Meydan Dubai: 6 New Projects Supporting Smart Property Tax Planning

REAL ESTATE2 months ago

Meydan Dubai: Meydan, a visionary urban development in Dubai, is a prime destination for real estate investors seeking tax-efficient opportunities in 2025. Strategically located in Mohammed Bin Rashid City (MBR City), Meydan combines luxury living with smart infrastructure, aligning with the Dubai 2040 Urban Master Plan’s focus on sustainability and connectivity.

The area’s proximity to Downtown Dubai, Dubai International Airport, and major highways like Al Khail Road, coupled with mega-projects like Meydan One Mall, drives its appeal. In Q1 2025, Meydan recorded AED 4.8 billion in transactions, a 15% year-on-year increase, per the Dubai Land Department.

The UAE’s tax-friendly policies no capital gains tax, no annual property taxes, and a 4% transfer fee (often split with developers) enhance post-tax returns, with rental yields of 6-9% and capital appreciation of 10-15% projected by 2026. This article highlights six new projects in Meydan, leveraging smart tax planning through freehold ownership, flexible payment plans, and alignment with 2025 tax reforms.

Why Meydan Is Ideal for Tax-Savvy Investors

Meydan’s appeal lies in its blend of luxury, strategic location, and tax advantages. The absence of capital gains and property taxes ensures investors retain full rental income (minus a 5% housing fee based on rental value) and sale profits. Freehold zones allow 100% foreign ownership, and the Golden Visa program offers 10-year residency for investments above AED 2 million.

Recent tax reforms, including a 15% Domestic Minimum Top-up Tax (DMTT) for multinationals and a 9% corporate tax for businesses with income over AED 375,000, do not impact individual investors, per Federal Decree-Law No. 47 of 2022. Meydan’s proximity to free zones like the Meydan Free Zone, offering 0% corporate tax for qualifying activities, further boosts commercial investment. Below are six new projects designed for tax-efficient investment.

1. Tonino Lamborghini Residences – Nad Al Sheba

Meydan Dubai, Launched in 2024 by G and Co, Tonino Lamborghini Residences is a luxury project offering 1 to 4-bedroom apartments and penthouses starting at AED 2 million. Located near Meydan Racecourse, it features automotive-inspired designs, concierge services, and wellness facilities like a spa and gym.

Rental yields are projected at 6-8%, with one-bedroom units fetching AED 80,000-100,000 annually. The 4% transfer fee, often reduced to 2% via developer incentives, and no capital gains tax maximize returns. Completion is set for Q4 2027, with 50/50 payment plans easing entry. Analysts forecast 10-12% capital appreciation by 2026, driven by Meydan’s 12% year-on-year price growth.

2. Woodland Residences – District 11

Woodland Residences, an off-plan project by Amwaj Development, offers eco-friendly villas and townhouses starting at AED 3 million, with completion slated for Q1 2026. Located in Nad Al Sheba, it features sustainable designs with solar panels, green roofs, and Zen gardens, aligning with Dubai’s green initiatives.

Rental yields range from 5-7%, with villas leasing for AED 120,000-180,000 annually. The 4% transfer fee, sometimes split, and no property taxes ensure tax efficiency. Its proximity to Ras Al Khor Wildlife Sanctuary and Meydan One Mall supports 10-15% capital appreciation by 2026, appealing to environmentally conscious investors.

3. Azizi Riviera 65 – MBR City

Azizi Riviera 65, part of Azizi Developments’ Riviera community, is a 2025-launched project offering studios to 2-bedroom apartments starting at AED 850,000. Located near Meydan Road, it features a crystal lagoon, retail boulevards, and a rooftop pool. Rental yields of 7-9% are driven by demand from young professionals, with studios fetching AED 50,000-70,000 annually.

The 4% transfer fee, often developer-subsidized, and VAT exemptions on residential sales enhance profitability. With a 1% monthly payment plan and completion in 2025, Riviera 65 is poised for 8-10% capital growth, fueled by Meydan’s connectivity and tourism surge.

4. Meydan Horizon – Nad Al Sheba

Meydan Horizon, a mixed-use development by Meydan Group, offers apartments and commercial spaces starting at AED 1.2 million, with completion expected in Q4 2026. Located near Ras Al Khor Highway, it features four crystalline lagoons, green landscapes, and a 4-km boardwalk. Rental yields range from 6-8%, with one-bedroom units leasing for AED 70,000-90,000 annually.

The 4% transfer fee, no capital gains tax, and proximity to the Meydan Free Zone’s 0% corporate tax zone attract investors. Its alignment with the Dubai 2040 Urban Master Plan supports 10-12% price growth by 2026.

5. Elie Saab Vie – Meydan Avenue

G and Co’s Elie Saab Vie, launched in 2024, offers luxury 1 to 3-bedroom apartments starting at AED 1.8 million, with completion in Q3 2027. Located near Meydan Racecourse, it features high-end finishes, a fitness center, and views of the Dubai skyline. Rental yields of 6-8% are projected, with two-bedroom units fetching AED 100,000-130,000 annually.

The 4% transfer fee, often split, and no property taxes ensure tax efficiency. Flexible 60/40 payment plans and Meydan’s 12% price growth in 2024 support 10-12% capital appreciation by 2026, enhanced by proximity to Meydan One Mall.

6. Starlight Park – Meydan Avenue

Starlight Park, developed by Amwaj Development, is a residential project offering 1 to 3-bedroom apartments starting at AED 1.3 million, with completion in Q2 2026. Located west of Meydan Racecourse, it blends Arabic architecture with modern amenities like a rooftop pool and gym. Rental yields of 7-9% are expected, with one-bedroom units leasing for AED 65,000-85,000 annually.

The 4% transfer fee, sometimes reduced to 2% for early buyers, and no capital gains tax maximize returns. Its strategic location and 10% price growth in 2024 project 8-10% capital appreciation by 2026.

Smart Tax Planning Strategies

Meydan’s projects align with 2025’s tax reforms, offering:

No capital gains or annual property taxes, ensuring full retention of rental income (minus a 5% housing fee).
Transfer fees of 4%, often split or reduced to 2% via developer promotions.
VAT exemptions or zero-rating on residential properties for first sales within three years.
Free zone benefits via Meydan Free Zone, with 0% corporate tax for qualifying commercial activities, per Ministerial Decision No. 301 of 2024.
Golden Visa eligibility for AED 2 million+ investments, offering residency benefits.

For U.S. investors, rental income and gains must be reported to the IRS, but deductions and double taxation agreements can reduce liability. Off-plan projects offer lower entry prices (20-30% below ready properties) and flexible payment plans (10-20% down), but buyers should verify developer reliability through the Dubai Land Department. Additional costs include AED 2,000-4,000 registration fees and 5% VAT on furnishings for rentals. Virtual tours and AI-based valuation systems introduced in 2025 enhance transparency, per industry reports.

Why Invest in Meydan in 2025

Meydan’s real estate market is thriving, with a 12% price increase in 2024 and projected 10-15% growth by 2026, driven by mega-projects like Meydan One Mall and the Dubai World Cup’s tourism appeal (4.5 million visitors in 2024). The area’s smart infrastructure, including IoT-enabled homes and metro expansions, aligns with Dubai’s Vision 2030, boosting demand. These six projects offer high yields, capital growth, and tax efficiency, making Meydan a top choice for savvy investors. Meydan