Modern 2 Bed | High Floor | Vacant | Apartment in Meydan City
AED 2,153,000

AED 1,840 per sqft

Permit Pending Verification

Modern 2 Bed | High Floor | Vacant | Apartment in Meydan City

Meydan City, Dubai
Listed 153 days ago
2
Beds
2
Baths
1,170
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in The Galleries, Meydan City. This 1170 sqft property offers excellent value at AED 2,153,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views110
Reference09d6ec4c-ffe6-44aa-a591-f8384ba2b79f

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
1
Waterfront
0

Nearby Amenities & Landmarks

Meydan City Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in Meydan City
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Deal Scoreâ„¢

AI-powered price analysis vs DLD transactions

5.1/ 10
Fair Price2.5% above market

Listed at AED 1,840/sqft against a 1,796/sqft market average in Meydan City. Priced 2% above recent transactions — fair but room for negotiation.

Price per sqft comparisonMeydan City · 2 BR apartment
AskingAED 1,840/sqft
DLD Market AvgAED 1,796/sqft

Price Transparency

Estimate
This listing
AED 1,840/sqft
Area benchmark unavailable
Asking priceAED 2,153,000
DLD transfer fee (4%)AED 86,120
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 4,327
Agency commission (2%)AED 43,060
Est. total transaction costAED 2,290,707

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Fair Market Price

Fair Market Price

Priced in line with the Meydan City market average of AED 1800/sqft.

Price per sqft comparisonMeydan City · 2 BR apartment
This PropertyAED 1,840/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

PropertyIndex.ae • Updated 2026-02-22

Meydan City Market Intelligence

Full Report
Avg Price/SqftAED 1,547
Active Listings35
Trenddown
Price History (per sqft)
AED 1,533
Dec
AED 1,500
Jan
AED 1,655
Feb
AED 1,461
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 1 rental comparables in Meydan City

Good Yield
Gross Yield
6.93%
Good Yield
Net Yield
6.11%
After charges
Estimated Rental Income
Monthly
AED 12,425
Annual
AED 149,097
Service Charge: AED 17,550/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average37.4% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 10,059

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 430,600)
5%80%
4.99%
2%8%
Property PriceAED 2,153,000
Loan AmountAED 1,722,400
Total InterestAED 1,295,284
Total Cost (Principal + Interest)AED 3,017,684

Estimated Upfront Costs

Down PaymentAED 430,600
DLD Registration (4%)AED 86,120
Agency Fee (2%)AED 43,060
Total UpfrontAED 559,780

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Recent Apartment Transactions

Similar apartments sold in Meydan City

AED 2.13M

Avg. Price

AED 1,572.86

Avg. /sqft

5

Transactions

AED 1.89M12.3% lower
16 Apr 2026 2 Bed 1,196 sqftAED 1,578/sqft
Completed Sale
AED 2.21M2.6% higher
17 Mar 2026 2 Bed 1,319 sqftAED 1,675/sqft
Completed Sale
AED 2.03M5.8% lower
15 Feb 2026 2 Bed 1,455 sqftAED 1,393/sqft
Completed Sale
AED 2.22M3.1% higher
17 Nov 2025 2 Bed 1,481 sqftAED 1,498/sqft
Completed Sale
AED 2.32M7.7% higher
17 Nov 2025 2 Bed 1,348 sqftAED 1,720/sqft
Completed Sale

Transactions shown are for similar apartments in Meydan City. Prices may vary based on floor, view, and finishing.