Over the 12 months to July 2026, Dubai Land Department records show count: 1,934 ready apartment sales in area: Meydan (Al Merkadh) in the secondary market for existing properties. The average sale price was amount: AED 1,439,000, which equates to about amount: AED 2,027 per square foot.
Against the previous 12-month period, activity was lower, with transaction volume down percent: 24% from count: 2,537 sales. Even so, average pricing increased by percent: 14.8% year on year, pointing to a market where deal flow has eased but values have remained resilient.
For investors, gross rental yields are running at around percent: 6.8%, based on registered tenancy contracts relative to sale prices. The profile of completed deals also shows where demand is concentrated: 1 bedroom 39%, studio 36%, 2 bedroom 20%. In practice, smaller and typically more liquid units continue to account for most apartment transactions in area: Meydan (Al Merkadh).
Prices by unit type
| Unit type | Sales | Avg price | Avg PSF | Avg annual rent | Yield |
|---|---|---|---|---|---|
| Studio | 687 | AED 725,000 | AED 2,009 | AED 54,398 | 7.5% |
| 1 Bedroom | 755 | AED 1,328,000 | AED 2,030 | AED 88,534 | 6.7% |
| 2 Bedroom | 391 | AED 2,266,000 | AED 2,031 | AED 138,169 | 6.1% |
| 3 Bedroom | 95 | AED 3,624,000 | AED 2,084 | AED 196,247 | 5.4% |
| 4 Bedroom | 6 | AED 8,485,000 | AED 2,707 | AED 764,437 | 9.0% |
Averages from DLD ready (Existing Properties) sales and registered tenancy contracts over the trailing 12 months. Yield is indicative gross rent ÷ price.
Average price trend (12 months)
Most active buildings
- Sobha Hartland - The Crest Tower B99 sales · AED 1,557,000 avg
- Sobha Hartland - The Crest Tower C82 sales · AED 1,537,000 avg
- Sobha Hartland - The Crest Tower A71 sales · AED 2,625,000 avg
- Sobha Creek Vistas ? Tower A67 sales · AED 1,155,000 avg
- Sobha Creek Vistas Grande61 sales · AED 2,411,000 avg
Example: a 1-bedroom on a mortgage
On the average 1-bedroom price of AED 1,328,000, a 80% mortgage over 25 years at an illustrative 4.25% rate works out to roughly AED 5,755 per month. Your actual rate and instalment depend on your profile and lender.
What this means for your mortgage
Our view is that, at around amount: AED 2,027 per square foot, area: Meydan (Al Merkadh) still offers a relatively accessible route into central Dubai. With volume softer, however, we would expect sellers to be more flexible than the headline average of amount: AED 1,439,000 might imply. As a broad guide, the average one-bedroom at this level comes to about amount: AED 5,755 a month on an 80% mortgage. Before making an offer, we suggest checking your figures with our mortgage eligibility calculator so you have a clear view of your likely monthly cost, and we can also run a free desktop valuation on a specific building for you.