Meydan One Market Report: October 2026
In October 2026, the median apartment price in Meydan One was AED 1,936 per sq ft, across 122 residential sales transactions worth AED 154 million, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
October 2026, compared with September 2026
- 122
- Residential sales transactions +35.6%
- AED154 million
- Sales value +46.1%
- AED1,936
- Apartments, median price per sq ft +0.9%
- 25%
- Off-plan share of sales 30 off-plan sales
- 677
- New lease registrations (Ejari) −13.9%
- AED131
- Apartment rent per sq ft, a year +4.2%
- 6.5%
- Gross rental yield, apartments −0.3 pts
Apartments, median price per sq ft
Apartment rent, median per sq ft a year
Apartment sales
Off-planReadyTotal sales
Apartment lease registrations
NewRenewedTotal lease registrations
Homes in Meydan One
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FAQ
How many residential sales transactions were recorded in Meydan One in October 2026?
Residential sales transactions in Meydan One totalled 122 in October 2026, worth AED 154 million. Sales rose 35.6% month-on-month. Off-plan sales accounted for 25% of the total and owner resales 48%.
What is the price per sq ft in Meydan One?
The median apartment price in Meydan One was AED 1,936 per sq ft in October 2026, across 122 sales; it rose 0.9% month-on-month, and was 17% above the Dubai median.
Are property prices in Meydan One going up or down?
The monthly median apartment price in Meydan One declined 4.1% between January 2026 and October 2026.
How much does a home in Meydan One cost by number of bedrooms?
In Meydan One in October 2026, median prices were AED 700,000 for a studio apartment (64 sales); AED 1.2 million for a 1-bedroom apartment (36 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| Studio | 64 | AED 700,000 | AED 2,028 |
| 1-bed | 36 | AED 1.2 million | AED 1,903 |
| ⚠2-bed | 18 | AED 1.9 million | AED 1,823 |
| ⚠3-bed | 4 | AED 2.4 million | AED 1,348 |
What is the average rent in Meydan One?
The median rental rate on new apartment lease registrations (Ejari) in Meydan One was AED 131 per sq ft a year in October 2026, across 677 registrations. 677 new leases and 196 renewals were registered with Ejari.
What is the rental yield in Meydan One?
The gross rental yield on ready apartments in Meydan One was 6.5% in October 2026, comparing median new rents with median ready sale prices per sq ft.
How much does property in Meydan One cost in US dollars?
The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in Meydan One in October 2026, the median apartment price of AED 1,936 per sq ft is approximately $527 per sq ft; the median new apartment rental rate of AED 131 per sq ft a year is approximately $36.
How does Meydan One compare with Dubai?
The median apartment price in Meydan One was 17% above the Dubai median in October 2026, at AED 1,936 per sq ft compared with AED 1,661.
| Measure | Meydan One | Dubai |
|---|---|---|
| Apartments, median per sq ft | AED 1,936 | AED 1,661 |
| New apartment rent, per sq ft a year | AED 131 | AED 95 |
| Gross yield, apartments | 6.5% | 6.9% |
| Off-plan share of sales | 25% | 59% |
Which buildings in Meydan One recorded the most sales?
Azizi Riviera Beachfront by Azizi recorded the most sales of any building in Meydan One in October 2026, with 36 sales worth AED 42.1 million.
| Building or sub-community | Developer | Sales | Value | Off-plan | Apartments, per sq ft |
|---|---|---|---|---|---|
| Azizi Riviera BeachfrontMeydan One | Azizi | 36 | AED 42.1 million | 0% | AED 2,178 |
| ⚠Azizi Riviera 66Meydan One | Azizi | 15 | AED 19.2 million | 100% | AED 1,344 |
| ⚠ِِAzizi Riviera 60Meydan One | Azizi | 7 | AED 10.9 million | 100% | AED 2,053 |
| ⚠Azizi Riviera 68Meydan One | Azizi | 5 | AED 10.6 million | 100% | AED 1,594 |
| ⚠Azizi Riviera 47Meydan One | Azizi | 5 | AED 3.6 million | 0% | AED 1,950 |
| ⚠Azizi Riviera 40Meydan One | Azizi | 3 | AED 3.7 million | 0% | AED 1,968 |
| ⚠Azizi Riviera ReveMeydan One | Azizi | 2 | AED 18.2 million | 100% | AED 2,933 |
| ⚠Azizi Riviera AzureMeydan One | Azizi | 2 | AED 3.3 million | 0% | AED 2,359 |
| ⚠Azizi Riviera 67Meydan One | Azizi | 2 | AED 2.2 million | 0% | AED 1,838 |
| ⚠Azizi Riviera 34Meydan One | Azizi | 2 | AED 2.1 million | 0% | AED 1,645 |
Which developers recorded the most off-plan sales in Meydan One?
Azizi recorded the most off-plan sales in Meydan One in October 2026, with 30 sales worth AED 61.3 million, accounting for 100% of off-plan sales.
| Developer | Off-plan sales | Value | Share of off-plan sales |
|---|---|---|---|
| Azizi | 30 | AED 61.3 million | 100% |
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). Meydan One Market Report: October 2026. Data: Dubai Land Department. Published 4 November 2026. https://richmondproperties.ae/insights/market-reports/meydan-one/2026-10. 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 October 2026, compared with September 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 4 November 2026. This report is for general information and is not financial or investment advice.