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The Galleries in Meydan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes




The cap rate (rental yield) of investments into The Galleries project is 7.7% on average.

The price of an apartment in The Galleries is 12,652 AED/sqm on average.

The long term rent of an apartment in The Galleries is 1,032 AED/sqm/year on average.

About The Galleries

'The Galleries' in 'Meydan' area project description

The Galleries is a five-storey residential complex in Meydan City, Dubai, featuring 45 luxury one- and two-bedroom apartments. Developed by Meydan Group LLC and Rockwell Real Estate Developers, it was commissioned in 2017 with possession expected around October that year.

The low-rise building, structured as ground plus four floors, incorporates innovative technologies, glass facades for panoramic views of the Dubai skyline and Burj Khalifa, and superior cooling, insulation, and water services. Apartments range from 87 sq. m (933 sq. ft.) for one-bedroom units to 156 sq. m (1,675 sq. ft.) for two-bedroom units, including spacious balconies, fitted kitchens, living/dining areas, bathrooms, and built-in wardrobes.

Amenities include a state-of-the-art gym, swimming pool, ample parking, landscaped gardens, exquisite finishes, bespoke interiors, and outstanding city views.

Located in the prestigious Meydan City community within Nad Al Sheba, near Al Meydan Road and Muscat Street, it offers excellent accessibility. Bus stops like ENBD HQ 1, ENBD HQ 2, and Nad Al Shiba Clinic are a five- to 10-minute walk away. DIFC and Business Bay lie within 15 minutes drive, while Meydan Racecourse - host of the Dubai Cup since 2010 - is nearby. Dubai International Airport is about 19 minutes by car.

Daily conveniences abound: supermarkets such as Fair Mart (five-minute walk), Grand Fresh Meydan (10-minute walk), and Spinneys (five-minute drive); schools including Wolf of Dubai College (five-minute walk) and ICE School IB (five-minute drive); and Calla Cafe (10-minute walk). Landmarks in proximity include Shiba Restaurants, Emirates NBD, The Track Meydan Golf, Hartland International School, Madina Supermarket, Oasis Mall, and Nad Al Sheba Police Station.

Nearby projects include those in the expansive Meydan One masterplan - a 40.2 million sq. ft. development under construction with a massive mall, residential skyscraper, hotels, inland beaches, parks, museums, and offices along a four-kilometer water canal extension. Other developments like Prime Views by Prescott are also in Meydan Avenue.

The Galleries suits diverse residents, from professionals to tourists, in a developed area with social and cultural facilities beside Meydan Racecourse. Its layout and position integrate seamlessly into Meydan City's vision as a sustainable, world-class urban hub.



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