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Community in Dubai, DLD district Hadaeq Sheikh Mohammed Bin Rashid

Hadaeq Sheikh Mohammed Bin Rashid - Disrict 7

Hadaeq Sheikh Mohammed Bin Rashid - Disrict 7 is in the upper middle of the market: homes sold for a median AED 2,136 per sqft over the past year, against AED 1,733 for Dubai as a whole. It is a smaller market, with 127 sales in 12 months, 9% of them off-plan. A typical 1-bedroom costs about AED 1.35M and rents for about AED 82K a year, a gross yield of about 6.1%. Prices are down 9.8% on a year earlier and up 50% over three years. 920 leases were registered with Ejari in the past year.

Price per sqft, past year
AED 2,136
−9.8% on a year ago
Sales, past year
127
9% off-plan
Net yield, apartments
3.9%
5.7% gross

Prices and rents by bedrooms in Hadaeq Sheikh Mohammed Bin Rashid - Disrict 7

HomeTypical priceSizeRent a yearGross yield
StudioAED 760K411 sqftAED 55K7.2%
1 bedroomAED 1.35M803 sqftAED 82K6.1%
2 bedroomsAED 3M1,411 sqftAED 160K5.5%
3 bedroomsAED 3.7M1,461 sqftAED 190K5.1%
4 bedroomsAED 9.6M2,584 sqftAED 300K—

Buildings with the most sales in Hadaeq Sheikh Mohammed Bin Rashid - Disrict 7

  • Mag Eye Phase 1AED 1,850 per sqftFinished, 104 sales

Sources: Dubai Land Department sales and Ejari rent records, aggregated by Dubai Data (CC BY 4.0) and DXBData.io. Not an official DLD product. Information, not financial advice.