Why Meydan is emerging as a favourite investment location for Dubai real estate.
Dubai’s Luxury Property Market Surpasses $19 Billion in 2024, With Meydan Rising as a Prime Investment Hub
Luxury real estate transactions in Dubai exceeded $19 billion in 2024, with Meydan increasingly recognized as a top-tier destination for premium living and lucrative real estate opportunities, according to insights from ZāZEN Properties.
Fuelled by a wave of sophisticated developments, strategic urban planning, and strong real estate performance, Meydan is rapidly capturing the interest of discerning homebuyers and seasoned investors alike.
Its growth trajectory is closely aligned with the strategic objectives of the Dubai Urban Master Plan 2040 and the Dubai Economic Agenda D33, both of which promote interconnected, eco-conscious, and community-driven urban environments.
Meydan’s Role in Dubai’s Property Landscape
Meydan blends residential, commercial, and lifestyle elements, offering upscale retail outlets, world-class hotels, gourmet dining venues, and vast green landscapes designed for families and professionals.
The demand for high-end real estate continues to surge, with properties exceeding AED15 million ($4.1 million) reaching a total sales volume of AED71 billion ($19.3 billion) in 2024 — marking an extraordinary 688% growth compared to 2015.
This upward trend is expected to hold strong as demand continues to outstrip supply, further fuelled by a string of major developments in the Meydan area.
Among these are a AED947 million ($258 million) ultra-luxury villa community, a AED300 million ($81.7 million) residential project featuring 110 exclusive units by a global developer, a AED100 million ($27 million) eco-friendly residential enclave equipped with smart home features, as well as a range of tailor-made villas and contemporary apartment complexes.
Madhav Dhar, Co-Founder and COO of ZāZEN Properties, commented: “Meydan is becoming a standout micro market for premium, sustainable living. The area’s blend of luxury-focused development, excellent connectivity, and expansive green zones perfectly matches ZāZEN Properties’ commitment to crafting innovative and future-forward communities.”
“Its easy access to Downtown Dubai, Business Bay, Sheikh Zayed Road, Al Khail Road, and Dubai International Airport makes it a strategic and appealing location for both end-users and investors,” he added.
Offering anticipated annual rental yields between 6% and 8%, Meydan delivers above-average returns compared to other prestigious districts in Dubai and key international real estate markets.
