The Meydan development as a status brand in Dubai

The Meydan development as a status brand in DubaiImage Credit: Supplied

The Arabic word ''meydan'' means a place where people congregate and compete. The Meydan community embodies a life full of opulence, prestige and sports, sending a strong message to address Dubai's requirements and gaps in the property market. It is located in the Ras Al Khor area, which is just 20 minutes from the Dubai International Airport and the city's central business district.

Several investors buy properties in Meydan either to own a prestigious address or to earn a regular income. The projects within the community reflect luxurious neighborhoods that add tremendous value to Dubai's living communities. With attractive, family-oriented residential and lifestyle developments, Meydan has become synonymous with luxury, prestige and quality. It is poised to become a true mark of excellence in commercial, residential and mixed-use real estate.

The integrated city, with sustainability and environmental responsibility credentials, positions Dubai at the center of the competitive global business stage. It shapes the heart of new Dubai and redefines the city's opulent lifestyle as the prestigious hub for business and sports, too. Launched on the eve of the Dubai World Cup 2007, the development is known as the ultimate global venue for horseracing.

Major developments of premium and bespoke residential communities, schools, hospitals and business towers are already breaking ground in the area. The state of-the-art business parks attract international commerce and new businesses. The place also offers international free zone trading status with competitive startup costs for businesses.

Meydan's premium leisure and hospitality experiences include the Meydan Hotel, Bab Al Shams Desert Resort & Spa, Meydan Golf, Meydan Tennis Academy and the Meydan Theatre. The iconic Meydan Grandstand hosts regular live concerts, attracting the biggest names from around the world, as well as a busy calendar of events and exhibitions. The Meydan Beach is the only standalone beach facility of its kind in the emirate. It has been carefully designed to complement Meydan's existing leisure offerings.

Handy Hints:

• The Meydan development is a residential, business, sports and leisure hub

• It aims to address Dubai's requirements and gaps in the real estate market

• Aside from other activities, it is known as the venue for the richest horse race

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Source: Yash Shah, Special to Properties

The writer is Property Sales & Leasing Manager, SPF Realty

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