−6% Meydan
A government-linked master developer that owns the land under Mohammed Bin Rashid Al Maktoum City and the racecourse where the Dubai World Cup is run. It shapes territory more than it builds individual towers.
11 lots in stock across 5 projects. Of the 5 with a known status: 3 ready, 2 under construction. By median price — 20th of 139.
- Waterfront villas inside the city
- Long-term ownership
- Ready district infrastructure
- Family buyers
Median price $2.18M AED 8 000 000
Entry price $252K AED 925 000 — the cheapest lot
Per square foot $683 AED 2 508 / sq.ft, median
Completed stock 60% 3 lots discounted, deepest −6%
Where they build
The districts where this developer has the most lots in our stock.
MBR City 5 Nad Al Sheba 2 Production City 1
The company in brief
Checkable facts about the developer itself. Unlike the figures above, these are not about our stock and do not move with what happens to be listed today.
- Founded
- 2007, government-linked
- Core asset
- the land under Mohammed Bin Rashid Al Maktoum City
- Racecourse
- Meydan Racecourse, home of the Dubai World Cup
- District One
- a 501-hectare master community around a 7 km crystal lagoon
- Open space
- roughly 65% of District One is open space
- In progress
- Meydan One, District One West, Meydan Horizon
What kind of developer this is
What a master developer actually does
It owns the land, draws the master plan, lays the roads and utilities, and then sells or allocates plots to other companies to build on. That is a different business from selling apartments, and it changes what the name on the district guarantees.
The reputation of the master developer stands behind the environment: the layout, the roads, the parks, the lagoon. It does not stand behind the concrete in any particular building. Both matter, and they are not the same promise.
Mohammed Bin Rashid City
The flagship is a large residential quarter between Downtown, Al Quoz and the Al Ain road, conceived as a city inside the city. Its centrepiece is a master community built around an artificial lagoon with sand beaches, cycling routes and running paths, with the majority of the site given over to open space.
The proposition is unusual and easy to state: waterfront villas with a beach, minutes from Downtown rather than out on the coast. The alternatives are either genuinely on the sea and cost several times more, or in the suburbs and cost an hour of driving.
What to check before you sign
Who is building your block, and what their own record looks like. Then the project number, the escrow account and the construction progress in the Land Department register, and the handover date in your contract rather than in the brochure.
And read the master plan for what stands between your building and the water on paper, not on site. The district is being built out in phases, and a plot that is empty today is a tower in three years.
Projects by Meydan
All projects →Meydan listings in stock
All stock →
What these numbers mean, and what they do not
There is no “developer” column in the base — a lot is attributed by its project name. The figures on this page speak about our stock, not about the company’s share of the Dubai market: a large developer with a big completed portfolio may appear smaller than one whose units come up for resale more often.
Prices come from listings, not from closed deals. For a particular building I retrieve the registered Land Department sales and show the real closing prices.
Video
Meydan on video
Project breakdowns from the English channel. Every clip has a written version on a page of its own.
4:15 Video
Lamborghini villas in Meydan: half the price of Ellington, and why
Thirty five-bedroom villas in Meydan D11, 682 m² each, from AED 13.2 million. A 100-metre lagoon, a lazy river, four-metre ceilings and twelve corner plots — ten minutes from Downtown.
WatchIn the news
Binghatti developer: an AED 100bn portfolio, Bugatti, Mercedes-Benz and Binghatti City — two years of growth
In October 2024 Binghatti said it would lift its portfolio from about AED 40bn to AED 100bn ($27.2bn) in 18 months. In 2025 revenue reached AED 12.43bn, more than 17 000 units were sold, and the AED 30bn Binghatti City launched in Nad Al Sheba. What the growth means for buyers.
Nakheel and Meydan inside Dubai Holding: what the 2024 merger changed for property buyers
In March 2024 Nakheel and Meydan were folded into Dubai Holding and their boards dissolved. By 2026 Palm Jebel Ali has 544 villas on Fronds A–F and 728 on K–P in finishing works, and 892 homes at Jebel Ali Village are being handed over. What changed for buyers, and what did not.
Meydan Horizon: not a project but an urban cluster inside MBR City
The distinction is practical: a cluster has its own master plan, its own infrastructure and its own growth logic. What is planned, how it connects, and what a crystal lagoon does to rents.
Meydan: a master developer whose land other developers build on
The company behind Meydan City and much of the district around it. Why the name on the master plan is often not the name on your building, and what each of them is responsible for.
Other developers
All developers → Questions
Meydan: questions and answers
How much does a Meydan apartment cost?
The median across this developer's lots in our stock is $2.18M (AED 8 000 000), with entry from $252K. The median per square foot is $683. The figures come from asking prices in our base, not from the Meydan price list, and they are recalculated nightly to reflect what is actually for sale today.
Are there discounts on Meydan property?
Right now the base holds 3 lots from this developer priced below the market, with the deepest cut at 6%. It is the seller on the secondary market or on an assignment who cuts the price, not the developer — each has a reason to hurry. The discount is calculated by an algorithm relative to comparable property, with no manual broker estimate.
Is Meydan a reliable developer?
Founded: 2007, government-linked. A developer is checked against the Land Department’s open register rather than a brochure: it shows the licence status, the construction progress of each project and the registered escrow account. On off-plan the buyer’s money goes into that account under RERA supervision and is released against verified milestones. The full dossier is in the write-up above.
What projects is Meydan building?
The site catalogue covers 5 projects by Meydan, each with a building passport — storeys, units, handover date and bedroom mix. They are listed above, and the “Where they build” block shows the districts with the most of its lots. Any lots on sale appear directly beneath their project.
Should I buy from Meydan direct or through a broker?
The price is the same: on off-plan the developer pays the broker’s commission, not the buyer, so going straight to the sales office saves nothing. The difference is elsewhere — a developer’s sales office shows its own projects only, and will not tell you that the same thing next door is cheaper or that this project is running later than advertised. On resale and assignment the commission is the standard 2% plus VAT.
Is Meydan worth buying
That depends on what you buy and why. Describe the budget and the aim — I will point out which of this developer’s buildings are justified today and which are better left alone.
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