Myra Residences, Madinat Al Mataar

Sold Prices · DLD Data

Myra Residences

Madinat Al Mataar, Dubai · Dubai South Residential District

AED 1,334

Avg Price / sqft

AED 858K

Avg Sale Price

13

DLD Sales Recorded

5.7%

Est. Gross Yield

Market snapshot

Myra Residences — the numbers

Myra Residences is a residential building in Madinat Al Mataar, Dubai with approximately 64 units. Dubai Land Department records show 13 sales in the building, at an average price of AED 858K — around AED 1,334 per square foot.

Since January 2026, 13 sales completed in Myra Residences, with the average price per square foot moving from AED 1,374 to AED 1,235 (-10.1%). That softening can open negotiating room for buyers.

Benchmarked against average residential rents in Madinat Al Mataar, a typical unit in Myra Residences returns an estimated 5.7% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Al Mataar.

Figures are from Dubai Land Department transaction records for Myra Residences; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Al Mataar residential rents, before service charges.

Price trend

Price trend in Myra Residences

Average sale price per sqft by month since January 2026-10.1%

1,2061,2891,372Jan 26: AED 1,374/sqft · 6 salesJan 26Feb 26: AED 1,400/sqft · 1 saleFeb 26Apr 26: AED 1,317/sqft · 2 salesApr 26May 26: AED 1,178/sqft · 1 saleMay 26Jun 26: AED 1,322/sqft · 2 salesJun 26Oct 26: AED 1,235/sqft · 1 saleOct 26

Unit types

Prices by unit type

Studio

AED 636K

AED 1,382/sqft

9 sales · last 12 months

2 Bed

AED 1.4M

AED 1,226/sqft

4 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
05 Oct 2026Sales0546AED 675KAED 1,235
19 Jun 2026Sales21,150AED 1.4MAED 1,245
08 Jun 2026Sales0483AED 676KAED 1,400
15 May 2026Sales21,028AED 1.2MAED 1,178
30 Apr 2026Sales0419AED 587KAED 1,400
10 Apr 2026Sales21,101AED 1.4MAED 1,235
19 Feb 2026Sales0483AED 676KAED 1,400
21 Jan 2026Sales0419AED 587KAED 1,400
21 Jan 2026Sales0419AED 587KAED 1,400
21 Jan 2026Sales0419AED 587KAED 1,400
07 Jan 2026Sales21,150AED 1.4MAED 1,245
06 Jan 2026Sales0482AED 675KAED 1,400
03 Jan 2026Sales0482AED 675KAED 1,400

About the area

Myra Residences is in Dubai South

Dubai South is an emerging urban development that aims to create a dynamic environment for residents and businesses alike. Spanning 145 square kilometers, this master-planned community is developed by Dubai South and is ideally situated near Al Maktoum International Airport, providing seamless access to major transport routes.

Explore the Dubai South area guide

Nearby

Other buildings in Madinat Al Mataar

FAQ

Myra Residences: frequently asked questions

What is the average price in Myra Residences?

The average recorded sale price in Myra Residences, Madinat Al Mataar is AED 858K, around AED 1,334 per square foot, based on Dubai Land Department transaction data.

Are prices in Myra Residences going up or down?

Average sale prices in Myra Residences have eased -10.1% per square foot since January 2026, across 13 DLD-recorded sales.

What rental yield can I expect in Myra Residences?

Based on average Madinat Al Mataar residential rents against sale prices in the building, a typical unit in Myra Residences yields roughly 5.7% gross per year, before service charges and fees.

How many properties have sold in Myra Residences?

13 sales have been recorded in Myra Residences according to DLD data, across approximately 64 units.

Considering Myra Residences?

Get honest, DLD-backed guidance on pricing, yields and availability in Madinat Al Mataar from Binayah's advisors — no pressure, just the numbers.

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