Al Merkadh Property Prices & Market Data

Al Merkadh has registered 9,450 sales transactions in the historical DLD dataset, with a combined transaction value of 21.3B AED. That volume gives agents working buyers and sellers in Al Merkadh a pool of comparable sales evidence to support pricing conversations.

The median transaction price of 18,139 AED/sqm spans all residential categories and conceals meaningful variation by building, floor, and unit type. The middle of the distribution — the 25th to 75th percentile — runs from 15,842 to 20,374 AED/sqm, so individual units can trade well above or below the headline median.

Location signals for Al Merkadh include Buj Khalifa Dubai Mall Metro Station, Dubai Mall, Downtown Dubai. Proximity to transit and amenities is one factor agents weigh when explaining price differences between otherwise comparable units.

This data covers sales transactions only. It does not include rental transactions, Ejari registrations, or mortgage registrations. The dataset ends 2023-03-17; the most recent year is a partial year and should not be annualised.

Transaction volume in Al Merkadh varies year to year with the broader Dubai market cycle. Activity across the dataset peaked during the 2021–2022 market recovery, driven by increased international buyer demand.

Monthly trend history for Al Merkadh is available from 2021-04 to 2023-03. When setting buyer and seller expectations, context on the underlying cycle matters: a comparable drawn from a peak month may overstate current values, while an older comparable may understate them.