Meydan Racecourse Community property prices: price per sq ft and sales in 2026
Property prices in Meydan Racecourse Community stand at a median AED 37,798 per m² (AED 3,512 per sq ft) over the last 12 months, based on the 2,038 residential sales registered with the Dubai Land Department between October 16, 2025 and October 16, 2026. That is an increase of 110% on the previous 12 months. Sales reached AED 3.9 billion.
- AED 37,798median price per m²
- AED 3,512median price per sq ft
- 2,038sales in 12 months
- +110%change year on year
- 91.5%off-plan share of sales
With a price per m² 103.8% above the Dubai median (AED 18,545/m²), Meydan Racecourse Community sits among the emirate's most sought-after addresses (#11 of 154 by price per m²). 91.5% of sales are off-plan: the area is driven by developer launches.
Apartment and villa prices in Meydan Racecourse Community
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 | 1,144 | AED 1,372,000 | 36 m² |
| Apartment · 1 bedroom | 539 | AED 2,319,000 | 59 m² |
| Apartment · 2 bedrooms | 298 | AED 3,241,000 | 96 m² |
| Apartment · 3 bedrooms | 55 | AED 5,094,000 | 165 m² |
Price per m² range in Meydan Racecourse Community
Half of the sales over the last 12 months closed between AED 34,004 and AED 40,349 per m² (AED 3,159 to 3,749 per sq ft). The spread reflects floor, view, building age and finish level: these are the points that drive the price.
Meydan Racecourse Community price trend since 2019
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 114 | AED 9,830 | AED 913 | — |
| 2020 | 134 | AED 10,788 | AED 1,002 | +9.7% |
| 2021 | 161 | AED 12,419 | AED 1,154 | +15.1% |
| 2022 | 173 | AED 11,150 | AED 1,036 | -10.2% |
| 2023 | 281 | AED 13,480 | AED 1,252 | +20.9% |
| 2024 | 553 | AED 15,105 | AED 1,403 | +12.1% |
| 2025 | 436 | AED 19,488 | AED 1,810 | +29% |
| 2026 (to mid-October) | 1,924 | AED 38,077 | AED 3,537 | +95.4% |
Rents and rental yield in Meydan Racecourse Community
Median annual rent of Ejari contracts started over the last 12 months. Indicative gross yield: 1 bedroom 3.4%, 2 bedrooms 3.7%, 3 bedrooms 2.9%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 1,009 | AED 78,000 | 70,000 – 88,000 | AED 78,000 |
| Apartment · 2 bedrooms | 726 | AED 120,120 | 105,840 – 140,000 | AED 122,250 |
| Apartment · 3 bedrooms | 106 | AED 150,000 | 138,797 – 175,500 | AED 163,000 |
Most traded projects in Meydan Racecourse Community
| Project (DLD name) | Sales 12 months | Median / m² | Off-plan sales |
|---|---|---|---|
| Maybach Six | 1,084 | AED 38,792 | 100% |
| Maybach Ultimate Luxury | 274 | AED 39,488 | 100% |
| Project Maybach | 207 | AED 38,204 | 100% |
| Tonino Lamborghini Residences | 137 | AED 27,448 | 100% |
| The Polo Residence | 109 | AED 16,630 | 0% |
| Emerge Residences | 45 | AED 24,304 | 100% |
| Sukoon by Nuri | 36 | AED 20,846 | 100% |
| Woodland Crest | 13 | AED 24,113 | 100% |
| Prime Views | 9 | AED 16,575 | 0% |
| Azizi Gardens | 8 | AED 17,483 | 0% |
| The 100 | 7 | AED 20,424 | 0% |
| Azizi Park Avenue | 3 | AED 14,135 | 0% |
| Azizi Greenfield | 3 | AED 16,712 | 0% |
| The Galleries | 0 | — | — |
| Royal Manor | 0 | — | — |
Off-plan projects in Meydan Racecourse Community
6 Meydan Racecourse Community projects have an off-plan page: developer, progress in the DLD register, prices by unit type and price list.
Getting around Meydan Racecourse Community
Landmarks most often recorded in the area's DLD transactions:
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Compare with other areas
Areas with a similar price per m²:
- Palm Jabal Ali — AED 37,807/m²
- Palm Jumeirah — AED 38,327/m² · Palm Jumeirah rents
- Nad Al Shiba First — AED 36,743/m² · Nad Al Shiba First rents
- Trade Center First — AED 38,987/m² · Trade Center First rents
- Dubai International Financial Center — AED 40,390/m²
- Dubai Maritime City — AED 34,403/m² · Dubai Maritime City rents
Frequently asked questions
What is the price per square foot in Meydan Racecourse Community?
The median is AED 3,512 per sq ft (AED 37,798 per m²), across 2,038 residential sales registered with the DLD from October 16, 2025 to October 16, 2026.
How much is an apartment in Meydan Racecourse Community?
A one-bedroom sold for a median AED 2,319,000 (59 m²) and a two-bedroom for AED 3,241,000 (96 m²) over the last 12 months, according to DLD sales.
Are prices rising in Meydan Racecourse Community?
The median price per m² moved +110% between the previous 12 months (AED 18,000/m²) and the last 12 months (AED 37,798/m²).
Off-plan or ready property in Meydan Racecourse Community?
91.5% of sales over the last 12 months were off-plan and 8.5% 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 Meydan Racecourse Community?
Dividing the median Ejari annual rent by the median DLD sale price gives an indicative gross yield of 3.4% for a 1 bedroom, 3.7% for a 2 bedrooms, 2.9% 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.