Dubai market evidence
Al Hebiah First vs Al Merkadh: Which Costs More?
A side-by-side comparison of Al Hebiah First and Al Merkadh property prices from the historical DLD transaction record, broken down by property type.
The numbers for Al Hebiah First and Al Merkadh
| Metric | Al Hebiah First | Al Merkadh |
|---|---|---|
| Median AED/sqm | 20,146 AED/sqm | 20,753 AED/sqm |
| Median price | AED 1.2M | AED 1.3M |
| Sampled transactions | 10,467 | 17,539 |
| P25–P75 range | 13,047 AED/sqm – 21,259 AED/sqm | 18,212 AED/sqm – 23,299 AED/sqm |
| Apartment share | 99% | 96% |
What the price gap means
Al Merkadh runs 3% above Al Hebiah First on median AED/sqm (20,146 AED/sqm in Al Hebiah First against 20,753 AED/sqm in Al Merkadh). That gap is widest for Apartment — 3 Bed+, where Al Merkadh runs 50% above Al Hebiah First. The headline number is driven by that unit type rather than a uniform premium across the board.
Citywide medians mix property types unevenly, so a headline gap can reflect what is being sold rather than a like-for-like premium. The per-type table above compares only the property types with enough sampled sales in both areas.
Beyond price, Al Hebiah First is anchored by Dubai Internet City metro, Mall of the Emirates, Motor City, while Al Merkadh is anchored by Creek Metro Station metro, Dubai Mall, Downtown Dubai.
This is sales transaction evidence only and ends 2026-08-13. It covers sales, not rentals, and is market reference, not valuation or investment advice.
Price by property type
| Property type | Al Hebiah First tx | Al Hebiah First AED/sqm | Al Merkadh tx | Al Merkadh AED/sqm | Gap |
|---|---|---|---|---|---|
| Apartment — Studio | 475 | 18,299 AED/sqm | 2,096 | 19,097 AED/sqm | -4% |
| Apartment — 1 Bed | 2,296 | 20,398 AED/sqm | 2,197 | 21,256 AED/sqm | -4% |
| Apartment — 2 Bed | 546 | 13,515 AED/sqm | 1,011 | 20,876 AED/sqm | -35% |
| Apartment — 3 Bed+ | 157 | 10,125 AED/sqm | 335 | 20,451 AED/sqm | -50% |
| Villa / Townhouse | 46 | 14,146 AED/sqm | 50 | 27,198 AED/sqm | -48% |
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