Description
A rare, below-original-value acquisition: a fully specified luxury residential and retail building in Meydan, Dubai, offered at a significant discount to its original price of AED 213,664,000. Ready to hand over within two months, the asset delivers immediate income potential at a projected yield of 9% to 13% — among the strongest returns available on a whole-building sale in Dubai today.
With 82 residential units, 5 retail shops, resort-grade amenities, and chiller-free infrastructure across 198,808 sq ft of built-up area, this is a landmark acquisition for an investor who demands both prestige and performance.
Investment Snapshot
- Location: Meydan, Dubai
- Configuration: Ground + 8 floors residential
- Total residential units: 82 (studios, 1-bed, 2-bed)
- Retail units: 5 shops
- Total built-up area: 198,808 sq ft
- Total sellable area: 76,898 sq ft
- Landscape area: 20,376 sq ft
- Plot area: 34,884 sq ft
- Handover: Ready within 2 months
- Chiller: Chiller-free (DEWA)
- Service charge: AED 17–20 per sq ft
- Projected ROI: 9% – 13%
- Original price: AED 213,664,000
- Discounted asking price: AED 149,564,800
The Discount Is the Opportunity
At AED 149,564,800 against an original price of AED 213,664,000, this building is offered at 30% below its original valuation — a structural entry advantage that immediately compresses effective cost per unit and amplifies yield. In a city where luxury residential assets at this scale rarely trade below replacement cost, the pricing alone makes this one of the most compelling whole-building opportunities currently available.
The discount does not reflect the quality of the asset. The building is fully specified, amenity-rich, and on the threshold of handover. It reflects a motivated seller and a defined timeline — an equation that rewards a buyer who moves decisively.
82 Units Across a Market-Proven Mix
16 Studios — the entry point for JVC-calibre short-let demand and individual investors. 52 One-bedroom apartments — the dominant unit type in Meydan's rental market and the most liquid across both long and short-let strategies. 14 Two-bedroom apartments — larger format units capturing families and corporate tenants seeking quality over proximity to the centre. 5 Retail units — ground-level commercial space providing a secondary income stream, adding amenity and footfall to the residential floors above.
A Building Designed to Command Premium Rents
Luxury in Dubai is no longer defined by address alone. It is defined by what residents experience every day. This building delivers:
Pool complex — main pool and a dedicated kids' pool set within 20,376 sq ft of landscaped grounds. Fully equipped gym — a non-negotiable for the Meydan tenant profile. Kids' play area — extending appeal to the family segment that drives stable, long-term tenancy. Clubhouse and TV room — social infrastructure that raises retention and justifies premium positioning. Chiller-free — no district cooling charges, a meaningful reduction in occupier running costs that directly supports higher achievable rents and lower vacancy.
Why Meydan
Meydan is one of Dubai's most aspirational addresses — home to the Meydan Racecourse, the Meydan Hotel, and a fast-maturing residential community sitting at the intersection of old-Dubai prestige and new-Dubai connectivity. It draws high-net-worth residents, corporate tenants, and short-let guests who expect luxury and will pay for it. Rental yields in Meydan consistently outperform the city average, and with limited whole-building supply at scale, this acquisition has a genuine competitive moat.
Who This Suits
Institutional investors, private family offices, hospitality and serviced-apartment operators, sovereign and private equity, and high-net-worth individuals seeking a flagship Dubai residential asset with luxury positioning, strong yield, and a below-market entry price.
Pricing & Process
Discounted Asking Price: AED 149,564,800 (Original price: AED 213,664,000 — 30% discount)
Floor plans, unit schedule, detailed financials, yield analysis and full legal documentation are released to qualified buyers under NDA. BFS Commercial Brokers is the appointed brokerage and manages buyer qualification, confidentiality, due diligence and negotiation.
Serious enquiries only. Buyer qualification and a signed NDA precede the release of confidential information, including the asset address and title documentation.
