Dubai market evidence
Al Satwa vs Hadaeq Sheikh Mohammed Bin Rashid: Which Costs More?
A side-by-side comparison of Al Satwa and Hadaeq Sheikh Mohammed Bin Rashid property prices from the historical DLD transaction record, broken down by property type.
The numbers for Al Satwa and Hadaeq Sheikh Mohammed Bin Rashid
| Metric | Al Satwa | Hadaeq Sheikh Mohammed Bin Rashid |
|---|---|---|
| Median AED/sqm | 20,296 AED/sqm | 19,345 AED/sqm |
| Median price | AED 1.3M | AED 2.2M |
| Sampled transactions | 4,113 | 34,885 |
| P25–P75 range | 12,047 AED/sqm – 24,906 AED/sqm | 13,817 AED/sqm – 24,258 AED/sqm |
| Apartment share | 91% | 87% |
What the price gap means
Al Satwa runs 5% above Hadaeq Sheikh Mohammed Bin Rashid on median AED/sqm (20,296 AED/sqm in Al Satwa against 19,345 AED/sqm in Hadaeq Sheikh Mohammed Bin Rashid). That gap is widest for Villa / Townhouse, where Hadaeq Sheikh Mohammed Bin Rashid runs 36% above Al Satwa. 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 Satwa is anchored by Buj Khalifa Dubai Mall Metro Station metro, Dubai Mall, Burj Khalifa, while Hadaeq Sheikh Mohammed Bin Rashid is anchored by Business Bay Metro Station metro, Dubai Mall, 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 Satwa tx | Al Satwa AED/sqm | Hadaeq Sheikh Mohammed Bin Rashid tx | Hadaeq Sheikh Mohammed Bin Rashid AED/sqm | Gap |
|---|---|---|---|---|---|
| Apartment — Studio | 383 | 25,565 AED/sqm | 185 | 19,948 AED/sqm | +28% |
| Apartment — 1 Bed | 395 | 21,884 AED/sqm | 2,628 | 23,697 AED/sqm | -8% |
| Apartment — 2 Bed | 113 | 21,177 AED/sqm | 2,174 | 24,237 AED/sqm | -13% |
| Villa / Townhouse | 30 | 12,917 AED/sqm | 482 | 20,288 AED/sqm | -36% |
| Land plot | 59 | 16,407 AED/sqm | 361 | 23,903 AED/sqm | -31% |
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