Dubai market evidence
Al Thanyah First vs Madinat Al Mataar: Which Costs More?
A side-by-side comparison of Al Thanyah First and Madinat Al Mataar property prices from the historical DLD transaction record, broken down by property type.
The numbers for Al Thanyah First and Madinat Al Mataar
| Metric | Al Thanyah First | Madinat Al Mataar |
|---|---|---|
| Median AED/sqm | 16,146 AED/sqm | 16,497 AED/sqm |
| Median price | AED 1.5M | AED 1.4M |
| Sampled transactions | 1,143 | 28,108 |
| P25–P75 range | 11,660 AED/sqm – 22,567 AED/sqm | 12,769 AED/sqm – 19,589 AED/sqm |
| Apartment share | 97% | 74% |
What the price gap means
Madinat Al Mataar runs 2% above Al Thanyah First on median AED/sqm (16,146 AED/sqm in Al Thanyah First against 16,497 AED/sqm in Madinat Al Mataar). That gap is widest for Apartment — 2 Bed, where Madinat Al Mataar runs 29% above Al Thanyah 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 Thanyah First is anchored by Dubai Internet City metro, Mall of the Emirates, Burj Al Arab, while Madinat Al Mataar has no listed metro, mall, or landmark anchor in this dataset.
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 Thanyah First tx | Al Thanyah First AED/sqm | Madinat Al Mataar tx | Madinat Al Mataar AED/sqm | Gap |
|---|---|---|---|---|---|
| Apartment — Studio | 79 | 22,198 AED/sqm | 2,305 | 18,322 AED/sqm | +21% |
| Apartment — 1 Bed | 37 | 17,373 AED/sqm | 2,591 | 16,610 AED/sqm | +5% |
| Apartment — 2 Bed | 56 | 11,781 AED/sqm | 1,994 | 16,523 AED/sqm | -29% |
| Apartment — 3 Bed+ | 18 | 18,099 AED/sqm | 310 | 16,218 AED/sqm | +12% |
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