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 Oct 19, 2026, Dubai Land Department recorded 226 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Al Merkadh. Their median price is AED 2,092 per sq ft (about AED 1,652,000 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
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,899 per sq ft
Similar off-plan homes: AED 2,092 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for 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
Now
Booking
20%
AED 300,000
Dec 2026
While it is built
50%
AED 750,000
Jan 2027
Keys
30%
AED 450,000
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
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.
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.
Buildings in this area paid a median of AED 17 per sq ft a year in 2023, from 16 buildings on the Dubai Land Department register. For the smallest home (790 sq ft) that is about AED 13,000 a year.
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 226 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Al Merkadh, from Oct 20, 2025 to Oct 19, 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 226 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Al Merkadh, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,092 per sq ft
AED 1,425 to AED 1,655 per sq ft
4 sales
AED 1,655 to AED 1,885 per sq ft
27 sales
AED 1,885 to AED 2,115 per sq ft
87 sales
This project's from price is in this band.
AED 2,115 to AED 2,345 per sq ft
53 sales
AED 2,345 to AED 2,575 per sq ft
19 sales
AED 2,575 to AED 2,805 per sq ft
12 sales
AED 2,805 to AED 3,035 per sq ft
14 sales
AED 3,035 to AED 3,265 per sq ft
10 sales
AED 1,425 per sq ftAED 3,265 per sq ft
This project AED 1,899 per sq ft
Half of the sales sold for AED 1,966 to AED 2,337 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 1,425 to AED 1,655 per sq ft
4
AED 1,655 to AED 1,885 per sq ft
27
AED 1,885 to AED 2,115 per sq ft
87
AED 2,115 to AED 2,345 per sq ft
53
AED 2,345 to AED 2,575 per sq ft
19
AED 2,575 to AED 2,805 per sq ft
12
AED 2,805 to AED 3,035 per sq ft
14
AED 3,035 to AED 3,265 per sq ft
10
The 3 closest sales
Picked from the 226 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
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. 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 226 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
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
5.7%
Typical for similar ready homes
6.3%
Median rent of 1-bed apartments in Meydan City
AED 85,000 a year
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 9.2% below 226 one-bedroom off-plan sales across Al Merkadh over the 12 months to October 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 226 one-bedroom off-plan sales across Al Merkadh, not only in this building, in the 12 months to October 2026. The from price per square foot is 9.2% 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 registered with the Dubai Land Department.
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 9.2% below the median price per square foot of 226 one-bedroom off-plan sales across Al Merkadh over the 12 months to October 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.
