Cozy Studio | Well Maintained | Ideal Location | Apartment in Meydan City
AED 836,000

AED 1,833 per sqft

Permit Pending Verification

Cozy Studio | Well Maintained | Ideal Location | Apartment in Meydan City

Meydan City, Dubai
Listed 108 days ago
1
Beds
1
Baths
456
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in The Galleries, Meydan City. This 456 sqft property offers excellent value at AED 836,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views27
Referencee6263f31-b185-48a8-b88e-924eca4c25cf

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 1,833/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 1,833/sqft
Area benchmark unavailable
Asking priceAED 836,000
DLD transfer fee (4%)AED 33,440
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,858
Agency commission (2%)AED 16,720
Est. total transaction costAED 892,218

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

Fair Market Price

Fair Market Price

Priced in line with the Meydan City market average of AED 1800/sqft.

Price per sqft comparisonMeydan City · 1 BR apartment
This PropertyAED 1,833/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

Good Yield
Gross Yield
6.95%
Good Yield
Net Yield
6.13%
After charges
Estimated Rental Income
Monthly
AED 4,842
Annual
AED 58,110
Service Charge: AED 6,840/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average46.7% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 3,906

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 167,200)
5%80%
4.99%
2%8%
Property PriceAED 836,000
Loan AmountAED 668,800
Total InterestAED 502,953
Total Cost (Principal + Interest)AED 1,171,753

Estimated Upfront Costs

Down PaymentAED 167,200
DLD Registration (4%)AED 33,440
Agency Fee (2%)AED 16,720
Total UpfrontAED 217,360

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 831K

Avg. Price

AED 1,568.54

Avg. /sqft

5

Transactions

AED 517K38.1% lower
15 Apr 2026 1 Bed 380 sqftAED 1,361/sqft
Completed Sale
AED 671K19.7% lower
15 Apr 2026 1 Bed 370 sqftAED 1,813/sqft
Completed Sale
AED 1.41M68.9% higher
15 Apr 2026 1 Bed 764 sqftAED 1,848/sqft
Completed Sale
AED 527K37.0% lower
15 Apr 2026 1 Bed 383 sqftAED 1,375/sqft
Completed Sale
AED 1.03M22.8% higher
16 Dec 2025 1 Bed 710 sqftAED 1,446/sqft
Completed Sale

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

Similar Properties

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