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Betterliving March/April 2020

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area guide | PROPERTY<br />

Iris Dubai<br />

LET’S CRUNCH<br />

THE NUMBERS<br />

15%<br />

The mean drop<br />

in rental rates<br />

for apartments in<br />

the neighbourhood<br />

(2019 vs 2018)<br />

clutch of restaurants, including Prime<br />

Steakhouse. In the Meydan Grandstand<br />

there’s the ambient Iris Dubai, which<br />

is the perfect spot for sundowners.<br />

SCHOOLS<br />

Safari Kid Nursery is in Meydan District<br />

One. Within Nad Al Sheba, there’s the<br />

well-established Rashid School for Boys,<br />

along with British curriculum primary<br />

school, Kings School Nad Al Sheba.<br />

Hartland International School,<br />

also with a British curriculum, is<br />

just a 10-minute drive away.<br />

TRANSPORT LINKS<br />

Meydan offers easy access<br />

to Al Khail Road and Sheikh<br />

Zayed Road via car and taxi.<br />

The nearest metro station is<br />

Business Bay or Burj Khalifa/<br />

Dubai Mall – both of which are<br />

roughly a 15-minute drive away.<br />

Races at Meydan<br />

Grandstand, courtesy<br />

of The Meydan Hotel<br />

Meet the neighbours<br />

Dan Mounir has lived in Meydan for<br />

one year. “The central location is ideal<br />

for getting to Downtown and The<br />

Dubai Mall, while the community itself<br />

is very green with lots nice places to<br />

walk around. It’s a great community for<br />

sport lovers – there’s the cycle track, polo club for<br />

horse riding and tennis courts to keep you fit.”<br />

AVERAGE<br />

COST TO<br />

RENT AN<br />

APARTMENT<br />

1 BED AED 66,847<br />

2 BED AED 105,926<br />

3 BED AED 145,682<br />

22%<br />

Increase in<br />

demand for<br />

rentals<br />

(2019 vs 2018)<br />

HIGHEST<br />

PRICED SALES<br />

AED 8,159,400 (VILLA)<br />

AED 2,250,000 (APARTMENT)<br />

MEDIAN HOUSE PRICE*<br />

AED 1,517,040<br />

CHANGE IN PRICE<br />

OVER 2019<br />

-5.19%<br />

bhomes.com | 63

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