Meydan City · Listing

Modern Studio | Near Metro | Investor Deal | Apartment in Meydan City

AED 502,000

AED 1,360 per sqft

Permit Pending Verification

Modern Studio | Near Metro | Investor Deal | Apartment in Meydan City

Meydan City, Dubai
6mo ago
1
Beds
1
Baths
369
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in The Galleries, Meydan City. This 369 sqft property offers excellent value at AED 502,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views136
Reference8f93e7b1-34d3-4265-93ea-50b7392688af

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
Leaflet © Mapbox © OSM

Deal Score™

AI-powered price analysis vs DLD transactions

6.7/ 10
Good Value8.2% below market

At AED 1,360/sqft vs 1,482/sqft market average in Meydan City, this listing is 8% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 1,360

DLD Market Avg

AED 1,482

Avg

AED 771,944

Median

AED 740,500

Range

502K–1451K

DLD Benchmark
Property priceAED 502,000
DLD transfer fee (4%)AED 20,080
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 1,255
Agency commission (2%)AED 10,040
Total to acquireAED 537,575

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
9.37%
Excellent Yield
Net Yield
8.26%
After charges
Estimated Rental Income
Monthly
AED 3,919
Annual
AED 47,023
Service Charge: AED 5,535/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 Average68% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,345

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 100,400)
5%80%
4.99%
2%8%
Property PriceAED 502,000
Loan AmountAED 401,600
Total InterestAED 302,012
Total Cost (Principal + Interest)AED 703,612

Estimated Upfront Costs

Down PaymentAED 100,400
DLD Registration (4%)AED 20,080
Agency Fee (2%)AED 10,040
Total UpfrontAED 130,520

Recent Apartment Transactions

Similar apartments sold in Meydan City

AED 816K

Avg. Price

AED 1,510.47

Avg. /sqft

5

Transactions

AED 1.34M167.6% above this listing
11 Jun 2026 1 Bed 764 sqftAED 1,758/sqft
Completed Sale
AED 601K19.7% above this listing
12 May 2026 1 Bed 370 sqftAED 1,624/sqft
Completed Sale
AED 1.18M135.0% above this listing
12 May 2026 1 Bed 710 sqftAED 1,661/sqft
Completed Sale
AED 523K4.2% above this listing
13 Mar 2026 1 Bed 380 sqftAED 1,377/sqft
Completed Sale
AED 433K13.7% below this listing
12 Jan 2026 1 Bed 383 sqftAED 1,131/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).

Comparables

Similar properties nearby

1 BR apartment · Meydan City

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