: half of sales were above it and half below. Used instead of the average so a few very large sales don't distort the figure.
- Price per sq ft
- Sale price divided by the registered area in square feet, then the median across sales. Reported for apartments; villa records often carry the plot size, so villas are reported per home.
- Off-plan and ready
- Off-plan sales are homes sold before completion; ready sales are completed homes, including owner resales and developers' completed stock.
- Sub-community and building
- Where DLD records a home: a sub-community for villas and townhouses (for example Raya in Arabian Ranches 3), a building for apartments, or the project name for off-plan homes.
- Ejari
- Dubai's official lease registration system. Rents here are new Ejari leases registered in the period; renewals are counted separately.
- Gross rental yield
- Median new annual rent divided by the median ready sale price, before costs. Shown only between 3% and 12%; outside that range the pairing reflects data errors rather than a yield.
- DLD area and community
- The Dubai Land Department records sales and leases by official area, which can differ from the name people use. Each report names the DLD areas it covers.
- ⚠ Small sample
- A figure based on fewer than 30 sales or leases. It is shown, but can move a lot from period to period.
How should this report be cited?
Richmond Properties (2026). Living Legends Market Report: Q3 2026. Data: Dubai Land Department. Published 2 November 2026. https://richmondproperties.ae/insights/market-reports/living-legends/2026-q3. Licensed CC BY 4.0.
In copy: “according to Richmond Properties’ analysis of Dubai Land Department data”.
Figures are Dubai Land Department open data for Q3 2026 (July to September), compared with Q2 2026. Sales are counted by transaction date and cover homes only: apartments, hotel apartments, villas and townhouses (including villa plots). Offices, shops, hotel rooms, development land and labour accommodation are excluded. Rents are new Ejari leases; leases are assigned to a community through their building or sub-community where DLD files them under a different district. 2 transactions identified as recording errors are excluded. Figures and text are generated from Dubai Land Department data by Richmond Properties’ reporting system. Data as of 2 November 2026. This report is for general information and is not financial or investment advice.