A comprehensive introduction to the Meydan area of ​​Dubai

Introduction to the Geographical Location of Meydan Area, Dubai

The Meydan Dubai area has a very convenient location; it is situated next to Al Ain Dubai Road and Ras Al Khor Road, allowing for quick access out of the city. This area, with an area of over 40 million square feet, is part of Dubai's free zone and offers easy access to other important free zones such as: Dubai International Financial Centre (DIFC) and Dubai South. Other areas near Meydan Dubai area include:

• Dubai International Airport
• Dubai Marina
• Palm Jumeirah
• Downtown Dubai

Introducing Key Features of the Meydan Area in Dubai

Meydan neighborhood is considered one of Dubai's free zones. Therefore, business owners setting up in this area can enjoy exemption from income tax and VAT. Other major features of the Meydan area include:

• A wide variety of property purchasing and rental options
• Strategic location with easy access to major Dubai highways
• High rental yield due to increasing demand for luxury homes
• Modern infrastructure and urban development
• Proximity to major commercial areas in Dubai
• Efficient public transportation system
• Various entertainment and recreational facilities

Key Considerations for Buying Property in Meydan Area

Meydan area, with outstanding accessibility and ongoing major projects, is among the most popular districts in Dubai for property investment. Investors should pay attention to the following when buying property in this area:

• Check available amenities: Buyers should evaluate project amenities and their accessibility to each sector to match their requirements.
• Forecast property market growth: Investors can increase their profit through detailed analysis and investment trend studies in the area.
• Consult Dubai real estate experts: Professional advisors are well aware of market trends and Dubai regulations, helping you to make better decisions.
• Identify new projects: Various new projects are regularly launched in Meydan, especially in MRB City, potentially offering better returns on investment.

Property Purchase Prices in Meydan Area, Dubai

This area is one of Dubai's developing districts, offering a diverse range of residential and commercial properties, including apartments, towers, villas, and townhouses, providing great opportunities for residency and investment. Commercial units are mostly located along main roads and residential buildings designed according to environmental standards benefit from modern waste management systems.

“Meydan City, by virtue of its strategic positioning, world-class amenities, and visionary development, will represent very strong capital appreciation and rental yields.”

Source: sobharealty

Review of Investment Return from Buying a Home in Meydan Area, Dubai

Investing in Meydan, Dubai, not only offers an opportunity for home ownership in one of the city's growing regions, but also brings significant returns. Studio apartments top the list with a return on investment (ROI) of 6.96%, while 1-bedroom and 2-bedroom apartments provide 6.38% and 5.76% profitability, respectively.

For villas, 4-bedroom units yield a 6.43% ROI, making them a prime choice for investors. These figures show that the variety of properties and attractive returns in this area make it a smart investment choice in the UAE real estate market.

Top Meydan Areas for Investment

Various options exist for buying property in Dubai for investment, including small apartments, large townhouses, and luxury villas. Buyers can ensure high profitability and capital growth by investing in the following locations:

1. Meydan Avenue Area: Projects located here are very close to the racecourse and Meydan Hotel, thus having good growth potential. The average annual rental price for 1-bedroom apartments in Prime Views project is about 55,000 AED with a 7.9% ROI.
2. Meydan One Area: Meydan One features a 711-meter Dubai One tower, 5-star hotels, and the One Mall, making it an ideal investment location.
3. Mohammed Bin Rashid City (MRB City): Offers various options such as off-plan apartments, villas, and townhouses. The average townhouse purchase price in Dubai and in MBR City ranges between 2,772,000 and 4,841,000 AED.
4. Meydan Heights Area: Meydan Heights, besides residential hubs, has supermarkets, retail stores, and many restaurants, thus giving residents excellent access to daily shopping.
5. Horizon by Meydan Area: Amaal 8 apartments, The Waterway, and park apartments in Meydan Horizon are especially suitable for investors seeking high profits in Dubai's real estate market.

Rental Property Conditions in Meydan, Dubai

Meydan, Dubai, with its high rental rates and ROI, clearly shows the area's investment potential. The annual rent list for various homes in the area is as follows:

Advantages of Living in Meydan, Dubai

• Strategic geographic location
• Diversity in luxury and modern properties
• Advanced leisure and sports facilities
• Growing construction projects
• Plenty of green spaces
• Dynamic and modern community
• Attractive tax-free economic environment
• High investment return (ROI)
• High security

A brief overview of areas near Meydan, Dubai

This neighborhood is adjacent to several popular residential areas such as: Bur Dubai, Al Barari, Al Quoz, Dubailand, and the Old City. The Mohammed Bin Rashid City (MBR) is also nearby, containing modern and similar residential projects.

Introducing the amenities of Meydan, Dubai Neighborhood

Currently, the Meydan area offers various recreational and welfare amenities. As the area is still being developed, new amenities will be unveiled in the coming years. Here are some of the most important facilities in this neighborhood.

1. Recreational and sports facilities

Meydan Racecourse, which holds attractive horse racing events, tempts tourists interested in this sport to visit Dubai. The golf club, cycling and walking tracks, crystal lake, and green spaces in the Meydan community offer residents very enjoyable weekends.

1. Horse Racing: The Meydan horse race is the largest and most popular sports event in the area. Every year, this complex hosts prestigious horse races and attracts many enthusiasts with its unique atmosphere.
2. Golf training for children: The Track golf center, located on Al Meydan Road, provides a great opportunity for children and families to learn golf, pursue sports and entertainment professionally.
3. One Tower: This is the world's tallest residential tower, featuring facilities such as a 675-meter restaurant, 5-star hotel, 885 residential suites, and a conference center. It is located near the Meydan Marina Yacht Club.
4. Meydan One Marina Yacht Club: This is one of the best-equipped and popular clubs for water sports enthusiasts. It is next to the Dubai One Tower and provides professional boating facilities for visitors.
5. Pond Park Al Quoz: This facility creates an ideal setting for families and those seeking recreation and relaxation in nature.

2. Restaurants in Meydan, Dubai Neighborhood

The great Meydan One project, which is known as the world's tallest tower, offers a wide range of recreational, residential, and shopping centers. Other amenities include the indoor ski slope, 5-star hotel, and the world's highest restaurant.

Around the neighborhood, there is an assortment of restaurants with culinary diversity, from Asian and Chinese to fast food. Some of the well-known restaurants here are Al Ain Way, Track, Shiba and Chez Charles.

3. Educational and Healthcare Services

Nad Al Sheba Medical Center and Iranian Hospital are just 7 minutes away from this area. Meydan has top-level schools such as: Clarion, Harland International, Ambassador International Academy and GEMS Jumeirah Primary School.

4. Public Transport

Meydan area provides residents with various public transport options. Taxi is the most popular choice for getting around the city. The nearest metro station is in Business Bay area, about 15 minutes from Meydan.

Currently, public transport includes buses passing by metro stations and taxis accessible via RTA, Uber, or Careem apps. The tram line from Meydan to the racecourse is under construction. The area has no major parking issues; both apartments and villa units usually have dedicated parking spaces for residents.

5- Meydan Hotels Review

For short stays in Meydan city, Meydan Hotel is one of the available options. This 5-star hotel is adjacent to the racecourse and is usually chosen by those participating or watching sports events in the neighborhood. Hotel facilities include restaurant, spa services, outdoor pool, and fitness center.

6- Churches, Temples, and Mosques in Meydan Neighborhood

Given the cultural diversity of Meydan's residents, this neighborhood has suitable religious infrastructure. Several local mosques are near residential areas, and for larger gatherings Nad Al Sheba mosque and E Ibad Ur Rehman mosque are used.

Gatekeepers Church in Al Quoz and Latter-Day Saints Church in Al Safa are also within a short distance. Although there is no temple inside Meydan, residents can use the Guru Nanak Darbar Temple on Sheikh Zayed Road.

7- Supermarkets in Meydan, Dubai Neighborhood

The area offers various options for purchasing groceries and daily necessities. Carrefour chain supermarket is in the View Towers and is only 14 minutes away from Millennium Estates and Meydan Gated Community neighborhoods. Spinneys store on Meydan Road, Nad Al Sheba 1, is another popular option.

For fresh fruits and vegetables, West Zone Fresh supermarket is recommended. LuLu Express in Al Quoz, about 10 minutes from Meydan, is another popular choice for grocery shopping. An interesting new initiative in this area is the Mobimart mobile food bus, expected to stop at Emirates Pilot Village, making shopping easier for residents.

8- Shopping Centers in Meydan City

The Meydan One Mall, under construction near Meydan, is one of Dubai's most prominent and promising projects. The center will feature the world's largest dancing fountain, more than 620 retail shops, special concert halls, and sports amenities such as indoor skiing and stand-up boating, providing a unique mix of shopping and entertainment.

The Community Mall, located in Business Bay and Bay Street, is close to Meydan City. With local shops, casual restaurants, and an open-air market, it is a suitable choice for daily shopping and a relaxed, pleasant experience.

9- Beaches near Meydan City

Meydan City does not have a private beach, but residents can conveniently reach several popular beaches nearby. For example, Jumeirah Beach, one of Dubai's most attractive tourist destinations, is only a 19-minute drive from the city. Families often spend their free time at Kite Beach and Umm Suqeim Public Beach.

Final remarks about Meydan area in Dubai

The residential and commercial projects in Meydan neighborhood attract property investors considering buying homes in Dubai. Those interested in buying a villa in Dubai can enjoy tranquility and urban life along with the best restaurants and shopping centers in the world by investing in this area. With its international racecourse, golf club, and the Meydan One skyscraper, this district offers a unique experience of luxury living.