Dubai market evidence
Al Mizhar Second vs Al Warqa Third: Which Costs More?
A side-by-side comparison of Al Mizhar Second and Al Warqa Third property prices from the historical DLD transaction record, broken down by property type.
The numbers for Al Mizhar Second and Al Warqa Third
| Metric | Al Mizhar Second | Al Warqa Third |
|---|---|---|
| Median AED/sqm | 1,586 AED/sqm | 1,399 AED/sqm |
| Median price | AED 4.9M | AED 3.6M |
| Sampled transactions | 455 | 559 |
| P25–P75 range | 591 AED/sqm – 2,691 AED/sqm | 538 AED/sqm – 2,531 AED/sqm |
| Apartment share | 0% | 0% |
What the price gap means
Al Mizhar Second runs 13% above Al Warqa Third on median AED/sqm (1,586 AED/sqm in Al Mizhar Second against 1,399 AED/sqm in Al Warqa Third). There is not enough sampled data on both sides to break the gap down by property type.
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 Mizhar Second is anchored by Etisalat Metro Station metro, City Centre Mirdif, Dubai International Airport, while Al Warqa Third is anchored by Rashidiya Metro Station metro, City Centre Mirdif, Dubai International Airport.
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.
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