Al Merkadh property prices: price per sq ft and sales in 2026
Property prices in Al Merkadh stand at a median AED 22,062 per m² (AED 2,050 per sq ft) over the last 12 months, based on the 2,583 residential sales registered with the Dubai Land Department between October 16, 2025 and October 16, 2026. That is an increase of 0.3% on the previous 12 months. Sales reached AED 4.3 billion.
- AED 22,062median price per m²
- AED 2,050median price per sq ft
- 2,583sales in 12 months
- +0.3%change year on year
- 24.5%off-plan share of sales
With a price per m² 19% above the Dubai median (AED 18,545/m²), Al Merkadh sits in the core of the Dubai market (#52 of 154 by price per m²). 75.5% of sales are ready homes: an established resale market where you can view before you buy.
Apartment and villa prices in Al Merkadh
Median sale price and median size by unit type and bedrooms, DLD sales over the last 12 months.
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 776 | AED 735,660 | 34 m² |
| Apartment · 1 bedroom | 1,045 | AED 1,440,000 | 68 m² |
| Apartment · 2 bedrooms | 568 | AED 2,450,000 | 112 m² |
| Apartment · 3 bedrooms | 152 | AED 3,368,220 | 151 m² |
| Apartment · 4 bedrooms | 36 | AED 4,675,000 | 219 m² |
Price per m² range in Al Merkadh
Half of the sales over the last 12 months closed between AED 20,006 and AED 24,198 per m² (AED 1,859 to 2,248 per sq ft). The spread reflects floor, view, building age and finish level: these are the points that drive the price.
Al Merkadh price trend since 2019
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 1,428 | AED 16,141 | AED 1,500 | — |
| 2020 | 1,607 | AED 16,963 | AED 1,576 | +5.1% |
| 2021 | 2,402 | AED 17,466 | AED 1,623 | +3% |
| 2022 | 5,018 | AED 18,299 | AED 1,700 | +4.8% |
| 2023 | 8,431 | AED 19,644 | AED 1,825 | +7.4% |
| 2024 | 6,871 | AED 20,092 | AED 1,867 | +2.3% |
| 2025 | 3,088 | AED 22,077 | AED 2,051 | +9.9% |
| 2026 (to mid-October) | 1,981 | AED 21,888 | AED 2,033 | -0.9% |
Rents and rental yield in Al Merkadh
Median annual rent of Ejari contracts started over the last 12 months. Indicative gross yield: studio 6.8%, 1 bedroom 5.7%, 2 bedrooms 5.4%, 3 bedrooms 5.3%, 4 bedrooms 5.3%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 4,366 | AED 50,000 | 45,000 – 55,000 | AED 50,000 |
| Apartment · 1 bedroom | 4,927 | AED 82,000 | 73,000 – 95,000 | AED 81,000 |
| Apartment · 2 bedrooms | 1,982 | AED 131,625 | 110,000 – 155,000 | AED 130,000 |
| Apartment · 3 bedrooms | 475 | AED 180,000 | 145,000 – 210,000 | AED 180,000 |
| Apartment · 4 bedrooms | 67 | AED 250,000 | 240,000 – 380,000 | AED 250,000 |
| Villa / townhouse · 4 bedrooms | 158 | AED 710,000 | 550,000 – 900,000 | AED 700,000 |
Most traded projects in Al Merkadh
| Project (DLD name) | Sales 12 months | Median / m² | Off-plan sales |
|---|---|---|---|
| Mohammed Bin Rashid Al Maktoum City-District One Phase II Villas | 1 | AED 24,565 | 0% |
Getting around Al Merkadh
Landmarks most often recorded in the area's DLD transactions:
- Nearest metro: Buj Khalifa Dubai Mall Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Compare with other areas
Meydan One Community · Sobha Hartland · Mohammed Bin Rashid Al Maktoum City District One
Areas with a similar price per m²:
- Dubai Health Care City Phase 2 — AED 21,864/m² · Dubai Health Care City Phase 2 rents
- Sobha Hartland — AED 21,864/m² · Sobha Hartland rents
- Meydan One Community — AED 22,289/m² · Meydan One Community rents
- Dubai Hills - Maple 3 — AED 21,810/m² · Dubai Hills - Maple 3 rents
- Al Jadaf — AED 21,782/m² · Al Jadaf rents
- Mohammed Bin Rashid Al Maktoum City District One — AED 21,387/m² · Mohammed Bin Rashid Al Maktoum City District One rents
Frequently asked questions
What is the price per square foot in Al Merkadh?
The median is AED 2,050 per sq ft (AED 22,062 per m²), across 2,583 residential sales registered with the DLD from October 16, 2025 to October 16, 2026.
How much is an apartment in Al Merkadh?
A one-bedroom sold for a median AED 1,440,000 (68 m²) and a two-bedroom for AED 2,450,000 (112 m²) over the last 12 months, according to DLD sales.
Are prices rising in Al Merkadh?
The median price per m² moved +0.3% between the previous 12 months (AED 21,993/m²) and the last 12 months (AED 22,062/m²).
Off-plan or ready property in Al Merkadh?
24.5% of sales over the last 12 months were off-plan and 75.5% were ready homes. Off-plan gives access to developer payment plans; ready homes can be rented out straight away. A Cevitas advisor compares both on your budget.
What rental yield can you expect in Al Merkadh?
Dividing the median Ejari annual rent by the median DLD sale price gives an indicative gross yield of 6.8% for a studio, 5.7% for a 1 bedroom, 5.4% for a 2 bedrooms, 5.3% for a 3 bedrooms, 5.3% for a 4 bedrooms, before service charges and vacancy.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.