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Ejari leases to 12 Oct 2026

The Galleries at Meydan Avenue rents

  • 13 new leases and 9 renewals in 12 months
  • 45 units
  • Meydan
  • near Business Bay Metro Station

A two-bed here leases for about AED 140,000 a year, 5% below the typical Meydan two-bed.

2 bed · typical new lease

140,000AEDa year

AED 104/sqft

A month, roughly
AED 11,667
vs Meydan 2 bed
5% below the median
New leases, 12 months
7
Buying instead? The Galleries at Meydan Avenue sale prices →

What should a lease in The Galleries at Meydan Avenue cost?A two-bed leases for about AED 140,000 a year

TypeNew leaseRenewalvs MeydanLeases
1 bed84,00099/sqft—8% moretypical 78,0006
2 bedmost leased140,000104/sqft—5% lesstypical 147,3047

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Meydan median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

The typical new lease here now costs 43.3% more than a year earlier: AED 129,000 against 90,000.

Median annual rent, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 2 bed: Dec 2019, AED 100,000; latest, Sep 2026, AED 132,000; peak, Jan 2026, AED 170,000.

StartTypeSqftAnnual rentAED/sqftContract
1 Oct 20263 bed2,339AED 144,90062Renewal
30 Sept 20262 bed1,322AED 129,00098New
30 Sept 20261 bed1,300AED 130,000100New
5 Aug 20262 bed1,299AED 135,000104New
15 Jul 20262 bed1,455AED 115,00079Renewal
20 Jun 20262 bed1,703AED 125,00073New
1 Jun 20262 bed1,300AED 100,00077Renewal
15 Apr 20261 bed1,300AED 116,55090Renewal
25 Mar 20261 bed797AED 72,60091Renewal
1 Mar 20262 bed1,300AED 160,000123New

22 contracts starting on or after 12 Oct 2025.

About The Galleries at Meydan AvenueA 5-floor tower in Meydan, a 12-minute drive from DIFC

The Galleries at Meydan Avenue is an apartment building completed in 2019 in Meydan with 45 registered units. 22 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors
5
Lifts
3
Parking bays
58
Pools
1

Drive times · typical

Downtown
15 min · 10 km
DXB Airport
17 min · 19 km
DIFC
12 min · 13 km
Dubai Marina
21 min · 23 km
Palm Jumeirah
27 min · 28 km

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Letting a unit in The Galleries at Meydan Avenue?49% of units here signed a yearly lease in 12 months, above the Meydan median; new tenants pay more than renewing ones

Units on a yearly lease
49%Fair
Meydan median 35%; top tenth from 88%
New tenant vs renewal
+12.2%
New leases AED 129,000, renewals 115,000, all types

Comparables in Meydan

Every Meydan building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. The Galleries at Meydan Avenue places 9th of 43; the nearest 8 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
5The 100 - 2AED 135,000108+7.7%+12.5%16
6Azizi GreenfieldAED 90,000107+6.9%-21.7%40
7Emerge Residences by ElysianAED 75,000102+2.1%—3
8Azizi Park AvenueAED 75,000102+2.0%0.0%59
9The Galleries at Meydan Avenue · this buildingAED 129,000100+43.3%13
10Prime Views by PrescottAED 87,50095-4.9%-2.8%72
11Saddlewood ParkAED 120,00095-5.2%+9.1%11
12–13The Polo Residence - A1, A2one project rent, 2 towersAED 85,00094-6.0%-2.6%198

Rank 1 is the dearest per square foot. Differences are against The Galleries at Meydan Avenue.

At 2 bed, The Galleries at Meydan Avenue ranks 3rd of 38 by rent per square foot in Meydan.

Market context in Meydan

Registered sales activity

173 ready apartment sales in the 12 months to 2026-10-12.

+9.3% in median AED/sqft versus the preceding year, supported by 173 current and 234 prior price observations.

Explore sales activity

Planned apartment projects

88 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

316 apartments are planned in Meydan from 2026 to 2028, equal to 17% of the 1,848 homes let there today.

New-lease rents fell in 47% of 15 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.

How these are counted
Find service-charge budget evidence for The Galleries at Meydan Avenue

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Prices per sq ft around The Galleries at Meydan Avenue, on the map
Pills show median annual rent, AED. 42 buildings pinned from Google place records and Apple geocoding · The Galleries at Meydan Avenue is the inverted pinOpen in Apple Maps

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Common questions

What is the registered annual rent for a 2 bedroom in The Galleries at Meydan Avenue?
The median new annual rent is AED 140,000, from 7 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Which metro station is closest to The Galleries at Meydan Avenue?
Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
What is the rental yield in The Galleries at Meydan Avenue?
No gross yield is published for The Galleries at Meydan Avenue as of 2026-10-12: fewer than 3 sales were registered in the last 12 months. In the last 12 months it had 0 registered sales and 7 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Meydan median is 5.8% gross.

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The Galleries at Meydan Avenue rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
13 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/meydan/the-galleries
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Galleries at Meydan Avenue rents and yield.” Meydan, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/meydan/the-galleries

Stable dataJSON