Dubai market evidence
Al Merkadh vs Al Safouh First: Which Costs More?
A side-by-side comparison of Al Merkadh and Al Safouh First property prices from the historical DLD transaction record, broken down by property type.
The numbers for Al Merkadh and Al Safouh First
| Metric | Al Merkadh | Al Safouh First |
|---|---|---|
| Median AED/sqm | 18,855 AED/sqm | 18,175 AED/sqm |
| Median price | AED 1.3M | AED 2.2M |
| Sampled transactions | 35,662 | 1,773 |
| P25–P75 range | 16,141 AED/sqm – 21,291 AED/sqm | 13,121 AED/sqm – 39,725 AED/sqm |
| Apartment share | 96% | 97% |
What the price gap means
Al Merkadh runs 4% above Al Safouh First on median AED/sqm (18,855 AED/sqm in Al Merkadh against 18,175 AED/sqm in Al Safouh First). That gap is widest for Apartment — 1 Bed, where Al Safouh First runs 19% above Al Merkadh. 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 Merkadh is anchored by Buj Khalifa Dubai Mall Metro Station metro, Dubai Mall, Downtown Dubai, while Al Safouh First is anchored by Dubai Internet City metro, Mall of the Emirates, Burj Al Arab.
This is sales transaction evidence only and ends 2026-07-27. It covers sales, not rentals, and is market reference, not valuation or investment advice.
Price by property type
| Property type | Al Merkadh tx | Al Merkadh AED/sqm | Al Safouh First tx | Al Safouh First AED/sqm | Gap |
|---|---|---|---|---|---|
| Apartment — 1 Bed | 2,647 | 20,721 AED/sqm | 79 | 25,543 AED/sqm | -19% |
| Apartment — 2 Bed | 1,314 | 20,720 AED/sqm | 105 | 23,477 AED/sqm | -12% |
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