Dubai market evidence
Hadaeq Sheikh Mohammed Bin Rashid vs Nad Al Shiba First: Which Costs More?
A side-by-side comparison of Hadaeq Sheikh Mohammed Bin Rashid and Nad Al Shiba First property prices from the historical DLD transaction record, broken down by property type.
The numbers for Hadaeq Sheikh Mohammed Bin Rashid and Nad Al Shiba First
| Metric | Hadaeq Sheikh Mohammed Bin Rashid | Nad Al Shiba First |
|---|---|---|
| Median AED/sqm | 24,466 AED/sqm | 23,503 AED/sqm |
| Median price | AED 2.2M | AED 3.2M |
| Sampled transactions | 16,226 | 5,123 |
| P25–P75 range | 22,113 AED/sqm – 27,153 AED/sqm | 16,802 AED/sqm – 35,414 AED/sqm |
| Apartment share | 88% | 56% |
What the price gap means
Hadaeq Sheikh Mohammed Bin Rashid runs 4% above Nad Al Shiba First on median AED/sqm (24,466 AED/sqm in Hadaeq Sheikh Mohammed Bin Rashid against 23,503 AED/sqm in Nad Al Shiba First). That gap is widest for Apartment — Studio, where Nad Al Shiba First runs 49% 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 First Abu Dhabi Bank Metro Station metro, Mall of the Emirates, Motor City, while Nad Al Shiba First is anchored by Business Bay Metro Station metro, Dubai Mall, Downtown Dubai.
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 | Hadaeq Sheikh Mohammed Bin Rashid tx | Hadaeq Sheikh Mohammed Bin Rashid AED/sqm | Nad Al Shiba First tx | Nad Al Shiba First AED/sqm | Gap |
|---|---|---|---|---|---|
| Apartment — Studio | 148 | 19,775 AED/sqm | 347 | 38,620 AED/sqm | -49% |
| Apartment — 1 Bed | 2,342 | 24,146 AED/sqm | 362 | 18,459 AED/sqm | +31% |
| Apartment — 2 Bed | 1,949 | 25,231 AED/sqm | 228 | 17,886 AED/sqm | +41% |
| Apartment — 3 Bed+ | 600 | 26,376 AED/sqm | 41 | 20,424 AED/sqm | +29% |
| Villa / Townhouse | 403 | 21,317 AED/sqm | 357 | 23,775 AED/sqm | -10% |
| Land plot | 282 | 25,000 AED/sqm | 441 | 21,645 AED/sqm | +16% |
Research each area
More area comparisons
Al Kifaf vs Nad Al Shiba First
Compare Al Kifaf and Nad Al Shiba First property prices.
Al Nahda Second vs Hadaeq Sheikh Mohammed Bin Rashid
Compare Al Nahda Second and Hadaeq Sheikh Mohammed Bin Rashid property prices.
Al Nahda Second vs Nad Al Shiba First
Compare Al Nahda Second and Nad Al Shiba First property prices.
Al Satwa vs Hadaeq Sheikh Mohammed Bin Rashid
Compare Al Satwa and Hadaeq Sheikh Mohammed Bin Rashid property prices.
Al Satwa vs Nad Al Shiba First
Compare Al Satwa and Nad Al Shiba First property prices.
Business Bay vs Hadaeq Sheikh Mohammed Bin Rashid
Compare Business Bay and Hadaeq Sheikh Mohammed Bin Rashid property prices.