Meydan City · Listing

Brand New | Fully Furnished | Ready | Apartment in Meydan City

AED 585,000

AED 1,297 per sqft

Permit Pending Verification

Brand New | Fully Furnished | Ready | Apartment in Meydan City

Meydan City, Dubai
6mo ago
1
Beds
1
Baths
451
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in The Galleries, Meydan City. This 451 sqft property offers excellent value at AED 585,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views118
Referenceb0d6e495-7871-4038-acab-c994a720e3da

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

7.4/ 10
Good Value12.5% below market

Priced at AED 1,297/sqft vs market avg of AED 1,482/sqft in Meydan City. This property is 12% below comparable DLD transactions — a strong investment opportunity.

Asking AED/sqft

AED 1,297

DLD Market Avg

AED 1,482

Avg

AED 771,944

Median

AED 740,500

Range

502K–1451K

DLD Benchmark
Property priceAED 585,000
DLD transfer fee (4%)AED 23,400
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 1,463
Agency commission (2%)AED 11,700
Total to acquireAED 625,763

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
9.82%
Excellent Yield
Net Yield
8.67%
After charges
Estimated Rental Income
Monthly
AED 4,789
Annual
AED 57,473
Service Charge: AED 6,765/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 Average62.7% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,733

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 117,000)
5%80%
4.99%
2%8%
Property PriceAED 585,000
Loan AmountAED 468,000
Total InterestAED 351,947
Total Cost (Principal + Interest)AED 819,947

Estimated Upfront Costs

Down PaymentAED 117,000
DLD Registration (4%)AED 23,400
Agency Fee (2%)AED 11,700
Total UpfrontAED 152,100

Recent Apartment Transactions

Similar apartments sold in Meydan City

AED 813K

Avg. Price

AED 1,530.14

Avg. /sqft

5

Transactions

AED 595K1.7% above this listing
1 Jun 2026 1 Bed 370 sqftAED 1,607/sqft
Completed Sale
AED 1.04M77.4% above this listing
3 Mar 2026 1 Bed 710 sqftAED 1,461/sqft
Completed Sale
AED 1.37M134.7% above this listing
1 Feb 2026 1 Bed 764 sqftAED 1,797/sqft
Completed Sale
AED 608K3.9% above this listing
2 Jan 2026 1 Bed 380 sqftAED 1,599/sqft
Completed Sale
AED 454K22.4% below this listing
2 Jan 2026 1 Bed 383 sqftAED 1,186/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