GENESIS

FINISHED

By Meraki Real Estate Development L.L.C · Al Barshaa South Third

Median price/sqft
AED 939
3-yr CAGR
+11.7%
Transactions
325
Gross yield
6.8%
Launch → now (est.)
+40%

est. — modelled from compounded CAGR, pending launch-price data.

FINISHED
Project imagery — coming soon

PROJECT CONSISTS OF B+G+10+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL BARSHA SOUTH THIRD. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR
-0.4%
3-yr CAGR
+11.7%
5-yr CAGR
+6.9%
Median price
AED 686,637
Price/sqft (last 12 months)
AED 1,126
Secondary-market share
68%
Resale-only (est.)
+14.7%

est.

Like-for-like 1BR (est.)
+12.7%

est.

Current gross yield by bedroom

Studio
7.4%
1BR
7.1%
2BR
7.4%
3BR
6.6%
4BR+
n/a

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit
Studio · 480 sqft
Price
AED 432,480
AED per sqft
AED 901

28 May 2026

Unit
1BR · 760 sqft
Price
AED 713,640
AED per sqft
AED 939

17 Apr 2026

Unit
1BR · 820 sqft
Price
AED 801,140
AED per sqft
AED 977

05 Mar 2026

Unit
2BR · 1,180 sqft
Price
AED 1,085,600
AED per sqft
AED 920

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Status
FINISHED
Units
200
Buildings
1
Completion date
25 Feb 2020
Completed
100%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

  • 1BR · 745 sqft

    AED 713,710

    Verified 02 Aug 2026

  • 2BR · 1,145 sqft

    AED 1,064,850

    Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

We source off-market opportunities in this project.

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated