Dubai market evidence

Hadaeq Sheikh Mohammed Bin Rashid vs Jumeirah First: Which Costs More?

A side-by-side comparison of Hadaeq Sheikh Mohammed Bin Rashid and Jumeirah First property prices from the historical DLD transaction record, broken down by property type.

The numbers for Hadaeq Sheikh Mohammed Bin Rashid and Jumeirah First

MetricHadaeq Sheikh Mohammed Bin RashidJumeirah First
Median AED/sqm19,345 AED/sqm20,206 AED/sqm
Median priceAED 2.2MAED 4.2M
Sampled transactions34,8854,376
P25–P75 range13,817 AED/sqm – 24,258 AED/sqm12,144 AED/sqm – 26,488 AED/sqm
Apartment share87%74%

What the price gap means

Jumeirah First runs 4% above Hadaeq Sheikh Mohammed Bin Rashid on median AED/sqm (19,345 AED/sqm in Hadaeq Sheikh Mohammed Bin Rashid against 20,206 AED/sqm in Jumeirah First). That gap is widest for Apartment — 3 Bed+, where Jumeirah First runs 65% above Hadaeq Sheikh Mohammed Bin Rashid. 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, Hadaeq Sheikh Mohammed Bin Rashid is anchored by Business Bay Metro Station metro, Dubai Mall, Burj Al Arab, while Jumeirah First is anchored by Al Ghubaiba Metro Station metro, Dubai Mall, Burj Khalifa.

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 typeHadaeq Sheikh Mohammed Bin Rashid txHadaeq Sheikh Mohammed Bin Rashid AED/sqmJumeirah First txJumeirah First AED/sqmGap
Apartment — 1 Bed2,62823,697 AED/sqm10829,803 AED/sqm-20%
Apartment — 2 Bed2,17424,237 AED/sqm11231,397 AED/sqm-23%
Apartment — 3 Bed+68525,560 AED/sqm7373,947 AED/sqm-65%
Villa / Townhouse48220,288 AED/sqm3816,391 AED/sqm+24%
Land plot36123,903 AED/sqm6315,780 AED/sqm+51%

Frequently asked questions