Meydan Racecourse Community
apartment community
A luxury residential community surrounding the famous Meydan Racecourse, home to the Dubai World Cup.
DUBUY VERDICT
Capital growth, not cashflow for the appreciation thesis
Meydan Racecourse Community has compounded 99% over 3 years. Yields are below median — buy for resale, not rental income.
YoY change
+22.6%
3-yr growth
+99%
Gross yield
—
5yr volume
1,953
Median PSF
AED 1,472
Apartments
YoY change
+22.6%
3-yr growth
+99%
PSF growth to 2026
Gross yield
—
Meydan Racecourse Community is a primarily apartment-based community in Dubai with 1,953 transactions on record over the last five years. Median price per square foot sits at AED 1,472, up 22.6% year-on-year, outperforming the city-wide 13.3% benchmark. Use the tabs above to drill into the market detail, rental economics, schools catchment, lifestyle amenities, off-plan pipeline or active listings.
Affordability quick-look
Pre-filled with Meydan Racecourse Community median. Drag the sliders — DLD-typical 4.5% APR over 25 years.
Monthly payment
AED 7K
Loan AED 1.18M · 25 yrs @ 4.5%
Indicative only — real rates vary by bank, residency status and credit profile. UAE typically requires 20–25% down for residents, 35–50% for non-residents.
What residents say about Meydan Racecourse Community
Praised for dedicated jogging track available separate from cycling lane. Criticised for meydan freezone charges excessive fees for visa renewal applications.
Resident sentiment
Bottom 5%
vs all tracked Dubai communities
“Employer withholding salaries and imposing unjustified training fees”
“Quick and efficient license processing timeline compared to other zones”
Reddit r/dubai, r/UAE, r/expats · 76 on-topic mentions · updated 2026-04-24
What they talk about
- price100%
- safety89%
- service charges89%
- community72%
- commute72%
- developer reputation67%
Sentiment trend
—
Need 1 more quarter
Mostly discussed by
residents
38% of mentions
Sentiment over time
Sentiment from Q3 2025 to Q1 2026 moved from -0.28 to -0.52. Based on 66 mentions across 3 quarters.
What people praise
- +Dedicated jogging track available separate from cycling lane×2
- +More affordable alternative to Business Bay×1
- +Quick and efficient license processing timeline compared to other zones×1
- +Affordable license fees starting at reasonable rates for business setup×1
- +Streamlined FAWRI license option enables rapid business launch×1
What people criticise
- −Meydan Freezone charges excessive fees for visa renewal applications×5
- −Recurring alarm issues across multiple buildings causing severe psychological distress to residents×3
- −Employer withholding salaries and imposing unjustified training fees×3
- −Unexplained loud banging sounds disrupting the area×3
- −Running track unusable for non-residents without vehicle parking×2
What people talk about
Horizontal bars showing how often each aspect is discussed and how positively or negatively. Longest bars are most-discussed aspects.
Paraphrased by AI from the original Reddit content — never verbatim. Click any card to read the source thread.
“Quick and efficient license processing timeline compared to other zones”
“Meydan free zone offers affordable business setup packages starting from few thousand dirhams”
“Wellfit Meydan offers better facilities than Pure Gym Barsha”
“Employer withholding salaries and imposing unjustified training fees”
“Malfunctioning fire alarms trigger repeatedly at night with unbearably loud sound levels”
“Channel partner charges excessive professional fees for license renewal”
Who's talking
Communities with similar vibes
Based on cosine similarity of what people praise and criticise about each area.
Based on 76 Reddit posts and comments (2021–2026) from r/dubai, r/UAE, r/expats and r/digitalnomad, scored by Claude Haiku. Last updated 2026-04-24. Read the full methodology.
Market Context
Dubai's property market has grown 60% since the 2020 pandemic low. Meydan Racecourse Community is growing faster than the citywide average, indicating strong local demand.
Nearby schools15 schools
View on DubaiSchools.ai0
6
5
100/100
Rashid and Latifa School
Dewvale School L.L.C
Bilingual French International School L.L.C-FZ
Hartland International School - FZ
North London Collegiate School Middle East L.L.C - FZ
GEMS Our Own Indian School
Available Curriculums
School data from DubaiSchools.ai • KHDA ratings • Updated May 2026
Local amenities
Amenities within 2.5km walking distance • 14 total outlets near Meydan Racecourse Community• Click a category to explore
Car-Dependent
Lifestyle Scores
Data source: OpenStreetMap via Overpass API • 2.5km radius • Last updated: June 2026
Transport & Lifestyle
Based on metro, tram, bus & marine access
Based on parks, cycling tracks & local amenities
Nearby Landmarks & Transport
Based on DLD transaction records for properties in Meydan Racecourse Community
Metro Stations
Al Ras Metro
Nearest
Palm Deira Metro
Baniyas Square Metro
Shopping Malls
Al Ghurair Centre
Nearest
BurJuman Centre
City Centre Deira
Landmarks
Gold Souk
Nearest
Travel times from Meydan Racecourse Community
Real drive times based on Dubai road network • Peak hours (8-10am, 5-8pm) shown
Active listings in Meydan Racecourse Community
Sale and rental listings pulled from PropertyFinder. Filter by purpose, bedrooms, or price — sort live.
No active listings indexed yet
PropertyFinder syncs are weekly. Try again soon, or browse PropertyFinder directly.
Investability index
5-driver composite · v1.0
Investor-leaning. Not a buy/sell signal — cross-reference drivers before deciding.
6-month forecast
From 2025Q4 · 8 quarters of data
AED 2,199/sqft → AED 2,467/sqft
Range AED 2,146 – 2,788· +7.5 pp vs Dubai forecast (+4.7%)
Drivers
Base trend
OLS slope of last 8 quarters' median psf, projected 6mo
Supply pressure
0% off-plan share — low incoming supply
OLS trend + supply pressure + sentiment momentum. Not a substitute for property-level appraisal. Methodology →
Value a unit in this community
Bedroom-specific psf, building-tier adjusted, with the actual comparables we used. Free — methodology shown.
Price Trends
Median PSF change over time
3 months
-7.7%
6 months
+35.0%
1 year
+49.2%
2 years
+70.9%
Median price per square foot (PSF), quarter-on-quarter, ending 2025Q4. From DLD transactions; monthly granularity isn't published.
| Quarter | Median/sqft | Transactions | Change |
|---|---|---|---|
| 2026Q1 | AED 2,036 | 28 | -7.4% |
| 2025Q4 | AED 2,199 | 156 | -7.7% |
| 2025Q3 | AED 2,382 | 134 | +46.2% |
| 2025Q2 | AED 1,629 | 102 | +11.9% |
| 2025Q1 | AED 1,456 | 95 | -1.2% |
| 2024Q4 | AED 1,474 | 114 | +0.4% |
| 2024Q3 | AED 1,468 | 104 | +6.1% |
| 2024Q2 | AED 1,384 | 104 | +1.1% |
| 2024Q1 | AED 1,369 | 275 | +6.4% |
| 2023Q4 | AED 1,287 | 127 | +4.5% |
| 2023Q3 | AED 1,231 | 92 | +5.5% |
| 2023Q2 | AED 1,167 | 61 | +5.5% |
| 2023Q1 | AED 1,106 | 54 |
Property Mix
By Type
Room Distribution
Area health & valuations
Healthcare, education, government housing, air quality, and official land valuations.
Real Estate Agents in Dubai
DLD-licensed agents • 39,463 registered brokers from 12,135 agencies
View All AgentsTop Agencies by Team Size
Featured Agents
All agents verified through Dubai Land Department (DLD) licensing system
Service charges
RERA-registered rates for Meydan Racecourse Community
Average
AED 16/sqft
Source: RERA / DLD (2025)
- •Thin transaction volume (slow price discovery)
Composite of leverage trend, transaction velocity, asking-vs-realized wedge, sentiment proxy, and off-plan share. Higher = more vulnerable to a downturn. Not a buy/sell signal — context only.
Green coverage
High green coverageCounts OpenStreetMap-tagged green features (parks, gardens, woods, grass, pitches) within a 2.5km walking radius of the community centroid. Weighted score privileges named parks + established woods over generic grass strips. v2 will add ESA WorldCover 10m satellite NDVI for actual % canopy coverage — captures everything green including private gardens, road verges, and golf courses.
Time machine
historical median PSFPick a date and click "Look up" to see this community's median PSF and transaction counts on that day. Data starts from when our weekly DLD pipeline began persisting snapshots.
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Similar to Meydan Racecourse Community
Data updated June 2026 · DLD Official Records
Highlights
Frequently asked questions about Meydan Racecourse Community
What is the average property price in Meydan Racecourse Community?
The median property price in Meydan Racecourse Community is AED 1,573,750, with a median price per square foot of AED 1,472. Prices have changed +22.6% year-over-year as of the latest DLD data.
What types of properties are available in Meydan Racecourse Community?
Meydan Racecourse Community is primarily an apartment community with approximately 92% apartments and 0% villas. The most common property types include Flat (1,763), Shop (19), Office (13).
How is the real estate market performing in Meydan Racecourse Community?
Meydan Racecourse Community has seen 1,953 property transactions over the past 5 years. The current year-over-year price change is +22.6%, with 1,112 transactions in the last 12 months. This data is sourced from the Dubai Land Department (DLD).
Numbers above are derived from Dubai Land Department (DLD) transaction records and Ejari rental contracts as of early 2026.How we built this.