New homes in Tonino Lamborghini Residences start at AED 1,500,000; keys are due Jan 2027; you pay 20% to book, 50% while it is built and 30% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 232 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Al Merkadh. Their median price is AED 2,079 per sq ft (about AED 1,642,000 at 790 sq ft). This project's from price is AED 1,899 per sq ft (AED 1,500,000 for its smallest home, 790 sq ft), 9% less.
Keys
Jan 2027
The developer's handover date
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
1 to 4 beds
Sizes
790 to 4,708 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,899 per sq ft
Similar off-plan homes: AED 2,079 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.
Paying for it
You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 300,000+ AED 60,000 DLD fee
AED 360,000
Dec 2026While it is built · 50%
While it is built
50%
AED 750,000
AED 1,110,000
Jan 2027Keys · 30%
Keys
30%
AED 450,000
AED 1,560,000
Booking payment, 20%
AED 300,000
Dubai Land Department fee (Oqood), 4%
AED 60,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 360,000
Total costPrice plus the DLD fee
AED 1,560,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 232 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Al Merkadh, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Al Merkadh, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 232 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Al Merkadh, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,079 per sq ft
AED 1,294 to AED 1,540 per sq ft
11 sales
AED 1,540 to AED 1,786 per sq ft
14 sales
AED 1,786 to AED 2,033 per sq ft
76 sales
This project's from price is in this band.
AED 2,033 to AED 2,279 per sq ft
63 sales
AED 2,279 to AED 2,526 per sq ft
28 sales
AED 2,526 to AED 2,772 per sq ft
18 sales
AED 2,772 to AED 3,018 per sq ft
13 sales
AED 3,018 to AED 3,265 per sq ft
9 sales
AED 1,294 per sq ftAED 3,265 per sq ft
This project AED 1,899 per sq ft
Half of the sales sold for AED 1,945 to AED 2,311 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 1,294 to AED 1,540 per sq ft
11
AED 1,540 to AED 1,786 per sq ft
14
AED 1,786 to AED 2,033 per sq ft
76
AED 2,033 to AED 2,279 per sq ft
63
AED 2,279 to AED 2,526 per sq ft
28
AED 2,526 to AED 2,772 per sq ft
18
AED 2,772 to AED 3,018 per sq ft
13
AED 3,018 to AED 3,265 per sq ft
9
The 3 closest sales
Picked from the 232 similar sales above, closest in size to this project's smallest home.
Apr 2026AED 1,567,800AED 1,987 per sq ftNaya 2, 789 sq ft
Jul 2026AED 1,578,880AED 1,996 per sq ftNaya 2, 791 sq ft
Jul 2026AED 1,563,800AED 1,977 per sq ftNaya 2, 791 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Meydan City in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,500,000 here
Off-plan medianAED 1,624,000AED 2,076 per sq ft
Sales262
9% below 232 similar sales
2-bed apartment
Off-plan medianAED 2,697,000AED 2,100 per sq ft
Sales145
3-bed apartment
Off-plan medianAED 3,950,000AED 2,051 per sq ft
Sales51
4-bed apartment
Off-plan medianToo few sales for a median
Sales11
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
5.7%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
4.6%
Typical gross yield of similar ready homes
6.3%
Median rent of 1-bed apartments in Meydan City
AED 85,000 a year
Service charge a year, from the keysThe area median, AED 17 per sq ft from 16 buildings, as of 2023, for the smallest home (790 sq ft)
AED 13,430
Rent contracts counted
3,380
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 85,000 a year
2-bed apartment
AED 140,000 a year
3-bed apartment
AED 190,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 85,000 ÷ AED 1,500,000 = 5.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Business Bay Metro Station6 km, 17 min driveMetro station
Business Bay creek front4.6 km, 19 min driveWaterfront
North London Collegiate School2.2 km, 4 min driveSchool
Hartland International School2.2 km, 4 min driveBritish school
Dubai International School4.6 km, 19 min driveAmerican school
GEMS New Millenium School6.5 km, 24 min driveIndian school
Sobha Mall (Under Construction)2.4 km, 5 min driveMall
Tonino Lamborghini Residences is a Gulf Land Property Developers building in Meydan City with one- to four-bedroom apartments from AED 1,500,000 and a listed handover of January 2027, two months away. Its from price per square foot is 8.7% below 232 one-bedroom off-plan sales across Al Merkadh over the 12 months to November 2026.
The listed handover is January 2027, about two months from now. Ask the developer whether the building is close to its completion certificate and whether that date still holds. The listing has no floor plans, so ask for the plan of your unit before you book.
The Dubai Land Department lists 232 one-bedroom off-plan sales across Al Merkadh, not only in this building, in the 12 months to November 2026. The from price per square foot is 8.7% below their median. You pay 20% on booking, 50% during construction and 30% at handover: AED 300,000, AED 750,000 and AED 450,000 at the from price. Separately, the 4% DLD fee comes to AED 60,000; ask when it is due.
The listing gives sizes of 790 to 4,708 sq ft. By the developer's figures, one-bedroom homes are about 790 sq ft, two-bedroom 1,202, three-bedroom 1,509 and four-bedroom 2,454. Facilities listed include spa facilities with steam and sauna rooms, a branded fitness centre, swimming pools, a children's pool and landscaped gardens.
Nadd Al Sheba Medical Center is about 1.5 km away. North London Collegiate School is about 2.2 km away, around 4 minutes by car, and Hartland International School is about the same distance. Business Bay Metro Station is about 6.0 km away, around 17 minutes by car, and Dubai Hills Golf Club about 23 minutes.
Median price of 1-bed apartments in Meydan City, over the 12 months to each dateUp 4% from Dec 2024 to Sep 2026.
Dec 2024AED 2,001 per sq ft
Sep 2026AED 2,076 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 2,076 per sq ft
262 sales
Jun 2026
AED 2,065 per sq ft
221 sales
Mar 2026
AED 2,050 per sq ft
222 sales
Dec 2025
AED 2,042 per sq ft
269 sales
Sep 2025
AED 2,126 per sq ft
471 sales
Jun 2025
AED 2,184 per sq ft
753 sales
Mar 2025
AED 2,075 per sq ft
1,084 sales
Dec 2024
AED 2,001 per sq ft
1,366 sales
Off-plan sales only.
Questions about this project
Which company is behind Tonino Lamborghini Residences?
Gulf Land Property Developers. The building carries the Tonino Lamborghini name and is in Meydan City.
When is handover?
The listed handover is January 2027. Ask about the completion certificate and whether that date still holds before you pay.
How does the from price compare with recent sales?
It is 8.7% below the median price per square foot of 232 one-bedroom off-plan sales across Al Merkadh over the 12 months to November 2026. Those sales are in the area, not only this building.
What would I pay at each step?
At the from price: AED 300,000 on booking, AED 750,000 during construction and AED 450,000 at handover. Separately, the 4% DLD fee comes to AED 60,000; ask when it is due.
What sizes are on offer?
The listing gives 790 to 4,708 sq ft, and the developer's four-bedroom figure is about 2,454 sq ft. Ask for floor plans, as the listing has none.
