officially Al Merkadh · also covers Mbr District 1 / Sobha Heartland
AED 1,924/sqft
August 2026 · 159 sales
+36.3%
+4%
25%
Last 12 months · 2,553 sales
6.6%
Ready homes, last 12 months · 1,925 sales · 8,266 tenancy contracts, new lets and renewals
48
Registered DLD sales · medians, not estimates · how we compute this
A typical residential sale here is AED 1,400,000 for about 699 sqft in the last 12 months (2,553 sales); across all 32,403 recorded sales the median is AED 1,150,000.
Ready-home prices here have moved +36.3% across the 94 months (Oct 2018 – Aug 2026) of Land Department records we hold — a pace of +4% a year if it continued.
That is the whole 94 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.
Off-plan
AED 1,710/sqft
24,407 recorded sales
Ready
AED 1,877/sqft
7,996 recorded sales
Off-plan trades 9% below completed homes here. A single blended figure would sit between the two and describe neither.
Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate. The headline price is the last 12 months; the median across every sale on record sits under it.
Rent is matched to homes by bedroom count where Ejari records one, which most contracts do, and by floor area where it does not — each row says which. Every figure is the median of registered new lets: a renewal is capped under Decree 43 of 2013 and sits below what the same home lets for today.
| Size | Typical home | Price, last 12 months · ready and off-plan | Per sqft, all years | Typical rent | Sales, all years |
|---|---|---|---|---|---|
| Studio | 351 sqft | AED 725,000 797 sales all years AED 580,000 | AED 1,625/sqft | AED 52,000/yr 3,154 tenancies | 9,866 |
| 1 bed | 704 sqft | AED 1,436,882 1,010 sales all years AED 1,200,221 | AED 1,787/sqft | AED 84,000/yr 3,443 tenancies | 13,905 |
| 2 beds | 1,188 sqft | AED 2,450,000 547 sales all years AED 2,085,753 | AED 1,850/sqft | AED 135,000/yr 1,414 tenancies | 6,537 |
| 3 beds | 1,621 sqft | AED 3,390,000 164 sales all years AED 2,999,331 | AED 1,850/sqft | AED 180,000/yr 339 tenancies | 1,763 |
| 4 beds | 2,355 sqft | AED 4,565,000 34 sales all years AED 4,357,213 | AED 1,850/sqft | AED 260,000/yr 43 tenancies | 284 |
| Size | Typical home | Price, last 12 months · ready and off-plan | Per sqft, all years | Typical rent | Sales, all years |
|---|---|---|---|---|---|
| 4 beds | 2,183 sqft | fewer than 10 sales in 12 months all years AED 5,337,947 | AED 2,397/sqft | AED 727,500/yr 118 tenancies | 41 |
Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.
Registered units
26,114
In Meydan One, from the Land Department's register of flats.
Freehold
100%
Every unit in Meydan One with a recorded type is freehold, so foreign ownership is permitted throughout.
Typical size
669 sqft
Median of the 26,114 units that record one.
By size of home
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
From 11,321 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.
Typical annual rent
AED 78,000/yr
for ~558 sqft
Rent per sqft
AED 133/sqft
per year
Renewals
27%
of contracts
Contracts
11,321
last 12 months
What it costs to rent here
Median annual rent, by size of home.
Matched to tenancies by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; the table below says which for each row. Renewing tenants pay about 1% less per sqft than someone signing a new lease here.
A year’s rent against what completed homes of that size actually sold for in Meydan One over the same twelve months — both from registered records. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| Studio | AED 695K | AED 52,000/yrby bedroom · 3,154 new lets | 7.5% | 633 |
| 1 bed | AED 1.35M | AED 84,000/yrby bedroom · 3,443 new lets | 6.2% | 757 |
| 2 beds | AED 2.3M | AED 135,000/yrby bedroom · 1,414 new lets | 5.9% | 402 |
| 3 beds | AED 3.32M | AED 180,000/yrby bedroom · 339 new lets | 5.4% | 111 |
| 4 beds | AED 4.7M | AED 260,000/yrby bedroom · 43 new lets | 5.5% | 21 |
The best gross yield here is on a studio at 7.5%. Smaller homes almost always yield more than larger ones — they cost proportionally less and rent for proportionally more.
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 9.0% instead of 7.5%, because it prices the home at AED 580K — the median across every sale on record — rather than the AED 695K a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 17/sqft across 17 buildings, most recently filed for 2023. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 5,962 | AED 46,038 | 7.5% | 6.6% |
| 1 bed | AED 11,964 | AED 72,036 | 6.2% | 5.3% |
| 2 beds | AED 20,191 | AED 114,809 | 5.9% | 5.0% |
| 3 beds | AED 27,561 | AED 152,439 | 5.4% | 4.6% |
| 4 beds | AED 40,039 | AED 219,961 | 5.5% | 4.7% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
a studio rents for a median AED 52,000/yr, a 1-bedroom for AED 84,000/yr, a 2-bedroom for AED 135,000/yr, a 3-bedroom for AED 180,000/yr. These are medians of tenancy contracts registered with Ejari in Meydan One over the last twelve months — what tenants agreed to pay, not advertised asking rents. Rent is matched to homes by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; each row on this page says which.
The median residential sale price in Meydan One was AED 1,924/sqft in August 2026, from 159 sales registered that month. Over the last 12 months a typical home here sold for about AED 1.4M and measured about 699 sqft (2,553 sales). These are medians of sales actually registered with the Dubai Land Department, not of asking prices.
Gross yields on ready homes in Meydan One run about 7.5% on a studio apartment, 6.2% on a 1-bedroom apartment, 5.9% on a 2-bedroom apartment, 5.4% on a 3-bedroom apartment, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Smaller homes yield more. These are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Yes. Every unit in Meydan One whose tenure is recorded in the Land Department's register is freehold, so foreign nationals may own property here outright. The register holds 26,114 units for the area.
Ready homes in Meydan One sold for a median AED 1,970/sqft in Q2 2026 (366 sales), against AED 1,778/sqft in Q3 2024 (693 sales): +10.8% across those quarters. By quarter, the ready-home median was AED 1,778/sqft in Q3 2024, AED 1,851/sqft in Q4 2024, AED 1,928/sqft in Q1 2025, AED 2,077/sqft in Q2 2025, AED 2,071/sqft in Q3 2025, AED 2,089/sqft in Q4 2025, AED 2,071/sqft in Q1 2026, AED 1,970/sqft in Q2 2026. Off-plan registrations ran at AED 2,125/sqft in Q2 2026 (202 registrations) and are never pooled with ready homes here. These are medians of registered sales, not an index: a quarter's move against the one before it partly reflects which homes sold, and registrations for Q2 2026 are still being filed.
25% of the 2,553 sales registered in Meydan One in the last 12 months were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.
Median registered sale price per sqft in Meydan One, by calendar quarter of the transaction date, ready homes and off-plan registrations kept apart. Complete quarters only; a quarter's median prints on 60 or more sales.
| Quarter | Ready homes · median per sqft | vs a year earlier | Off-plan · median per sqft |
|---|---|---|---|
| Q3 2024 | AED 1,778/sqft693 sales | -0.2% | AED 2,302/sqft769 registrations |
| Q4 2024 | AED 1,851/sqft608 sales | +1.3% | AED 2,271/sqft644 registrations |
| Q1 2025 | AED 1,928/sqft516 sales | +8.4% | AED 2,122/sqft204 registrations |
| Q2 2025 | AED 2,077/sqft725 sales | +12.6% | AED 2,044/sqft180 registrations |
| Q3 2025 | AED 2,071/sqft602 sales | +16.5% | AED 2,105/sqft108 registrations |
| Q4 2025 | AED 2,089/sqft609 sales | +12.8% | AED 2,051/sqft138 registrations |
| Q1 2026 | AED 2,071/sqft541 sales | +7.4% | AED 2,076/sqft109 registrations |
| Q2 2026still registering | AED 1,970/sqft366 sales | -5.1% | AED 2,125/sqft202 registrations |
Ready-home median +10.8% from Q3 2024 (AED 1,778/sqft, 693 sales) to Q2 2026 (AED 1,970/sqft, 366 sales).
Q2 2026 holds 366 ready sales against about 584 in each of the three quarters before it: registrations for it are still being filed, and its median will settle in later months.
A median is not an index: it moves when the mix of what sold moves, and a single quarter's move against the one before it reverses the next quarter about half the time on this register. Read the level, its sample, and the change against the same quarter a year earlier.
Every registered residential sale in this area by month, ready homes and off-plan together, so this is the history of what sold rather than a rate. The newest month is still being registered and will move. The rates on this page read ready homes alone.
1,301 mortgage procedures were registered here in the last 12 months. These are registrations, not buyers: the register files a loan as its own entry and does not link it to a sale, so this cannot tell you what share of purchases were financed.
A modification is an existing borrower changing terms and a transfer is a loan moving between lenders; neither is a new purchase. Counted from the procedure the Land Department recorded on each registration.
Closest to Meydan One on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.
Each has at least twenty sales on record, so its own median means something. Ordered by how much has traded.
Azizi Riviera 1
Azizi Developments L.L.C
Azizi Riviera 10
Azizi Developments L.L.C
Azizi Riviera 11
Azizi Developments L.L.C
Azizi Riviera 12
Azizi Developments L.L.C
Azizi Riviera 13
Azizi Developments L.L.C
Azizi Riviera 14
Azizi Developments L.L.C
Azizi Riviera 15
Azizi Developments L.L.C
Azizi Riviera 16
Azizi Developments L.L.C
Azizi Riviera 17
Azizi Developments L.L.C
Azizi Riviera 18
Azizi Developments L.L.C
Azizi Riviera 19
Azizi Developments L.L.C
Azizi Riviera 2
Azizi Developments L.L.C
Azizi Riviera 20
Azizi Developments L.L.C
Azizi Riviera 21
Azizi Developments L.L.C
Azizi Riviera 22
Azizi Developments L.L.C
Azizi Riviera 23
Azizi Developments L.L.C
Azizi Riviera 24
Azizi Developments L.L.C
Azizi Riviera 25
Azizi Developments L.L.C
Azizi Riviera 26
Azizi Developments L.L.C
Azizi Riviera 27
Azizi Developments L.L.C
Azizi Riviera 28
Azizi Developments L.L.C
Azizi Riviera 29
Azizi Developments L.L.C
Azizi Riviera 3
Azizi Developments L.L.C
Azizi Riviera 30
Azizi Developments L.L.C