Meydan City · Listing

Bright Studio | Open Kitchen | Great Investment | Apartment in Meydan City

AED 562,000

AED 1,198 per sqft

Permit Pending Verification

Bright Studio | Open Kitchen | Great Investment | Apartment in Meydan City

Meydan City, Dubai
5mo ago
1
Beds
1
Baths
469
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in The Galleries, Meydan City. This 469 sqft property offers excellent value at AED 562,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views28
Reference26cbbf87-5491-4754-ab0a-717ac1a62ef7

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

The Galleries

· Meydan City

Deal Score™

AI-powered price analysis vs DLD transactions

8.4/ 10
Great Deal19.1% below market

Priced at AED 1,198/sqft vs market avg of AED 1,482/sqft in Meydan City. This property is 19% below comparable DLD transactions — a strong investment opportunity.

Asking AED/sqft

AED 1,198

DLD Market Avg

AED 1,482

Avg

AED 771,944

Median

AED 740,500

Range

502K–1451K

DLD Benchmark
Property priceAED 562,000
DLD transfer fee (4%)AED 22,480
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 1,405
Agency commission (2%)AED 11,240
Total to acquireAED 601,325

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 1 rental comparables in Meydan City

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
8.75%
After charges
Estimated Rental Income
Monthly
AED 4,683
Annual
AED 56,200
Service Charge: AED 7,035/yr15 AED/sqft
AqarSouq AI service-charge estimatemedium confidence
AED 12–18/sqftannual

Area-level fallback: [object Object] · Mid-tier development with standard amenities and facilities typical of newer Dubai communities, moderate maintenance requirements.

Source: AqarSouq AI (Claude). Always verify with the OA / DLD Mollak schedule before transacting.

Capital Appreciation (Dubai)
vs Area Average64.1% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,626

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 112,400)
5%80%
4.99%
2%8%
Property PriceAED 562,000
Loan AmountAED 449,600
Total InterestAED 338,109
Total Cost (Principal + Interest)AED 787,709

Estimated Upfront Costs

Down PaymentAED 112,400
DLD Registration (4%)AED 22,480
Agency Fee (2%)AED 11,240
Total UpfrontAED 146,120

Recent Apartment Transactions

Similar apartments sold in Meydan City

AED 789K

Avg. Price

AED 1,491.88

Avg. /sqft

5

Transactions

AED 1.33M136.6% above this listing
11 Jun 2026 1 Bed 764 sqftAED 1,740/sqft
Completed Sale
AED 979K74.1% above this listing
12 May 2026 1 Bed 710 sqftAED 1,378/sqft
Completed Sale
AED 480K14.7% below this listing
11 Feb 2026 1 Bed 383 sqftAED 1,252/sqft
Completed Sale
AED 488K13.2% below this listing
12 Jan 2026 1 Bed 380 sqftAED 1,283/sqft
Completed Sale
AED 668K18.9% above this listing
12 Jan 2026 1 Bed 370 sqftAED 1,805/sqft
Completed Sale

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

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).

Call Agent