Dubai market evidence

Hadaeq Sheikh Mohammed Bin Rashid vs Ras Al Khor Industrial First: Which Costs More?

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

The numbers for Hadaeq Sheikh Mohammed Bin Rashid and Ras Al Khor Industrial First

MetricHadaeq Sheikh Mohammed Bin RashidRas Al Khor Industrial First
Median AED/sqm24,466 AED/sqm23,465 AED/sqm
Median priceAED 2.2MAED 1.9M
Sampled transactions16,2263,679
P25–P75 range22,113 AED/sqm – 27,153 AED/sqm22,550 AED/sqm – 25,295 AED/sqm
Apartment share88%99%

What the price gap means

Hadaeq Sheikh Mohammed Bin Rashid runs 4% above Ras Al Khor Industrial First on median AED/sqm (24,466 AED/sqm in Hadaeq Sheikh Mohammed Bin Rashid against 23,465 AED/sqm in Ras Al Khor Industrial First). That gap is widest for Apartment — 3 Bed+, where Hadaeq Sheikh Mohammed Bin Rashid runs 15% above Ras Al Khor Industrial 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, Hadaeq Sheikh Mohammed Bin Rashid is anchored by First Abu Dhabi Bank Metro Station metro, Mall of the Emirates, Motor City, while Ras Al Khor Industrial First is anchored by Creek 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 typeHadaeq Sheikh Mohammed Bin Rashid txHadaeq Sheikh Mohammed Bin Rashid AED/sqmRas Al Khor Industrial First txRas Al Khor Industrial First AED/sqmGap
Apartment — 1 Bed2,34224,146 AED/sqm65224,703 AED/sqm-2%
Apartment — 2 Bed1,94925,231 AED/sqm45623,089 AED/sqm+9%
Apartment — 3 Bed+60026,376 AED/sqm18122,873 AED/sqm+15%

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