Hadaeq Sheikh Mohammed Bin Rashid District 7 property prices: price per sq ft and sales in 2026
Property prices in Hadaeq Sheikh Mohammed Bin Rashid District 7 stand at a median AED 20,103 per m² (AED 1,868 per sq ft) over the last 12 months, based on the 108 residential sales registered with the Dubai Land Department between October 16, 2025 and October 16, 2026. That is an adjustment of 23.6% on the previous 12 months. Sales reached AED 274.9 million.
- AED 20,103median price per m²
- AED 1,868median price per sq ft
- 108sales in 12 months
- -23.6%change year on year
- 11.1%off-plan share of sales
With a price per m² 8.4% above the Dubai median (AED 18,545/m²), Hadaeq Sheikh Mohammed Bin Rashid District 7 sits in the core of the Dubai market (#63 of 154 by price per m²). 88.9% of sales are ready homes: an established resale market where you can view before you buy.
Apartment and villa prices in Hadaeq Sheikh Mohammed Bin Rashid District 7
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 | 35 | AED 750,000 | 38 m² |
| Apartment · 1 bedroom | 30 | AED 1,353,300 | 75 m² |
| Apartment · 2 bedrooms | 5 | AED 5,748,000 | 193 m² |
| Villa / townhouse · 2 bedrooms | 14 | AED 2,937,500 | 131 m² |
| Villa / townhouse · 3 bedrooms | 16 | AED 3,725,000 | 136 m² |
| Villa / townhouse · 4 bedrooms | 7 | AED 9,600,000 | 240 m² |
Price per m² range in Hadaeq Sheikh Mohammed Bin Rashid District 7
Half of the sales over the last 12 months closed between AED 17,776 and AED 25,014 per m² (AED 1,651 to 2,324 per sq ft). The spread reflects floor, view, building age and finish level: these are the points that drive the price.
Hadaeq Sheikh Mohammed Bin Rashid District 7 price trend since 2019
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 131 | AED 11,152 | AED 1,036 | — |
| 2020 | 214 | AED 11,398 | AED 1,059 | +2.2% |
| 2021 | 950 | AED 11,872 | AED 1,103 | +4.2% |
| 2022 | 305 | AED 15,455 | AED 1,436 | +30.2% |
| 2023 | 192 | AED 15,747 | AED 1,463 | +1.9% |
| 2024 | 238 | AED 18,640 | AED 1,732 | +18.4% |
| 2025 | 541 | AED 27,360 | AED 2,542 | +46.8% |
| 2026 (to mid-October) | 76 | AED 20,183 | AED 1,875 | -26.2% |
Rents and rental yield in Hadaeq Sheikh Mohammed Bin Rashid District 7
Median annual rent of Ejari contracts started over the last 12 months. Indicative gross yield: studio 7.2%, 1 bedroom 5.9%, 2 bedrooms 5.4%, 3 bedrooms 5.1%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 392 | AED 54,000 | 50,000 – 58,000 | AED 53,428 |
| Apartment · 1 bedroom | 182 | AED 80,000 | 75,000 – 90,000 | AED 80,000 |
| Villa / townhouse · 2 bedrooms | 176 | AED 160,000 | 147,000 – 172,365 | AED 160,000 |
| Villa / townhouse · 3 bedrooms | 167 | AED 190,000 | 180,000 – 210,000 | AED 190,000 |
| Villa / townhouse · 4 bedrooms | 20 | AED 300,404 | 282,500 – 347,500 | AED 300,000 |
All rents and yields in Hadaeq Sheikh Mohammed Bin Rashid District 7 →
Most traded projects in Hadaeq Sheikh Mohammed Bin Rashid District 7
| Project (DLD name) | Sales 12 months | Median / m² | Off-plan sales |
|---|---|---|---|
| MAG EYE Phase 1 | 96 | AED 19,590 | 0% |
| Keturah Reserve | 12 | AED 37,177 | 100% |
Getting around Hadaeq Sheikh Mohammed Bin Rashid District 7
Landmarks most often recorded in the area's DLD transactions:
- Nearest metro: Noor Bank Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Compare with other areas
Hadaeq Sheikh Mohammed Bin Rashid
Areas with a similar price per m²:
- Mohammed Bin Rashid Al Maktoum District 11 — AED 20,002/m² · Mohammed Bin Rashid Al Maktoum District 11 rents
- The Greens — AED 19,914/m² · The Greens rents
- Jaddaf Waterfront — AED 20,314/m² · Jaddaf Waterfront rents
- Al Thanyah Third — AED 20,409/m² · Al Thanyah Third rents
- Al Yelayiss 1 — AED 19,611/m² · Al Yelayiss 1 rents
- Nad Al Sheba Gardens — AED 20,700/m² · Nad Al Sheba Gardens rents
Frequently asked questions
What is the price per square foot in Hadaeq Sheikh Mohammed Bin Rashid District 7?
The median is AED 1,868 per sq ft (AED 20,103 per m²), across 108 residential sales registered with the DLD from October 16, 2025 to October 16, 2026.
How much is an apartment in Hadaeq Sheikh Mohammed Bin Rashid District 7?
A one-bedroom sold for a median AED 1,353,300 (75 m²) and a two-bedroom for AED 5,748,000 (193 m²) over the last 12 months, according to DLD sales.
Are prices rising in Hadaeq Sheikh Mohammed Bin Rashid District 7?
The median price per m² moved -23.6% between the previous 12 months (AED 26,305/m²) and the last 12 months (AED 20,103/m²).
Off-plan or ready property in Hadaeq Sheikh Mohammed Bin Rashid District 7?
11.1% of sales over the last 12 months were off-plan and 88.9% 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 Hadaeq Sheikh Mohammed Bin Rashid District 7?
Dividing the median Ejari annual rent by the median DLD sale price gives an indicative gross yield of 7.2% for a studio, 5.9% for a 1 bedroom, 5.4% for a 2 bedrooms, 5.1% for a 3 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.