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
Listed 121 days 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
Views20
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

Deal Scoreâ„¢

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.

Price per sqft comparisonMeydan City · 1 BR apartment
AskingAED 1,198/sqft
DLD Market AvgAED 1,482/sqft

Price Transparency

Estimate
This listing
AED 1,198/sqft
Area benchmark unavailable
Asking priceAED 562,000
DLD transfer fee (4%)AED 22,480
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,344
Agency commission (2%)AED 11,240
Est. total transaction costAED 601,264

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

Excellent Deal

Exceptional Value - 33% Below Market!

This property is priced significantly below the Meydan City average of AED 1800/sqft. You could save AED 282,338 compared to market rate.

Price per sqft comparisonMeydan City · 1 BR apartment
This PropertyAED 1,198/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

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
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

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 791K

Avg. Price

AED 1,498.54

Avg. /sqft

5

Transactions

AED 954K69.7% higher
15 Apr 2026 1 Bed 710 sqftAED 1,343/sqft
Completed Sale
AED 1.35M139.6% higher
16 Mar 2026 1 Bed 764 sqftAED 1,762/sqft
Completed Sale
AED 665K18.3% higher
16 Dec 2025 1 Bed 370 sqftAED 1,797/sqft
Completed Sale
AED 518K7.9% lower
16 Nov 2025 1 Bed 380 sqftAED 1,362/sqft
Completed Sale
AED 471K16.3% lower
16 Nov 2025 1 Bed 383 sqftAED 1,229/sqft
Completed Sale

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

Similar Properties

1-Bedroom apartment in Meydan City