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Meydan One

المركاض

officially Al Merkadh · also covers Mbr District 1 / Sobha Heartland

Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Meydan One was AED 1,965/sqft over the 30 days to 7 October 2026, from 212 sales recorded so far.

Typical price per sqft

AED 1,965/sqft

30 days to 7 October 2026 · 212 sales

Price change over 96 months · ready homes

+35.6%

Pace, scaled up to a year · ready homes

+4%

Sold off-plan

24%

12 months to 7 October 2026 · 2,594 sales

Yield before costs

6.5%

Ready homes, 12 months to 7 October 2026 · 1,960 sales · 8,921 new lets

Mortgages per 100 resales

48

All years, 2018–2026 · 8,280 resales

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

A typical residential sale here was AED 1,400,000 for about 718 sqft in the 12 months to 7 October 2026 (2,594 sales); across all 32,794 recorded sales the typical price is AED 1,150,000.

Ready-home prices here have moved +35.6% across the 96 months (Oct 2018 – Oct 2026) of Land Department records we hold. That is a pace of +4% a year if it kept going.

That is all 96 months of records for this area, shown as a yearly pace. It averages over every rise and fall in that time, so it describes the long run rather than the market today. Treat it as history, not a forecast.

Off-plan and ready are different markets

24%
Sold off-plan
of 2,594 sales, 12 months to 7 October 2026

Off-plan

AED 2,115/sqft

634 sales, 12 months to 7 October 2026

AED 1,710/sqft

24,593 sales since 2015

Ready

AED 2,017/sqft

1,960 sales, 12 months to 7 October 2026

AED 1,879/sqft

8,201 sales since 2015

In the 12 months to 7 October 2026, across 2,594 sales (634 off-plan, 1,960 completed homes), off-plan sold 5% above completed homes here.

Across every recorded sale since 2015, off-plan sold 9% below completed homes here.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

What each size costs in Meydan One

Typical size and price for every bedroom count. A size with at least 15 recorded sales is well evidenced; a size with fewer is still shown, with a red (i) and the number of sales behind it. The Dubai Land Department records the number of bedrooms on nearly every sale, so these figures come from real sales, not estimates. The main price is for the last 12 months. The typical price across every sale on record sits under it.

Rent: the typical rent on new lets, matched by bedrooms or by size.

Apartments

SizeTypical floor areaPrice, last 12 months · ready and off-planPer sqft, all yearsTypical rentSales, all years
Studio351 sqft
AED 733,477
778 sales
all years AED 580,000
AED 1,627/sqftAED 50,000/yr
3,244 rent contracts
9,991
1 bed704 sqft
AED 1,441,980
1,034 sales
all years AED 1,200,000
AED 1,790/sqftAED 83,000/yr
3,566 rent contracts
14,082
2 beds1,188 sqft
AED 2,450,000
555 sales
all years AED 2,087,027
AED 1,850/sqftAED 130,000/yr
1,445 rent contracts
6,607
3 beds1,621 sqft
AED 3,357,436
154 sales
all years AED 2,999,331
AED 1,850/sqftAED 180,000/yr
372 rent contracts
1,777
4 beds2,355 sqft
AED 4,675,000
36 sales
all years AED 4,400,000
AED 1,850/sqftAED 250,000/yr
58 rent contracts
289
5 beds5,891 sqft
fewer than 10 sales in 12 months
all years AED 13.12M
AED 2,205/sqft—7

Villas and townhouses, as the Land Department records them

SizeTypical floor areaPrice, last 12 months · ready and off-planPer sqft, all yearsTypical rentSales, all years
4 beds2,183 sqft
AED 8,400,000
1 sale
all years AED 5,337,947
AED 2,397/sqftAED 710,000/yr
129 rent contracts
41

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.

What exists here, and who may own it

Most figures on this page are about sales and rents. This one counts what exists, not what sold: the units on the Land Department’s register.

Units on record

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

Typical size of the 26,114 units that record one.

By size of home

1 B/R11,008
Studio8,324
2 B/R5,147
3 B/R1,386
4 B/R239
5 B/R10

No villas in this register.

Dubai Land Department · unit register The Land Department's unit register · counts, not valuations. File dated 8 Oct 2026 · synced 9 Oct 2026.

Villas on the Land Department's register in Al Merkadh

The Land Department files these villas under its area Al Merkadh, which this page covers as Meydan One. Every villa record in that Land Department area is counted.

1,023 of the 1,050 villa records the Land Department lists in Al Merkadh stand alone on their plot with both sizes recorded; the other 27 share a plot with other building records or miss a size, and are not in these bands.

  • 4 bedrooms

    467 villas
    Plot
    typically 6,902 sqftmiddle half 6,018–7,815 sqft
    Built-up area
    typically 6,414 sqftmiddle half 5,055–6,484 sqft
  • 5 bedrooms

    365 villas
    Plot
    typically 8,612 sqftmiddle half 8,083–9,148 sqft
    Built-up area
    typically 7,856 sqftmiddle half 7,560–7,956 sqft
  • 6 bedrooms

    158 villas
    Plot
    typically 12,899 sqftmiddle half 12,159–14,589 sqft
    Built-up area
    typically 10,110 sqftmiddle half 9,681–10,204 sqft

Both figures are as the Land Department's files record them, for the same villas. On these villas the plot is typically 1.18 times the built-up area (middle half 1.05–1.25).

2 bedroom counts with too few villas to show
  • Fewer than 30 villas in Al Merkadh at 7 bedrooms stand alone on their plot with both sizes recorded (26 of the 26 villa records the Land Department lists there), so no band is shown.
  • Fewer than 30 villas in Al Merkadh at 8 bedrooms stand alone on their plot with both sizes recorded (7 of the 7 villa records the Land Department lists there), so no band is shown.

In the Land Department's buildings file dated 5 Oct 2026 and in the Land Department's land register dated 10 Oct 2026.

Dubai Land Department · building register The Land Department's buildings file · each villa record's built-up area and bedrooms, as recorded. File dated 5 Oct 2026 · synced 5 Oct 2026.

Dubai Land Department · land register The Land Department's land register · the plot a villa stands alone on, as the Municipality measures it · no owner. File dated 10 Oct 2026 · synced 11 Oct 2026.

Get an independent report on a villa →

Rental market

From 12,087 Ejari rent contracts , last 12 months. These are the rents tenants agreed to pay, not advertised rents.

Typical yearly rent

AED 76,000/yr

for ~570 sqft

Rent per sqft

AED 131/sqft

per year

Renewals

26%

of contracts

Contracts

12,087

last 12 months

What it costs to rent here

Typical yearly rent, by size of home. Each group's bars are measured against its own largest rent.

Apartments

  • StudioAED 50,000/yr
  • 1 bedAED 83,000/yr
  • 2 bedsAED 130,000/yr
  • 3 bedsAED 180,000/yr
  • 4 bedsAED 250,000/yr

Villas and townhouses, as the Land Department records them

  • 4 bedsAED 710,000/yr

Matched by number of bedrooms where Ejari records one (most contracts do), and by floor area where it does not. The table below says which for each row.

Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.

What it returns

A year of rent compared with what completed homes of that size actually sold for in Meydan One over the same twelve months. Rents come from Ejari rent contracts and prices from recorded sales. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium. A red (i) marks a figure that rests on few records, with how many.

Apartments

SizePrice now, ready homesRents forYield before costsReady sales, 12 months
StudioAED 693.25KAED 50,000/yrby bedroom · 3,244 new lets7.2%616
1 bedAED 1.34MAED 83,000/yrby bedroom · 3,566 new lets6.2%768
2 bedsAED 2.3MAED 130,000/yrby bedroom · 1,445 new lets5.7%412
3 bedsAED 3.3MAED 180,000/yrby bedroom · 372 new lets5.5%105
4 bedsAED 4.75MAED 250,000/yrby bedroom · 58 new lets5.3%26

Villas and townhouses, as the Land Department records them

SizePrice now, ready homesRents forYield before costsReady sales, 12 months
4 bedsAED 8.4M1 saleAED 710,000/yrby bedroom · 129 new lets8.5%1

Among the sizes with enough sales, the highest yield before costs here is on a studio at 7.2%. Studio apartments here yield more than 4-bedroom apartments: 7.2% against 5.3%.

Why this is lower than yields quoted elsewhere

The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 580K), a studio here reads 8.6% instead of 7.2%. The yield in the table above uses the AED 693.25K 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 typical owners’ association budget in this area — AED 27/sqft across 44 projects, recorded for 2026. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.

SizeCharge / yearRent after itYield before costsYield after service charge
StudioAED 9,434AED 40,5667.2%5.9%
1 bedAED 18,931AED 64,0696.2%4.8%
2 bedsAED 31,952AED 98,0485.7%4.3%
3 bedsAED 43,615AED 136,3855.5%4.1%
4 bedsAED 63,356AED 186,6445.3%3.9%

Only the service charge is taken off.

A separate reserve-fund line appears in 44 of the 44 project budgets counted together here; the middle of those is AED 1/sqft.

Yield before costs: a year of rent as a share of the price.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.

Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.

Common questions about Meydan One

How much is rent in Meydan One?

The typical rent (the median: half of the rent contracts were above this, half below) in Meydan One is AED 50,000/yr for a studio, AED 83,000/yr for a 1-bedroom, AED 130,000/yr for a 2-bedroom and AED 180,000/yr for a 3-bedroom. These rents come from the rent contracts recorded in Ejari (Dubai's rent registration system) in Meydan One over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Each 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 on this page says which.

How much do properties cost in Meydan One?

The typical price (the median: half sold for more than this, half for less) for residential sales in Meydan One was AED 1,965/sqft over the 30 days to 7 October 2026, from the 212 sales recorded so far for those days. Late records are still arriving, so that count can grow. Over the 12 months to 7 October 2026, homes here typically sold for about AED 1.4M and measured about 718 sqft (2,594 sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices.

What rental yield does Meydan One give?

The yield before costs on ready homes in Meydan One is about 7.2% on a studio apartment, 6.2% on a 1-bedroom apartment, 5.7% on a 2-bedroom apartment and 5.5% on a 3-bedroom apartment. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Studio apartments here yield more than 4-bedroom apartments: 7.2% against 5.3%. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.

Is Meydan One freehold?

Yes. Every unit in Meydan One whose ownership type 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.

How have property prices in Meydan One changed over the last two years?

The typical price (the median: half sold for more than this, half for less) of ready homes in Meydan One was AED 1,917/sqft in Q3 2026 (456 sales), against AED 1,851/sqft in Q4 2024 (608 sales). That is a change of +3.6% across those quarters. By quarter, the typical price of ready homes was 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 and AED 1,917/sqft in Q3 2026. Off-plan sales had a typical price of AED 2,217/sqft in Q3 2026 (185 sales) and are never counted together with ready homes here. These are typical prices of recorded sales, not a price index: a quarter's move against the one before it partly reflects which homes sold.

Is Meydan One mostly off-plan or completed homes?

24% of the 2,594 sales recorded in Meydan One in the 12 months to 7 October 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. The two sell at different prices, so one price per square foot for both together would describe neither.

Prices by quarter, Q4 2024 to Q3 2026

Typical sale price per sqft in Meydan One, by calendar quarter of the sale date, with ready homes and off-plan sales kept apart. Only complete quarters are shown. A quarter with 60 or more sales is well evidenced; one with fewer is still shown, with a red (i) and the number of sales, and no change against a year earlier is worked out from it.

QuarterReady homes · typical price per sqftvs a year earlierOff-plan · typical price per sqft
Q4 2024AED 1,851/sqft608 sales+1.3%AED 2,271/sqft644 registrations
Q1 2025AED 1,928/sqft516 sales+8.4%AED 2,120/sqft203 registrations
Q2 2025AED 2,077/sqft725 sales+12.6%AED 2,044/sqft180 registrations
Q3 2025AED 2,071/sqft602 sales+16.5%AED 2,105/sqft108 registrations
Q4 2025AED 2,089/sqft609 sales+12.8%AED 2,051/sqft138 registrations
Q1 2026AED 2,071/sqft541 sales+7.4%AED 2,076/sqft109 registrations
Q2 2026AED 1,970/sqft366 sales-5.1%AED 2,125/sqft202 registrations
Q3 2026AED 1,917/sqft456 sales-7.4%AED 2,217/sqft185 registrations

Ready-home typical price +3.6% from Q4 2024 (AED 1,851/sqft, 608 sales) to Q3 2026 (AED 1,917/sqft, 456 sales).

The typical price moves with the mix of homes that sold, not only with prices.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Typical price per sqft, month by month

Ready and off-plan together · the newest month is still filling up.

AED 2,158/sqftNov 2015Oct 2026

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Mortgage registrations in Meydan One

There were 1,395 mortgage registrations here in the 12 months to 7 October 2026. That is the date of the newest mortgage registration in our Dubai-wide records. These count registrations, not buyers. The register records each loan on its own and does not link it to a sale, so we cannot tell you what share of purchases were paid for with a mortgage.

  • 1,102 new registrations
  • 168 delayed, on off-plan
  • 39 modifications
  • 27 lease finance
  • 2 pre-registrations
  • 20 portfolio registrations
  • 37 other types

A modification or a transfer is not a new purchase.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Valuations recorded here

Counted from the Land Department's valuations file dated 10 Oct 2026, over the 12 months to 9 Oct 2026.

  • flats29 valuationsThe Land Department's valuations file dated 10 Oct 2026 records 29 valuations of flats in Meydan One in the 12 months to 9 Oct 2026.
  • Fewer than 20 valuations of villas were recorded in Meydan One in the 12 months to 9 Oct 2026, so Keyva shows no count.

A valuation here is an appraisal recorded with the Land Department. It is not a price anyone paid, and the file does not say why each one was recorded. Keyva shows the count and no value.

Dubai Land Department · valuation records Land Department valuations counted as recorded, per property sub-type, in the 12 months to 9 Oct 2026, with a count shown only from 20 valuations · counts, never a price. File dated 10 Oct 2026 · synced 11 Oct 2026.

Areas at a similar price

Closest to Meydan One on typical price per sqft, each over the same 30 days.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Dubai Land Department · area codes The Land Department's own area names and codes. File dated 2 Oct 2026 · synced 3 Oct 2026.

Buildings in Meydan One

Each has at least twenty sales on record, so its own typical price means something. Ordered by how many sales each has had, most first.

Every building in Meydan One

Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Projects in Meydan One · 122 recorded

Azizi Riviera 1

Azizi Developments L.L.C

AED 2,175/sqft

Feb 2026 · 6 home sales

Azizi Riviera 10

Azizi Developments L.L.C

AED 1,829/sqft

Sep 2026 · 1 home sale

Azizi Riviera 11

Azizi Developments L.L.C

AED 1,669/sqft

Jul 2026 · 3 home sales

Azizi Riviera 12

Azizi Developments L.L.C

AED 1,752/sqft

Aug 2026 · 1 home sale

Azizi Riviera 13

Azizi Developments L.L.C

AED 1,839/sqft

Aug 2026 · 1 home sale

Azizi Riviera 14

Azizi Developments L.L.C

AED 1,907/sqft

Oct 2025 · 8 home sales

Azizi Riviera 15

Azizi Developments L.L.C

AED 1,918/sqft

Aug 2026 · 1 home sale

Azizi Riviera 16

Azizi Developments L.L.C

AED 1,986/sqft

Jul 2026 · 5 home sales

Azizi Riviera 17

Azizi Developments L.L.C

AED 1,629/sqft

Sep 2026 · 2 home sales

Azizi Riviera 18

Azizi Developments L.L.C

AED 1,778/sqft

1–7 Oct 2026 · 1 home sale

Azizi Riviera 19

Azizi Developments L.L.C

AED 2,309/sqft

Aug 2026 · 1 home sale

Azizi Riviera 2

Azizi Developments L.L.C

AED 1,957/sqft

Mar 2026 · 1 home sale

Azizi Riviera 20

Azizi Developments L.L.C

AED 1,599/sqft

Sep 2026 · 1 home sale

Azizi Riviera 21

Azizi Developments L.L.C

AED 1,840/sqft

Jul 2026 · 1 home sale

Azizi Riviera 22

Azizi Developments L.L.C

AED 1,640/sqft

Sep 2026 · 1 home sale

Azizi Riviera 23

Azizi Developments L.L.C

AED 1,782/sqft

Jul 2026 · 5 home sales

Azizi Riviera 24

Azizi Developments L.L.C

AED 1,712/sqft

Jul 2026 · 1 home sale

Azizi Riviera 25

Azizi Developments L.L.C

AED 1,725/sqft

Aug 2026 · 1 home sale

Azizi Riviera 26

Azizi Developments L.L.C

AED 1,648/sqft

Jul 2026 · 4 home sales

Azizi Riviera 27

Azizi Developments L.L.C

AED 1,701/sqft

Sep 2026 · 1 home sale

Azizi Riviera 28

Azizi Developments L.L.C

AED 526/sqft

Aug 2026 · 1 home sale

Azizi Riviera 29

Azizi Developments L.L.C

AED 1,895/sqft

Aug 2026 · 1 home sale

Azizi Riviera 3

Azizi Developments L.L.C

AED 1,780/sqft

Sep 2026 · 2 home sales

Azizi Riviera 30

Azizi Developments L.L.C

AED 1,724/sqft

Sep 2026 · 1 home sale

See all 122 projects in Meydan One →

Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Seen a listing for this?

Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.