Stunning 2BR | Open Plan | Balcony | Apartment in Meydan City
AED 2,496,000

AED 1,685 per sqft

Permit Pending Verification

Stunning 2BR | Open Plan | Balcony | Apartment in Meydan City

Meydan City, Dubai
Listed 129 days ago
2
Beds
2
Baths
1,481
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in The Galleries, Meydan City. This 1481 sqft property offers excellent value at AED 2,496,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views125
Referencee2d67767-7b9a-433f-9f4f-d79c49a283d5

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

6.4/ 10
Good Value6.2% below market

At AED 1,685/sqft vs 1,796/sqft market average in Meydan City, this listing is 6% below recent transaction values — reasonably priced.

Price per sqft comparisonMeydan City · 2 BR apartment
AskingAED 1,685/sqft
DLD Market AvgAED 1,796/sqft

Price Transparency

Estimate
This listing
AED 1,685/sqft
Area benchmark unavailable
Asking priceAED 2,496,000
DLD transfer fee (4%)AED 99,840
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 4,970
Agency commission (2%)AED 49,920
Est. total transaction costAED 2,654,930

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 · 2 BR apartment
This PropertyAED 1,685/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
7.56%
Excellent Yield
Net Yield
6.67%
After charges
Estimated Rental Income
Monthly
AED 15,727
Annual
AED 188,729
Service Charge: AED 22,215/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average59.2% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 11,661

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 499,200)
5%80%
4.99%
2%8%
Property PriceAED 2,496,000
Loan AmountAED 1,996,800
Total InterestAED 1,501,639
Total Cost (Principal + Interest)AED 3,498,439

Estimated Upfront Costs

Down PaymentAED 499,200
DLD Registration (4%)AED 99,840
Agency Fee (2%)AED 49,920
Total UpfrontAED 648,960

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 2.46M

Avg. Price

AED 1,894.58

Avg. /sqft

5

Transactions

AED 2.25M9.7% lower
14 Feb 2026 2 Bed 1,193 sqftAED 1,890/sqft
Completed Sale
AED 2.32M6.9% lower
15 Jan 2026 2 Bed 1,455 sqftAED 1,597/sqft
Completed Sale
AED 2.66M6.4% higher
16 Dec 2025 2 Bed 1,319 sqftAED 2,014/sqft
Completed Sale
AED 2.34M6.1% lower
16 Dec 2025 2 Bed 1,196 sqftAED 1,959/sqft
Completed Sale
AED 2.71M8.7% higher
16 Nov 2025 2 Bed 1,348 sqftAED 2,012/sqft
Completed Sale

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

Similar Properties

2-Bedroom apartment in Meydan City