Meydan
Racecourse, lagoon living and Downtown on the doorstep
Community guide
Meydan is a freehold district of Mohammed Bin Rashid City around Meydan Racecourse, minutes from Downtown Dubai. It suits first time buyers and investors seeking studios from about AED 700,000, as well as families looking at gated apartments and villas near the racecourse.
Key takeaways
- Meydan saw 7,329 leases and 1,660 sales in the year to September 2026 across the 19 projects in our data, according to DLD and Ejari.
- Compact studios drive the market: 746 changed hands at around AED 700,000, earning roughly 7.1% gross.
- Azizi Riviera alone accounted for 1,085 sales and 6,300 rental contracts, making it one of the busiest communities in Dubai.
- About a third of sales (561) were off plan, led by Tonino Lamborghini Residences.
- Meydan Racecourse, opened in 2010, holds more than 60,000 spectators and hosts the Dubai World Cup.
Meydan is a good fit for buyers who want a central Dubai address at a lower entry price than Downtown, with plenty of rental demand behind it. The district spreads around Meydan Racecourse, home of the Dubai World Cup, and covers Meydan One, where Azizi Riviera lines a crystal lagoon, and Meydan Avenue in Nad Al Sheba 1, with its low rise buildings and gated villa estates. Studios dominate sales, typically changing hands for about AED 700,000 and renting for around AED 50,000 a year in the 12 months to September 2026. Larger homes are found in The Polo Residence and the Grand Views villas. Young professionals, investors chasing yield and families who want space near the city all find something here.
Key facts
- Location
- Mohammed Bin Rashid City and Nad Al Sheba 1, off Al Khail Road
- Main sub communities
- Meydan One (Azizi Riviera), Meydan Avenue, The Polo Residence, Grand Views
- Property types
- Apartments, penthouses, townhouses and villas
- Typical studio sale price
- AED 700,000 (DLD, 12 months)
- Typical 1 bedroom sale price
- AED 1.3M (DLD, 12 months)
- Typical studio rent
- AED 50,000 a year, about 7.1% gross
- Tenure
- Freehold, open to foreign buyers
- Best for
- Yield focused investors, first time buyers and families wanting gated villas
Building guides in Meydan
Facts, live asking and sold prices, yields and amenities for each tower.
Market data
Meydan prices and rents by bedroom
Dubai Land Department registered sales and Ejari registered rents from 26 Sept 2025 to 25 Sept 2026, across the 19 buildings and communities we track in Meydan.
- Sales registered
- 1,660
- 561 off plan
- Rents registered
- 7,329
- Typical price per sq ft
- AED 2,037
- Homes listed now
- 3,373
| Size | Sales | Typical price | AED per sq ft | Typical rent | Gross yield |
|---|---|---|---|---|---|
| Studio | 746 | AED 700K | 2,039 | AED 50K a year | 7.1% |
| 1 bed | 560 | AED 1.3M | 2,029 | AED 75K a year | 5.8% |
| 2 bed | 257 | AED 2.5M | 2,057 | AED 100K a year | 4.7% |
| 3 bed | 52 | AED 4.9M | 2,500 | AED 130K a year | 4.8% |
| 4 bed | 26 | AED 6M | · | AED 300K a year | 5.0% |
| 5 bed | 0 | · | · | AED 700K a year | · |
| 6 bed | 0 | · | · | AED 550K a year | · |
What sold here
1,660 homes changed hands in Meydan over the last 12 months, 34% of them bought off plan.
Most traded: Azizi Riviera (1,085, AED 700K); Tonino Lamborghini Residences (159, AED 2.5M); The Polo Residence (117, AED 2.5M)
Top buildings in Meydan
| Building | Developer | Completion | Sales, 12 months | Typical price |
|---|---|---|---|---|
| Azizi Riviera | Azizi Developments | · | 1,085 | AED 700K |
| The Polo Residence | MAG Group (IGO Property Development) | 2017 | 117 | AED 2.5M |
| Azizi Riviera Beachfront | Azizi Developments | 2025 | 92 | AED 736K |
| Tonino Lamborghini Residences | Gulf Land Property Developers | off plan | 159 | AED 2.5M |
| Grand Views | G&Co | 2018 | 33 | AED 6M |
| Prime Views | Prescott Real Estate Development | 2021 | 9 | AED 1.3M |
| Azizi Riviera Azure | Azizi Developments | · | 17 | AED 1.6M |
| Azizi Park Avenue | Azizi Developments | 2023 | 4 | AED 960K |
Typical figures are medians weighted by the number of deals. Yields are gross: typical rent divided by typical price.
From racecourse to lagoon: how Meydan fits together
Meydan takes its name from the racecourse at its heart. The grandstand and The Meydan Hotel opened in 2010 on the site of the former Nad Al Sheba Racecourse, and the venue now hosts the Dubai World Cup each spring. Around it, the wider Meydan and Mohammed Bin Rashid City master plan has filled in with residential neighbourhoods that differ a great deal in scale and price.
To the north east, Meydan One is dominated by Azizi Riviera, a waterfront community of 69 mid rise buildings set along a 2.7 km swimmable crystal lagoon, with shops and cafés at street level. South of the racecourse, Meydan Avenue in Nad Al Sheba 1 holds smaller five to seven storey buildings by Azizi, Prescott and Rockwell, the gated Polo Residence by MAG, and the villa estates of Grand Views and Millennium Estates. District One is a separate neighbourhood with its own guide.
Racing, golf, lagoon beaches and schools around Meydan
Residents tend to split their time between the lagoon promenade, the racecourse side and the schools just across the road in Sobha Hartland. Most people get around by car, using Al Khail Road and Meydan Road to reach Downtown Dubai and Business Bay.
- •Bilingual French International School, licensed by the KHDA, is next to The Meydan Hotel on Meydan Street.
- •From Azizi Riviera, NLCS Dubai and Hartland International School in neighbouring Sobha Hartland are less than 1 km away.
- •The Track, Meydan Golf is about 0.5 to 1 km from Azizi Riviera and the north of Meydan Avenue.
- •Cyclists use the Nad Al Sheba cycle track, roughly 1 km from The Polo Residence.
- •Azizi Riviera has a retail boulevard with supermarkets, pharmacies, clinics and a nursery.
- •Shopping trips to The Dubai Mall mean a 4 to 5 km drive up Al Khail Road or Meydan Road.
The cost of a Meydan home, bedroom by bedroom
The numbers below are DLD registered deals in the 12 months to September 2026 across the 19 buildings and communities we track in Meydan, averaging about AED 2,037 per sq ft. Studios of around 366 sq ft sold for a typical AED 700,000, and one bedroom apartments of about 676 sq ft for AED 1.3M. Two bedroom homes traded at around AED 2.52M, and the 52 three bedroom sales averaged AED 4.86M, lifted by new off plan launches at about AED 2,500 per sq ft.
On the rental side, studios let for roughly AED 50,000 a year, one bedrooms for AED 75,000 and two bedrooms for AED 100,000, which gives gross yields of about 7.1%, 5.8% and 4.7%. Azizi Riviera drove most of the activity, with The Polo Residence and Azizi Riviera Beachfront next. Off plan sales made up around 34% of the total, mainly at Tonino Lamborghini Residences, Emerge Residences and Sukoon by Nuri. Villa stock is thin: four bedroom homes, mostly in Grand Views, sold on just 26 deals at a typical AED 5.95M.
Where Meydan wins
- •Studio yields of about 7% within a short drive of Downtown Dubai.
- •A wide price range, from compact lagoon studios to gated villas.
- •Lagoon beaches and a promenade at Azizi Riviera, plus a golf course and the racecourse nearby.
- •A French bilingual school plus British and IB schools close by.
- •Landlords rarely wait long: Ejari logged 7,329 contracts here in one year.
Choosing well in Meydan
- •Azizi Riviera is a large, busy community, so choose your block and its view of the lagoon carefully.
- •Commuting relies on Al Khail Road and Meydan Road, as no Dubai Metro line runs through the district.
- •Two bedroom yields are lower than studio yields, so match the unit size to your income or lifestyle goal.
- •Around 34% of deals were for unfinished homes, so read the payment plan and completion schedule of each project closely.
Good to know
Meydan questions, answered
Is Meydan a good area to live in?+
Yes. Meydan offers a central location a short drive from Downtown Dubai and Business Bay, a crystal lagoon with beaches at Azizi Riviera, a golf course, the racecourse and three international schools close by. Homes range from compact studios to gated villas, so it suits singles, couples and families alike.
How much is a studio or one bedroom in Meydan?+
In the 12 months to September 2026, a typical studio in Meydan sold for about AED 700,000 and a one bedroom for about AED 1.3M, based on DLD registered deals across the buildings we track. Two bedroom apartments averaged around AED 2.52M. Most studio sales were in Azizi Riviera.
What are rents like in Meydan?+
Ejari contracts in the 12 months to September 2026 show typical annual rents of about AED 50,000 for a studio, AED 75,000 for a one bedroom and AED 100,000 for a two bedroom. Four bedroom homes, mostly villas, let for around AED 300,000 a year.
Can foreigners buy in Meydan?+
Yes. Meydan One sits within Mohammed Bin Rashid City and Meydan Avenue within Nad Al Sheba 1, both designated freehold areas, so foreign nationals can buy apartments, townhouses and villas with full title registered at the Dubai Land Department.
Is Meydan good for rental investment?+
It is one of the more liquid rental markets in central Dubai. Studios returned a gross yield of about 7.1% in the 12 months to September 2026, and the area logged more than 7,300 Ejari contracts. Yields fall to around 4.7% to 5.8% on one and two bedroom homes.
How far is Meydan from Downtown Dubai?+
The Dubai Mall is about 4 to 5 km from most Meydan buildings, usually a short drive along Al Khail Road or Meydan Road. Dubai Design District is about 1.6 km from Azizi Riviera.
Buyer guides
Sources
- Dubai Land Department open data (sales and rents, 12 months to Sep 2026)
- Dubai Racing Club: Meydan Racecourse
- KHDA: Bilingual French International School
- North London Collegiate School Dubai
- Hartland International School
- Zawya: Azizi hands over 667 residences at Riviera
- Wikipedia: Meydan Racecourse (pointer)