ReadyReady building · Meydan
District One Residences 1, Al Merkadh
Highlights
District One Residences 1 at a glance
About District One Residences 1
District One Residences 1 is a mixed-use building in Al Merkadh, Dubai, developed by Meydan. It holds about 55 units: 1-bedroom apartments, 2-bedroom apartments, commercial units. Depending on the unit, windows look out over Burj Khalifa and Community and Lagoon.
The building was completed in 2022 and has been in use for about 4 years. 2 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,201 per sq ft.
District One Residences 1 is one of 155 buildings in Al Merkadh: 135 are complete and 19 are still being built.
In a nutshell
- A mixed-use ready building
- Located in Al Merkadh, Dubai
- Developed by Meydan
- Completed in Q1 2022
- Unit types: 1 Bed, 2 Beds, Commercial
- Sizes from 50 to 1,530 sq ft
- Views: Burj Khalifa, Community, Lagoon
- Features: Balcony, Barbeque Area, Built In Wardrobes, Children's Play Area, Children's Pool, Covered Parking, Gated Community, Kitchen Appliances, Landmark view, Pets Allowed, Private Jacuzzi, Seafront, Security, Shared Gym, Shared Pool, Waterfront View
- Service charge from AED 14.65 per sq ft
- Business Bay metro station 3.6 km away
- Status
- Ready
- Developer
- Meydan
- Location
- Al Merkadh, Dubai
- Completed
- Q1 2022
- Unit types
- 1 Bed, 2 Beds, Commercial
- Prices from
- AED 1.1M
- Median price per sq ft
- AED 2,201
- Median gross yield
- 6.0%
- Service charge
- AED 14.65 per sq ft (2026)
- Nearest metro
- District 1, 1.7 km
Photos of District One Residences 1
Building details
Inside District One Residences 1
Facilities in District One Residences 1
District One Residences 1 lists 16 features and facilities for its residents.
- Balcony
- Barbeque Area
- Built In Wardrobes
- Children's Play Area
- Children's Pool
- Covered Parking
- Gated Community
- Kitchen Appliances
- Landmark view
- Pets Allowed
- Private Jacuzzi
- Seafront
- Security
- Shared Gym
- Shared Pool
- Waterfront View
Properties in District One Residences 1
1-bedroom apartments in District One Residences 1
There are about 26 of these in District One Residences 1, from 770 to 920 sq ft. They have recently sold for a median of AED 1.5M, or AED 1,830 per sq ft.
2-bedroom apartments in District One Residences 1
There are about 5 of these in District One Residences 1, from 1,370 to 1,530 sq ft. They have recently sold for a median of AED 3.0M, or AED 2,150 per sq ft.
Commercial units in District One Residences 1
There are about 24 of these in District One Residences 1, from 50 to 130 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 26 | 770 sqft71.5 sqmt – 920 sqft85.5 sqmt | AED 1.5M | – |
| 2 Beds | 5 | 1,370 sqft127.3 sqmt – 1,530 sqft142.1 sqmt | AED 3M | – |
| Commercial | 24 | 50 sqft4.6 sqmt – 130 sqft12.1 sqmt | No recent sales | – |
Sale trends in District One Residences 1
Median sale price
AED 1.8M
Median per sq ft
AED 2,201
Median gross yield
6.0%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 1.2M to AED 2.2M (767 to 924 sq ft), across 17 sales
- 2-bedroom apartments: AED 3.0M to AED 3.9M (1,373 to 1,528 sq ft), across 3 sales
Recent transactions in District One Residences 1
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 2,950,000AED 2,149 /sqftAED 23,132 /sqmt | 1,373 sqft127.6 sqmt2 Beds | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,520,000AED 1,829 /sqftAED 19,687 /sqmt | 831 sqft77.2 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,500,000AED 1,695 /sqftAED 18,245 /sqmt | 885 sqft82.2 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 2,150,000AED 2,327 /sqftAED 25,048 /sqmt | 924 sqft85.8 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 3,215,000AED 2,342 /sqftAED 25,209 /sqmt | 1,373 sqft127.6 sqmt2 Beds | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,750,000AED 2,241 /sqftAED 24,122 /sqmt | 781 sqft72.6 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,775,000AED 2,136 /sqftAED 22,992 /sqmt | 831 sqft77.2 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,687,000AED 2,160 /sqftAED 23,250 /sqmt | 781 sqft72.6 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,950,000AED 2,497 /sqftAED 26,877 /sqmt | 781 sqft72.6 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 2,065,315AED 2,485 /sqftAED 26,748 /sqmt | 831 sqft77.2 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,942,770AED 2,488 /sqftAED 26,781 /sqmt | 781 sqft72.6 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 3,865,840AED 2,530 /sqftAED 27,233 /sqmt | 1,528 sqft142 sqmt2 Beds | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,750,000AED 2,241 /sqftAED 24,122 /sqmt | 781 sqft72.6 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 2,050,000AED 2,467 /sqftAED 26,555 /sqmt | 831 sqft77.2 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,745,100AED 2,100 /sqftAED 22,604 /sqmt | 831 sqft77.2 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,881,451AED 2,453 /sqftAED 26,404 /sqmt | 767 sqft71.3 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,661,340AED 2,127 /sqftAED 22,895 /sqmt | 781 sqft72.6 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,242,457AED 1,591 /sqftAED 17,125 /sqmt | 781 sqft72.6 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,231,980AED 1,577 /sqftAED 16,975 /sqmt | 781 sqft72.6 sqmt1 Bed | Owner |
| (D1) District One Residences 1, Al MerkadhReadyApartment | AED 1,313,949AED 1,485 /sqftAED 15,984 /sqmt | 885 sqft82.2 sqmt1 Bed | Owner |
(D1) District One Residences 1
Al Merkadh
AED 3M
AED 2,149 /sqftAED 23,132 /sqmt
ReadyApartment1,373 sqft127.6 sqmt2 BedsOwner2 Nov 2026(D1) District One Residences 1
Al Merkadh
AED 1.5M
AED 1,829 /sqftAED 19,687 /sqmt
ReadyApartment831 sqft77.2 sqmt1 BedOwner17 Sept 2026(D1) District One Residences 1
Al Merkadh
AED 1.5M
AED 1,695 /sqftAED 18,245 /sqmt
ReadyApartment885 sqft82.2 sqmt1 BedOwner22 Sept 2025(D1) District One Residences 1
Al Merkadh
AED 2.2M
AED 2,327 /sqftAED 25,048 /sqmt
ReadyApartment924 sqft85.8 sqmt1 BedOwner15 May 2025(D1) District One Residences 1
Al Merkadh
AED 3.2M
AED 2,342 /sqftAED 25,209 /sqmt
ReadyApartment1,373 sqft127.6 sqmt2 BedsOwner6 Feb 2025(D1) District One Residences 1
Al Merkadh
AED 1.8M
AED 2,241 /sqftAED 24,122 /sqmt
ReadyApartment781 sqft72.6 sqmt1 BedOwner31 May 2024(D1) District One Residences 1
Al Merkadh
AED 1.8M
AED 2,136 /sqftAED 22,992 /sqmt
ReadyApartment831 sqft77.2 sqmt1 BedOwner7 May 2024(D1) District One Residences 1
Al Merkadh
AED 1.7M
AED 2,160 /sqftAED 23,250 /sqmt
ReadyApartment781 sqft72.6 sqmt1 BedOwner18 Apr 2024(D1) District One Residences 1
Al Merkadh
AED 2M
AED 2,497 /sqftAED 26,877 /sqmt
ReadyApartment781 sqft72.6 sqmt1 BedOwner13 Nov 2023(D1) District One Residences 1
Al Merkadh
AED 2.1M
AED 2,485 /sqftAED 26,748 /sqmt
ReadyApartment831 sqft77.2 sqmt1 BedOwner17 Aug 2023(D1) District One Residences 1
Al Merkadh
AED 1.9M
AED 2,488 /sqftAED 26,781 /sqmt
ReadyApartment781 sqft72.6 sqmt1 BedOwner17 Aug 2023(D1) District One Residences 1
Al Merkadh
AED 3.9M
AED 2,530 /sqftAED 27,233 /sqmt
ReadyApartment1,528 sqft142 sqmt2 BedsOwner10 Jul 2023(D1) District One Residences 1
Al Merkadh
AED 1.8M
AED 2,241 /sqftAED 24,122 /sqmt
ReadyApartment781 sqft72.6 sqmt1 BedOwner7 Mar 2023(D1) District One Residences 1
Al Merkadh
AED 2.1M
AED 2,467 /sqftAED 26,555 /sqmt
ReadyApartment831 sqft77.2 sqmt1 BedOwner27 Feb 2023(D1) District One Residences 1
Al Merkadh
AED 1.7M
AED 2,100 /sqftAED 22,604 /sqmt
ReadyApartment831 sqft77.2 sqmt1 BedOwner23 Feb 2023(D1) District One Residences 1
Al Merkadh
AED 1.9M
AED 2,453 /sqftAED 26,404 /sqmt
ReadyApartment767 sqft71.3 sqmt1 BedOwner23 Feb 2023(D1) District One Residences 1
Al Merkadh
AED 1.7M
AED 2,127 /sqftAED 22,895 /sqmt
ReadyApartment781 sqft72.6 sqmt1 BedOwner10 Feb 2023(D1) District One Residences 1
Al Merkadh
AED 1.2M
AED 1,591 /sqftAED 17,125 /sqmt
ReadyApartment781 sqft72.6 sqmt1 BedOwner10 Feb 2023(D1) District One Residences 1
Al Merkadh
AED 1.2M
AED 1,577 /sqftAED 16,975 /sqmt
ReadyApartment781 sqft72.6 sqmt1 BedOwner10 Feb 2023(D1) District One Residences 1
Al Merkadh
AED 1.3M
AED 1,485 /sqftAED 15,984 /sqmt
ReadyApartment885 sqft82.2 sqmt1 BedOwner9 Feb 2023
Every sale in District One Residences 1Every rent contract in District One Residences 1
Service charges in District One Residences 1
The 2026 service charge in District One Residences 1 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.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| Retail (2026) | AED 14.65 | 50 sqft4.6 sqmt – 130 sqft12.1 sqmt | AED 733 – AED 1,905 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
District One Residences 1 payment plan
How the developer's price is paid, in the order each instalment falls due.
- 1.On Booking10%
- 2.During Construction50%
- 3.On Handover40%
District One Residences 1 floor plans

1 bedroom, 1 Bedroom Apartment
743 sqft69 sqmt

2 bedrooms, 2 Bedroom Apartment
1,163 sqft108 sqmt

3 bedrooms, 3 Bedroom Apartment
1,733 sqft161 sqmt
Nearby amenities
Around District One Residences 1
Transportation near District One Residences 1
The nearest Dubai Metro station from District One Residences 1 is Business Bay (red line, 3.6 km, about 9 min drive), then Burj Khalifa/Dubai Mall (red line, 4.5 km, about 11 min drive). Stations planned on new lines nearby include District 1 (golden line, 1.7 km, about 5 min drive) and Nad Al Sheba (golden line, 1.7 km, about 5 min drive). Most residents will drive or take a taxi to the metro.
- District 1Golden line · 1.7 km · about 5 min drive
- Nad Al ShebaGolden line · 1.7 km · about 5 min drive
- District 1 near High Speed Rail lineGolden line · 1.9 km · about 6 min drive
- Burj Khalifa RoadGolden line · 3.1 km · about 8 min drive
- Business Bay InterchangeGolden line · 3.6 km · about 9 min drive
- Business BayRed line · 3.6 km · about 9 min drive
Shopping and groceries near District One Residences 1
The closest is Spinneys / south bridge downtowne Dubai, 2.8 km from District One Residences 1 (about 8 min drive).
- Spinneys / south bridge downtowne DubaiSupermarket · 2.8 km · about 8 min drive
- Spinneys/ Ontario TowerSupermarket · 3 km · about 8 min drive
- Spinneys / The Executive TowersSupermarket · 3.2 km · about 8 min drive
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 3.3 km · about 9 min drive
- Al Khail MallShopping Mall · 3.3 km · about 9 min drive
Restaurants and hotels near District One Residences 1
The closest is Maward Restaurant, 2.2 km from District One Residences 1 (about 6 min drive).
- Maward RestaurantRestaurant · 2.2 km · about 6 min drive
- Meydan HotelHotel · 2.6 km · about 7 min drive
- Shiba RestaurantRestaurant · 2.7 km · about 7 min drive
- Oberoi HotelHotel · 3 km · about 8 min drive
- Vida Hotels and ResortsHotel · 3.2 km · about 8 min drive
Hospitals and clinics near District One Residences 1
The closest is Dr. Moopen'S Al Quoz Medical Centre, 3.6 km from District One Residences 1 (about 9 min drive).
- Dr. Moopen'S Al Quoz Medical CentreHospital · 3.6 km · about 9 min drive
- Medcare HospitalHospital · 4.1 km · about 10 min drive
- Al Amal HospitalHospital · 5 km · about 12 min drive
- Neuro Spinal hospitalHospital · 5.4 km · about 13 min drive
- Emirates HospitalHospital · 5.5 km · about 13 min drive
Parks and leisure near District One Residences 1
The closest is Al Quoz Pond Park, 0.8 km from District One Residences 1 (about 10 min walk).
- Al Quoz Pond ParkPark · 0.8 km · about 10 min walk
- Falcon Heritage and Sports CentreSports Academy · 1.8 km · about 6 min drive
- Falcon Centre and Cultural SportsSports Academy · 1.9 km · about 6 min drive
- Dubai Bowling CentreSports Academy · 2.5 km · about 7 min drive
- Meydan TheatreTheatre House · 2.6 km · about 7 min drive
Schools near District One Residences 1
The nearest is Dubai International Private School - Br, 1.6 km away. Ratings are the KHDA's latest inspection grades.
- Dubai International Private School - BrAmerican · KHDA: Good · 1.6 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.9 km
- Clarion School L.L.CAmerican · KHDA: Good · 1.9 km
- Global Indian International School L.L.CIndian · KHDA: Good · 2.1 km
- Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 2.3 km
- Bilingual French International School L.L.C-FZFrench · KHDA: Not inspected due to COVID 19 · 2.5 km
Other buildings in Al Merkadh
Al Merkadh has 155 buildings. A few others to compare District One Residences 1 with:
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Things to consider about District One Residences 1
In its favour
- A median gross yield of 6.0% on recent sales.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Few sales each year, so a resale can take longer and prices move on a handful of deals.
- The nearest running metro station is 3.6 km away, so a car helps.
Specialists
Brokers who know District One Residences 1
These brokers handle sales and lettings in District One Residences 1 and can tell you what is available now.

Mamoun Bennis
Property Advisor

Vimbainashe Ruzvidzo
Property Advisor

Jonathan Vaughan
Property Advisor

Imen Mathlouthi
Property Advisor

Kostas Sausdravas
Property Advisor

Dominyka Sausdrave
Property Advisor

Rana Dahi
Property Advisor

Rashid Irshad
Associate Director
FAQs
District One Residences 1: questions answered
Buying, selling or renting in District One Residences 1?
A broker who works Al Merkadh will tell you what is available and what comparable homes went for.