Master Project · Transactions · 2022

Meydan Racecourse Property Transactions 2022

332 property sales worth ⃃ 1.2B were registered in Meydan Racecourse in 2022, 4.3% lower than 2021 by number of sales. The median sale price was ⃃ 2,047,500 and the median price per square foot ⃃ 1,134 (+1.2% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 332 salesUpdated: 12 Nov 2026
Property sales
332
−4.3% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 1.2B
+7.4% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 2,047,500
−30.6% vs 2021
332 sales
Median price per sq ft
⃃ 1,134
+1.2% vs 2021
332 sales

What types of property sold in Meydan Racecourse in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17352.1%⃃ 212.34M⃃ 1,110,000⃃ 1,036
Villas5616.9%⃃ 410.45M⃃ 7,400,000⃃ 1,149
Commercial30.9%⃃ 1.1M⃃ 150,000⃃ 220

How were 2022 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)14242.8%⃃ 363.41M⃃ 1,232,095⃃ 1,149
Resale (secondary)19057.2%⃃ 815.19M⃃ 3,750,000⃃ 1,110
Ready32999.1%⃃ 1.2B⃃ 2,055,000⃃ 1,134

How many rental contracts were registered in Meydan Racecourse in 2022?

1,542 rental contracts (new and renewed) were registered in Meydan Racecourse in 2022, at a median annual rent of ⃃ 75,000 (−1.1% on 2021). Rental yields in Meydan Racecourse

What were the most expensive property sales in Meydan Racecourse in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/04/2022Meydan RacecoursePlot30,000 sq ft⃃ 58,000,000Resale · Ready
27/07/2022The 100Plot59,999 sq ft⃃ 27,000,000Resale · Ready
01/07/2022Meydan RacecoursePlot30,000 sq ft⃃ 20,625,000Primary · Ready
21/04/2022Meydan RacecoursePlot30,590 sq ft⃃ 14,377,300Resale · Ready
10/11/2022Meydan RacecoursePlot39,999 sq ft⃃ 12,400,000Resale · Ready
03/01/2022Meydan RacecoursePlot30,590 sq ft⃃ 12,300,000Resale · Ready
28/11/2022Meydan RacecoursePlot15,000 sq ft⃃ 12,000,000Resale · Ready
27/07/2022Meydan RacecoursePlot25,317 sq ft⃃ 11,000,000Resale · Ready
07/12/2022Meydan RacecoursePlot25,317 sq ft⃃ 10,000,000Resale · Ready
14/02/2022Meydan RacecoursePlot15,000 sq ft⃃ 9,300,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
29/12/2022Injazzat Residence1 bed · Apartment907 sq ft⃃ 930,000Primary · Ready
27/12/2022The Galleries1 bed · Apartment821 sq ft⃃ 765,000Resale · Ready
26/12/2022The Polo Residence - D52 beds · Apartment1,535 sq ft⃃ 1,575,000Resale · Ready
22/12/2022The Polo Residence - E51 bed · Apartment802 sq ft⃃ 600,000Resale · Ready
21/12/2022The Polo Residence - D41 bed · Apartment826 sq ft⃃ 850,000Resale · Ready
21/12/2022The Polo Residence - B32 beds · Apartment1,533 sq ft⃃ 1,700,000Resale · Ready
20/12/2022Injazzat Residence1 bed · Apartment907 sq ft⃃ 973,030Primary · Ready
20/12/2022Grand Views6 beds · Villa5,511 sq ft⃃ 7,500,000Resale · Ready
20/12/2022Grand Views6 beds · Villa5,511 sq ft⃃ 6,950,000Resale · Ready
19/12/2022Injazzat Residence1 bed · Apartment829 sq ft⃃ 1,220,000Primary · 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 2022 with the whole of 2021.
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/2022
Meydan Racecourse Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/meydan-racecourse/2022

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 2022?
332 property sales worth ⃃ 1,178,597,198 were registered in Meydan Racecourse in 2022. That is 4.3% lower than 2021.
What was the median property price in Meydan Racecourse in 2022?
The median sale price was ⃃ 2,047,500 and the median price per square foot ⃃ 1,134 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Meydan Racecourse were off-plan or from developers?
Developer (primary) sales were 42.8% of the 332 sales and resales 57.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/meydan-racecourse/2022