Bright Studio | Open Kitchen | Great Investment | Apartment in Meydan City
AED 615,000

AED 1,662 per sqft

Permit Pending Verification

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

Meydan City, Dubai
Listed 83 days ago
1
Beds
1
Baths
370
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Meydan Heights, Meydan City. This 370 sqft property offers excellent value at AED 615,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views26
Reference51161e3a-96b5-4646-916b-b8a9b2b24f2c

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

Premium Property

Positioned above market average

This is a premium-positioned property in Meydan City. Asking AED 1,662/sqft vs market average of AED 1,482/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 1,662/sqft
Area benchmark unavailable
Asking priceAED 615,000
DLD transfer fee (4%)AED 24,600
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,443
Agency commission (2%)AED 12,300
Est. total transaction costAED 657,543

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

Good Price

Good Value Property

Slightly below market average for Meydan City. Competitive pricing.

Price per sqft comparisonMeydan City · 1 BR apartment
This PropertyAED 1,662/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
7.67%
Excellent Yield
Net Yield
6.76%
After charges
Estimated Rental Income
Monthly
AED 3,929
Annual
AED 47,150
Service Charge: AED 5,550/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average60.8% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,873

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 123,000)
5%80%
4.99%
2%8%
Property PriceAED 615,000
Loan AmountAED 492,000
Total InterestAED 369,995
Total Cost (Principal + Interest)AED 861,995

Estimated Upfront Costs

Down PaymentAED 123,000
DLD Registration (4%)AED 24,600
Agency Fee (2%)AED 12,300
Total UpfrontAED 159,900

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 855K

Avg. Price

AED 1,566.35

Avg. /sqft

5

Transactions

AED 559K9.1% lower
14 Feb 2026 1 Bed 380 sqftAED 1,471/sqft
Completed Sale
AED 1.38M124.7% higher
14 Feb 2026 1 Bed 764 sqftAED 1,809/sqft
Completed Sale
AED 531K13.7% lower
14 Feb 2026 1 Bed 383 sqftAED 1,386/sqft
Completed Sale
AED 993K61.4% higher
14 Feb 2026 1 Bed 710 sqftAED 1,398/sqft
Completed Sale
AED 812K32.0% higher
16 Dec 2025 1 Bed 459 sqftAED 1,768/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