Dubai market evidence
Al Merkadh vs Wadi Al Safa 4: Which Costs More?
A side-by-side comparison of Al Merkadh and Wadi Al Safa 4 property prices from the historical DLD transaction record, broken down by property type.
The numbers for Al Merkadh and Wadi Al Safa 4
| Metric | Al Merkadh | Wadi Al Safa 4 |
|---|---|---|
| Median AED/sqm | 18,855 AED/sqm | 18,791 AED/sqm |
| Median price | AED 1.3M | AED 1.6M |
| Sampled transactions | 35,662 | 6,008 |
| P25–P75 range | 16,141 AED/sqm – 21,291 AED/sqm | 16,204 AED/sqm – 20,831 AED/sqm |
| Apartment share | 96% | 94% |
What the price gap means
Al Merkadh and Wadi Al Safa 4 carry effectively the same median AED/sqm in the sampled DLD record (18,855 AED/sqm against 18,791 AED/sqm).
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 Wadi Al Safa 4 is anchored by Global Village.
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 | Wadi Al Safa 4 tx | Wadi Al Safa 4 AED/sqm | Gap |
|---|---|---|---|---|---|
| Apartment — Studio | 2,352 | 18,932 AED/sqm | 519 | 18,170 AED/sqm | +4% |
| Apartment — 1 Bed | 2,647 | 20,721 AED/sqm | 716 | 19,498 AED/sqm | +6% |
| Apartment — 2 Bed | 1,314 | 20,720 AED/sqm | 557 | 19,854 AED/sqm | +4% |
| Apartment — 3 Bed+ | 424 | 20,334 AED/sqm | 156 | 19,190 AED/sqm | +6% |
| Villa / Townhouse | 85 | 24,907 AED/sqm | 108 | 10,912 AED/sqm | +128% |
| Land plot | 235 | 14,636 AED/sqm | 13 | 4,306 AED/sqm | +240% |
Research each area
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