Madinat Al Riyad — property prices & transactions
Madinat Al Riyad has 242 recorded ADREC sale transactions, at a median price of AED 2,450,000 and AED 203 per built-up square foot. These are settled transactions, not asking prices.
ADREC registry · 2019-01-21 → 2026-07-06
242
Recorded sales
-46.5% vs last year
AED 203
Median AED per built-up sqft
+166.4% vs last year
AED 2m
Median sale price
AED 816m
Total recorded value
1
Projects with sales
Median price by unit size
Per-sqft price and unit size move inversely — smaller homes command more per foot, so one blended figure hides which size a buyer is actually pricing.
| Unit size | Recorded sales | Median AED/sqft | Median price |
|---|---|---|---|
| 1BR | 224 | AED 198 | AED 2,325,000 |
By property type
| Type | Recorded sales | Median AED/sqft |
|---|---|---|
| apartment | 138 | AED 170 |
| villa | 101 | AED 562 |
Off-plan vs ready
Off-plan sales register at a different price point from completed stock; splitting them keeps the median honest.
| Status | Recorded sales | Average price |
|---|---|---|
| Off-plan | 0 | AED 0 |
| Ready | 242 | AED 3m |
Recorded sales by year
| Year | Recorded sales |
|---|---|
| 2019 | 30 |
| 2020 | 30 |
| 2021 | 33 |
| 2022 | 30 |
| 2023 | 25 |
| 2024 | 28 |
| 2025 | 43 |
| 2026 | 23 |
Method
Figures are medians over recorded ADREC sale transactions — settled deals, not asking prices or portal listings. Median AED per built-up square foot is converted from the registry's square-metre basis at 10.7639 sqft per sqm. A median can move because the mix of what sold changed, not only because prices changed. Districts are published only where at least 30 sales are on record. This is market information for professional use, not investment, valuation, legal or tax advice.
Cite this page
You are welcome to quote these figures in articles, reports and client material. Please attribute them and link back so readers can check the period and method:
Knownable, "Madinat Al Riyad property prices & transactions", https://www.knownable.com/en/districts/madinat-al-riyad
Published under CC BY 4.0.
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