MEYDAN
About Area
Meydan stands as a testament to luxury and grandeur. This iconic district is situated just a stone’s throw away from the city center, creating a harmonious blend of opulence and accessibility. Meydan’s strategic location along Al Meydan Road positions it as a prime destination for those seeking sophistication and style.
Key Features
- Premium Price Range: Meydan’s real estate commands a premium, with average prices ranging from AED 2.5 million to AED 15 million, attracting high-net-worth investors seeking exclusive and upscale properties.
- Annual Appreciation: Over the past five years, Meydan’s properties have showcased a consistent annual appreciation rate of 5-7%, underlining its resilience and attractiveness for long-term investments.Rental Yield: The district offers competitive rental yields, averaging around 6-8%, providing investors with a lucrative source of income through leasing properties.
Real Estate:
- Luxury Villas Breakdown: Meydan’s real estate landscape is dominated by luxury villas, constituting approximately 60% of the properties. These opulent residences contribute to the district’s allure and investment potential.
- Variety in Property Types: Meydan’s portfolio includes a diverse range of properties, from expansive villas to modern apartments. Investors can choose from different property types, allowing for a tailored investment strategy.
