
Sold Prices · DLD Data
Al Merkadh, Dubai · Mohammed Bin Rashid Al Maktoum City -district -1 Community
AED 2,660
Avg Price / sqft
AED 5.6M
Avg Sale Price
4
DLD Sales Recorded
4.8%
Est. Gross Yield
Market snapshot
Lagoon Views At District One is a residential building in Al Merkadh, Dubai with approximately 104 units. Dubai Land Department records show 4 sales in the building, at an average price of AED 5.6M — around AED 2,660 per square foot.
Since January 2026, 4 sales completed in Lagoon Views At District One, with the average price per square foot moving from AED 2,901 to AED 2,601 (-10.3%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Al Merkadh, a typical unit in Lagoon Views At District One returns an estimated 4.8% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Merkadh.
Figures are from Dubai Land Department transaction records for Lagoon Views At District One; individual units vary by floor, view and finish. Gross yield is estimated against average Al Merkadh residential rents, before service charges.
Price trend
Average sale price per sqft by month since January 2026-10.3%
Unit types
1 Bed
AED 2.2M
AED 2,601/sqft
2 sales · last 12 months
4 Bed
AED 9.0M
AED 2,720/sqft
2 sales · last 12 months
Transactions
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 30 Sept 2026 | Sales | 1 | 855 | AED 1.9M | AED 2,163 |
| 15 Sept 2026 | Sales | 1 | 855 | AED 2.6M | AED 3,039 |
| 07 Aug 2026 | Sales | 4 | 3,309 | AED 8.4M | AED 2,538 |
| 14 Jan 2026 | Sales | 4 | 3,309 | AED 9.6M | AED 2,901 |
About the area
Mohammed Bin Rashid City sits between Downtown Dubai and Meydan, and it carries the highest rate in this group: AED 2,450 per square foot across 1,003 sales in the last twelve months, averaging AED 3.61M.
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FAQ
The average recorded sale price in Lagoon Views At District One, Al Merkadh is AED 5.6M, around AED 2,660 per square foot, based on Dubai Land Department transaction data.
Average sale prices in Lagoon Views At District One have eased -10.3% per square foot since January 2026, across 4 DLD-recorded sales.
Based on average Al Merkadh residential rents against sale prices in the building, a typical unit in Lagoon Views At District One yields roughly 4.8% gross per year, before service charges and fees.
4 sales have been recorded in Lagoon Views At District One according to DLD data, across approximately 104 units.
Get honest, DLD-backed guidance on pricing, yields and availability in Al Merkadh from Binayah's advisors — no pressure, just the numbers.