District One Residences 12, Al Merkadh

District One Residences 12 is a mixed-use building in Al Merkadh, Dubai, developed by Meydan. It holds about 315 units: 1-bedroom apartments, 2-bedroom apartments, 5-bedroom apartments, commercial units.

The building was completed in 2023 and has been in use for about 3 years. 10 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,236 per sq ft.

District One Residences 12 is one of 155 buildings in Al Merkadh: 135 are complete and 19 are still being built.

• A mixed-use ready building
• Located in Al Merkadh, Dubai
• Developed by Meydan
• Completed in Q4 2023
• Unit types: 1 Bed, 2 Beds, 5 Beds, Commercial
• Sizes from 50 to 5,850 sq ft
• Service charge from AED 14.65 per sq ft
• Business Bay metro station 4.7 km away

الحالة

جاهز

المطور

ميدان

الموقع

Al Merkadh, Dubai

مكتمل

Q4 2023

أنواع الوحدات

1 Bed, 2 Beds, 5 Beds, Commercial

Prices from

AED 1.2M

متوسط السعر لكل sq ft

AED 2,236

Median gross yield

6.4%

رسوم الخدمات

AED 14.65 per sq ft (2026)

Nearest metro

Nad Al Sheba, 0.6 km

• 
• 
• 
• 
• 
• 
• 
• +6

Price ranges from the most recent registered sales, by unit type:

• 2-bedroom apartments: AED 2.4M to AED 3.7M (1,096 to 1,525 sq ft), across 11 sales
• 1-bedroom apartments: AED 1.4M to AED 2.0M (733 to 753 sq ft), across 9 sales

1-bedroom homes in District One Residences 12 were let for AED 75.0K to AED 100.0K a year across 5 recent contracts, with a median of AED 80.0K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 75.0K to AED 100.0K a year (749 to 752 sq ft), across 5 contracts
• 2-bedroom apartments: AED 120.0K to AED 135.0K a year (1,096 to 1,186 sq ft), across 4 contracts

Every sale in District One Residences 12Every rent contract in District One Residences 12

The 2026 service charge in District One Residences 12 is AED 14.65 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from District One Residences 12 is Business Bay (red line, 4.7 km, about 11 min drive), then Burj Khalifa/Dubai Mall (red line, 5.3 km, about 13 min drive). Stations planned on new lines nearby include Nad Al Sheba (golden line, 0.6 km, about 7 min walk) and District 1 (golden line, 1.1 km, about 13 min walk). Most residents will drive or take a taxi to the metro.

• Nad Al ShebaGolden line · 0.6 km · about 7 min walk
• District 1Golden line · 1.1 km · about 13 min walk
• District 1 near High Speed Rail lineGolden line · 2.4 km · about 7 min drive
• Burj Khalifa RoadGolden line · 4 km · about 10 min drive
• Business Bay InterchangeGolden line · 4.7 km · about 11 min drive
• الخليج التجاريRed line · 4.7 km · about 11 min drive

The closest is Spinneys / south bridge downtowne Dubai, 3.6 km from District One Residences 12 (about 9 min drive).

• Spinneys / south bridge downtowne DubaiSupermarket · 3.6 km · about 9 min drive
• Grand MallShopping Mall · 3.9 km · about 10 min drive
• Al Khail MallShopping Mall · 3.9 km · about 10 min drive
• Spinneys/ Ontario TowerSupermarket · 4 km · about 10 min drive
• Spinneys / The Executive TowersSupermarket · 4.2 km · about 10 min drive

The closest is Meydan Hotel, 1.7 km from District One Residences 12 (about 5 min drive).

• Meydan HotelHotel · 1.7 km · about 5 min drive
• Shiba RestaurantRestaurant · 1.8 km · about 6 min drive
• Maward RestaurantRestaurant · 3.1 km · about 8 min drive
• Oberoi HotelHotel · 4 km · about 10 min drive
• Vida Hotels and ResortsHotel · 4 km · about 10 min drive

The closest is Dr. Moopen'S Al Quoz Medical Centre, 4.1 km from District One Residences 12 (about 10 min drive).

• Dr. Moopen'S Al Quoz Medical CentreHospital · 4.1 km · about 10 min drive
• Medcare HospitalHospital · 5.2 km · about 12 min drive
• Al Amal HospitalHospital · 6 km · about 14 min drive
• Neuro Spinal hospitalHospital · 6.5 km · about 15 min drive
• Emirates HospitalHospital · 6.6 km · about 15 min drive

The closest is Falcon Heritage and Sports Centre, 0.7 km from District One Residences 12 (about 8 min walk).

• Falcon Heritage and Sports CentreSports Academy · 0.7 km · about 8 min walk
• Falcon Centre and Cultural SportsSports Academy · 0.8 km · about 10 min walk
• Meydan Tennis AcademySports Academy · 1.7 km · about 5 min drive
• Meydan TheatreTheatre House · 1.7 km · about 5 min drive
• Meydan Grandstand and RacecourseStadium · 1.8 km · about 6 min drive

The nearest is Bilingual French International School L.L.C-FZ, 1.5 km away. Ratings are the KHDA's latest inspection grades.

• Bilingual French International School L.L.C-FZFrench · KHDA: Not inspected due to COVID 19 · 1.5 km
• Dubai International Private School - BrAmerican · KHDA: Good · 2.7 km
• Clarion School L.L.CAmerican · KHDA: Good · 2.9 km
• GEMS Our Own Indian SchoolIndian · KHDA: Very good · 3 km
• Springdales School L.L.CUK - Indian · KHDA: Good · 3.1 km
• Rashid and Latifa SchoolUK · KHDA: Not inspected yet · 3.1 km

Al Merkadh has 155 buildings. A few others to compare District One Residences 12 with:

• جاهز

  Azizi Riviera 1

  Al Merkadh · Azizi

  Completed 2024

• جاهز

  Azizi Riviera 10

  Al Merkadh · Azizi

  Completed 2022

• جاهز

  Azizi Riviera 11

  Al Merkadh · Azizi

  Completed 2022

• جاهز

  Azizi Riviera 12

  Al Merkadh · Azizi

  Completed 2022

• جاهز

  Azizi Riviera 13

  Al Merkadh · Azizi

  Completed 2022

• جاهز

  Azizi Riviera 14

  Al Merkadh · Azizi

  Completed 2023