Developer benchmark · July 2026

Meraas off-plan projects: AED 2,558/sqft

Meraas has 56 off-plan projects in our July 2026 dataset across 16 communities (most in City Walk, Umm Suqeim, Jumeirah), ranking #9 by project count among UAE developers we track.

Across 730 priced unit records the median asking price is AED 2,558 per sqft (27% above the Dubai-wide off-plan median), with the middle half between AED 1,980 and AED 3,230.

The median unit is AED 4.85M for 2,101 sqft.

Meraas payment plans typically ask 20% on booking and 60% before handover.

Its heaviest handover year is 2026 with 19 projects due.

#9 of 391 developers by projects#31 of 208 by AED/sqft56 projects730 priced unitsDubai 97

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Median AED/sqft

2,558

p25 1,980 to p75 3,230

Median asking price

AED 4.85M

for a median 2,101 sqft unit, in the AED 3M to 5M band

Paid before handover

60%

median of 77 payment plans

Communities

City Walk, Umm Suqeim

6 of 6 measures have the evidence to publish

Scorecard

56 off-plan, 41 on record as delivered

Completions on record

2021 to 2026, 5 handover years

Live off-plan

13 communities, 730 priced units

Price against neighbours

0.73x

26% below the other builders at the same addresses

Payment plan discount

5.79%

median of 37 priced schedules, market 5.26%

Measure	This developer	Base	What it says, and does not
Completions on record	41	56 off-plan	Buildings the corpus records as handed over, 2021 to 2026, 35 of them since 2024. It is a count of completions, not a punctuality record: see the note below.
Past its stated handover	5 of 54	9% vs 6% market	Off-plan projects whose own published handover date has passed while the source still records them as under construction. One observation cannot separate a delayed building from a listing nobody refreshed, so this is a flag to check, not a finding.
Price against neighbours	0.73x	12 projects	Each project’s median rate per sqft over the median of the other builders in the same community, then the median of those. The developer’s own projects are excluded from the benchmark. Middle half 0.51x to 1.22x.
Payment plan discount	5.79%	37 schedules	How much less the unit costs in today’s money than its headline, once the published schedule is discounted. Market median 5.26%. Terms, not price: the full ranking.
Community footprint	13 communities	56 located projects	A spread book: 23% of it sits in City Walk. Concentration is a fact about exposure, in either direction, not a verdict.
Listing completeness	84%	56 off-plan	Share of five listing facts published across its own projects: price 88%, handover date 96%, unit inventory 75%, payment plan 77%, coordinates 84%. Market 86%. This scores disclosure, not the buildings.

The scorecard does not measure whether Meraas hands over on time. Every project in this corpus carries one handover date, the date its listing stated when we read it. There is no separately recorded original announced date and no earlier reading of the same project to compare against, so no on-time rate can be computed, and we publish none rather than a proxy. The completions column is also bounded by what the corpus can see: 1,034 of the 1,087 delivered buildings on record handed over in 2020 or later (96%), and the corpus only sees projects that were listed on the portals we read, so an absent completion is an absence of evidence rather than evidence of absence. Full definitions, queries and limitations: methodology.

Distribution of asking price per sqft

Where the prices sit

730 units, 2nd to 98th percentile

Min

1,183

p25

1,980

Median

2,558

Mean

2,875

p75

3,230

Max

18,352

48 of the 730 records are individual units with a listed price and size; the rest are unit-type starting prices. See methodology.

Price, size and AED/sqft

By bedroom count

Type	Units	Median AED/sqft	p25 to p75	Median price	Median size	Entry (p25 price)
1 BR	151	2,718	2,424 to 3,233	AED 2,300,000	820 sqft	AED 2,100,000
2 BR	164	2,350	2,012 to 2,700	AED 3,200,000	1,427 sqft	AED 3,120,000
3 BR	231	2,042	1,511 to 3,223	AED 5,800,000	2,813 sqft	AED 4,680,000
4 BR	91	3,167	2,666 to 3,618	AED 13,000,000	4,589 sqft	AED 10,567,333
5 BR	51	2,767	2,062 to 6,049	AED 15,634,000	6,913 sqft	AED 13,080,000
6+ BR	42	2,235	2,072 to 2,541	AED 16,000,000	7,434 sqft	AED 15,631,000

By property type (median AED/sqft): Apartment 2,706 (520), Villa 2,148 (90), Townhouse 1,439 (84), Duplex 3,545 (19), Penthouse 6,170 (17).

From 77 published plans

Payment plan norms

Median Meraas structure

20%

40%

35%

Dubai-wide median structure

20%

40%

30%

On bookingDuring constructionOn handoverPost-handover

Medians are computed stage by stage, so bars may not sum to exactly 100. Plans with a stated total outside 90 to 110% are excluded.

On booking

20%

range 10% to 20%

Before handover

60%

range 50% to 75%

Post-handover plans

median 80% after keys

50% or less pre-handover

38%

share of plans

Scheduled handovers by quarter

Delivery pipeline

Q1 '25

Q2 '25

Q3 '25

Q4 '25

Q1 '26

Q2 '26

Q3 '26

Q4 '26

Q1 '27

Q3 '27

Q4 '27

Q1 '28

Q2 '28

Q3 '28

Q4 '28

Q1 '29

Q2 '29

Q3 '29

Q4 '29

Q1 '30

Q2 '30

Q3 '30

By year: 2021 (2), 2023 (4), 2024 (13), 2025 (14), 2026 (19), 2027 (14), 2028 (9), 2029 (14), 2030 (6). Construction status: under construction 46, completed 28, not stated 22, not started 1.

Every community where its book is deep enough for its own benchmark

Meraas by address

Meraas in Nad Al Sheba 1,641/sqft Meraas in Dubai Design District 2,615/sqft Meraas in Jumeirah 7,143/sqft Meraas in Dubailand 1,956/sqft

A community earns a page here at 25 or more priced records across two or more Meraas projects. Each one holds the builder still and compares it with everyone else selling at the same address.

16 communities

Where Meraas builds

City Walk 20 Umm Suqeim 15 Jumeirah 14 Nad Al Sheba 12 Al Wasl 10 Dubai Design District 7 Madinat Jumeirah Living 6 Dubailand 5Nad Al Sheba Gardens 1Remraam 1

56 tracked

Every Meraas off-plan project

Open in the index

Project	Community	Type	From	Median AED/sqft	Pre-handover	Handover	Status
City Walk Crestlane 2	City Walk	Apartment, Duplex	AED 2.60M	3,075	75%	Q4 2028	Sold out
Atelis	Dubai Design District	Apartment, Penthouse, Villa	AED 2.10M	2,462	75%	Q3 2029	Sold out
Verve City Walk	City Walk	Apartment, Penthouse	AED 2.12M	2,494	75%	Q3 2028	Sold out
Riwa	Umm Suqeim	Apartment	AED 12.9M	2,723	75%	Q3 2027	Sold out
Elara	Umm Suqeim	Apartment	AED 2.30M	2,370	70%	Q4 2026	Sold out
City Walk Crestlane Phase 5	City Walk	Apartment, Duplex	AED 2.80M	3,133	75%	Q2 2030	On sale
Nad Al Sheba Gardens Phase 6 By Meraas	Nad Al Sheba	Townhouse, Villa	AED 4.00M	1,422	80%	Q3 2027	Sold out
Thyme Central Park	City Walk	Apartment	AED 2.22M	2,799	70%	Q3 2026	Sold out
Nad Al Sheba Gardens Phase 5 By Meraas	Nad Al Sheba	Townhouse, Villa	AED 4.18M	1,486	80%	Q3 2027	Sold out
Erin Central Park	City Walk	Apartment, Penthouse	AED 2.07M	2,463	70%	Q3 2026	Sold out
Laurel Central Park	City Walk	Apartment, Penthouse	AED 2.02M	2,529	50%	Q4 2025	Sold out
Solaya 5 and 7	Jumeirah	Apartment, Duplex, Penthouse	AED 15.4M	7,056	60%	Q3 2029	Waiting For Sales Start
Bluewaters Bay	Bluewaters Island	Apartment, Penthouse	AED 2.85M	3,276	80%	Q1 2027	Sold out
Nad Al Sheba Gardens Phase 7 By Meraas	Nad Al Sheba	Townhouse, Villa	AED 4.43M	1,638	60%	Q3 2028	Sold out
Nad Al Sheba Gardens Phase 8	Nad Al Sheba	Townhouse, Villa	AED 5.00M	1,656	60%	Q4 2028	Sold out
Northline City Walk By Meraas	City Walk	Apartment	AED 1.83M	2,105	75%	Q3 2027	Sold out
Nad Al Sheba Gardens 10	Nad Al Sheba	Townhouse, Villa	AED 5.10M	1,808	60%	Q1 2029	Sold out
Nad Al Sheba Gardens By Meraas	Nad Al Sheba	Villa	AED 10.6M	2,195	80%	Q4 2025	Sold out
The Acres	Dubailand	Villa	AED 5.09M	1,705	65%	Q4 2027	Sold out
City Walk Crestlane	City Walk	Apartment, Duplex, Penthouse	AED 2.62M	3,407	75%	Q2 2029	On sale
The Acres Estates	Dubailand	Villa	AED 14.5M	2,065	65%	Q1 2028	Booking Started
The edit at D3	Dubai Design District	Apartment, Penthouse	AED 4.17M	3,464	75%	Q3 2030	On sale
Nourelle by Meraas	Umm Suqeim	Apartment	AED 3.68M	4,532	75%	Q1 2029	On sale
Jumeirah Residences Emirates Towers	Sheikh Zayed Road	Apartment, Duplex	AED 3.51M	8,217	50%	Q3 2030	On sale
Solaya 1,2 and 3	Jumeirah	Apartment, Duplex, Penthouse	AED 14.2M	6,620	60%	Q2 2029	Waiting For Sales Start
City Walk Crestlane 3	City Walk	Apartment, Duplex	AED 2.60M	3,234	75%	Q4 2028	Booking Started
City Walk Phase 3 By Meraas	City Walk	Apartment, Duplex	AED 2.50M	3,105	50%	Q2 2029	On sale
Solaya	Jumeirah		AED 36.6M	7,487	60%	Q4 2029	On sale
Bulgari Lighthouse	Jumeirah	Penthouse	AED 70.0M	11,460	90%	Q1 2027	Sold out
Central Park Plaza	City Walk	Apartment, Duplex, Penthouse, Townhouse	AED 2.73M	4,402	70%	Q4 2026	Sold out
Design Quarter	Dubai Design District	Apartment, Duplex	AED 1.75M	3,094	40%	Q1 2027	On sale
Nad Al Sheba Gardens Phase 9	Nad Al Sheba	Townhouse, Villa	AED 9.50M	2,578	60%	Q2 2029	On sale
Jumeirah Asora Bay	Jumeirah	Apartment, Duplex, Penthouse	AED 45.0M	15,668	60%	Q1 2029	On sale
Nad Al Sheba Gardens Phase 11	Nad Al Sheba	Townhouse, Villa	AED 13.6M	2,797	80%	Q2 2029	Sold out
Solaya 4 and 6	Jumeirah	Apartment, Penthouse	AED 43.5M	7,006	n/a	Q3 2029	Waiting For Sales Start
Lamaa Mjl	Umm Suqeim	Apartment	AED 2.25M	3,396	50%	Q1 2026	Sold out
The Acres Phase 2	Dubailand	Villa	AED 13.5M	1,873	65%	Q2 2028	Booking Started
Al Jazi	Umm Suqeim	Apartment	AED 2.17M	n/a	50%	Q4 2024	Sold out
Al Mamzar Front	Al Mamzar		n/a	n/a	n/a	n/a	Not stated
Asayel	Umm Suqeim	Apartment	AED 2.26M	n/a	50%	Q2 2023	Sold out
Asayel Apartments at MJL	Madinat Jumeirah Living		n/a	n/a	100%	Q1 2023	Sold out
Atelis at D3	Dubai Design District		AED 2.10M	n/a	n/a	Q3 2029	Not stated
BVLGARI Marina Lofts	Jumeirah	Apartment	AED 11.2M	n/a	60%	Q2 2023	Sold out
Bulgari Ocean Mansions	Jumeirah	Villa	AED 70.0M	n/a	90%	Q4 2023	Sold out
Castleton	City Walk	Apartment, Penthouse	AED 2.08M	n/a	50%	Q1 2026	Sold out
Castleton at Central Park	City Walk		n/a	n/a	50%	Q1 2026	Sold out
Celadon 1	Al Wasl		AED 1.28M	n/a	n/a	Q4 2024	Not stated
Celadon 2	Al Wasl		AED 1.28M	n/a	n/a	Q4 2024	Not stated
Celadon 3	Al Wasl		AED 1.28M	n/a	n/a	Q1 2025	Not stated
Celadon City Walk By Meraas	City Walk	Apartment	AED 1.44M	n/a	50%	Q4 2024	Sold out
Celadon Phase 2 City Walk By Meraas	City Walk	Apartment	AED 1.20M	n/a	50%	Q1 2025	Sold out
Celadon Phase 3 City Walk By Meraas	City Walk	Apartment	AED 1.20M	n/a	50%	Q1 2025	Sold out
Cherrywoods	Cherrywoods	Townhouse	AED 3.10M	n/a	40%	Q1 2024	Sold out
City Walk Northline 1	Al Wasl		AED 1.83M	n/a	n/a	Q3 2027	Not stated
City Walk Northline Phase 2 By Meraas	City Walk	Apartment	AED 1.87M	n/a	75%	Q3 2027	Sold out
Erin	Al Wasl		AED 1.59M	n/a	n/a	Q3 2026	Not stated
Fern	Al Wasl		AED 1.49M	n/a	n/a	Q1 2026	Not stated
Fern Central Park	City Walk	Apartment, Penthouse	AED 1.82M	n/a	50%	Q1 2026	Sold out
Jadeel Building 1	Umm Suqeim		AED 1.39M	n/a	n/a	Q3 2024	Not stated
Jadeel Phase 2 By Meraas	Umm Suqeim	Apartment	AED 2.19M	n/a	50%	Q2 2025	Sold out
Jadeel Phase 3 By Meraas	Umm Suqeim	Apartment	AED 2.19M	n/a	50%	Q2 2025	Sold out
Jadeel at Madinat Jumeirah Living By Meraas Holding	Umm Suqeim	Apartment	AED 1.39M	n/a	50%	Q3 2024	Sold out
Jomana	Umm Suqeim	Apartment	AED 2.35M	n/a	70%	Q2 2026	Sold out
La Sirene Phase 2 By Meraas	Jumeirah	Apartment	AED 2.20M	n/a	50%	Q2 2024	Sold out
La Sirene Phase1 By Meraas	Jumeirah	Apartment	AED 1.29M	n/a	50%	Q1 2024	Sold out
La Sirene Tower 1	Jumeirah		AED 1.29M	n/a	n/a	Q4 2024	Not stated
La Sirene Tower 3	Jumeirah		AED 1.29M	n/a	n/a	Q1 2024	Not stated
Lamaa Building 1	Umm Suqeim		AED 1.46M	n/a	n/a	Q1 2026	Not stated
Lamaa Building 2	Umm Suqeim		AED 1.46M	n/a	n/a	Q1 2026	Not stated
Lamaa Building 3	Umm Suqeim		AED 1.46M	n/a	n/a	Q1 2026	Not stated
Lamaa Building 4	Umm Suqeim		AED 1.46M	n/a	n/a	Q1 2026	Not stated
Laurel	Al Wasl		AED 1.50M	n/a	n/a	Q4 2025	Not stated
Le Ciel	Jumeirah	Apartment	AED 1.74M	n/a	50%	Q1 2025	Sold out
MJL Al Jazi	Madinat Jumeirah Living		n/a	n/a	50%	Q3 2025	Sold out
MJL Elara	Madinat Jumeirah Living		n/a	n/a	70%	Q4 2026	Sold out
MJL Jadeel	Madinat Jumeirah Living		n/a	n/a	n/a	Q2 2025	Sold out
MJL Jomana	Madinat Jumeirah Living		n/a	n/a	n/a	Q2 2026	Sold out
MJL Lamtara	Madinat Jumeirah Living		n/a	n/a	n/a	Q3 2021	Sold out
Myrtle	Al Wasl		AED 1.25M	n/a	n/a	Q1 2025	Not stated
Myrtle Central Park	DIFC		n/a	n/a	50%	Q2 2025	Sold out
Myrtle City Walk	City Walk	Apartment	AED 1.80M	n/a	50%	Q2 2025	Sold out
Nad Al Sheba Garden Phase 5, 6	Nad Al Sheba Gardens		n/a	n/a	80%	Q3 2027	Sold out
Nad Al Sheba Gardens 12	Nad Al Sheba	Villa	n/a	n/a	80%	Q3 2029	Booking Started
Nad Al Sheba Gardens Phase 2 By Meraas	Nad Al Sheba	Townhouse, Villa	AED 4.50M	n/a	50%	Q1 2026	Sold out
Nad Al Sheba Gardens Phase 3 By Meraas	Nad Al Sheba	Townhouse, Villa	AED 3.43M	n/a	50%	Q2 2026	Sold out
Nad Al Sheba Gardens Phase 4 By Meraas	Nad Al Sheba	Townhouse, Villa	AED 3.90M	n/a	60%	Q1 2027	Sold out
Port De La Mer	Jumeirah		AED 27.8M	n/a	20%	Q1 2024	On sale
Remraam	Remraam		n/a	n/a	10%	Q4 2021	Sold out
The Acres Estates Phase 3 by Meraas	Dubailand	Villa	AED 6.10M	n/a	n/a	Q4 2027	Booking Started
The Acres Phase 3 By Meraas	Dubailand	Villa	AED 6.50M	n/a	65%	Q4 2027	Booking Started
The Edit Tower A	Dubai Design District		AED 2.00M	n/a	n/a	Q1 2030	Not stated
The Edit Tower B	Dubai Design District		AED 2.00M	n/a	n/a	Q1 2030	Not stated
The Edit Tower C	Dubai Design District		AED 2.00M	n/a	n/a	Q1 2030	Not stated
Verve Tower A	Al Wasl		AED 2.12M	n/a	n/a	Q3 2028	Not stated
Verve Tower B	Al Wasl		AED 2.12M	n/a	n/a	Q3 2028	Not stated
Viridian	City Walk	Apartment	AED 1.22M	n/a	50%	Q4 2024	Sold out
Warsan First	Al Warsan		n/a	n/a	n/a	n/a	Sold out

Project facts (name, community, starting price, handover, payment plan) are as published by the developer. Median AED/sqft is our computation over that project's priced units.

Compare on AED/sqft

Developers at a similar price point

Developer	Projects	Priced units	Median AED/sqft	vs Meraas	Pre-handover
Anax	4	105	2,558	+0%	30%
Qube	4	136	2,559	+0%	60%
UniEstate	2	55	2,555	0%	30%
Danube	22	1,370	2,549	0%	66%
Amaal Emirates	2	164	2,568	+0%	50%
Dar Global	6	45	2,546	0%	80%

FAQ

Questions this data answers

What is Meraas's average off-plan price per sqft?+

Across 730 priced units in 64 Meraas projects (July 2026), the median asking price is AED 2,558 per sqft, with the middle half between AED 1,980 and AED 3,230.

Where is Meraas building off-plan?+

Meraas has projects in 16 communities. The largest concentrations are City Walk (20), Umm Suqeim (15), Jumeirah (14), Nad Al Sheba (12), Al Wasl (10).

What payment plan does Meraas usually offer?+

Across 77 published Meraas payment plans the median structure is 20% on booking, 40% during construction and 35% on handover, so 60% before keys. 4% of plans include post-handover instalments.

When are Meraas's off-plan projects handing over?+

Scheduled handovers by year: 2021: 2, 2023: 4, 2024: 13, 2025: 14, 2026: 19, 2027: 14, 2028: 9, 2029: 14, 2030: 6. Dates are as published by the developer and can move.

How much does a Meraas off-plan unit cost?+

1 BR: median AED 2,300,000 for 820 sqft; 2 BR: median AED 3,200,000 for 1,427 sqft; 3 BR: median AED 5,800,000 for 2,813 sqft; 4 BR: median AED 13,000,000 for 4,589 sqft; 5 BR: median AED 15,634,000 for 6,913 sqft; 6+ BR: median AED 16,000,000 for 7,434 sqft.

The notes behind the numbers on this page