The Galleries, Meydan Racecourse Community: sale prices and transactions
The Galleries is a project registered with the Dubai Land Department (project no. 1765) in Meydan Racecourse Community. Since January 2017, 81 residential sales have been registered there, the latest in August 2025. The latest known annual median is AED 12,652 per m².
- AED 12,652median price per m²
- AED 1,175median price per sq ft
- 81sales since 2017
- 0sales in 12 months
Its price per m² is 66.5% below the Meydan Racecourse Community median (AED 37,798/m²). Sales combine off-plan purchases (21%) and resales of completed homes.
The Galleries price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 10 | AED 5,656 | AED 525 | — |
| 2020 | 19 | AED 7,286 | AED 677 | +28.8% |
| 2021 | 9 | AED 8,611 | AED 800 | +18.2% |
| 2022 | 12 | AED 10,189 | AED 947 | +18.3% |
| 2023 | 5 | AED 13,407 | AED 1,246 | +31.6% |
| 2024 | 6 | AED 14,079 | AED 1,308 | +5% |
| 2025 | 5 | AED 12,652 | AED 1,175 | -10.1% |
The Galleries rents
14 Ejari contracts started in the project over the last 12 months.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 6 | AED 81,500 | — | — |
| Apartment · 2 bedrooms | 8 | AED 132,000 | 121,250 – 167,500 | — |
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Meydan Racecourse Community
Same price per m² elsewhere in Dubai
- Ag 9INE, Dubai Land Residence Complex — AED 12,651/m²
- Verdana 3, Dubai Investment Park First — AED 12,661/m²
- Arabian Ranches -La Avenida I, Arabian Ranches - 1 — AED 12,637/m²
- Montrose, Dubai Science Park — AED 12,664/m²
Other projects in Meydan Racecourse Community
- Azizi Park Avenue — AED 14,135/m²
- Prime Views — AED 16,575/m²
- The Polo Residence — AED 16,630/m²
- Azizi Greenfield — AED 16,712/m²
- Azizi Gardens — AED 17,483/m²
- The 100 — AED 20,424/m²
- Sukoon by Nuri — AED 20,846/m²
- Woodland Crest — AED 24,113/m²
Meydan Racecourse Community property prices · Meydan Racecourse Community rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at The Galleries?
The latest known annual median is AED 12,652 per m².
How many sales have been registered at The Galleries?
81 residential sales registered with the DLD between January 2017 and August 2025, 21% of them off-plan.
Where is The Galleries?
In Meydan Racecourse Community (DLD area Nad Al Shiba First), Dubai; nearest metro station per the DLD: Business Bay Metro Station.
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.