In the past year, the Dubai Land Department has recorded a total of 2,217 ready apartment sales in Meydan (Al Merkadh). The average sale price for these transactions reached AED 1,479,000, translating to approximately AED 1,969 per square foot.
During September 2026, Meydan (Al Merkadh) saw 152 ready sales, with the price per square foot at AED 1,965. This figure reflects a up 13.4% change from August.
Looking at the year-on-year data, transaction volume decreased by 11% compared to the previous 12 months, which had 2,489 sales. However, the average price has increased by 15.9%, indicating that while fewer deals are happening, prices are holding steady. This scenario often favors buyers who are well-prepared and ready to act rather than those who are merely speculating.
For those considering investment, the gross rental yields in this area hover around 6.9%, calculated from registered tenancy contracts relative to sale prices. The buyer profile is telling: 1-bedroom units account for 40% of transactions, studios for 33%, and 2-bedroom apartments for 21%. This trend shows that smaller, more liquid units are leading the market activity in Meydan (Al Merkadh).
Prices by unit type
| Unit type | Sales | Avg price | Avg PSF | Avg annual rent | Yield |
|---|---|---|---|---|---|
| Studio | 725 | AED 714,000 | AED 1,944 | AED 55,510 | 7.8% |
| 1 Bedroom | 886 | AED 1,302,000 | AED 1,938 | AED 89,165 | 6.8% |
| 2 Bedroom | 459 | AED 2,259,000 | AED 1,969 | AED 139,241 | 6.2% |
| 3 Bedroom | 121 | AED 3,524,000 | AED 2,035 | AED 196,781 | 5.6% |
| 4 Bedroom | 26 | AED 5,580,000 | AED 2,134 | — | — |
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)
| Month | Avg PSF | Change |
|---|---|---|
| Oct 2025 | AED 2,068 | — |
| Jan 2026 | AED 1,871 | -9.5% |
| Apr 2026 | AED 2,015 | +7.7% |
| Jul 2026 | AED 1,771 | -12.1% |
| Sep 2026 | AED 1,965 | +11.0% |
Five points from the same 12-month series as the sparkline (start, 3 / 6 / 9 months, latest). Change is versus the previous row.
Most active buildings
- Sobha Hartland - Crest Grande116 sales · AED 2,860,000 avg
- Sobha Hartland - The Crest Tower B79 sales · AED 1,542,000 avg
- Sobha Hartland - The Crest Tower C65 sales · AED 1,538,000 avg
- Sobha Hartland Waves62 sales · AED 1,411,000 avg
- Sobha Hartland - The Crest Tower A62 sales · AED 2,653,000 avg
Example: a 1-bedroom on a mortgage
On the average 1-bedroom price of AED 1,302,000, a 80% mortgage over 25 years at an illustrative 4.25% rate works out to roughly AED 5,643 per month. Your actual rate and instalment depend on your profile and lender.
What this means for your mortgage
We believe that with an average price of approximately AED 1,969 per square foot, Meydan (Al Merkadh) offers a viable entry point into central Dubai. However, the reduced transaction volume suggests that sellers may be more open to negotiation than the average price of AED 1,479,000 indicates. For instance, a typical one-bedroom unit at this price point would cost around AED 5,643 monthly on an 80% mortgage. Before you proceed with an offer, we strongly recommend using our mortgage eligibility calculator to determine your actual monthly costs. See also TruValue valuation (AED 599; AED 299 with partner coupon).
Order a TruValue valuation (AED 599)
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