Community · #28 by 12M value

Meydan City

Median price per sqft · last 3 months

AED 3,451 /sqft

3M like-for-like: down 1.1%
vs 1 year ago: up 35.5%
Sales 30D: 113

Market bulletin · Thu, 22 Oct 2026

Meydan City: median AED 3,451/sqft, down 1.1% over three months on 300 sales

Meydan City recorded 113 sales worth AED 232M in the 30 days to Thu, 22 Oct 2026, up 222.9% on the previous 30 days. Over the last week 15 sales were registered (AED 36.3M), against 35 the week before.

The median sale over the last three months was AED 1.39M, or AED 3,451/sqft — like-for-like prices per sqft down 1.1% on the previous three months and up 35.5% on a year earlier. Monthly medians over the past year ranged from AED 1,862/sqft to AED 3,621/sqft.

By market over 12 months: developer off-plan sales 85.4%, off-plan resales 2%, secondary (ready) sales 12.6%. Off-plan resales traded at a median 8.4% premium to developer prices per sqft.

Mercedes Benz Places Binghatti City Tower 4 - Maybach 6 Tower A was the most active project by value over 12 months (219 sales, AED 851M), and Binghatti the leading developer with 61.7% of value.

Leases registered in the last three months had a median annual rent of AED 105K; like-for-like rent per sqft is down 1.3% on the previous three months. The best gross yield is on 1 BR apartments at about 6.5%.

Median AED/sqft

Monthly median of all registered sales

View data table

Median AED/sqft
Date	AED/sqft
Oct 26	AED 3,462
Sept 26	AED 3,021
Aug 26	AED 3,451
Jul 26	AED 3,453
Jun 26	AED 3,512
May 26	AED 2,292
Apr 26	AED 3,440
Mar 26	AED 3,537
Feb 26	AED 3,621
Jan 26	AED 2,523
Dec 25	AED 2,202
Nov 25	AED 1,862
Oct 25	AED 2,500
Sept 25	AED 1,734
Aug 25	AED 1,585
Jul 25	AED 2,050
Jun 25	AED 1,500
May 25	AED 1,585
Apr 25	AED 1,499
Mar 25	AED 1,378
Feb 25	AED 1,410
Jan 25	AED 1,389
Dec 24	AED 1,352
Nov 24	AED 1,418

Off-plan vs resale vs secondary

Monthly median AED/sqft by market (months with 10+ sales)

View data table

Off-plan vs resale vs secondary
Date	Off-plan (developer)	Off-plan resale	Secondary (ready)
Oct 26	AED 3,484	—	—
Sept 26	AED 3,326	—	—
Aug 26	AED 3,487	—	—
Jul 26	AED 3,549	—	AED 1,558
Jun 26	AED 3,544	—	—
May 26	—	—	—
Apr 26	AED 3,673	—	AED 1,484
Mar 26	AED 3,544	—	—
Feb 26	AED 3,620	AED 3,919	—
Jan 26	AED 3,392	—	AED 1,558
Dec 25	AED 2,287	—	AED 1,620
Nov 25	AED 2,473	—	AED 1,545
Oct 25	AED 2,500	—	AED 1,620
Sept 25	AED 2,500	—	AED 1,505
Aug 25	AED 2,500	—	AED 1,354
Jul 25	AED 2,509	—	AED 1,463
Jun 25	AED 1,500	—	AED 1,504
May 25	AED 1,625	—	AED 1,542
Apr 25	—	—	AED 1,320
Mar 25	—	—	AED 1,369
Feb 25	—	—	AED 1,351
Jan 25	AED 1,734	—	AED 1,171
Dec 24	—	—	AED 1,323
Nov 24	AED 1,747	—	AED 1,213

Sales per month

Registered sales by market

View data table

Sales per month
Date	Off-plan (developer)	Off-plan resale	Secondary (ready)
Oct 26	97	0	6
Sept 26	33	1	6
Aug 26	59	1	6
Jul 26	109	2	12
Jun 26	96	1	8
May 26	9	0	4
Apr 26	133	2	68
Mar 26	163	3	6
Feb 26	418	14	8
Jan 26	66	4	20
Dec 25	35	1	13
Nov 25	21	0	22

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
Window	Sales	vs prior	vs 1Y ago	Value	vs prior	AED/sqft	vs prior	vs 1Y ago
Last 1 month	113	up 222.9%	up 88.3%	AED 232M	up 180.6%	3,440	up 33.9%	up 37.6%
Last 3 months	300	up 60.4%	up 44.2%	AED 610M	up 42.6%	3,451	up 3.3%	up 91.9%
Last 6 months	487	down 49.4%	up 48.5%	AED 1.04B	down 59.9%	3,416	down 3.3%	up 105.9%
Last 12 months	1,455	up 114.6%	up 114.6%	AED 3.64B	up 65.3%	3,497	up 132.7%	up 132.7%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
Market	Sales	Share	Median price	AED/sqft	1Y
Off-plan (developer)	1,242	85%	AED 1.41M	3,546	up 41.8%
Off-plan resale	29	2%	AED 1.42M	3,843	up 53.7%
Secondary (ready)	184	13%	AED 2.46M	1,601	up 16.9%

By bedrooms (12M)
Bedrooms	Sales	Share	Median price	AED/sqft	1Y
Studio	755	52%	AED 1.37M	3,570	—
1 bedroom	393	27%	AED 2.32M	3,610	up 140.8%
2 bedrooms	231	16%	AED 3.20M	2,528	up 68.6%
3 bedrooms	41	3%	AED 4.99M	2,500	up 40.8%
4 bedrooms	22	2%	AED 5.90M	1,618	up 7.2%
5+ bedrooms	10	1%	AED 12.7M	1,967	up 35.8%

By property type (12M)
Type	Sales	Share	Median price	AED/sqft	1Y
Apartments	1,419	98%	AED 1.41M	3,510	up 133.2%
Villas	27	2%	AED 7.00M	1,632	up 10.9%
Townhouses	6	0%	AED 5.60M	1,829	up 34.6%
Plots	3	0%	—	—	—

By price band (12M)
Price	Sales	Share	Median price	AED/sqft	1Y
Under AED 2M	888	61%	AED 1.37M	3,536	up 162.7%
AED 2M–10M	556	38%	AED 2.52M	3,338	up 94.4%
AED 10M–50M	8	1%	AED 12.7M	1,967	up 15.9%
AED 50M+	3	0%	—	—	—

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table

Median annual rent
Date	Annual rent
Oct 26	AED 105K
Sept 26	AED 100K
Aug 26	AED 110K
Jul 26	AED 100K
Jun 26	AED 100K
May 26	AED 110K
Apr 26	AED 108K
Mar 26	AED 107K
Feb 26	AED 108K
Jan 26	AED 107K
Dec 25	AED 110K
Nov 25	AED 99K
Oct 25	AED 106K
Sept 25	AED 99K
Aug 25	AED 109K
Jul 25	AED 102K
Jun 25	AED 107K
May 25	AED 90K
Apr 25	AED 95K
Mar 25	AED 105K
Feb 25	AED 105K
Jan 25	AED 109K
Dec 24	AED 108K
Nov 24	AED 110K

Leases (12M): 1,704
New leases: 44.2%
Median rent 3M: AED 105K
Rent/sqft 3M: AED 87

Gross yield
1 BR apartments	AED 77K / AED 1.19M	6.5%
2 BR apartments	AED 120K / AED 2.52M	4.8%
3 BR apartments	AED 146K / AED 4.16M	3.5%
4 BR villas & townhouses	AED 300K / AED 5.83M	5.2%
5+ BR villas & townhouses	AED 600K / AED 12.5M	4.8%

Rent by bedrooms (12M)
Bedrooms	Leases	Median rent	New leases	AED/sqft/yr
1 BR	552	AED 77K	AED 80K	94
2 BR	469	AED 120K	AED 125K	87
3 BR	102	AED 155K	AED 220K	79
4 BR	103	AED 300K	AED 300K	82
5+ BR	56	AED 600K	AED 605K	93

Top projects

By sales value, last 12 months

Top projects
Project	Sales 12M	Value 12M	AED/sqft	3M
Mercedes Benz Places Binghatti City Tower 4 - Maybach 6 Tower AMeydan City	219	AED 851M	3,550	down 2.8%
Mercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower BMeydan City	404	AED 745M	3,469	down 4.0%
Mercedes Benz Places Binghatti City Tower 3 - Maybach Ultimate Luxury Tower BMeydan City	154	AED 268M	3,601	up 2.2%
Mercedes Benz Places Binghatti City Tower 1 - Project MaybachMeydan City	137	AED 252M	3,345	—
Grand ViewsMeydan City	23	AED 168M	—	—
The Polo Residences A3Meydan City	59	AED 120M	—	—
Mercedes Benz Places Binghatti City Tower 2 - Maybach Ultimate Luxury Tower AMeydan City	47	AED 114M	3,669	—
Emerge ResidencesMeydan City	39	AED 98.2M	—	—
Tonino Lamborghini 3Meydan City	31	AED 92.2M	—	—
Tonino Lamborghini 2Meydan City	24	AED 75.0M	—	—
Maybach 6 - TOWER AMeydan City	44	AED 72.2M	—	—
Maybach 6 - TOWER BMeydan City	40	AED 69.4M	—	—
Tonino Lamborghini 1Meydan City	19	AED 63.0M	—	—
Millennium EstatesMeydan City	3	AED 56.1M	—	—
Tonino Lamborghini 4Meydan City	19	AED 53.5M	—	—

Developers in Meydan City

Their sales here only, last 12 months

Top developers
Developer	Sales 12M	Value 12M	AED/sqft	Share
Binghatti	781	AED 1.93B	3,600	61.7%
Gulf Land Property Developers	93	AED 284M	2,517	9%
Invest Group Overseas (IGO)	100	AED 227M	1,541	7.2%
G&Co Real Estate Development	26	AED 225M	1,631	7.2%
API Al Ali Property Investment	2	AED 142M	—	4.5%
Elysian Luxury Real Estate Development	39	AED 98.2M	2,258	3.1%
Ermak Development	15	AED 38.9M	2,196	1.2%
Eminent Real Estate Development	13	AED 32.0M	2,082	1%
Elton Real Estate Development	16	AED 28.3M	2,030	0.9%
Soboh Development	13	AED 24.2M	1,569	0.8%

Similarly priced communities

Compare

Communities with the closest 12-month median AED/sqft

Peers
Name	Sales 12M	Value 12M	AED/sqft	3M
Palm Jebel Ali	584	AED 9.26B	3,554	up 3.0%
Zaabeel First	77	AED 471M	3,471	—
Palm Jumeirah	949	AED 12.11B	3,262	up 4.5%
Al Wasl	830	AED 4.67B	3,158	up 0.8%
Zaabeel Second	76	AED 601M	3,687	—
The Meadows	55	AED 702M	3,043	—
Dubai Maritime City	2,443	AED 6.61B	3,215	up 4.1%
Dubai Design District	436	AED 1.78B	3,179	down 1.5%

Biggest sales, last 3 months

Biggest sales in Meydan City
Price	Property	AED/sqft	Market	Date
AED 11.3M	5+ BR Villa · 6,439 sqftGrand Views	1,747	Secondary (ready)	16 Oct
AED 10.5M	5+ BR Villa · 6,439 sqftGrand Views	1,631	Secondary (ready)	10 Aug
AED 10.1M	5+ BR Villa · 6,439 sqftGrand Views	1,569	Secondary (ready)	21 Sept
AED 6.73M	3 BR Apartment · 2,566 sqftMercedes Benz Places Binghatti City Tower 6 - Vision Iconic	2,623	Off-plan (developer)	23 Sept
AED 5.67M	3 BR Apartment · 1,548 sqftMercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B	3,662	Off-plan (developer)	12 Aug
AED 5.31M	3 BR Apartment · 1,282 sqftMercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B	4,146	Off-plan (developer)	3 Aug

Questions about Meydan City

What is the average price per sqft in Meydan City?

The median sale price in Meydan City over the last three months was AED 3,451 per sqft (median sale AED 1.39M), based on 300 sales registered with Dubai Land Department.

Are property prices in Meydan City going up?

Like-for-like prices per sqft are up 35.5% on a year earlier and down 1.1% on the previous three months.

How many properties were sold in Meydan City in the last year?

1,455 sales worth AED 3.64B were registered in the last 12 months: 85% developer off-plan, 2% off-plan resales and 13% secondary (ready) sales.

What is the average rent in Meydan City?

The median annual rent on leases registered in the last three months was AED 105K, and the best gross rental yield is about 6.5%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

BT AI Market Desk

Get every brief in your inbox

Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.

Create free account iOS app Android app