Community
Nad Al Sheba 1
Nad Al Sheba 1 is a district in Meydan. A premium villa and townhouse community where most homes sell off-plan.
01 / Transactions
Latest Nad Al Sheba 1 transactions
| Property | PricePer sq ft | Specs | Recorded | Open |
|---|---|---|---|---|
| AED 2,367,078AED 833 per sq ft | 3 beds2,841 sq ft | 22 Oct 2026Mortgage | ||
| AED 5,700,000AED 2,910 per sq ft | 3 beds1,959 sq ft | 22 Oct 2026Sale | ||
| AED 1,224,838AED 2,005 per sq ft | 1 bed611 sq ft | 22 Oct 2026Sale | ||
| AED 1,343,014AED 2,297 per sq ft | 1 bed585 sq ft | 20 Oct 2026Sale | ||
| AED 1,432,269AED 2,371 per sq ft | 1 bed604 sq ft | 16 Oct 2026Sale |
1,143 more records
Guests see the latest 5 transactions of each project and community. Create an account to see all 1,148.
02 / About
About Nad Al Sheba 1
Nad Al Sheba 1 is an area located within Meydan, Mohammed Bin Rashid City, Dubai.
Nad Al Sheba 1 at a glance
- Area
- Meydan
Homes, design and facilities
Nad Al Sheba 1 is historically the part of Nad Al Sheba most closely associated with horse racing. The former Nad Al Sheba Racecourse stood here, and its history is central to the development of modern thoroughbred racing in Dubai.
In addition to horse racing, it is also a substantial modern residential district with schools, shops, mosques and parks.
The district is home to many royal compounds and palaces including Nad Al Sheba Palace, belonging to Sheikh Hamdan bin Mohammed Al Maktoum. The royal association with Nad Al Sheba 1 isn't incidental. The old racecourse existed largely because of Sheikh Mohammed bin Rashid Al Maktoum's personal involvement in developing horse racing in Dubai. Flat races have been held here since 1981.
Nad Al Sheba Racecourse was Dubai's first purpose-built racecourse. It opened in 1992, eleven years after Dubai's first flat-racing meeting was held at a camel track in the Nad Al Sheba area.
The creation of the racecourse coincided with the foundation of Dubai Racing Club in 1992. Together, these developments transformed Dubai horse racing from relatively small meetings into an organised professional sport with increasing international participation.
The racecourse became internationally famous as the original home of the Dubai World Cup, first held in 1996 and was a major step in establishing Dubai and the UAE as a global centre for racing.
Nad Al Sheba Racecourse was eventually superseded by Meydan Racecourse. Meydan opened in 2010 and became the new headquarters of the Dubai World Cup, marking the end of Nad Al Sheba Racecourse's role as Dubai's principal racing venue.
Nad Al Sheba 1 has a more mixed character than Nad Al Sheba 2–4. It is made up of several quite different residential pockets rather than being one uniform neighbourhood. These include Nad Al Sheba Gardens, a large modern villa and townhouse development by Meraas; Meydan Heights, which is used exclusively for Emirates Airline employee accommodation; Polo Residences which comprises solely apartment buildings; and Grand Views, a gated community comprising large stand-alone villas.
In addition to horse racing, Nad Al Sheba 1 has a strong wider sporting identity centred on the Nad Al Sheba Sports Complex, which hosts the annual NAS Sports Tournament and has facilities used for training and community sport. The area also has extensive cycle routes.
Unlike Nad Al Sheba 2, 3 and 4, parts of Nad Al Sheba 1 are allocated as freehold where non-UAE nationals may own property.
Getting around
- Dubai Mall
- 16 min
- Palm Jumeirah
- 23 min
- Burj Al Arab
- 22 min
- The Walk JBR
- 27 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Nearby neighbourhoods
- Meydan0.6 km
- The Polo Residence1.3 km
- Mohammed Bin Rashid City1.5 km
- Azizi Riviera2.3 km
Nad Al Sheba 1 recorded 1,132 market sales from 21 Feb 2023 – 22 Oct 2026, at a median price of AED 4,933,500 (AED 2,244/sqft). Nad Al Sheba 1's median price per sqft (AED 2,244/sqft) is 29% above the Dubai median (AED 1,736/sqft).
03 / Prices
Nad Al Sheba 1 prices by property type and bedrooms
Median prices of market sales; open a row for that segment's own price page.
| Property | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 116 | 1.56M AED | 2,083 | ||
| 48 | 2.46M AED | 2,121 | ||
| 2 | 6.5M AED | 1,939 | ||
| 962 | 5.1M AED | 2,552 | ||
| 4 | 2.03M AED | 3,542 |
04 / Rents
Renting in Nad Al Sheba 1
Medians of the 1,620 market rents (one property, about a year) among 8,930 registered contracts. Gross yield: apartment rent per sqft against the sale price per sqft.
- Median rent / yr
- AED 109,000
- Per sqft / yr
- AED 87/sqft
- Gross yield
- 4.0%
Market pulse / monthly
Nad Al Sheba 1 sale price history
Monthly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Feb 2023Total AED 157,844,000 | 35 | AED 4,308,000 | — |
| Mar 2023Total AED 380,507,000 | 84 | AED 4,378,000 | — |
| Apr 2023Total AED 15,903,000 | 4 | AED 4,079,000 | — |
| May 2023Total AED 116,790,000 | 25 | AED 4,487,000 | — |
| Jun 2023Total AED 37,979,000 | 7 | AED 6,309,000 | — |
| Jul 2023Total AED 26,346,000 | 5 | AED 4,736,000 | — |
| Aug 2023Total AED 14,857,480 | 3 | AED 4,692,480 | — |
| Sept 2023Total AED 5,123,000 | 1 | AED 5,123,000 | — |
| Oct 2023Total AED 55,770,000 | 9 | AED 6,340,000 | — |
| Nov 2023Total AED 6,339,000 | 1 | AED 6,339,000 | — |
| Dec 2023Total AED 4,900,000 | 1 | AED 4,900,000 | — |
| Jan 2024Total AED 4,200,000 | 1 | AED 4,200,000 | — |
| Mar 2024Total AED 5,184,000 | 1 | AED 5,184,000 | — |
| Apr 2024Total AED 6,707,000 | 1 | AED 6,707,000 | — |
| May 2024Total AED 10,300,000 | 2 | AED 5,150,000 | — |
| Jun 2024Total AED 69,455,000 | 15 | AED 4,670,000 | — |
| Jul 2024Total AED 767,313,000 | 163 | AED 4,692,000 | — |
| Aug 2024Total AED 258,428,000 | 53 | AED 4,760,000 | — |
| Sept 2024Total AED 58,583,000 | 12 | AED 4,814,000 | — |
| Oct 2024Total AED 28,789,000 | 6 | AED 4,890,500 | — |
| Nov 2024Total AED 9,950,000 | 2 | AED 4,975,000 | — |
| Dec 2024Total AED 18,650,000 | 4 | AED 4,700,000 | — |
| Jan 2025Total AED 18,330,000 | 3 | AED 6,400,000 | — |
| Feb 2025Total AED 470,922,000 | 93 | AED 5,097,000 | — |
| Mar 2025Total AED 230,179,000 | 45 | AED 5,102,000 | — |
| Apr 2025Total AED 58,368,679 | 12 | AED 5,132,500 | — |
| May 2025Total AED 31,920,955 | 11 | AED 1,660,820 | — |
| Jun 2025Total AED 27,086,931 | 11 | AED 1,690,870 | — |
| Jul 2025Total AED 19,321,296 | 5 | AED 4,950,000 | — |
| Aug 2025Total AED 26,549,000 | 5 | AED 5,000,000 | — |
| Sept 2025Total AED 188,400,000 | 33 | AED 5,933,000 | — |
| Oct 2025Total AED 708,502,034 | 126 | AED 5,637,500 | — |
| Nov 2025Total AED 149,379,496 | 31 | AED 5,307,000 | — |
| Dec 2025Total AED 151,898,044 | 43 | AED 2,386,000 | — |
| Jan 2026Total AED 425,341,089 | 86 | AED 6,244,000 | AED 2,332/sqft |
| Feb 2026Total AED 323,417,660 | 58 | AED 6,203,000 | AED 2,326/sqft |
| Mar 2026Total AED 97,383,220 | 22 | AED 5,455,500 | AED 2,149/sqft |
| Apr 2026Total AED 61,742,653 | 21 | AED 1,698,000 | AED 2,112/sqft |
| May 2026Total AED 50,325,426 | 16 | AED 1,775,500 | AED 2,242/sqft |
| Jun 2026Total AED 45,186,042 | 14 | AED 2,510,350 | AED 2,111/sqft |
| Jul 2026Total AED 48,490,810 | 12 | AED 4,458,418 | AED 2,278/sqft |
| Aug 2026Total AED 43,544,900 | 12 | AED 3,397,250 | AED 1,989/sqft |
| Sept 2026Total AED 87,440,700 | 19 | AED 5,175,000 | AED 2,162/sqft |
| Oct 2026Total AED 56,451,159 | 19 | AED 1,675,320 | AED 2,263/sqft |
05 / Projects
Projects in Nad Al Sheba 1
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 224 | 4.64M AED | 2,204 | ||
| 154 | 5.1M AED | 2,558 | ||
| 119 | 4.62M AED | 2,042 | ||
| 110 | 6.37M AED | 3,141 | ||
| 109 | 4.9M AED | 2,552 | ||
| 106 | 6.06M AED | 2,441 | ||
| 63 | 5.46M AED | 1,870 | ||
| 57 | 4.76M AED | 1,768 | ||
| 47 | 2.14M AED | 2,244 | ||
| 39 | 1.58M AED | 1,943 | ||
| 34 | 1.56M AED | 2,285 | ||
| 20 | 5.59M AED | 1,795 | ||
| 18 | 1.65M AED | 2,007 | ||
| 16 | 1.61M AED | 2,177 | ||
| 12 | 1.4M AED | 2,298 | ||
| 4 | 1.7M AED | 2,047 |
06 / Nearby
Related areas
Communities with comparable activity and prices.
| Community | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 96,015 | 1.37M AED | 2,451 | ||
| 89,709 | 805K AED | 1,467 | ||
| 70,672 | 1.45M AED | 2,015 | ||
| 58,049 | 954.75K AED | 1,626 | ||
| 53,515 | 2.35M AED | 2,846 | ||
| 47,279 | 349K AED | 724 | ||
| 29,994 | 660K AED | 1,320 | ||
| 26,852 | 1.29M AED | 1,694 |
07 / Talk to us
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