Meydan Avenue Dubai is a mixed-use development located in the heart of Dubai. It has a superb site on Al Meydan Road, near to the Meydan Racecourse and The Meydan Hotel. The development includes contemporary low- to mid-rise structures, as well as a commercial core with a designated park, marina, and canal promenade. Meydan Avenue will feature 1,811 residential flats with one to three bedrooms.
Meydan Avenue is a perfect destination for a commercial, residential, entertainment, and mixed-use development that embraces the quality exemplified by Meydan and its vision. The area is a family-friendly neighborhood in Dubai, offering grand outdoor space and many playgrounds and parks. The 3.5km pedestrian walkway connectivity, separate bike lanes, and 500m boardwalk are some of the facilities that make living on Meydan Avenue an attractive proposition.
The properties in Meydan Avenue were sold at an average price of AED 1,280,806 in the past 12 months. The area with Grandstand is named Meydan Avenue, which will also offer 1,811 residential properties upon completion. The development is expected to be completed soon, and the demand for Meydan Avenue properties is anticipated to continue growing.
Location and Accessibility
Meydan Avenue is a mixed-use development located in the heart of Dubai, UAE. The project spans 40 million sq. ft. and is highly accessible, as it is situated in close proximity to key areas of Dubai.
Proximity to Key Areas
Meydan Avenue is close to Business Bay, one of the most prestigious business districts in Dubai. Business Bay is home to several multinational corporations, making it ideal for business professionals.
Dubai International Airport is just a 20-minute drive from Meydan Avenue, making it a convenient location for frequent travelers. Moreover, Meydan Avenue is situated on Al Meydan Road, which allows simple access to Sheikh Zayed Road and Al Khail Road.
Transportation Infrastructure
Meydan Avenue is well-connected to public transportation, making it simple for citizens and visitors to get around the city. The development is located near several bus stops, metro stations, and taxi stands. The Dubai Metro Red Line is just a 10-minute drive away, providing easy access to key areas of the city.
In conclusion, Meydan Avenue is a well-connected and accessible location in Dubai, making it ideal for living, working, and playing.
Meydan Avenue Overview
Meydan Avenue is a vibrant and upscale community in Dubai, United Arab Emirates. It is part of the more considerable Meydan City development, known for its world-class horse racing facilities and luxurious residential and commercial properties. Meydan Avenue offers a mix of residential, commercial, and leisure spaces, making it a sought-after destination for residents and visitors alike.
Residential Offerings
Meydan Avenue offers a wide range of residential options, including contemporary low—to mid-rise apartments. The development has 1,811 apartments ranging from one to three bedrooms. The units boast modern finishes and state-of-the-art appliances, making them comfortable and enjoyable places to live.
Commercial Spaces
Meydan Avenue is a commercial hub that offers a variety of retail and office spaces. The development is home to numerous businesses, including restaurants, cafes, shops, and offices.
Entertainment and Leisure
Meydan Avenue offers numerous entertainment and leisure options for residents and visitors. The development is home to the iconic Meydan Grandstand, which hosts the world’s most decadent day in horse racing – the Dubai World Cup. The Grandstand has numerous entertainment and attractions, including a spa, restaurants, and bars.
In addition to the Meydan Grandstand, Meydan Avenue features a dedicated park, marina, and canal promenade, providing ample outdoor activities and relaxation opportunities. The development is also home to the luxurious Meydan Hotel, which offers world-class amenities and services to guests.
Real Estate Insights
Property Types and Features
Meydan Avenue is a luxurious area in Dubai that provides a variety of property types and features. The location is known for its spacious apartments, villas, and townhouses with modern amenities and facilities. Most of the properties on Meydan Avenue feature beautiful views of the Dubai skyline and the surrounding areas.
The apartments in Meydan Avenue are available in different sizes, ranging from one to four bedrooms. They have modern amenities such as central air conditioning, built-in wardrobes, and fully equipped kitchens. Residents of these apartments also enjoy access to many services such as swimming pools, gyms, and parking spaces.
The villas and townhouses in Meydan Avenue are spacious and feature various features, such as private gardens, maid’s rooms, and storage spaces. They are available in different sizes, ranging from three to six bedrooms.
Investment Trends
Meydan Avenue is a popular choice for investors looking to invest in Dubai’s real estate market. The area has seen a significant increase in new developments, leading to an increased demand for properties. The average price of properties on Meydan Avenue has also increased over the years, making it a lucrative investment opportunity.
Investors in Meydan Avenue can expect high investment returns due to the area’s high rental yields. The location is also popular with expats, meaning there is a high demand for rental properties. This makes it an ideal investment opportunity for those seeking passive income.
Property agencies such as Realty Force Real Estate and Victory Star Real Estate offer a wide range of properties on Meydan Avenue. They provide investors with professional advice and guidance on the best investment opportunities in the area.
In conclusion, Meydan Avenue is a luxurious area in Dubai that offers a variety of property types and features. The location is popular with investors due to its high rental yields and lucrative investment opportunities.
Community Amenities
Meydan Avenue is a well-developed community that offers a broad selection of amenities to cater to the needs of its residents. The following subsections briefly overview the community’s educational facilities, healthcare services, and shopping and dining options.
Educational Facilities
Meydan Avenue is home to several reputable educational institutions, including Hartland International School, Rashid Boys School, and Latifa School for Girls. These schools offer quality education to children of all ages and have highly qualified teachers who provide a safe and nurturing learning environment.
In addition to these schools, Meydan Avenue has several kindergartens and nurseries, such as Kiddy Planet Nursery and Odyssey Nursery. These facilities provide young children with a fun and interactive learning experience and help them develop their cognitive and social skills.
Healthcare Services
Meydan Avenue has a range of healthcare services to suit to the medical needs of its citizens. Medilife Polyclinic and Noor Al Shefa Clinic are two of the most reputable clinics in the area. They offer various medical services, including general medicine, pediatrics, and gynecology.
Residents can visit Al Garhoud Private Hospital nearby for serious medical issues.
Shopping and Dining
Meydan Avenue has a wide range of shopping and dining options to cater to the needs of its residents. The community is home to several retail outlets, supermarkets, and restaurants, including those located in Meydan Community Centre and Falcon Heritage & Sports Center.
Residents can enjoy a variety of cuisines, including Arabic, Indian, and Italian, at the community’s many restaurants. Some famous restaurants in the area include Meydan Beach, The Meydan Hotel, and The Meydan Grandstand.
Lifestyle and Recreation
Meydan Avenue is an excellent place for those who enjoy an active lifestyle. The area offers a wide range of recreational activities catering to adults and children.
Parks and Green Spaces
Meydan Heights Park is one of the most popular parks in the area. It offers a range of outdoor activities, including a jogging track, children’s play areas, barbecue spots, and sports facilities like basketball and volleyball courts. The park spans an area of 5.4 hectares, making it an ideal place for picnics and outdoor gatherings.
Safa Park and Jumeirah Beach Park are also nearby, offering a serene environment for those who enjoy spending time in nature. These parks are perfect for a relaxing day out with family and friends.
Sports and Fitness
Meydan Avenue has several fitness centers and gyms, including the Meydan Tennis Academy. The academy offers world-class tennis facilities and coaching programs for adults and children.
Meydan Golf is another popular destination for sports enthusiasts. The 18-hole golf course offers breathtaking views of the city skyline.
For those who enjoy watching sports, Meydan Avenue hosts several events throughout the year, including concerts and sporting events. Park Avenue I, Centurion Onyx, and Azizi Gardens are some of the residential buildings in the area that offer easy access to these events.
Whether you are looking for a relaxing day out in the park or an intense workout session, Meydan Avenue has something to offer everyone.
Connectivity and Development
Meydan Avenue is a prime location in Dubai that offers seamless connectivity to key areas in the city, making it a desirable community for residents and visitors. The infrastructure projects in the region have been designed to enhance the quality of life for those who live there.
Infrastructure Projects
Meydan Avenue is adjacent to the iconic Meydan Racecourse and is close to Mohammed Bin Rashid Al Maktoum City—District One and Meydan One development. These developments have brought about new infrastructure projects, including roads, bridges, and public spaces.
The Dubai Land Department (DLD) has also been involved in several projects in the area, including the development of Bayut.com. This leading real estate portal provides hassle-free access to the rest of Dubai with major road networks within its proximity.
Transportation Expansion
Transportation expansion is another key feature of Meydan Avenue’s connectivity. The community is just a few minutes away from the Dubai Mall and Downtown Dubai, making it easy for residents to access the city’s major attractions. The Dubai Metro station is also within reach, providing easy access to Sheikh Mohammed Bin Zayed Road and Al Khail Road.
Furthermore, the expansion of Dubai Creek has allowed residents to enjoy various water-based activities, including kayaking and paddleboarding. The North London Collegiate School Dubai is also located in the area, making it an ideal location for families with school-age children.
In conclusion, Meydan Avenue is a well-connected and rapidly developing community in Dubai. Its infrastructure projects and transportation expansion have made it an ideal location for residents and visitors.
Frequently Asked Questions
What are the current rental rates for apartments on Meydan Avenue?
The current rental rates for apartments in Meydan Avenue vary depending on the unit’s size, location, and amenities. However, according to the latest data, the average rental rates for a one-bedroom apartment range from AED 70,000 to AED 100,000 per year, while a two-bedroom apartment can cost anywhere from AED 110,000 to AED 160,000 per year.
How do the property prices compare in Meydan Avenue to other Dubai neighborhoods?
Meydan Avenue is considered a high-end residential and commercial development in Dubai. As such, the property prices in Meydan Avenue are generally higher than those in other neighborhoods. However, the prices are comparable to those in other premium developments such as Downtown Dubai, Dubai Marina, and Palm Jumeirah.
What are the latest reviews and resident feedback on living on Meydan Avenue?
Meydan Avenue is a relatively new development, so there needs to be more feedback from residents. However, the few reviews suggest that the development is well-maintained, with excellent amenities and facilities. Residents appreciate the proximity to the Meydan Racecourse, Meydan Hotel, and the Dubai Canal.
Are there any properties for sale on Meydan Avenue, and what are their price ranges?
Yes, there are properties for sale on Meydan Avenue, including apartments, villas, and townhouses. The price ranges vary depending on the property type, size, and location. As of the latest data, a one-bedroom apartment starts at AED 1.2 million, while a three-bedroom villa can cost up to AED 5 million.
What amenities and facilities are available to residents of Meydan Avenue?
Meydan Avenue offers its residents a wide range of amenities and facilities, including a swimming pool, gymnasium, children’s play area, and landscaped gardens. The development also has several retail outlets, restaurants, cafes, a supermarket, and a pharmacy. The Meydan Racecourse and Meydan Hotel are also within walking distance.
What is the status of the Meydan One Mall construction?
The Meydan One Mall is a massive retail and entertainment complex scheduled to open in 2020. However, the opening has been delayed due to the COVID-19 pandemic and other factors. As of the latest update, the mall is expected to open in late 2022 or early 2023. The mall will feature over 600 retail outlets, a 1-kilometer indoor ski slope, and the world’s tallest residential tower.
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