Al Merkadh · Ready · 51% of recent sales are 2-bedrooms
2-bedrooms resell for about AED 2.48M and rent for AED 145k a year.
At a glance
From 20 resales in the last 12 months.
From 20 new leases in the last 3 months.
About the same as 2-bedrooms across Al Merkadh.
About as many resales as the typical similar building.
What brings you here?
AED 1.59M
That's the typical price. 5 of the 10 1-bedrooms resold here in the last year went for AED 1.5M to AED 1.69M. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 1.5M
4 of the 10 1-bedrooms resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical 1-bedroom here at AED 1.59M, and renting a 1-bedroom here for AED 94k a year.
The mortgage is AED 702 a month less than renting.
Before service charges and any change in price.
AED 427k
Over 5 years, buying costs about AED 379k in fees and interest. Renting costs about AED 468k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
5.9%
A year's rent, about AED 94k, as a share of the price, before service charges. 1-bedrooms across Al Merkadh earn 6.4%.
1 a month
That's how often a 1-bedroom resells here. The building has about as many resales as the typical similar building nearby.
No clear move
Only 5 resales in the building in the last 3 months, too few to call a direction.
Each dot is a 1-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 551. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 550k less
1-bedrooms at Sobha Creek Vistas cost AED 1.04M and rent for AED 67k. That's a 6.5% return, against 5.9% here. Below: 4 cheaper buildings that earn more.
AED 2.48M
That's the typical price. 10 of the 20 2-bedrooms resold here in the last year went for AED 2.32M to AED 2.72M. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 2.32M
6 of the 20 2-bedrooms resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical 2-bedroom here at AED 2.48M, and renting a 2-bedroom here for AED 145k a year.
The mortgage is AED 1,055 a month less than renting.
Before service charges and any change in price.
AED 660k
Over 5 years, buying costs about AED 585k in fees and interest. Renting costs about AED 725k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
5.8%
A year's rent, about AED 145k, as a share of the price, before service charges. 2-bedrooms across Al Merkadh earn 5.7%.
2 a month
That's how often a 2-bedroom resells here. The building has about as many resales as the typical similar building nearby.
No clear move
Only 5 resales in the building in the last 3 months, too few to call a direction.
Each dot is a 2-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 1,206. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 240k less
2-bedrooms at Sobha Hartland One Park Avenue cost AED 2.24M and rent for AED 134k. That's a 6.0% return, against 5.8% here. Below: 3 cheaper buildings that earn more.
Not enough deals yet
Only 3 sold here in the last year, too few for a fair range. Across Al Merkadh, a 3-bedroom resells for about AED 3.3M.
AED 94k a year
That's the typical new 1-bedroom rent here. Of the 22 new leases in the last 3 months, 12 signed for AED 90k to AED 99k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
AED 94k
Renewing tenants here pay about AED 102k. New tenants pay AED 8k less for the same 1-bedroom, so ask to match them.
Hi, I'd love to renew. In the last 3 months, 22 new 1-bedroom leases in Sobha Creek Vistas Grande have been registered with the Dubai Land Department, at about AED 93,500 a year. Could we renew at that rate?
2 a week
That's how often a new 1-bedroom lease is signed here, from 22 new leases in the last 3 months.
17 years
of rent at AED 94k equals the typical 1-bedroom price, AED 1.59M, before fees and service charges.
You'd pay about AED 94k a year to rent a 1-bedroom here. Here's what owning a 1-bedroom here would cost each month, and the cash you'd need first.
AED 427kthen AED 7,090 a month
Owning would cost you AED 702 a month less than renting, before service charges, once you've put down AED 427k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
6 buildings
nearby sign new 1-bedroom leases under AED 94k. Here's the typical rent at each building over the last 3 months.
AED 145k a year
That's the typical new 2-bedroom rent here. Of the 20 new leases in the last 3 months, 10 signed for AED 129k to AED 166k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
No clear move
Only 20 new 2-bedroom leases in the last 3 months, too few to call a direction.
2 a week
That's how often a new 2-bedroom lease is signed here, from 20 new leases in the last 3 months.
17 years
of rent at AED 145k equals the typical 2-bedroom price, AED 2.48M, before fees and service charges.
You'd pay about AED 145k a year to rent a 2-bedroom here. Here's what owning a 2-bedroom here would cost each month, and the cash you'd need first.
AED 660kthen AED 11,028 a month
Owning would cost you AED 1,055 a month less than renting, before service charges, once you've put down AED 660k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
7 buildings
nearby sign new 2-bedroom leases under AED 145k. Here's the typical rent at each building over the last 3 months.
Not enough deals yet
Only 4 new leases were signed here in the last 3 months, too few for a fair range. Across Al Merkadh, a new 3-bedroom lease is about AED 175k a year.
Here are other buildings nearby and what a 3-bedroom rents for in each.
Move the slider to your size.
AED 1.59M
Apartments this size here usually sell for AED 1.56M to AED 1.66M.
AED 94k
That's the typical new 1-bedroom rent here. 6 of the 22 new leases paid over AED 99k. Ask more if yours is high up or upgraded.
Start from the typical 1-bedroom price here, AED 1.59M. Enter what's left on your mortgage to see what reaches your account.
AED 1.59M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 5 resales in the building in the last 3 months, too few to call a direction.
1 a month
1-bedrooms resell here at about this pace. The latest 3:
5.9%
That's a year's rent against today's price, before costs. 1-bedrooms across Al Merkadh earn 6.4%.
Move the slider to your size.
AED 2.48M
Apartments this size here usually sell for AED 2.24M to AED 2.58M.
AED 145k
That's the typical new 2-bedroom rent here. 5 of the 20 new leases paid over AED 166k. Ask more if yours is high up or upgraded.
Start from the typical 2-bedroom price here, AED 2.48M. Enter what's left on your mortgage to see what reaches your account.
AED 2.48M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 5 resales in the building in the last 3 months, too few to call a direction.
2 a month
2-bedrooms resell here at about this pace. The latest 3:
5.8%
That's a year's rent against today's price, before costs. 2-bedrooms across Al Merkadh earn 5.7%.
Not enough deals yet
Only 3 sold here in the last year, too few for a fair range. Across Al Merkadh, a 3-bedroom resells for about AED 3.3M.
8 of the 10 others
in Al Merkadh earn a higher return than Sobha Creek Vistas Grande. Across the building as a whole it costs AED 2,099 per sq ft and earns 5.6%. The typical building in Al Merkadh costs AED 2,022 per sq ft and earns 5.8%.
Each month's price per sq ft, from resales. Across Al Merkadh, prices are down 8% on a year ago.
Here are other buildings nearby and what a 3-bedroom costs in each.
Quick answers, from the same deals as the rest of this page.
About AED 2.48M on resale; 10 of 20 sold for AED 2.32M to AED 2.72M.
About AED 145k a year on a new lease.
About 5.8% gross on a 2-bedroom, before service charges.
About the same as the typical similar building: 33 resales in 12 months.