Master Project · Transactions · 2017

Meydan Racecourse Property Transactions 2017

317 property sales worth ⃃ 1.4B were registered in Meydan Racecourse in 2017, 5.4% lower than 2016 by number of sales. The median sale price was ⃃ 1,690,144 and the median price per square foot ⃃ 1,192 (−7.9% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 317 salesUpdated: 12 Nov 2026
Property sales
317
−5.4% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 1.4B
−22.4% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 1,690,144
−58.5% vs 2016
317 sales
Median price per sq ft
⃃ 1,192
−7.9% vs 2016
317 sales

What types of property sold in Meydan Racecourse in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments27486.4%⃃ 407.02M⃃ 1,208,573⃃ 1,192
Villas61.9%⃃ 91.65M⃃ 8,461,600⃃ 1,314

How were 2017 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)25379.8%⃃ 1.2B⃃ 1,700,000⃃ 1,194
Resale (secondary)6420.2%⃃ 220.78M⃃ 1,680,000⃃ 1,167
Off-plan26984.9%⃃ 525.93M⃃ 1,600,000⃃ 1,195
Ready4815.1%⃃ 847.32M⃃ 1,856,954⃃ 980

How many rental contracts were registered in Meydan Racecourse in 2017?

255 rental contracts (new and renewed) were registered in Meydan Racecourse in 2017, at a median annual rent of ⃃ 90,000. Rental yields in Meydan Racecourse

What were the most expensive property sales in Meydan Racecourse in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/12/2017Meydan RacecoursePlot639,332 sq ft⃃ 422,318,027Primary · Ready
10/08/2017Tonino Lamborghini (All Buildings)Plot291,921 sq ft⃃ 210,615,811Primary · Ready
06/08/2017Grand ViewsVilla30,221 sq ft⃃ 50,400,000Primary · Off-plan
29/03/2017Meydan RacecoursePlot42,306 sq ft⃃ 40,000,000Resale · Ready
29/03/2017Meydan RacecoursePlot87,810 sq ft⃃ 20,000,000Resale · Ready
15/02/2017Meydan RacecoursePlot30,000 sq ft⃃ 18,900,000Resale · Ready
23/05/2017Azizi Park AvenuePlot40,277 sq ft⃃ 12,673,250Primary · Ready
23/05/2017Azizi GardensPlot25,000 sq ft⃃ 12,500,000Primary · Ready
10/10/2017Meydan RacecoursePlot15,000 sq ft⃃ 10,200,280Resale · Ready
10/12/2017Meydan RacecoursePlot15,000 sq ft⃃ 10,000,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
26/12/2017Royal Manor1 bed · Apartment790 sq ft⃃ 507,360Primary · Off-plan
26/12/2017Royal Manor1 bed · Apartment807 sq ft⃃ 518,202Primary · Off-plan
26/12/2017Royal Manor2 beds · Apartment950 sq ft⃃ 611,466Primary · Off-plan
26/12/2017Royal Manor2 beds · Apartment1,129 sq ft⃃ 731,136Primary · Off-plan
26/12/2017Meydan RacecoursePlot639,332 sq ft⃃ 422,318,027Primary · Ready
21/12/2017Royal Manor1 bed · Apartment806 sq ft⃃ 520,000Primary · Off-plan
21/12/2017Royal Manor1 bed · Apartment793 sq ft⃃ 500,000Primary · Off-plan
21/12/2017Royal Manor2 beds · Apartment1,097 sq ft⃃ 661,836Primary · Off-plan
21/12/2017Royal Manor2 beds · Apartment1,129 sq ft⃃ 750,000Primary · Off-plan
21/12/2017The Polo Residence - B52 beds · Apartment1,534 sq ft⃃ 1,914,072Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2017 with the whole of 2016.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/meydan-racecourse/2017
Meydan Racecourse Property Transactions 2017. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/meydan-racecourse/2017

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Meydan Racecourse in 2017?
317 property sales worth ⃃ 1,373,247,741 were registered in Meydan Racecourse in 2017. That is 5.4% lower than 2016.
What was the median property price in Meydan Racecourse in 2017?
The median sale price was ⃃ 1,690,144 and the median price per square foot ⃃ 1,192 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Meydan Racecourse were off-plan or from developers?
Developer (primary) sales were 79.8% of the 317 sales and resales 20.2%. Off-plan units made up 84.9% and ready units 15.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/meydan-racecourse/2017