Meydan has become one of the favourite places of investment in real estate in Dubai. It is located close to Downtown Dubai and Business Bay, which is a blend ofan elegant lifestyle and advanced facilities. The region boasts international standards, Meydan One Mall, and well-designed communities.
To the investor, Meydan presents freehold ownership, that is, total rights to the property and the land. This gives it the best suitability with long-term-value buyers across the globe. Here, we are going to discuss everything you should know about the purchase of Meydan freehold properties.
Understanding Freehold Ownership in Dubai
Under freehold ownership, investors in Dubai have full authority over their property, as well as their land. This is a type of ownership, which permits the buyer to sell, lease or give the property away to heirs.
Unlike under leasehold ownership, rights are restricted over a given term, which is typically between 30 and 99 years.
Meydan is a freehold area of Dubai, and non-UAE citizens could purchase real estate directly. The investors are allowed to register their ownership at the Dubai Land Department (DLD), where they are issued title deeds.
This open system safeguards the rights of investors and ensures that property transactions are conducted in accordance with international standards. Consequently, Meydan is a safe and secure investment location where foreign investors can have complete confidence in owning real estate.
Why Invest in Meydan?
One of the largest strengths of Meydan is its strategic location. Downtown Dubai, DIFC, and Dubai Creek Harbour are only a few minutes away, so you will be able to come to the central business and leisure locations of the city.
The place is defined with excellent infrastructures including Meydan Racecourse, Meydan one Mall, five star hotels, schools, bicycle tracks, and landscaped parks. This convenience and luxury make it very appealing to the residents and investors.
Top developers like Sobha Realty, Ellington, and Azizi Developments are also based in Meydan, and they have been forming the skyline with quality projects.
In modern apartments, villa communities and so on, all projects in Meydan are characterised by quality and design. Also, the area has good rental returns (6.83 %) and potential for appreciation (17.4%). Meydan is leading in the long-term real estate investment with the increasing demand for luxury homes and off-plan properties.
Types of Properties in Meydan
Meydan has a variety of freehold properties to meet any type of investment.
Apartments
Modern units that feature luxurious facilities such as a pool, gym, and shopping area. Perfect for a young worker or investor who is interested in stable rent.
Villas and Townhouses
Big family houses with contemporary designs, gardens, and community amenities. Ideal with long-term end users or investors seeking capital gains.
Off-Plan Developments
Good payment plans, instalment flexibility and high growth prospects. Buyers usually have the privilege to enjoy lower prices before completion.
Commercial Spaces
Business professionals and entrepreneurs are attracted by offices and retail units that are situated close to Meydan Avenue and Meydan Hotel.
Buying Freehold Property in Meydan: Step-by-Step Guide
Purchasing a freehold in Meydan can be as simple as long as you follow the following steps.
Research Projects
Compare developers, prices, payment plans and facilities. Target projects that are registered at the Dubai Land Department.
Set a Budget
Calculate all expenses – registration fee (approximately 4 per cent of the property value), agency fee, and annual service.
Choose the Property Type
Choose between off-plan or ready-to-move properties depending on your investment objectives.
Check Project Approval and Developer
Register with RERA via the DLD portal to establish the legitimacy of the project.
Sign The Sale Agreement (Form F)
This leaves both the buyer and seller bound by Dubai real estate laws.
Send money through Escrow Account
In off-plan projects, payments are deposited in a secure escrow account until milestones in the project are accomplished.
Register at Dubai Land Department
After the purchase, you will get your title deed that will prove that you own a full freehold.
Investment Potential and ROI Insights
Meydan is providing good return on investment (ROI) because of its luxury nature and quick development. By 2025, the average prices of the apartments vary from AED 620,000 to AED 26,370,000. However, villas vary from AED 6,500,000 to AED 100,000,000, according to size and community.
ROI is 6.83 % per year, with Meydan being very competitive in Dubai as far as premium areas are concerned.
Tips for Successful Investment
- Select developers with good backgrounds.
- Check project handover schedules and commitments by developers.
- Prefer those that are close to community amenities or major roads.
- Balance the returns by diversifying between off-plan and ready units.
- Collaborate with registered property consultants who know the market trends of Meydan.
These are some of the basic strategies that would ensure safe, profitable and sustainable investments.
Closing In!
Meydan is one of the most interesting areas to invest in freehold real estate in Dubai. It has a global infrastructure that provides an opportunity to local and international consumers due to its strategic location and lifestyle value.
Investments in Meydan, be it in a villa, apartment, or off-plan development, the returns are high, and the development has long-term growth prospects. Since Dubai is still pursuing its vision of innovation and luxury living, the decision to purchase freehold property in Meydan is the choice of stability, prestige, and profit.
