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Ready 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 types in District One Residences 1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed26770 sqft71.5 sqmt – 920 sqft85.5 sqmtAED 1.5M–
2 Beds51,370 sqft127.3 sqmt – 1,530 sqft142.1 sqmtAED 3M–
Commercial2450 sqft4.6 sqmt – 130 sqft12.1 sqmtNo recent sales–

Recent transactions in District One Residences 1

  • (D1) District One Residences 1

    Al Merkadh

    AED 3M

    AED 2,149 /sqftAED 23,132 /sqmt

    ReadyApartment
    1,373 sqft127.6 sqmt2 BedsOwner2 Nov 2026
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.5M

    AED 1,829 /sqftAED 19,687 /sqmt

    ReadyApartment
    831 sqft77.2 sqmt1 BedOwner17 Sept 2026
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.5M

    AED 1,695 /sqftAED 18,245 /sqmt

    ReadyApartment
    885 sqft82.2 sqmt1 BedOwner22 Sept 2025
  • (D1) District One Residences 1

    Al Merkadh

    AED 2.2M

    AED 2,327 /sqftAED 25,048 /sqmt

    ReadyApartment
    924 sqft85.8 sqmt1 BedOwner15 May 2025
  • (D1) District One Residences 1

    Al Merkadh

    AED 3.2M

    AED 2,342 /sqftAED 25,209 /sqmt

    ReadyApartment
    1,373 sqft127.6 sqmt2 BedsOwner6 Feb 2025
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.8M

    AED 2,241 /sqftAED 24,122 /sqmt

    ReadyApartment
    781 sqft72.6 sqmt1 BedOwner31 May 2024
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.8M

    AED 2,136 /sqftAED 22,992 /sqmt

    ReadyApartment
    831 sqft77.2 sqmt1 BedOwner7 May 2024
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.7M

    AED 2,160 /sqftAED 23,250 /sqmt

    ReadyApartment
    781 sqft72.6 sqmt1 BedOwner18 Apr 2024
  • (D1) District One Residences 1

    Al Merkadh

    AED 2M

    AED 2,497 /sqftAED 26,877 /sqmt

    ReadyApartment
    781 sqft72.6 sqmt1 BedOwner13 Nov 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 2.1M

    AED 2,485 /sqftAED 26,748 /sqmt

    ReadyApartment
    831 sqft77.2 sqmt1 BedOwner17 Aug 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.9M

    AED 2,488 /sqftAED 26,781 /sqmt

    ReadyApartment
    781 sqft72.6 sqmt1 BedOwner17 Aug 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 3.9M

    AED 2,530 /sqftAED 27,233 /sqmt

    ReadyApartment
    1,528 sqft142 sqmt2 BedsOwner10 Jul 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.8M

    AED 2,241 /sqftAED 24,122 /sqmt

    ReadyApartment
    781 sqft72.6 sqmt1 BedOwner7 Mar 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 2.1M

    AED 2,467 /sqftAED 26,555 /sqmt

    ReadyApartment
    831 sqft77.2 sqmt1 BedOwner27 Feb 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.7M

    AED 2,100 /sqftAED 22,604 /sqmt

    ReadyApartment
    831 sqft77.2 sqmt1 BedOwner23 Feb 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.9M

    AED 2,453 /sqftAED 26,404 /sqmt

    ReadyApartment
    767 sqft71.3 sqmt1 BedOwner23 Feb 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.7M

    AED 2,127 /sqftAED 22,895 /sqmt

    ReadyApartment
    781 sqft72.6 sqmt1 BedOwner10 Feb 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.2M

    AED 1,591 /sqftAED 17,125 /sqmt

    ReadyApartment
    781 sqft72.6 sqmt1 BedOwner10 Feb 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.2M

    AED 1,577 /sqftAED 16,975 /sqmt

    ReadyApartment
    781 sqft72.6 sqmt1 BedOwner10 Feb 2023
  • (D1) District One Residences 1

    Al Merkadh

    AED 1.3M

    AED 1,485 /sqftAED 15,984 /sqmt

    ReadyApartment
    885 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.

Service charges in District One Residences 1
Unit typeRate per sq ftSizeYearly charge
Retail (2026)AED 14.6550 sqft4.6 sqmt – 130 sqft12.1 sqmtAED 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. 1.On Booking10%
  2. 2.During Construction50%
  3. 3.On Handover40%

District One Residences 1 floor plans

  • District One Residences 1 1 bedroom 1 Bedroom Apartment floor plan

    1 bedroom, 1 Bedroom Apartment

    743 sqft69 sqmt

  • District One Residences 1 2 bedrooms 2 Bedroom Apartment floor plan

    2 bedrooms, 2 Bedroom Apartment

    1,163 sqft108 sqmt

  • District One Residences 1 3 bedrooms 3 Bedroom Apartment floor plan

    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:

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.

FAQs

District One Residences 1: questions answered

District One Residences 1 was developed by Meydan in Al Merkadh.

District One Residences 1 is completed in Q1 2022.

Across its 20 most recent registered sales, District One Residences 1 sold for a median of AED 2,201 per sq ft and AED 1.8M per unit.

The median gross yield on recently sold units in District One Residences 1 is 6.0%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in District One Residences 1 is AED 14.65 per sq ft a year, as registered with the Dubai Land Department.

District One Residences 1 has 1 Bed (770 to 920 sq ft), 2 Beds (1,370 to 1,530 sq ft), Commercial (50 to 130 sq ft).

District 1 is about 1.7 km from District One Residences 1.

The nearest schools include Dubai International Private School - Br (1.6 km), GEMS Our Own Indian School (1.9 km), Clarion School L.L.C (1.9 km).

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.

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