Al Jazi Building 1

Al Jazi Building, a Meraas complex in Madinat Jumeirah Living, under construction. Price per square foot AED 3,378 at a size of around 1,110 ft².

What it is

Al Jazi Building 1 is a building within Meraas Holding's residential complex in Madinat Jumeirah Living. Status — under construction. Storey count and number of residences aren't listed in the building record.

In our stock there's a unit of about 1,110 square feet for AED 3.75 million, a price per square foot of AED 3,378.

That's slightly above the district average of AED 3,208, and well below Riwa Building 2 at AED 4,537.

Dubai's city districts: lot median and price per square foot

MJL sits in the upper third of the city table; within the district our own lots range from AED 3,304 to 4,537.

A single-developer district

Madinat Jumeirah Living in our database totals 33 lots, with a median of AED 3.59 million at a price per square foot of AED 3,208.

The whole district is being built by Meraas, and its complexes carry Arabic names: Jadeel, Jomana, Riwa, Al Jazi, Lamaa, Asayel. There's no way to tell them apart by name alone without knowing the district.

Price per square foot varies by 37% between them — from AED 3,304 to 4,537. The difference comes down to lot size, the specific building, and whether it faces the hotel complex across the way.

What to verify is the complex name and building number in the documents: in a district where one developer builds to a single standard, that's exactly what sets the price.

propsearch passport: developer Meraas Holding, status "under construction". Our own stock as of 28 August 2026: the building's lot (size, price, price per square foot), data on Jadeel and Riwa, medians and price per square foot for MJL and the city's districts.