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 | 13,563 AED/sqm | 14,050 AED/sqm |
| Median price | AED 1.4M | AED 1.5M |
| Sampled transactions | 6,500 | 37,479 |
| P25–P75 range | 9,811 AED/sqm – 24,757 AED/sqm | 8,992 AED/sqm – 18,048 AED/sqm |
| Apartment share | 99% | 72% |
What the price gap means
Madinat Al Mataar runs 3% above Al Thanyah First on median AED/sqm (13,563 AED/sqm in Al Thanyah First against 14,050 AED/sqm in Madinat Al Mataar). That gap is widest for Apartment — Studio, where Al Thanyah First runs 42% above Madinat Al Mataar. 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 is anchored by UAE Exchange Metro Station metro, Ibn-e-Battuta Mall, Al Makhtoum 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.
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 | 86 | 25,820 AED/sqm | 2,179 | 18,231 AED/sqm | +42% |
| Apartment — 1 Bed | 38 | 15,770 AED/sqm | 2,622 | 16,596 AED/sqm | -5% |
| Apartment — 2 Bed | 72 | 11,317 AED/sqm | 2,021 | 16,405 AED/sqm | -31% |
| Apartment — 3 Bed+ | 16 | 19,301 AED/sqm | 339 | 15,953 AED/sqm | +21% |
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