Meydan Avenue

Meydan Avenue: Waterfront Luxury Living at the Heart of Dubai's Most Prestigious Equestrian Address

TL;DR — Project Snapshot

| Attribute | Detail | |---|---| | Project | Meydan Avenue | | Developer | Meydan Group | | Location | Meydan, Mohammed Bin Rashid City, Dubai | | Status | Completed (2019) | | Property Types | 1BR, 2BR, 3BR Apartments + Retail/Commercial | | Price Range | AED 989,000 – AED 54,000,000 | | Key Amenities | 500m Boardwalk, Canal Promenade, Marina, Cycling Tracks, Sports Courts | | Adjacent to | Meydan Racecourse (Dubai World Cup venue) |

Meydan Avenue is a completed 2019 mixed-use residential and commercial development by Meydan Group — the masterplan authority for one of Dubai's most prestigious and historically significant addresses. Positioned directly adjacent to the Meydan Racecourse, home of the Dubai World Cup (the world's richest horse race), Meydan Avenue offers 1BR through 3BR apartments and commercial spaces along an extraordinary 500-metre boardwalk canal promenade — creating a waterfront community character unique within Dubai's MBR City development corridor. With access to the Meydan Hotel, The Track golf course, cycling tracks, sports courts, and a marina, Meydan Avenue delivers a lifestyle that combines equestrian heritage, urban waterfront vitality, and imminent access to the Meydan One Mall mega-development catalyst.

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Location & Connectivity — Meydan, Mohammed Bin Rashid City

Meydan occupies a significant strategic position within MBR City — at the junction of Al Khail Road (E44) and the Dubai-Al Ain Road (E66), providing some of the most efficient highway access available from any Dubai residential address to both Downtown Dubai and DXB airport simultaneously.

Proximity Table — Meydan Avenue

| Destination | Distance | Drive Time (Est.) | |---|---|---| | Meydan Racecourse | 0 m | Immediate (adjacent) | | Meydan Hotel | 0.5 km | 3 min walk | | The Track, Meydan Golf | 0.5 km | 5 min walk | | Ras Al Khor Wildlife Sanctuary | 5 km | 8 min | | Al Khail Road (E44) | 2 km | 5 min | | Dubai-Al Ain Road (E66) | 2 km | 5 min | | Downtown Dubai / Burj Khalifa | 12 km | 15 min | | Dubai Mall | 13 km | 16 min | | DIFC | 12 km | 16 min | | Dubai Creek Harbour | 8 km | 12 min | | Dubai International Airport (DXB) | 14 km | 17 min | | Business Bay | 12 km | 15 min | | Dubai Safari Park | 8 km | 12 min | | Dubai Marina | 28 km | 30 min |

The 15-minute convergence to both Downtown Dubai and DXB airport is exceptional — very few Dubai residential addresses achieve this dual proximity. The E44 and E66 intersection proximity creates a road connectivity advantage that minimises the practical commuting time to virtually all of Dubai's commercial districts while maintaining the semi-private, resort-scale environment of the Meydan precinct.

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Architecture & Community Character — The Canal Promenade

Meydan Avenue's defining spatial characteristic is the 500-metre canal boardwalk — a waterfront promenade running through the development's central axis that creates a European-influenced, pedestrian-priority street-of-life character entirely distinct from Dubai's typical residential community design. The canal is flanked by low-rise residential buildings (typically G+4 to G+6) with ground-floor retail, cafes, and restaurants activating the promenade at street level, creating a genuinely walkable daily lifestyle environment where residents access grocery, dining, and leisure from their building entrance without requiring a vehicle.

Unit Configuration Summary

| Bedroom Type | Key Features | |---|---| | 1 Bedroom | Spacious, contemporary finish, canal or racecourse views | | 2 Bedroom | Standard layout, balcony access, smart home readiness | | 3 Bedroom | Premium family configuration, multi-directional views | | Retail Space | High-visibility canal-front commercial units |

The residential apartments are designed with premium finishes appropriate for the Meydan address: contemporary interior palettes, generous room proportions, large balconies capturing canal or racecourse views, and modern fitted kitchens with quality appliances. The spectacular views from upper-floor units — across the Meydan Racecourse grandstand towards the Downtown Dubai skyline — are among the most dramatically framed panoramas available from any MBR City residential address.

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The Meydan Racecourse — A Living Lifestyle Asset

The Meydan Racecourse is one of the world's most celebrated equestrian venues — a 1.75km turf and dirt track that hosts the Dubai World Cup every March (a USD 30 million prize purse making it the world's richest horse race) as well as a full racing season from October through March annually. The Racecourse's grandstand facility — a soaring, wave-form architectural landmark designed by Godwin Austen Johnson — is visible from virtually every Meydan Avenue apartment, creating a permanently dramatic backdrop that transforms the simple act of looking out one's window into a cinematic experience.

Beyond the primary racing events, the Meydan precinct generates year-round activity: corporate events, concerts, private functions, and the Dubai World Cup Carnival thoroughbred racing season. For residents of Meydan Avenue, this means living within walking distance of major international events several times per year — a lifestyle proximity unavailable at any price in any other Dubai residential community.

Meydan Lifestyle Infrastructure

| Amenity | Distance from Meydan Avenue | |---|---| | Meydan Racecourse | Immediate (adjacent) | | Meydan Hotel (5-star) | 5 min walk | | The Track, Meydan Golf (9-hole) | 5 min walk | | Marina | On-site | | 500m Canal Boardwalk | On-site | | Cycling Tracks | On-site | | Sports Courts | On-site |

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The Meydan One Mall Catalyst — The World's Largest Shopping Centre

The single most transformative pending event for Meydan Avenue's long-term capital value is the delivery of Meydan One Mall — a mixed-use mega-development currently planned to become the world's largest shopping, entertainment, and leisure destination. Key features include an indoor ski slope, a 711-metre indoor canal, the world's longest indoor ski slope, over 550 retail stores, 150+ F&B outlets, a 420-metre dancing fountain, and the world's largest indoor cinema screen.

When delivered, Meydan One Mall will transform the Meydan precinct from a prestigious equestrian-lifestyle address into a globally visited mega-destination — equivalent in significance to the Dubai Mall's transformation of Downtown Dubai from a development project into one of the world's most visited urban destinations. For existing Meydan Avenue owners, this represents a capital appreciation catalyst of extraordinary magnitude: the "before" and "after" of Meydan One Mall's delivery is widely expected to produce appreciation dynamics comparable to those seen in Downtown Dubai between 2008 and 2015.

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Investment Analysis — Meydan Avenue

Estimated Rental Yield Analysis

| Unit Type | Est. Annual Rent (AED) | Entry Price (AED) | Est. Gross Yield | |---|---|---|---| | 1 Bedroom | 115,000 – 150,000 | 989,000 – 1,400,000 | 9–13% | | 2 Bedroom | 165,000 – 215,000 | 1,500,000 – 2,200,000 | 8.5–11.5% | | 3 Bedroom | 230,000 – 300,000 | 2,200,000 – 3,500,000 | 8–12% |

Key Investment Drivers:

• Meydan Racecourse adjacency — world-class equestrian lifestyle infrastructure creating unique Dubai address identity
• 500m canal boardwalk — pedestrian-activated community character driving sustained occupancy and above-market rents
• Meydan One Mall mega-catalyst — world's largest mall development creating long-term capital appreciation environment
• Downtown + DIFC + DXB tri-proximity (15 min) — exceptional dual highway efficiency placing all major professional destinations within reach
• The Track golf course (5 min walk) — rare walkable golf amenity access from a residential address in Dubai
• Canal marina — adds waterfront lifestyle character and community identity
• Completed 2019 building — no construction risk, operational track record established
• AED 989K 1BR entry — MBR City prestigious address at accessible pricing
• Meydan Hotel 5-star proximity — hotel-grade infrastructure supporting resident lifestyle and short-term rental attractiveness

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Developer Profile — Meydan Group

Meydan Group is the master developer, operator, and custodian of the Meydan precinct — encompassing the Racecourse, the Hotel, the Golf Course, and the Avenue commercial-residential development. As the authority responsible for the entire Meydan experience, Meydan Group is uniquely positioned to deliver infrastructure investments (Meydan One Mall, the marina expansion, the cycling and sports infrastructure) that enhance the value of all existing assets within the precinct. Their stewardship of the Dubai World Cup — the world's richest horse race — ensures the Meydan brand maintains global recognition and prestige that directly enhances the desirability and premium of Meydan Avenue residences.

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Conclusion

Meydan Avenue is a completed, income-generating residential and commercial development in one of Dubai's most prestigious and historically significant addresses — adjacent to the Dubai World Cup Racecourse, on a 500-metre canal boardwalk promenade, within 15 minutes of Downtown Dubai and DXB airport, and positioned as the direct neighbour of the pending Meydan One Mall — the world's largest shopping and leisure complex whose delivery will transform the Meydan precinct into a globally visited destination. With 1BR apartments from AED 989,000 generating estimated yields of 9–13%, immediate income capability from a completed 2019 building, and the extraordinary long-term capital appreciation thesis of the Meydan One Mall catalyst, Meydan Avenue offers an exceptional combination of current yield performance and future capital growth.