Learn more about the Meydan property market through trends and average prices.
How affordable is it to live in Meydan?
The median sales price is approximately AED2,900,000 in Meydan
The median price per square feet in Meydan is AED1,250
The Meydan area currently has 1,137 properties for sale
What is the average price of a Property in Meydan?
Meydan is an exclusive community, located in the heart of Dubai. It is considered to be one of the most sought-after areas in the city. Homebuyers will undoubtedly find exactly what they are looking for in the future house with numerous projects to select from inside the community. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister, and Ruler of Dubai, came up with the idea for Meydan. Since its inception in 2010, Meydan has drawn the attention of the entire world. The Meydan Racecourse is the focal point of Meydan and hosts a full season of outstanding horse racing, culminating in the Dubai World Cup, the world's most magnificent race day. Meydan City, which is defining Dubai's core, is the ideal location for a lavish lifestyle, sport, and business.
The Meydan Group's diverse portfolio includes much more than just the racetrack. Villas, townhouses, and flats are among the Meydan real estate projects, as well as Emirates Airline housing, which has 528 townhomes surrounded by shopping, beautiful green parks, and essential services. It's in Mohammed Bin Rashid City, which is considered a miniature city inside a city. Mohammed Bin Rashid Al Maktoum City District One is a 45 million square foot development with 7 kilometers of lagoons, 1100 acres of freehold land, and 14 kilometers of beachfront for leisure and family gatherings. Meydan One is the prime location for living, working, playing, dining, and shopping in Dubai. The Meydan Free Zone, which is located in the heart of the city, is home to enterprises from all over the world. Dubai provides worldwide free zone trade rights to enterprises in the heart of an economically prosperous society. Meydan, or Meydan City as it is often called, is a 40 million square foot development in Dubai that is presently under construction and at different phases of planning.
Popular Areas in Meydan
Meydan will provide an ideal lifestyle backed by a comprehensive range of amenities to over 80,000 inhabitants. The famous 711m tall Dubai One Skyscraper, which is planned to be the world's highest residential tower, Meydan One Mall, a five-star hotel, civic plaza with dancing water fountains and indoor sports facilities, and a marina are all part of the development. There are a variety of unique destinations within this luxurious neighborhood. Meydan Avenue is a mixed-use development that serves as Dubai's new heart. New living standards are within reach, thanks to the famous Grandstand and The Meydan Hotel at its core. The Meydan Hotel and the Bab Al Shams Desert Resort & Spa are the two most luxurious hotels in the Meydan Group's hospitality industry. Both have won prestigious awards throughout the world and provide unique experiences. The Meydan Hotel has excellent athletic facilities, including a nine-hole golf course named The Track, behind-the-scenes stable tours, and a famous tennis academy. Alternatively, tourists may take use of the District One jogging and cycle track for a better riding or running experience.
The Dubai One Tower, located in the Meydan neighborhood, is the world's highest residential tower, shattering all previous records. It is located near the Meydan One Marina Yacht Club and has a 675-meter high restaurant, a five-star hotel, 885 residential suites, and a conference center. In addition, if you want to spend a relaxing evening with your family, come to Al Quoz Pond Park in the nearby area. For visitors who want it all, Bab Al Shams Desert Resort & Spa is an urban sanctuary of Arabian hospitality, offering desert adventures, nature, genuine culinary experiences, and live entertainment. The Meydan Racecourse, which hosts a series of great horse-riding championships, is the city's main attraction. Race tracks and the Grandstand aren't the only places to go for amusement in this area. Around Meydan City, there is always something to do. While the Godolphin region has a thrilling entrance, homeowners may enjoy themselves within their gated communities as well.
Types of Property in Meydan
Meydan City was inaugurated in 2007, on the eve of the Dubai World Cup, with a number of noteworthy projects. Hotels and resorts, a sky bubble restaurant, entertainment clubs, a concourse plaza, skyscrapers, and a boat house were among the proposals. Since its beginning, Meydan One, Meydan Avenue, and Meydan Heights, to mention a few, have been created as creative sub-communities. Meydan Dubai is a contemporary society with a distinctive position on the emirate's map, aiming to provide an exceptional living experience and access to globally recognized athletic and entertainment events. From apartment complexes and hotel towers to villas and townhouses, Meydan City boasts a wide range of residential assets. Meydan Avenue also has a diverse range of commercial space.
The residential areas are built with an environmentally friendly waste management system in mind. When compared to other regions in Dubai, this is a competitive market. Investors have a variety of alternatives as well. They may purchase properties in Meydan City ranging from cozy flats to huge independent villas and townhouses constructed in a succession of identical units. Property for sale in Meydan City provides 1, 2, and 3-bedroom apartments to larger villa arrangements, making them ideal for singletons, couples, and families. The price of a one-bedroom flat in Dubai starts at around AED 1.2 million. The apartment buildings were recently constructed and have a spacious floor plan, guaranteeing that all services, such as security, elevators, health clubs, and swimming pools, are available at all times.
Lifestyle Factors in Meydan
Meydan wants to equal His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister, and Ruler of Dubai, in creating a city that will compete on a worldwide scale and draw people to its excellent living standards and diverse entertainment alternatives. Meydan is already regarded as one of Dubai's most highly awaited developments. Meydan Sobha Group's main goal is to bring the world closer to the Emirate of Dubai through a variety of international horse racing, entertainment and amusement services, commercial development, sports, hospitality, schools, hospitals, residential villa communities, and business towers with luxury shopping destinations and waterfront developments. Because of its strategic position, which provides easy access to many other significant neighborhoods and major roads in the emirate, Meydan City residential zones are among the most popular among Dubai expats. It's in a prime position, with easy access to Dubai's major roads, supermarkets within walking distance, a free gym and pool, and ample parking for residents and visitors. It's a secure bet for living here as a family.
Top Reasons to Invest in Meydan
Meydan is one of Dubai's most prominent projects, offering a variety of housing options. The city's infrastructure is well-planned, with a vast network of highways and bridges linking the various neighborhoods. Meydan, in comparison to other locations in Dubai, such as Marina or Creek Harbour, has the biggest benefit, with two motorways that are easily connected. Meydan is 15 minutes from Dubai Mall and Downtown Dubai, 10 minutes from Business Bay, and 20 minutes from Dubai International Airport, and is located in Nad Al Sheba beside Ras Al Khor Road and Dubai-Al Ain Road. The goal of the project was not to build a horse racing venue, but to build a city that is sustainable, ecologically conscious, and competitive with Dubai. The construction of a tramline, which will run from Meydan City to Meydan Racecourse and have a capacity of 10,000 people, is in the works. Public buses now run via numerous metro stations in and out of the city, however cabs remain the primary mode of transportation. Homeowners and visitors may use the mobile app to summon a taxi or use Uber or Careem to hire a premium car.