Meydan One Market Report: Q3 2026
In Q3 2026, the median apartment price in Meydan One was AED 2,056 per sq ft, across 341 residential sales transactions worth AED 438 million, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
Q3 2026, compared with Q2 2026
- 341
- Residential sales transactions +12.9%
- AED438 million
- Sales value +2.5%
- AED2,056
- Apartments, median price per sq ft −2.4%
- 43%
- Off-plan share of sales 146 off-plan sales
- 1,843
- New lease registrations (Ejari) +95.9%
- AED125
- Apartment rent per sq ft, a year −1.1%
- 6.7%
- 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 Q3 2026?
Residential sales transactions in Meydan One totalled 341 in Q3 2026, worth AED 438 million. Sales rose 12.9% quarter-on-quarter. Off-plan sales accounted for 43% of the total and owner resales 45%.
What is the price per sq ft in Meydan One?
The median apartment price in Meydan One was AED 2,056 per sq ft in Q3 2026, across 341 sales; it declined 2.4% quarter-on-quarter, and was 22% above the Dubai median.
Are property prices in Meydan One going up or down?
The median apartment price in Meydan One declined 1.1% between Q1 2026 and Q3 2026, from AED 2,079 to AED 2,056 per sq ft.
| Quarter | Sales | Value | Apartments, per sq ft | Villas, median | New lease registrations | Apartment rent, per sq ft | Gross yield |
|---|---|---|---|---|---|---|---|
| Q1 2026 | 289 | AED 321 million | AED 2,079 | – | 912 | AED 155 | 7.5% |
| Q2 2026 | 302 | AED 427 million | AED 2,106 | – | 941 | AED 126 | 6.5% |
| Q3 2026 | 341 | AED 438 million | AED 2,056 | – | 1,843 | AED 125 | 6.7% |
How much does a home in Meydan One cost by number of bedrooms?
In Meydan One in Q3 2026, median prices were AED 760,000 for a studio apartment (185 sales); AED 1.5 million for a 1-bedroom apartment (114 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| Studio | 185 | AED 760,000 | AED 2,062 |
| 1-bed | 114 | AED 1.5 million | AED 2,029 |
| 2-bed | 35 | AED 2.5 million | AED 2,044 |
| ⚠3-bed | 7 | AED 4.9 million | AED 2,899 |
What is the average rent in Meydan One?
The median rental rate on new apartment lease registrations (Ejari) in Meydan One was AED 125 per sq ft a year in Q3 2026, across 1,841 registrations. 1,843 new leases and 512 renewals were registered with Ejari.
What is the rental yield in Meydan One?
The gross rental yield on ready apartments in Meydan One was 6.7% in Q3 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 Q3 2026, the median apartment price of AED 2,056 per sq ft is approximately $560 per sq ft; the median new apartment rental rate of AED 125 per sq ft a year is approximately $34.
How does Meydan One compare with Dubai?
The median apartment price in Meydan One was 22% above the Dubai median in Q3 2026, at AED 2,056 per sq ft compared with AED 1,692.
| Measure | Meydan One | Dubai |
|---|---|---|
| Apartments, median per sq ft | AED 2,056 | AED 1,692 |
| New apartment rent, per sq ft a year | AED 125 | AED 94 |
| Gross yield, apartments | 6.7% | 6.8% |
| Off-plan share of sales | 43% | 69% |
Which buildings in Meydan One recorded the most sales?
Azizi Riviera 68 by Azizi recorded the most sales of any building in Meydan One in Q3 2026, with 39 sales worth AED 54.1 million.
| Building or sub-community | Developer | Sales | Value | Off-plan | Apartments, per sq ft |
|---|---|---|---|---|---|
| Azizi Riviera 68Meydan One | Azizi | 39 | AED 54.1 million | 100% | AED 2,031 |
| Azizi Riviera ReveMeydan One | Azizi | 33 | AED 100 million | 100% | AED 3,007 |
| ⚠Azizi Riviera BeachfrontMeydan One | Azizi | 26 | AED 25.6 million | 0% | AED 2,050 |
| ⚠Azizi Riviera 50Meydan One | Azizi | 24 | AED 34.4 million | 100% | AED 2,237 |
| ⚠Azizi Riviera 49Meydan One | Azizi | 22 | AED 31.1 million | 100% | AED 2,357 |
| ⚠ِِAzizi Riviera 60Meydan One | Azizi | 18 | AED 25.1 million | 100% | AED 2,248 |
| ⚠Azizi Riviera 69Meydan One | Azizi | 11 | AED 24.3 million | 0% | AED 2,054 |
| ⚠Azizi Riviera 47Meydan One | Azizi | 10 | AED 8.8 million | 0% | AED 2,119 |
| ⚠Azizi Riviera 41Meydan One | Azizi | 10 | AED 8.3 million | 0% | AED 1,932 |
| ⚠Azizi Riviera 23Meydan One | Azizi | 9 | AED 6.8 million | 0% | AED 1,735 |
Which developers recorded the most off-plan sales in Meydan One?
Azizi recorded the most off-plan sales in Meydan One in Q3 2026, with 146 sales worth AED 255 million, accounting for 100% of off-plan sales.
| Developer | Off-plan sales | Value | Share of off-plan sales |
|---|---|---|---|
| Azizi | 146 | AED 255 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: Q3 2026. Data: Dubai Land Department. Published 2 November 2026. https://richmondproperties.ae/insights/market-reports/meydan-one/2026-q3. 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 Q3 2026 (July to September), compared with Q2 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 2 November 2026. This report is for general information and is not financial or investment advice.