Dubai Media City property investment guide
Media free-zone by the Palm
Dubai Media City is a luxury mixed community in Dubai where recorded residential sales have a median price of AED 2,941 per sqft. Ownership is mixed. The nearest metro station is Dubai Internet City, 320 m away.
The city’s media free-zone hub near the metro and Palm — offices and hotels with a small waterfront residential edge.
Key numbers
- Median price
- AED 2,941/sqft
- Price tier
- Luxury
- Ownership
- Mixed
- Maturity
- Planned
- Handover
- Ready
- Metro served
- No
- Commute to downtown
- 18 min
- Projects tracked
- 2
Market data: recorded sales
Over the 12 months to Sep 2026, Dubai Media City recorded 73 property sales with a residential median of AED 2,945 per sqft — +12.1% on the previous 12 months.
See how Dubai Media City ranks city-wide: price per sqft, sales momentum, price growth.
- Median sale price
- AED 2,941/sqft
- 73 residential sales, last 4 quarters
- Sales, last 12 months
- 73
- +17.7% vs the 12 months before
- Price change, year on year
- +12.1%
- residential median AED/sqft
Monthly figures, last 12 months
| Month | Median AED/sqft | Sales |
|---|---|---|
| Sep 2026 | 2,553 | 4 |
| Aug 2026 | 2,890 | 2 |
| Jul 2026 | 3,235 | 3 |
| Jun 2026 | 2,773 | 5 |
| May 2026 | 2,896 | 1 |
| Apr 2026 | 2,701 | 5 |
| Mar 2026 | 2,945 | 7 |
| Feb 2026 | 3,005 | 5 |
| Jan 2026 | 3,100 | 6 |
| Dec 2025 | 2,921 | 4 |
| Nov 2025 | 2,807 | 13 |
| Oct 2025 | 3,146 | 18 |
Price by bedroom count
| Type | Median price | Median AED/sqft | Sales |
|---|---|---|---|
| 2 BR · Apartment | AED 4,376,640 | 2,580 | 5 |
Latest quarter with recorded residential sales; thin sample sizes are excluded. Apartments and villas are priced separately. Villa AED/sqft is left out because the registry often records the plot rather than the built area.
Top-selling projects in Dubai Media City
Ranked by registered sales, Oct 2025 – Sep 2026. "Prior year" is the 12 months before that window.
| Project | Sales | Prior year | Median AED/sqft |
|---|---|---|---|
| Damac Casa | 46 | 22 | 3,044 |
| Cavalli Casa Tower | 27 | 40 | 2,701 |
Projects
Build status and unit counts from the Dubai Land Department project register; rows we could not match to a register entry are marked unverified.
| Project | Developer | Units | Status | From |
|---|---|---|---|---|
| Damac Casa | DAMAC | 405 | Under construction · 34% | AED 2,650,000 |
| Cavalli Casa Tower | DAMAC | 441 | Under construction · 85% | AED 1,947,000 |
Amenities & access
- Beach
- 10 min drive
- Metro
- Nakheel 8 min
- Schools
- Nearby
- Also nearby
- Media offices, Palm views
Getting around & daily life
Nearest of each, measured to the edge of Dubai Media City — not driving distance.
- Metro station
- Dubai Internet City · 320 m away
- Tram stop
- Dubai Media City · within the area
- School
- Choueifat School · 490 m away
- Hospital
- Al Zahra Hospital · 1.0 km away
- Mall
- Dubai Marina Mall · 1.8 km away
- Supermarket
- Carrefour Express · 190 m away
- Park
- Emaar Business Park · 450 m away
- Beach
- 370 m away
- Golf course
- Majlis Course · 1.2 km away
- University
- American University in Dubai · 170 m away
- Airport
- Al Maktoum International Airport · 20 km away
Locations © OpenStreetMap contributors.
Infrastructure that moves values
- Dubai Media City Amphitheatreoperational · 2002
Open-air waterfront amphitheatre at the heart of Media City hosting concerts and festivals such as RedFest DXB and Taste of Dubai.
- Dubai Knowledge Park & university campusesoperational · 2003
Adjacent education free-zone (Knowledge Park / Village) hosting international university branch campuses and training institutes serving Media City residents and workers.
- Souk Madinat Jumeirahoperational · 2004
Arabian-style retail, dining and entertainment souk with waterways and the Madinat Theatre, the closest major leisure/retail destination to Media City.
- Media City hotel cluster (Media One, Radisson Blu, Movenpick, Grand Plaza)operational · 2008
Cluster of business hotels and hotel-apartment residences (Media One, Radisson Blu, Movenpick Grand Plaza) with extensive F&B and event venues within the district.
- Dubai Internet City Metro Station (Red Line)operational · 2010
Red Line metro station on Sheikh Zayed Road serving Dubai Media City, Internet City, Knowledge Village and Barsha Heights; the area's primary metro access point.
- Media City Tram Stationoperational · 2014
Ground-level Dubai Tram station serving the core of Dubai Media City, connecting to Dubai Marina, JBR and (via interchange) the Metro Red Line and Palm Monorail.
- American Hospital Dubai - Media City Clinicoperational · 2019
Multi-specialty outpatient clinic of American Hospital Dubai (Business Central Towers), offering cardiology, dermatology, endocrinology and physiotherapy with shared records to the main hospital.
- Al Sufouh Beach (Black Palace Beach)operational
Quiet beach between Burj Al Arab and Palm Jumeirah, the nearest coastline to Media City (public access currently restricted).
- Sheikh Zayed Road (E11)operational
Dubai's main arterial highway bordering Media City, providing direct road access to Downtown, Dubai Marina, Palm Jumeirah and beyond.
- The S Tower by Sobhaunder construction · 2026
58-storey (~229m) signature residential tower by Sobha in Al Sufouh 2 / Dubai Media City offering 4 & 5-bed full-floor apartments and penthouses. Completion targeted Q4 2026.
- Innovation Hub (TECOM) expansion buildingsunder construction · 2026
Additional Innovation Hub commercial/office buildings (Phase 5 & 6) by TECOM Group adjacent to Media City, expanding the free-zone's tech and media office stock.
- Air taxi vertiport – American University in Dubai (Joby)under construction · 2026
One of Dubai's four launch vertiports (with DXB, Atlantis The Royal and Dubai Mall), on the AUD campus; commercial service targeted by end-2026.
- ICONIC Residences by MEREDunder construction · 2027
68-storey, 286m luxury residential tower (~311 units) designed by Pininfarina. Main construction began Sept 2024; handover targeted Q3 2027.
- Cavalli Tower by DAMACunder construction · 2027
69-storey Roberto Cavalli-branded ultra-luxury tower on the Al Sufouh / Dubai Media City edge by Dubai Marina. DAMAC topped out the structure in Dec 2025; fit-out and handover ongoing.
- DAMAC Casa Tower (Cavalli-branded)under construction · 2028
60-storey ultra-luxury Cavalli-branded residential tower by DAMAC in Dubai Media City / Al Sufouh, with sea views and resort-style amenities. Handover targeted for May 2028.
Frequently asked questions
- How much does property cost in Dubai Media City?
- Recorded residential sales in Dubai Media City over the last four quarters have a median price of AED 2,941 per sqft, across 73 transactions. Prices are up +12.1% year on year. Buying costs add roughly 7–10% on top, and net rental yield after service charges typically lands 2–3 percentage points below the gross figure.
- What is the nearest metro station to Dubai Media City?
- Dubai Internet City is the nearest metro station — 320 m away, measured to the edge of Dubai Media City.
- Can foreigners buy property in Dubai Media City?
- Dubai Media City is mixed, so check the specific project's ownership terms before committing; many nearby Dubai communities offer full freehold ownership to foreigners.
- How far is Dubai Media City from downtown Dubai?
- Dubai Media City is roughly 18 minutes from downtown by car. Upcoming infrastructure: The S Tower by Sobha, Innovation Hub (TECOM) expansion buildings, Air taxi vertiport – American University in Dubai (Joby), ICONIC Residences by MERED, Cavalli Tower by DAMAC, DAMAC Casa Tower (Cavalli-branded).
- What new projects are selling in Dubai Media City?
- 2 projects are still under construction in Dubai Media City, including Damac Casa by DAMAC (from AED 2,650,000), Cavalli Casa Tower by DAMAC (from AED 1,947,000).
Compare with nearby areas
Source: Dubai Land Department open data, sales data through Sep 2026. Medians are computed from registered residential sales and can lag or diverge from asking prices. Not investment advice. Project starting prices and area details come from Esto’s area dataset, updated 2026-07-15. Net yield after service charges and buying costs is what decides a deal —here’s how to run that math.
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