Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
Off-planSanctuary by Prestige One — commercial building in Meydan Horizon from Mitchell's Commercial Real Estate

Meydan Horizon · Office

Sanctuary by Prestige One

Freehold off-plan offices with wildlife sanctuary views and a 70/30 plan.

Developer
Prestige One Developments
Ownership
Freehold

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Commercial Building

Overview

Sanctuary by Prestige One is an off-plan commercial office development by Prestige One Developments within the Meydan Horizon master plan in Mohammed Bin Rashid City (MBR City), Dubai. The development provides office units with a four-kilometre boardwalk and views of the Ras Al Khor Wildlife Sanctuary. On a 70/30 payment plan, the project is freehold.

See the full project brief: Sanctuary by Prestige One.

Office stock

As an off-plan development under construction, Sanctuary does not have an established tenant profile. The building forms part of the Meydan Horizon master development — a 39-million-square-foot planned community with a four-kilometre boardwalk and significant residential, retail, and amenity provision. The waterside setting and natural views of the Ras Al Khor Wildlife Sanctuary distinguish the project from the typical urban commercial office environment.

Rental rates

As an off-plan development, Sanctuary by Prestige One has no established rental market. Indicative projections based on a gross yield approach suggest a conservative gross return of approximately 8 percent on acquisition price — approximately AED 300 per square foot per annum — a practical scenario of 10 percent (approximately AED 375 per square foot per annum) and an optimistic scenario of 12 percent (approximately AED 450 per square foot per annum). Commercial yields in Dubai are structurally higher than residential, supported by shorter lease cycles and strong occupier demand in a supply-constrained market. Actual returns will depend on market conditions at handover and quality of occupier secured. Independent rental appraisal is strongly recommended prior to any acquisition commitment.

Sales prices

Sanctuary is offered off plan on a 70/30 payment plan, with units individually titled on completion, providing freehold ownership. The 70/30 structure front-loads the majority of the purchase price before completion, which should be factored into cash flow planning. Prospective purchasers should conduct due diligence on Prestige One's track record, DLD registration, and escrow arrangements. The completion and the emerging status of the Meydan Horizon commercial submarket increase the forward-looking uncertainty of the investment case. Independent legal review and specialist commercial property advice are recommended before proceeding.

Location and access

Sanctuary is situated within the Meydan Horizon master development in MBR City, with road access via Al Khail Road providing connectivity to central Dubai and the wider emirate. The position within the master plan provides views of the Ras Al Khor Wildlife Sanctuary and access to the four-kilometre boardwalk. The Meydan Racecourse and Dubai Creek Harbour are in the broader vicinity. Dubai International Airport is accessible within approximately fifteen minutes by road.

Risks

Sanctuary carries significant forward-looking risk: Meydan Horizon is in an early stage of commercial activation, and the pace and extent of commercial occupier demand within the community are difficult to forecast. The pricing is a material premium for an unproven commercial submarket, and purchasers should model conservative handover scenarios carefully. The 70/30 payment structure means the majority of purchase consideration is paid before delivery. Community activation pace and the overall development trajectory of Meydan Horizon are material risk variables that should be monitored throughout the development period.

Perspective

Sanctuary targets investors and owner-occupiers seeking a premium waterside commercial freehold within one of Dubai's largest master-planned communities, as an alternative to established Grade A clusters at a point when Meydan Horizon's commercial district is in formation. The 39-million-square-foot community's residential and amenity programme provides a potential demand base over the medium term, and the wildlife sanctuary views offer a distinctive environmental proposition. The investment case is predicated on Meydan Horizon's successful commercial activation by handover; patient capital and a high tolerance for location risk are prerequisites for investment in this emerging submarket.

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Location

Sanctuary by Prestige One — Meydan Horizon, Dubai

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