Myra Residences, Madinat Al Mataar

    Sold Prices · DLD Data

    Myra Residences

    Madinat Al Mataar, Dubai · Dubai South Residential District

    AED 1,342

    Avg Price / sqft

    AED 874K

    Avg Sale Price

    12

    DLD Sales Recorded

    12.6%

    Est. Gross Yield

    View listings Explore Dubai South

    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 12 sales in the building, at an average price of AED 874K — around AED 1,342 per square foot.

    Since January 2026, 12 sales completed in Myra Residences, with the average price per square foot moving from AED 1,374 to AED 1,322 (-3.8%). 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 12.6% 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 2026-3.8%

    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 26

    Unit types

    Prices by unit type

    Studio

    AED 631K

    AED 1,400/sqft

    8 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
    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

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    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 874K, around AED 1,342 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 -3.8% per square foot since January 2026, across 12 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 12.6% gross per year, before service charges and fees.

    How many properties have sold in Myra Residences?

    12 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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