Dubai · Area Guide
Meydan
Racecourse district turned mid-prime
Apartments
AED 1500/sqft
Villas
—
Gross yield
6–7%
Best for
Yield investors
The district around the Meydan Racecourse has densified rapidly, led by Azizi Riviera's 16,000-unit, French-Riviera-styled canal community within Meydan One. Its appeal is location arbitrage: ten minutes from Downtown at roughly 60% of the price per square foot. The tenant base is young professionals who trade commute time for newer stock and lagoon amenities. Completion of the wider Meydan One retail and canal infrastructure is the key catalyst to watch.
Al Khail Road and Ras Al Khor Road; Downtown in about 10 minutes, DXB roughly 15 minutes, no metro yet.
Central-adjacentOff-plan-ledLagoon lifestyle
Who it suits
- Yield investors
- Young professionals
Landmarks
- Meydan Racecourse
- Meydan One (under construction)
- Ras Al Khor