Meydan – Area & Neighbourhood Guide

Meydan is one of Dubai’s newest urban developments, rapidly emerging as a key residential and commercial hub in the city. Located within the Mohammed Bin Rashid City (MBR City) master plan and adjacent to Nad Al Sheba, the area is best known for its world-renowned Meydan Racecourse. Spanning several square kilometers, Meydan encompasses major projects such as Meydan One, Meydan Avenue, Meydan Heights, and Dubai Meydan City. Its expansive scale has positioned Meydan as a new urban district within Dubai offering a wide range of land uses.

Geographical Location and Accessibility

Geographically, Meydan is situated southeast of Downtown Dubai and Business Bay, making it very close to the city’s central zones. The area enjoys convenient access via Dubai’s key highways, including Al Khail Road (E44) to the west, Ras Al Khor Road (E44), and Dubai–Al Ain Road (E66) nearby. Internally, Meydan Road acts as a main artery connecting various parts of the district. Although the Dubai Metro does not currently extend directly into Meydan, the Business Bay and Burj Khalifa/Dubai Mall metro stations are only a 10-minute drive away. Additionally, limited bus services operate to and from Meydan, especially during major events like horse racing competitions. With the anticipated growth in population, public transportation in the area is expected to expand in the near future.

Estimated Travel Times from Meydan to Key Destinations

• Burj Khalifa/Dubai Mall: Approximately 10 minutes by car
• DIFC (Dubai International Financial Centre): Around 15 minutes
• Dubai International Airport (DXB): Approximately 15–20 minutes, depending on traffic
• Al Maktoum International Airport (DWC): Roughly 30–40 minutes
• Dubai Marina / Palm Jumeirah: Around 25–30 minutes
• Ras Al Khor Wildlife Sanctuary and Creek Harbour: About 10 minutes
• Business Bay: 10–15 minutes by car

Neighboring Areas Surrounding Meydan

• Dubai land
• Villa communities in Nad Al Sheba
• Sheikh Zayed Road and the Al Garhoud and Al Satwa districts
• Mohammed Bin Rashid City – District One with its expansive Crystal Lagoon
• Sobha Hartland
• Meydan One
• Nad Al Sheba Mall 

Attractions of Meydan for Living, Investment, Tourism, and Business

1. Living

Meydan offers a high standard of modern living, thanks to its new infrastructure and meticulously planned urban layout. Living in Meydan means enjoying a quieter, more serene environment compared to the city center—while still benefiting from immediate and easy access to it.

2. Investment

Transaction data over recent years shows that Meydan, particularly emerging zones such as Meydan One, has captured a significant share of Dubai’s off-plan property sales. The rate of property price growth in Meydan has outpaced the citywide average in the past couple of years. As infrastructure development continues, property values in this district are expected to rise further. Additionally, rental yields in some of Meydan’s residential projects are reported to be relatively high—ranging between 7% to 8% annually—offering investors a stable stream of rental income.

3. Tourism and Leisure

The presence of the world-class Meydan Racecourse, host to the annual Dubai World Cup horse racing event, draws thousands of equestrian enthusiasts and high-profile visitors each year. Furthermore, the Meydan One development—with its extraordinary leisure attractions such as the planned world’s tallest indoor ski slope and the largest musical fountain—is set to position Meydan as a major tourism destination upon completion. The Meydan Hotel, overlooking the racecourse’s finish line, is already considered a luxury hospitality landmark.

4. Business & Work

Proximity to Business Bay and DIFC means that many residents of Meydan enjoy a short commute to Dubai’s primary commercial hubs. Meydan itself also features a dedicated free zone—Meydan Free Zone—designed for startups and international companies to establish operations. With office spaces primarily located near the Meydan Hotel, the free zone offers business licenses and tax incentives that make it an attractive destination for entrepreneurs. 

Lifestyle and Quality of Life in Meydan

The lifestyle in Meydan can be described as a blend of luxury, activity, and family living.

For affluent residents, the presence of upscale villa communities—such as District One, Grand Views, and Millennium Estates—has fostered a refined and exclusive lifestyle. These villas feature expansive private plots, dedicated swimming pools, and elegant architectural designs, offering a truly aristocratic way of living.

Families also find Meydan highly appealing. The area is equipped with children’s play areas and is in close proximity to reputable international schools, making it an ideal environment for raising a family. Many residential complexes include clubhouses, shared pools, and fully-equipped gyms, promoting a healthy, active lifestyle among residents. 

Amenities: Leisure, Healthcare, Education, and Culture

Shopping and Retail

Local supermarkets and convenience stores cater to daily essentials. For larger shopping and leisure needs, Dubai Mall is just a 10-minute drive away. Additionally, the highly anticipated Meydan One Mall, scheduled to open in the coming year or two, will be located directly within the Meydan area.

Dining and Restaurants

The Meydan Hotel hosts several upscale restaurants and cafés offering spectacular views of the racecourse, ranging from fine international dining to trendy lounges. New residential projects are also introducing food courts and neighborhood cafés, gradually enriching the area's culinary diversity.

Leisure and Sports Facilities

• Horse Racing
• The Track, Meydan Golf: A standard 9-hole golf course
• Walking and cycling tracks across various zones
• Indoor Ski Slope (set to open at Meydan One Mall)
• Green spaces and pocket parks in sub-areas like Meydan Avenue and the surroundings of District One’s Crystal Lagoon

Healthcare and Hospitals

• Iranian Hospital and Medcare Al Safa Hospital are within 15 minutes’ reach
• American Hospital Dubai and Dubai Healthcare City are approximately 15–20 minutes away
• A dedicated clinic is also planned within Meydan One Residences

Schools and Educational Institutions

• Sobha Hartland area (adjacent to Meydan) is home to Hartland International School and North London Collegiate School
• Crystal International School, located near District One
• Multiple nurseries and kindergartens are available within surrounding residential communities

Cultural and Social Facilities

The main venue for community events is currently The Meydan Hotel and the Racecourse Grandstand, which occasionally host music concerts, luxury car exhibitions, and food festivals, offering a vibrant social scene for residents and visitors alike. 

Major Projects and Key Developers in the Meydan Area

Meydan One Project

Meydan One is one of Dubai’s most prominent mixed-use developments, spearheaded by the Meydan Group. This mega project integrates residential, commercial, entertainment, and tourism components. Its key highlights include:

• Meydan One Mall
• Meydan One Residential Tower
• Meydan One Residences

Other Notable Projects in Meydan

• Meydan Avenue
• Meydan Heights
• Dubai Meydan City

Luxury Villas and High-End Housing

• Millennium Estates: A gated community of 198 upscale villas, developed by G&Co in collaboration with Meydan.
• Grand Views: Comprising approximately 476 luxury townhouses and villas, also developed by G&Co in partnership with Meydan.

Apartment Complexes

• The Polo Residence: Developed by MAG Group, this low-rise community near the Polo Club and racecourse consists of 29 buildings with a total of around 1,060 residential units.
• Polo Townhouses: A collection of luxury four-bedroom townhouses located in the same vicinity.

Upcoming Developments

• MAG City: Located in the southern part of Meydan, this large-scale project includes hundreds of apartments and townhouses, currently under development by MAG Development.
• Opal Gardens: A gated villa community by Nakheel in District 11, near Meydan, comprising around 400 luxury villas and townhouses.

Sobha Hartland

While not part of Meydan’s core, Sobha Hartland is a significant neighboring master development by Sobha Realty. It features high-rise residential towers, luxurious villas, and expansive landscaped areas, making it a prestigious project near Meydan. 

Key Developers Active in Meydan

In addition to Meydan Group, the master developer and landowner of the area, several well-known developers are shaping the landscape of Meydan:

• Azizi Developments
• Meydan Sobha (a joint venture between Meydan Group and Sobha Realty)
• MAG Development
• G&Co 

Key Events and Their Impact on Meydan’s Appeal

Dubai World Cup Horse Racing

The annual Dubai World Cup, held at the Meydan Racecourse, is one of the most prestigious horse racing events globally. It attracts thousands of international visitors, racing enthusiasts, and high-profile personalities each year, significantly boosting the area’s global visibility.

Racing Season & Related Events

Meydan hosts an entire season of horse racing events, drawing consistent crowds throughout the year.

Concerts & Festivals

In addition to sports, the district is also home to occasional concerts, culinary festivals, and luxury car exhibitions, adding to its lifestyle allure.

Annual Equestrian Industry Conference

Meydan regularly hosts equestrian industry summits, further reinforcing its identity as a global hub for horse racing and luxury sports tourism. 

Demographics and Resident Profile

Meydan showcases a diverse mix of lifestyles and resident types:

• Affluent Family Communities: Residing in the villa zones, these families enjoy a calm, exclusive environment, with most social interactions taking place in private clubs and within their gated communities.
• Young Professionals: Typically based in apartment complexes, this group gravitates towards public spaces—such as cafés, gyms, and community events—for social engagement.
• Temporary Residents & Tourists: Seasonal or short-term visitors bring vibrancy and a dynamic pulse to the area, especially during high-profile events. 

Construction Status: Projects, Towers, and Units (DLD Data)

According to official data from the Dubai Land Department (DLD):

Total Number of Projects

• Over 50 registered real estate developments are underway or completed in the Meydan area.

Residential Buildings (Towers and Blocks)

• Mid-rise and high-rise developments dominate Meydan’s apartment sector.
• Azizi Riviera alone consists of 71 mid-rise apartment buildings, constructed in multiple phases. As of early 2025, around 30 buildings from Phases 1–3 have been delivered, with the rest under construction.
• Meydan One Residences includes six residential towers, expected to be completed between 2025–2026.
• Meydan Avenue features several low-rise blocks (4–6 stories), with an estimated 5 to 10 buildings already completed.
• Polo Residence, as previously mentioned, comprises 29 four-story apartment blocks, all fully delivered.
• New projects such as MAG Eye will include around eight residential buildings (6–8 floors each).

In total, it is estimated that over 100 residential buildings (both towers and low-rise blocks) have been completed or are currently under construction in Meydan.

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Commercial and Office Buildings

While Meydan is primarily a residential and lifestyle destination, it includes several commercial assets:

• The Galleries at Meydan Avenue, a collection of low-rise office buildings.
• A dedicated office tower near Meydan Hotel, serving the Meydan Free Zone.
• Upcoming hotel-apartment and mixed-use towers in the Meydan One master plan.

In total, fewer than 10 commercial/office buildings are planned so far, but this number is expected to grow as retail and business components—such as the Meydan One Mall—are completed.

Residential Units (Apartments & Villas)

As of 2024, more than 10,000 residential units have been completed and are ready for occupancy in Meydan. This includes:

• ~1,000 units in Polo Residence
• Several thousand units in Azizi Riviera Phases 1 and 2
• ~674 villas and townhouses in Grand Views and Millennium Estates
• ~800 villas in District One Phases 1 and 2
• ~500 villas in Meydan Heights

Additionally, around 15,000 units are under construction and expected to be delivered over the next few years. These include the remaining phases of Azizi Riviera (which will total ~16,000 units), upcoming towers of Meydan One Residences, Phase 3 of District One villas, MAG City, and Opal Gardens.

Ready vs. Under-Construction Projects

Meydan has now entered the mid-stage of its development cycle. The number of completed and under-construction projects is roughly equal.

By the end of 2024:

• Approximately 50% of all planned units across Meydan have been completed.
• The remaining 50% are in progress, set to be delivered over the next 2–3 years.

This offers a dual advantage for property buyers: a strong secondary market of ready-to-move-in units, alongside diverse off-plan investment opportunities with future growth potential. 

Residential Unit Types, Average Sizes, and Sales & Rental Prices

Apartments

The table below presents average specifications for apartments in Meydan based on data from the past six months:

Average Annual Rental Rates (Apartments):

• 1 Bedroom Unit: 75,000
• 2 Bedroom Unit: 125,000
• 3 Bedroom Unit: 195,000

The average rental yield for apartments in Meydan is currently estimated at around 7%, offering an attractive return for property investors. 

Villas:

The table below presents average specifications for villas in Meydan based on data from the past six months:

Average Annual Rental Rates (Villas & Townhouses):

• 3 Bedroom Unit: 245,000
• 4 Bedroom Unit: 323,000
• 5 Bedroom Unit: 715,000

Market Trends Over the Past 6 Months and Outlook for 2025–2026

Recent Market Trends (Late 2024 – Early 2025)

The real estate market in the Meydan area over the past six months has shown dynamic growth with a relatively stable trajectory. According to official DLD transaction records and reports from leading real estate portals:

• Price Growth: Residential property prices in Meydan increased by approximately 3% to 5% in H2 2024. For villas, the growth was more moderate at around 2%, largely due to a post-peak stabilization following the high demand observed in 2021–2022. Both apartments and villas remain on an upward trend, though at a more tempered pace compared to previous years.
• Transaction Volume: Meydan stood out as one of the top-performing areas in terms of off-plan sales in late 2024. According to Property Finder and Bayut, Meydan/MBR City ranked among Dubai’s top three districts for off-plan transaction volume in Q4 2024.
• Supply and Demand Balance: The delivery of new inventory (from phased handovers in major projects) has increased supply, which in turn has helped moderate price acceleration. For example, approximately 2,000 units from Azizi Riviera were handed over in 2024, adding significant stock to both the rental and resale markets. Nonetheless, demand—particularly from foreign buyers and regional investors—remained robust. The absorption rate for new inventory in Meydan was reported as healthy, with most new units either sold or rented within a few months. This balance between supply and demand has helped maintain upward price momentum without overheating the market. 

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Outlook for 2025

Meydan is expected to remain a prime hotspot for development and investment throughout 2025. Key factors influencing the outlook include:

• Major Project Completions: Significant progress is anticipated on the Meydan One Mall, with portions possibly opening by late 2025. This will likely generate renewed excitement and drive demand in the area.
• Pricing and Rental Trends: Property prices in Meydan are forecast to see continued single-digit growth (approximately 5%–8% annually) in 2025, moderated by the substantial volume of new supply. On the other hand, rental rates are expected to grow more strongly, potentially reaching 10% annual growth, driven by increased occupancy and enhanced lifestyle amenities, making Meydan increasingly attractive to tenants.
• Infrastructure Investments: New infrastructure is expected to be delivered in 2025, such as upgraded road interchanges, ramps, and bridges linking directly from Al Khail Road or Ras Al Khor Road into major projects like Meydan One. These enhancements will ease traffic flow and improve accessibility, thereby boosting the overall value of the area.
• Foreign Demand: With continued government initiatives to attract global investment—such as the 10-year Golden Visa program for qualifying property buyers—foreign investor interest in Meydan is expected to remain strong. Many Asian (e.g., China, India) and European buyers view Meydan as a high-potential, value-for-money alternative to more expensive districts like Downtown or Dubai Marina.
• Investment Returns: For investors who entered off-plan projects in 2022–2023, capital appreciation by 2026 is projected to be significant. Estimates suggest that early investments in Meydan One and Azizi Riviera could yield up to 20% capital gains over a 3–4 year period. In the case of District One villas, cumulative appreciation of 15% or more over three years is also realistic—particularly if luxury demand in Dubai continues to hold strong.
• Long-Term Outlook: Meydan plays a strategic role in Dubai’s 2040 Urban Master Plan, which aims to expand high-quality residential districts across the city. Post-2026, development is expected to shift toward urban beautification, cultural enhancements, and community programming to further elevate the district’s appeal. These efforts are likely to position Meydan not just as a new neighborhood, but as one of the most desirable communities in Dubai for both living and investment.

If you're looking to take advantage of the exclusive opportunities that Meydan offers—whether to live in a sophisticated, up-and-coming district or to make a high-return investment Homeland is here to guide you.

As one of Dubai’s leading real estate consultancies, Homeland Realty offers expert advisory services tailored to buyers, sellers, and investors in the Meydan area. Our experienced team has in-depth knowledge of all major projects and market trends, ensuring you make the most informed and profitable decisions.

Our services include:

• Data-driven advisory based on up-to-date market insights
• Project recommendations tailored to your budget and investment goals
• On-site viewings and guided property tours
• Price and contract negotiation in your favor
• End-to-end support with legal and administrative documentation

At Homeland Realty, we believe that real estate investment is not just about numbers—it’s about trust. That’s why we prioritize transparency, honesty, and client-first service in everything we do.

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Frequently Asked Questions

What types of properties are available in Meydan?

Meydan offers a range of properties, including modern apartments, luxurious villas, and townhouses. There are also off-plan developments available for purchase.

How accessible is public transport in Meydan?

While there is no metro station directly in the area, Meydan is well connected by bus routes and taxi services. Major highways also provide easy access to other parts of Dubai.

What amenities are available in the area?

Meydan offers schools, healthcare facilities, shopping centers, restaurants, gyms, and outdoor spaces for recreational activities.