ReadyReady building · Meydan
District One Residences 15, Al Merkadh
Highlights
District One Residences 15 at a glance
About District One Residences 15
District One Residences 15 is a mixed-use building in Al Merkadh, Dubai, developed by Meydan. It holds about 121 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units.
The building was completed in 2023 and has been in use for about 3 years. 12 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,014 per sq ft.
District One Residences 15 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 2023
- Unit types: 1 Bed, 2 Beds, 3 Beds, Commercial
- Sizes from 80 to 2,720 sq ft
- Service charge from AED 14.65 per sq ft
- Business Bay metro station 4.6 km away
- Status
- Ready
- Developer
- Meydan
- Location
- Al Merkadh, Dubai
- Completed
- Q1 2023
- Unit types
- 1 Bed, 2 Beds, 3 Beds, Commercial
- Prices from
- AED 1.2M
- Median price per sq ft
- AED 2,014
- Median gross yield
- 7.0%
- Service charge
- AED 14.65 per sq ft (2026)
- Nearest metro
- Nad Al Sheba, 0.8 km
Photos of District One Residences 15
Building details
Inside District One Residences 15
Properties in District One Residences 15
1-bedroom apartments in District One Residences 15
There are about 77 of these in District One Residences 15, from 750 to 1,160 sq ft. They have recently sold for a median of AED 1.5M, or AED 1,980 per sq ft.
2-bedroom apartments in District One Residences 15
There are about 9 of these in District One Residences 15, from 1,290 to 2,100 sq ft. They have recently sold for a median of AED 2.9M, or AED 2,210 per sq ft. Owners who resold made a median 36% over what they paid.
3-bedroom apartments in District One Residences 15
There are about 9 of these in District One Residences 15, from 1,780 to 2,720 sq ft. They have recently sold for a median of AED 3.9M, or AED 2,200 per sq ft. Owners who resold made a median 30% over what they paid.
Commercial units in District One Residences 15
There are about 26 of these in District One Residences 15, from 80 to 140 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 77 | 750 sqft69.7 sqmt – 1,160 sqft107.8 sqmt | AED 1.5M | AED 80K |
| 2 Beds | 9 | 1,290 sqft119.8 sqmt – 2,100 sqft195.1 sqmt | AED 2.9M | – |
| 3 Beds | 9 | 1,780 sqft165.4 sqmt – 2,720 sqft252.7 sqmt | AED 3.9M | AED 260K |
| Commercial | 26 | 80 sqft7.4 sqmt – 140 sqft13 sqmt | No recent sales | – |
Sale trends in District One Residences 15
Median sale price
AED 1.7M
Median per sq ft
AED 2,014
Median gross yield
7.0%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 1.4M to AED 2.0M (745 to 1,160 sq ft), across 14 sales
- 3-bedroom apartments: AED 3.0M to AED 4.3M (1,779 sq ft), across 4 sales
- 2-bedroom apartments: AED 2.5M to AED 3.2M (1,289 sq ft), across 2 sales
Rental trends in District One Residences 15
1-bedroom homes in District One Residences 15 were let for AED 80.0K to AED 85.0K a year across 3 recent contracts, with a median of AED 80.0K.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 80.0K to AED 85.0K a year (767 to 785 sq ft), across 3 contracts
- 3-bedroom apartments: AED 260.0K a year (1,779 sq ft)
Recent transactions in District One Residences 15
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,485,000AED 1,967 /sqftAED 21,173 /sqmt | 755 sqft70.1 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,500,000AED 2,003 /sqftAED 21,560 /sqmt | 749 sqft69.6 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,420,000AED 1,868 /sqftAED 20,107 /sqmt | 760 sqft70.6 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,825,000AED 1,774 /sqftAED 19,095 /sqmt | 1,029 sqft95.6 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,450,000AED 1,946 /sqftAED 20,947 /sqmt | 745 sqft69.2 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,555,000AED 2,087 /sqftAED 22,464 /sqmt | 745 sqft69.2 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,550,000AED 2,081 /sqftAED 22,400 /sqmt | 745 sqft69.2 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,620,000AED 2,174 /sqftAED 23,401 /sqmt | 745 sqft69.2 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 3,200,000AED 2,483 /sqftAED 26,727 /sqmt | 1,289 sqft119.8 sqmt2 Beds | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 4,225,000AED 2,375 /sqftAED 25,564 /sqmt | 1,779 sqft165.3 sqmt3 Beds | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 2,500,000AED 1,939 /sqftAED 20,871 /sqmt | 1,289 sqft119.8 sqmt2 Beds | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 3,600,000AED 2,024 /sqftAED 21,786 /sqmt | 1,779 sqft165.3 sqmt3 Beds | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 2,000,000AED 1,724 /sqftAED 18,557 /sqmt | 1,160 sqft107.8 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 4,300,000AED 2,417 /sqftAED 26,016 /sqmt | 1,779 sqft165.3 sqmt3 Beds | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,625,000AED 2,152 /sqftAED 23,164 /sqmt | 755 sqft70.1 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,645,000AED 2,208 /sqftAED 23,767 /sqmt | 745 sqft69.2 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,825,000AED 1,727 /sqftAED 18,589 /sqmt | 1,057 sqft98.2 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 3,000,000AED 1,686 /sqftAED 18,148 /sqmt | 1,779 sqft165.3 sqmt3 Beds | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 1,650,000AED 2,185 /sqftAED 23,519 /sqmt | 755 sqft70.1 sqmt1 Bed | Owner |
| (D1) District One Residences 15, Al MerkadhReadyApartment | AED 2,000,000AED 1,724 /sqftAED 18,557 /sqmt | 1,160 sqft107.8 sqmt1 Bed | Owner |
(D1) District One Residences 15
Al Merkadh
AED 1.5M
AED 1,967 /sqftAED 21,173 /sqmt
ReadyApartment755 sqft70.1 sqmt1 BedOwner3 Nov 2026(D1) District One Residences 15
Al Merkadh
AED 1.5M
AED 2,003 /sqftAED 21,560 /sqmt
ReadyApartment749 sqft69.6 sqmt1 BedOwner18 Sept 2026(D1) District One Residences 15
Al Merkadh
AED 1.4M
AED 1,868 /sqftAED 20,107 /sqmt
ReadyApartment760 sqft70.6 sqmt1 BedOwner27 Jul 2026(D1) District One Residences 15
Al Merkadh
AED 1.8M
AED 1,774 /sqftAED 19,095 /sqmt
ReadyApartment1,029 sqft95.6 sqmt1 BedOwner9 Jul 2026(D1) District One Residences 15
Al Merkadh
AED 1.5M
AED 1,946 /sqftAED 20,947 /sqmt
ReadyApartment745 sqft69.2 sqmt1 BedOwner26 Jun 2026(D1) District One Residences 15
Al Merkadh
AED 1.6M
AED 2,087 /sqftAED 22,464 /sqmt
ReadyApartment745 sqft69.2 sqmt1 BedOwner1 Jun 2026(D1) District One Residences 15
Al Merkadh
AED 1.6M
AED 2,081 /sqftAED 22,400 /sqmt
ReadyApartment745 sqft69.2 sqmt1 BedOwner9 Mar 2026(D1) District One Residences 15
Al Merkadh
AED 1.6M
AED 2,174 /sqftAED 23,401 /sqmt
ReadyApartment745 sqft69.2 sqmt1 BedOwner26 Jan 2026(D1) District One Residences 15
Al Merkadh
AED 3.2M
AED 2,483 /sqftAED 26,727 /sqmt
ReadyApartment1,289 sqft119.8 sqmt2 BedsOwner16 Jan 2026(D1) District One Residences 15
Al Merkadh
AED 4.2M
AED 2,375 /sqftAED 25,564 /sqmt
ReadyApartment1,779 sqft165.3 sqmt3 BedsOwner16 Dec 2025(D1) District One Residences 15
Al Merkadh
AED 2.5M
AED 1,939 /sqftAED 20,871 /sqmt
ReadyApartment1,289 sqft119.8 sqmt2 BedsOwner12 Nov 2025(D1) District One Residences 15
Al Merkadh
AED 3.6M
AED 2,024 /sqftAED 21,786 /sqmt
ReadyApartment1,779 sqft165.3 sqmt3 BedsOwner12 Nov 2025(D1) District One Residences 15
Al Merkadh
AED 2M
AED 1,724 /sqftAED 18,557 /sqmt
ReadyApartment1,160 sqft107.8 sqmt1 BedOwner31 Oct 2025(D1) District One Residences 15
Al Merkadh
AED 4.3M
AED 2,417 /sqftAED 26,016 /sqmt
ReadyApartment1,779 sqft165.3 sqmt3 BedsOwner20 Oct 2025(D1) District One Residences 15
Al Merkadh
AED 1.6M
AED 2,152 /sqftAED 23,164 /sqmt
ReadyApartment755 sqft70.1 sqmt1 BedOwner27 Aug 2025(D1) District One Residences 15
Al Merkadh
AED 1.6M
AED 2,208 /sqftAED 23,767 /sqmt
ReadyApartment745 sqft69.2 sqmt1 BedOwner2 Jul 2025(D1) District One Residences 15
Al Merkadh
AED 1.8M
AED 1,727 /sqftAED 18,589 /sqmt
ReadyApartment1,057 sqft98.2 sqmt1 BedOwner4 Jun 2025(D1) District One Residences 15
Al Merkadh
AED 3M
AED 1,686 /sqftAED 18,148 /sqmt
ReadyApartment1,779 sqft165.3 sqmt3 BedsOwner27 May 2025(D1) District One Residences 15
Al Merkadh
AED 1.7M
AED 2,185 /sqftAED 23,519 /sqmt
ReadyApartment755 sqft70.1 sqmt1 BedOwner23 May 2025(D1) District One Residences 15
Al Merkadh
AED 2M
AED 1,724 /sqftAED 18,557 /sqmt
ReadyApartment1,160 sqft107.8 sqmt1 BedOwner9 May 2025
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| (D1) District One Residences 15, Al MerkadhApartmentNew contract | AED 85,000 | 785 sqft72.9 sqmt1 Bed | to |
| (D1) District One Residences 15, Al MerkadhApartmentRenewal | AED 150,000 | 1,779 sqft165.3 sqmt3 Beds | to |
| (D1) District One Residences 15, Al MerkadhApartmentNew contract | AED 80,000 | 767 sqft71.3 sqmt1 Bed | to |
| (D1) District One Residences 15, Al MerkadhApartmentNew contract | AED 80,000 | 767 sqft71.3 sqmt1 Bed | to |
| (D1) District One Residences 15, Al MerkadhApartmentRenewal | AED 260,000 | 1,779 sqft165.3 sqmt3 Beds | to |
(D1) District One Residences 15
Al Merkadh
AED 85K/yr
ApartmentNew contract785 sqft72.9 sqmt1 Bedto(D1) District One Residences 15
Al Merkadh
AED 150K/yr
ApartmentRenewal1,779 sqft165.3 sqmt3 Bedsto(D1) District One Residences 15
Al Merkadh
AED 80K/yr
ApartmentNew contract767 sqft71.3 sqmt1 Bedto(D1) District One Residences 15
Al Merkadh
AED 80K/yr
ApartmentNew contract767 sqft71.3 sqmt1 Bedto(D1) District One Residences 15
Al Merkadh
AED 260K/yr
ApartmentRenewal1,779 sqft165.3 sqmt3 Bedsto
Every sale in District One Residences 15Every rent contract in District One Residences 15
Service charges in District One Residences 15
The 2026 service charge in District One Residences 15 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 | 80 sqft7.4 sqmt – 140 sqft13 sqmt | AED 1,172 – AED 2,051 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around District One Residences 15
Transportation near District One Residences 15
The nearest Dubai Metro station from District One Residences 15 is Business Bay (red line, 4.6 km, about 11 min drive), then Burj Khalifa/Dubai Mall (red line, 5.2 km, about 12 min drive). Stations planned on new lines nearby include Nad Al Sheba (golden line, 0.8 km, about 10 min walk) and District 1 (golden line, 0.9 km, about 11 min walk). Most residents will drive or take a taxi to the metro.
- Nad Al ShebaGolden line · 0.8 km · about 10 min walk
- District 1Golden line · 0.9 km · about 11 min walk
- District 1 near High Speed Rail lineGolden line · 2.3 km · about 7 min drive
- Burj Khalifa RoadGolden line · 3.9 km · about 10 min drive
- Business Bay InterchangeGolden line · 4.6 km · about 11 min drive
- Business BayRed line · 4.6 km · about 11 min drive
Shopping and groceries near District One Residences 15
The closest is Spinneys / south bridge downtowne Dubai, 3.5 km from District One Residences 15 (about 9 min drive).
- Spinneys / south bridge downtowne DubaiSupermarket · 3.5 km · about 9 min drive
- Spinneys/ Ontario TowerSupermarket · 4 km · about 10 min drive
- Grand MallShopping Mall · 4.1 km · about 10 min drive
- Al Khail MallShopping Mall · 4.1 km · about 10 min drive
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 4.2 km · about 10 min drive
Restaurants and hotels near District One Residences 15
The closest is Meydan Hotel, 1.5 km from District One Residences 15 (about 5 min drive).
- Meydan HotelHotel · 1.5 km · about 5 min drive
- Shiba RestaurantRestaurant · 1.7 km · about 5 min drive
- Maward RestaurantRestaurant · 3.1 km · about 8 min drive
- Vida Hotels and ResortsHotel · 3.9 km · about 10 min drive
- Al Manzil HotelHotel · 3.9 km · about 10 min drive
Hospitals and clinics near District One Residences 15
The closest is Dr. Moopen'S Al Quoz Medical Centre, 4.3 km from District One Residences 15 (about 11 min drive).
- Dr. Moopen'S Al Quoz Medical CentreHospital · 4.3 km · about 11 min drive
- Medcare HospitalHospital · 5.3 km · about 13 min drive
- Al Amal HospitalHospital · 5.9 km · about 14 min drive
- Neuro Spinal hospitalHospital · 6.6 km · about 15 min drive
- Emirates HospitalHospital · 6.6 km · about 15 min drive
Parks and leisure near District One Residences 15
The closest is Falcon Heritage and Sports Centre, 0.7 km from District One Residences 15 (about 8 min walk).
- Falcon Heritage and Sports CentreSports Academy · 0.7 km · about 8 min walk
- Falcon Centre and Cultural SportsSports Academy · 0.7 km · about 8 min walk
- Meydan TheatreTheatre House · 1.5 km · about 5 min drive
- Meydan Tennis AcademySports Academy · 1.6 km · about 5 min drive
- Meydan Grandstand and RacecourseStadium · 1.7 km · about 5 min drive
Schools near District One Residences 15
The nearest is Bilingual French International School L.L.C-FZ, 1.4 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 · 1.4 km
- Dubai International Private School - BrAmerican · KHDA: Good · 2.8 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 3 km
- Rashid and Latifa SchoolUK · KHDA: Not inspected yet · 3 km
- Clarion School L.L.CAmerican · KHDA: Good · 3 km
- Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 3.1 km
Other buildings in Al Merkadh
Al Merkadh has 155 buildings. A few others to compare District One Residences 15 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about District One Residences 15
In its favour
- Owners who resold have made money: a median gain of up to 36%.
- A median gross yield of 7.0% on recent sales.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- The nearest running metro station is 4.6 km away, so a car helps.
Specialists
Brokers who know District One Residences 15
These brokers handle sales and lettings in District One Residences 15 and can tell you what is available now.
Khalid Abdul-Hadi
Senior Property Advisor
Imen Mathlouthi
Property Advisor
Aymon Ansari
Senior Property Advisor
Vimbainashe Ruzvidzo
Property Advisor
Ammar Abdel Rahman
Property Advisor
FAQs
District One Residences 15: questions answered
Buying, selling or renting in District One Residences 15?
A broker who works Al Merkadh will tell you what is available and what comparable homes went for.