Meydan City
ABOUT
NEIGHBORHOOD
TRANSPORTATION
EDUCATION
SOCIAL AND CULTURAL FACILITIES
COST OF LIVING
OVERVIEW
REAL ESTATE MARKET
TYPES OF HOUSING
About Meydan City
Rising from the desert sands like a mirage, Meydan City in Dubai is a dazzling metropolis where luxury meets leisure, and ambition soars alongside thoroughbreds. Envision a 9-hole golf course nestled amidst towering skyscrapers, a 1-mile grandstand pulsing with the energy of the world's richest horse race, and a shimmering canal lined with yachts and trendy restaurants. This is Meydan City, a testament to Dubai's audacious vision and a playground for the elite.
IN A NUTSHELL:
- Home to the world’s richest horse race
- A thriving business hub offering world-class infrastructure
- Constantly evolving with exciting new projects in Meydan City in the pipeline
- A variety of luxurious residential options, from apartments in the opulent The Paddock to mansions on the waterfront
- Meydan boasts a vibrant nightlife scene with nightclubs and bars
- Easy access to a skilled workforce attracting companies from various industries like aviation, IT and logistics
Here are some of the top attractions you won't want to miss:
- Dubai Aquarium & Underwater Zoo: Home to over 140 species of marine life, including sharks, rays, and seahorses, this aquarium is a fascinating underwater adventure.
- The Dubai Mall Fountains: These choreographed fountains are a true spectacle, shooting water up to 500 feet in the air in time to music and light.
- Kite Beach: This popular beach is a great place to relax, swim, or try your hand at kitesurfing. There are also plenty of restaurants and cafes nearby.
- Hartland Greens Park: This sprawling park is perfect for a picnic, a bike ride, or a game of frisbee. There's also a children's playground and a lake.
Transportation
Meydan City's transportation options cater to both speed and luxury. While the future holds promise for a tramline whisking passengers directly to the iconic racecourse, getting around currently relies on a well-organized road network and convenient on-demand services. Public buses connect the district to several metro stations, offering access to the wider city with a single transfer. Taxis are readily available through the RTA app, and ride-hailing giants Uber and Careem provide premium choices for those seeking a swifter escape. However, it's worth noting that the nearest metro station lies a short drive away in Business Bay, making public transportation less frequent compared to other Dubai districts. Despite this, Meydan City's strategic location alongside major highways and its focus on car-friendly infrastructure ensure residents and visitors can navigate Dubai's vibrant landscape with ease.
Education
Meydan City offers a flourishing landscape of educational opportunities, catering to both early learners and ambitious young minds. Renowned international schools like Kent College Dubai and North London Collegiate School Dubai provide rigorous curriculums, while Ecole Bilingue Française Internationale fosters bilingualism from a young age. For smaller tots, esteemed nurseries like Kido and Babilou d3 create nurturing environments with playful learning. With a focus on personalized development and cutting-edge facilities, Meydan City's educational scene cultivates well-rounded individuals prepared for global success.
Social and Cultural Facilities
Beyond the glamor of the racetrack and luxurious residences, Meydan City in Dubai cultivates a vibrant social and cultural scene. Art enthusiasts gather at the Meydan Sobha Art Gallery, showcasing contemporary works from regional and international talents. Families weave through the landscaped Meydan Avenue, a pedestrian haven dotted with cafes and playgrounds. On weekends, the Meydan Racecourse transforms into a buzzing market, alive with local crafts, live music, and culinary delights from around the world. For a taste of tradition, the Meydan Grandstand offers falconry experiences and heritage exhibits, delving into Emirati culture and equestrian history. As the sun sets, sophisticated residents and visitors mingle at chic rooftop bars and elegant restaurants, enjoying panoramic views of the illuminated racetrack and the city skyline. From artistic explorations to bustling bazaars and elegant evenings, Meydan City caters to diverse appetites, weaving a tapestry of social interaction and cultural expression that complements its modern grandeur.
Cost of Living
Meydan City combines urban convenience with luxury living, but at a premium price. A one-bedroom apartment rents in Meydan City for roughly AED 60,000 per year, although larger configurations and premium locations can cost more than AED 140,000. Groceries and restaurants are often more expensive than in other Dubai districts, but if you know where to look, you can find more affordable options. Transportation costs are reasonable, with easy access to the Dubai Metro and buses. Utilities are likewise manageable, and Meydan's free-zone status ensures no income tax. However, entertainment and leisure activities can be costly, with Meydan housing some of Dubai's best restaurants and attractions, including the Meydan Racecourse.
Overview
Meydan City is a stunning development in Dubai that rises from the desert like a dream of luxury and leisure. This ambitious project, originally conceived by Sheikh Mohammed bin Rashid Al Maktoum, has grown into a flourishing town within the city, centered on the historic Meydan Racecourse. Meydan City offers more than just horse racing. It's a playground for the wealthy, offering a plethora of experiences within its sparkling embrace. Meydan City is more than just a tourist destination; it is a way of life. It exemplifies Dubai's bold spirit, where luxury knows no limitations and each experience is a memorable chapter in your Arabian dream.
Real Estate Market
Housing and rental prices
Meydan City is a luxurious development in Dubai that offers a variety of housing options, from apartments to villas. The rental prices for apartments in Meydan City range from AED 48,000 to AED 264,999 per year, depending on the size and location of the apartment. For example, a one-bedroom apartment in Meydan Avenue can rent for around AED 48,000 per year, while a three-bedroom apartment in the same area can rent for around AED 120,000 per year.
Villas in Meydan City are more expensive than apartments, with rents starting at around AED 280,000 per year. The most expensive villas in Meydan City can rent for over AED 1 million per year. Meydan City is a great place to live if you are looking for a luxurious and convenient lifestyle. The community is home to a number of amenities, including a racecourse, a golf course, and a variety of restaurants and shops. Meydan City is also well-connected to the rest of Dubai, with easy access to the Dubai Mall and the Dubai International Airport.
Vartur Real Estate can help you find your dream property in Meydan City, whether you're looking to rent or buy.
What has been the district property price trend in recent years? What are the predictions for the future of this trend?
Meydan City is experiencing a thrilling property market charge. Fueled by the city's relentless growth and its transformation into a vibrant residential and leisure hub, property trends in Meydan are galloping ahead. Luxury apartments and villas, nestled amidst manicured green spaces and shimmering artificial lakes, are witnessing a surge in demand, especially among high-net-worth individuals seeking an exclusive lifestyle. Property prices in Meydan City, though still on the premium side, are showing signs of stabilization after a period of correction, offering potential buyers a more balanced entry point.
Beyond residential, commercial spaces are also flourishing. Meydan One is attracting international brands and upscale restaurants, further boosting the area's appeal. Meanwhile, co-working spaces and business centers are cropping up, catering to the city's growing entrepreneurial spirit. Meydan City's property market paints a picture of exhilarating growth, albeit with a dash of caution. For those seeking an exclusive address in Dubai's dynamic landscape, Meydan offers a promising proposition, but careful consideration and a keen eye on market trends are essential before taking the plunge.
Which are the most popular and valuable areas in the district?
Here's a peek into its most popular areas, each offering a unique flavor:
Meydan Racecourse: Witness thoroughbreds thunder down the iconic Meydan Racecourse, home to the Dubai World Cup, one of the richest horse races globally. Feel the electric atmosphere, cheer for your favorite steed, and soak in the opulent surroundings.
Meydan Avenue: Discover a dynamic community at Meydan Avenue. Catch a movie at the multiplex cinema, grab a bite at the array of restaurants, or unwind at the cafes. Families will love the children's play area and the serene green spaces.
The Track, Meydan Golf: Tee off at the championship-level The Track, Meydan Golf. This 9-hole oasis, designed by none other than legendary golfer Ernie Els, offers stunning views of the Meydan Racecourse and a challenging yet rewarding golfing experience.
Types of Housing
Here's a list of the different types of housing in Meydan City:
Apartments: Apartments in Meydan City range from studios to spacious three-bedroom units, making them ideal for singles, couples, and families. They are mostly found in developments like Meydan One and Azizi Riviera, offering stunning views of the Meydan racecourse or the surrounding cityscape.
Villas: For those seeking more privacy and space, villas in gated communities like the Meydan Gated Community and The Polo Residences are a great option. These luxurious villas typically have private pools, gardens, and balconies, and often come with access to exclusive amenities like gyms and swimming pools.
Townhouses: Townhouses offer a middle ground between apartments and villas, providing more space and privacy than apartments but without the hefty price tag of a full villa. Meydan City’s townhouses are a good choice for families or those who want a sense of community.
Hotel apartments: For those who want the convenience of hotel-style living with the privacy of an apartment, hotel apartments are a good option. These units are typically located in hotel towers like the Meydan Racecourse Hotel and offer access to hotel amenities like housekeeping, room service, and concierge services.