Sub Area · Transactions · 2016

Meydan Property Transactions 2016

356 property sales worth ⃃ 1.9B were registered in Meydan in 2016, 87.4% higher than 2015 by number of sales. The median sale price was ⃃ 4,069,000 and the median price per square foot ⃃ 1,267 (+1.4% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 356 salesUpdated: 18 Oct 2026
Property sales
356
+87.4% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 1.9B
+32.2% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 4,069,000
+95.9% vs 2015
356 sales
Median price per sq ft
⃃ 1,267
+1.4% vs 2015
356 sales

What types of property sold in Meydan in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments9025.3%⃃ 132.46M⃃ 1,309,806⃃ 1,183
Villas6016.9%⃃ 390.63M⃃ 7,881,650⃃ 1,244

How were 2016 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)32491%⃃ 1.7B⃃ 4,069,000⃃ 1,302
Resale (secondary)329%⃃ 150.87M⃃ 3,346,200⃃ 1,110
Off-plan30585.7%⃃ 1.2B⃃ 4,069,000⃃ 1,303
Ready5114.3%⃃ 679.51M⃃ 4,244,400⃃ 250

How many rental contracts were registered in Meydan in 2016?

42 rental contracts (new and renewed) were registered in Meydan in 2016, at a median annual rent of ⃃ 175,000. Rental yields in Meydan

What were the most expensive property sales in Meydan in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/04/2016Meydan RacecoursePlot329,058 sq ft⃃ 350,991,967Primary · Ready
29/11/2016Meydan RacecoursePlot92,065 sq ft⃃ 46,032,500Primary · Ready
25/04/2016Meydan RacecoursePlot87,810 sq ft⃃ 21,941,220Resale · Ready
09/05/2016Meydan RacecoursePlot40,053 sq ft⃃ 16,100,000Resale · Ready
09/08/2016Meydan RacecoursePlot30,785 sq ft⃃ 13,791,680Resale · Ready
11/01/2016Meydan RacecoursePlot15,000 sq ft⃃ 13,125,000Resale · Ready
25/04/2016Meydan RacecoursePlot15,000 sq ft⃃ 11,250,000Primary · Ready
25/04/2016Meydan RacecoursePlot62,581 sq ft⃃ 11,250,000Primary · Ready
11/08/2016MeydanPlot15,000 sq ft⃃ 9,750,000Primary · Ready
11/08/2016Meydan RacecoursePlot44,999 sq ft⃃ 9,750,000Primary · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/12/2016Grand Views4 beds · Townhouse2,347 sq ft⃃ 3,990,750Primary · Off-plan
28/12/2016Grand Views4 beds · Townhouse3,313 sq ft⃃ 4,482,000Primary · Off-plan
22/12/2016The Polo Residence - A12 beds · Apartment1,535 sq ft⃃ 1,997,138Primary · Off-plan
21/12/2016The Polo Residence - D51 bed · Apartment814 sq ft⃃ 1,024,901Primary · Off-plan
21/12/2016Grand Views4 beds · Townhouse3,314 sq ft⃃ 4,316,000Primary · Off-plan
20/12/2016The Polo Residence - C32 beds · Apartment1,535 sq ft⃃ 1,500,000Resale · Off-plan
20/12/2016Grand Views4 beds · Townhouse2,347 sq ft⃃ 4,069,000Primary · Off-plan
15/12/2016The Polo Residence - C41 bed · Apartment821 sq ft⃃ 960,000Resale · Off-plan
30/11/2016The Polo Residence - B13 beds · Apartment2,069 sq ft⃃ 2,761,446Primary · Off-plan
29/11/2016The Polo Townhouses3 beds · Villa2,532 sq ft⃃ 3,300,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2016 with the whole of 2015.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/meydan/2016
Meydan Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/meydan/2016

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Meydan in 2016?
356 property sales worth ⃃ 1,856,157,048 were registered in Meydan in 2016. That is 87.4% higher than 2015.
What was the median property price in Meydan in 2016?
The median sale price was ⃃ 4,069,000 and the median price per square foot ⃃ 1,267 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Meydan were off-plan or from developers?
Developer (primary) sales were 91% of the 356 sales and resales 9%. Off-plan units made up 85.7% and ready units 14.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/meydan/2016