Meydan Group (LLC)'s Nad Al Shiba First project — here's what the Dubai Land Department numbers say.
Meydan Group (LLC) is the developer of record for Bhawan Residence
Pricing benchmark: AED 1,200 per sq ft in Nad Al Shiba First
Completed stock — immediately mortgageable and rentable
Typical ticket size clears the AED 2M Golden Visa threshold
Sikandar assessment — not financial advice. Derived from DLD registry data and comparable area analysis.
Units
—
Completion
100%
Area avg / sq ft
AED 1,200
Gross yield
—
Area
Nad Al Shiba First
Developer
Meydan Group (LLC)
Completion date
16-09-2019
Master development
—
Sourced from the Dubai Land Department transaction registry. The DLD does not publish unit-level transactions against individual project IDs, so these are area comparables for Nad Al Shiba First — the pricing pool Bhawan Residence trades within.
DLD comparables for Nad Al Shiba First are being refreshed. Request the investor brief below for the current transaction pack.
Source: Dubai Land Department transaction registry, synced 2026-08-09. Averages cover all registered sale procedures in the area and are not adjusted for unit quality, floor or view.
Benchmark entry
AED 7,348,217
Gross rental / yr
—
Net rental / yr
—
Villa benchmark
—
Provisional — indicative only. Gross and net yields are area-level figures from Sikandar's pricing model; net deducts service charges, a vacancy allowance and management overhead. Actual returns vary by unit.
Explore Nad Al Shiba First area intelligence →| Scenario | Down payment | Loan | Monthly EMI |
|---|---|---|---|
| NRI (25% down) | AED 1,837,054 | AED 5,511,162 | AED 30,633 |
| UAE Resident (20% down) | AED 1,469,643 | AED 5,878,573 | AED 32,675 |
| Cash Buyer | AED 7,348,217 | — | — |
Registered with the Dubai Land Department since 16-0. Other projects from this developer:
Meydan Group (LLC) profile →3,291 registered buildings and 7,005 registered transactions in the DLD registry for this area.
Nad Al Shiba First area guide →Includes payment plan, available inventory, comparable transaction data and Sikandar's risk assessment.
Bhawan Residence is a Meydan Group (LLC) development in Nad Al Shiba First, currently recorded at 100% construction completion. Registered sales in Nad Al Shiba First average AED 1,200 per square foot, which is the pricing pool any unit here trades within — a more reliable anchor than launch brochures.
From a returns perspective, Nad Al Shiba First yield depends heavily on unit type and handover timing. Investors comparing this against alternatives should review our 2026 ROI rankings and model their own scenario in the Investment Simulator.
As completed stock, Bhawan Residence suits income-focused buyers who want immediate rental cash flow and mortgage access rather than construction exposure. Typical ticket sizes here clear the AED 2M Golden Visa threshold, which matters for non-resident buyers structuring residency. See the Golden Visa property guide for the residency pathway.
Bhawan Residence sits in Nad Al Shiba First, where the Dubai Land Department has registered 7,005 transactions at an average of AED 1,200 per sq ft. Meydan Group (LLC) is the developer of record, and the project is currently completed. Suitability depends on whether you are buying for yield or capital growth — use the figures below rather than launch marketing.
Unit-level rental data for Bhawan Residence is not yet published. Yields in Nad Al Shiba First should be modelled from comparable registered sales and rental contracts — request the investor brief for the current working numbers.
Yes. Benchmark prices here sit above the AED 2M property threshold, so a qualifying unit at Bhawan Residence would support a 10-year renewable Golden Visa for the buyer and immediate family. Eligibility is assessed on the individual title deed value, not the project average.
Bhawan Residence is developed by Meydan Group (LLC). Construction is recorded at 100% complete.
This is a completed project, so the main risks are service-charge inflation and secondary-market supply. Area-level supply in Nad Al Shiba First and the developer's delivery record should both be checked before committing. All figures on this page are indicative and not financial advice.
Send me your budget and timeline and I will come back with the current payment plan, the realistic net yield after DLD fees and service charges, and whether Bhawan Residence beats the alternatives in Nad Al Shiba First.
Syed Sikandar · RERA Broker Card #75044 · No spam, no listing blast — one considered reply.
Data on this page is compiled by Syed Sikandar (RERA #75044), a Dubai-licensed real estate broker with 5 years of market experience. Bhawan Residence figures are compiled from the Dubai Land Department project and transaction registries for Nad Al Shiba First. Scores are provisional pending DLD API integration. Last updated: 9 August 2026.
Disclaimer: All financial figures, yields and appreciation estimates on this page are provisional and indicative only. They are based on Dubai Land Department public records, comparable area analysis and Sikandar's methodology. Actual returns may vary. This is not financial advice. Always conduct independent due diligence before making investment decisions.
RERA #75044 · Source: Dubai Land Department registry · © Sikandar.ae 2026