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Ready building · Meydan

District One Residences 27, Al Merkadh

Highlights

District One Residences 27 at a glance

About District One Residences 27

District One Residences 27 is a mixed-use building in Al Merkadh, Dubai, developed by Meydan. It holds about 53 units: 1-bedroom apartments, 2-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2023 and has been in use for about 3 years. Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 1,901 per sq ft.

District One Residences 27 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 Q3 2023
  • Unit types: 1 Bed, 2 Beds, Commercial
  • Sizes from 90 to 1,600 sq ft
  • Views: Community View
  • Service charge from AED 14.65 per sq ft
  • Business Bay metro station 4.5 km away
Status
Ready
Developer
Meydan
Location
Al Merkadh, Dubai
Completed
Q3 2023
Unit types
1 Bed, 2 Beds, Commercial
Prices from
AED 1.3M
Median price per sq ft
AED 1,901
Median gross yield
7.2%
Service charge
AED 14.65 per sq ft (2026)
Nearest metro
District 1, 0.1 km

Building details

Inside District One Residences 27

Properties in District One Residences 27

1-bedroom apartments in District One Residences 27

There are about 26 of these in District One Residences 27, from 770 to 1,600 sq ft. None has sold recently enough to quote a price.

2-bedroom apartments in District One Residences 27

There are about 5 of these in District One Residences 27, from 1,380 to 1,540 sq ft. None has sold recently enough to quote a price.

Commercial units in District One Residences 27

There are about 22 of these in District One Residences 27, from 90 to 130 sq ft. None has sold recently enough to quote a price.

Unit types in District One Residences 27 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed26770 sqft71.5 sqmt – 1,600 sqft148.6 sqmtNo recent salesAED 90K
2 Beds51,380 sqft128.2 sqmt – 1,540 sqft143.1 sqmtNo recent salesAED 165K
Commercial2290 sqft8.4 sqmt – 130 sqft12.1 sqmtNo recent sales–

Recent transactions in District One Residences 27

  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,903 /sqftAED 20,484 /sqmt

    ReadyApartment
    788 sqft73.2 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,898 /sqftAED 20,430 /sqmt

    ReadyApartment
    767 sqft71.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,902 /sqftAED 20,473 /sqmt

    ReadyApartment
    788 sqft73.2 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,903 /sqftAED 20,484 /sqmt

    ReadyApartment
    788 sqft73.2 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,847 /sqftAED 19,881 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,834 /sqftAED 19,741 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 3.1M

    AED 1,943 /sqftAED 20,914 /sqmt

    ReadyApartment
    1,605 sqft149.1 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 2.8M

    AED 1,944 /sqftAED 20,925 /sqmt

    ReadyApartment
    1,477 sqft137.2 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,902 /sqftAED 20,473 /sqmt

    ReadyApartment
    788 sqft73.2 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,905 /sqftAED 20,505 /sqmt

    ReadyApartment
    767 sqft71.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,834 /sqftAED 19,741 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,905 /sqftAED 20,505 /sqmt

    ReadyApartment
    767 sqft71.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,835 /sqftAED 19,752 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,899 /sqftAED 20,441 /sqmt

    ReadyApartment
    767 sqft71.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,899 /sqftAED 20,441 /sqmt

    ReadyApartment
    767 sqft71.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,903 /sqftAED 20,484 /sqmt

    ReadyApartment
    788 sqft73.2 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,834 /sqftAED 19,741 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,835 /sqftAED 19,752 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,835 /sqftAED 19,752 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 1.5M

    AED 1,905 /sqftAED 20,505 /sqmt

    ReadyApartment
    767 sqft71.3 sqmt1 BedOwner15 Aug 2023
  • (D1) District One Residences 27

    Al Merkadh

    AED 85K/yr

    ApartmentNew contract
    788 sqft73.2 sqmt1 Bedto
  • (D1) District One Residences 27

    Al Merkadh

    AED 90K/yr

    ApartmentNew contract
    767 sqft71.3 sqmt1 Bedto
  • (D1) District One Residences 27

    Al Merkadh

    AED 100K/yr

    ApartmentNew contract
    832 sqft77.3 sqmt1 Bedto
  • (D1) District One Residences 27

    Al Merkadh

    AED 165K/yr

    ApartmentNew contract
    1,387 sqft128.9 sqmt2 Bedsto

Every sale in District One Residences 27Every rent contract in District One Residences 27

Service charges in District One Residences 27

The 2026 service charge in District One Residences 27 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 27
Unit typeRate per sq ftSizeYearly charge
Retail (2026)AED 14.6590 sqft8.4 sqmt – 130 sqft12.1 sqmtAED 1,319 – AED 1,905

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

Nearby amenities

Around District One Residences 27

Transportation near District One Residences 27

The nearest Dubai Metro station from District One Residences 27 is Business Bay (red line, 4.5 km, about 11 min drive), then Burj Khalifa/Dubai Mall (red line, 4.9 km, about 12 min drive). Stations planned on new lines nearby include District 1 (golden line, 0.1 km, about 2 min walk) and Nad Al Sheba (golden line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • District 1Golden line · 0.1 km · about 2 min walk
  • Nad Al ShebaGolden line · 1.4 km · about 5 min drive
  • District 1 near High Speed Rail lineGolden line · 1.9 km · about 6 min drive
  • Burj Khalifa RoadGolden line · 3.7 km · about 9 min drive
  • Business Bay InterchangeGolden line · 4.5 km · about 11 min drive
  • Business BayRed line · 4.5 km · about 11 min drive

Shopping and groceries near District One Residences 27

The closest is Spinneys / south bridge downtowne Dubai, 3.2 km from District One Residences 27 (about 8 min drive).

  • Spinneys / south bridge downtowne DubaiSupermarket · 3.2 km · about 8 min drive
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 3.9 km · about 10 min drive
  • Spinneys/ Ontario TowerSupermarket · 3.9 km · about 10 min drive
  • Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 3.9 km · about 10 min drive
  • Spinneys / The Executive TowersSupermarket · 4 km · about 10 min drive

Restaurants and hotels near District One Residences 27

The closest is Meydan Hotel, 1.1 km from District One Residences 27 (about 13 min walk).

  • Meydan HotelHotel · 1.1 km · about 13 min walk
  • Shiba RestaurantRestaurant · 1.2 km · about 14 min walk
  • Maward RestaurantRestaurant · 3 km · about 8 min drive
  • Al Manzil HotelHotel · 3.6 km · about 9 min drive
  • Vida Hotels and ResortsHotel · 3.6 km · about 9 min drive

Hospitals and clinics near District One Residences 27

The closest is Dr. Moopen'S Al Quoz Medical Centre, 5.1 km from District One Residences 27 (about 12 min drive).

  • Dr. Moopen'S Al Quoz Medical CentreHospital · 5.1 km · about 12 min drive
  • Medcare HospitalHospital · 5.5 km · about 13 min drive
  • Al Amal HospitalHospital · 5.7 km · about 13 min drive
  • Emirates HospitalHospital · 6.7 km · about 15 min drive
  • Neuro Spinal hospitalHospital · 6.9 km · about 16 min drive

Parks and leisure near District One Residences 27

The closest is Falcon Heritage and Sports Centre, 1 km from District One Residences 27 (about 12 min walk).

  • Falcon Heritage and Sports CentreSports Academy · 1 km · about 12 min walk
  • Falcon Centre and Cultural SportsSports Academy · 1 km · about 12 min walk
  • Meydan TheatreTheatre House · 1.1 km · about 13 min walk
  • Meydan Grandstand and RacecourseStadium · 1.2 km · about 14 min walk
  • Meydan Tennis AcademySports Academy · 1.4 km · about 5 min drive

Schools near District One Residences 27

The nearest is Bilingual French International School L.L.C-FZ, 1.2 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 · 1.2 km
  • Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 2.3 km
  • North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 2.5 km
  • Rashid and Latifa SchoolUK · KHDA: Not inspected yet · 2.8 km
  • Dubai International Private School - BrAmerican · KHDA: Good · 3 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 3.3 km

Other buildings in Al Merkadh

Al Merkadh has 155 buildings. A few others to compare District One Residences 27 with:

Things to consider about District One Residences 27

In its favour

  • A median gross yield of 7.2% 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 4.5 km away, so a car helps.

Specialists

Brokers who know District One Residences 27

These brokers handle sales and lettings in District One Residences 27 and can tell you what is available now.

FAQs

District One Residences 27: questions answered

District One Residences 27 was developed by Meydan in Al Merkadh.

District One Residences 27 is completed in Q3 2023.

Across its 20 most recent registered sales, District One Residences 27 sold for a median of AED 1,901 per sq ft and AED 1.5M per unit.

Recent yearly contracts in District One Residences 27 have a median rent of AED 95.0K.

The median gross yield on recently sold units in District One Residences 27 is 7.2%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in District One Residences 27 is AED 14.65 per sq ft a year, as registered with the Dubai Land Department.

District One Residences 27 has 1 Bed (770 to 1,600 sq ft), 2 Beds (1,380 to 1,540 sq ft), Commercial (90 to 130 sq ft).

District 1 is about 0.1 km from District One Residences 27.

The nearest schools include Bilingual French International School L.L.C-FZ (1.2 km), Hartland International School - FZ (2.3 km), North London Collegiate School Middle East L.L.C - FZ (2.5 km).

Buying, selling or renting in District One Residences 27?

A broker who works Al Merkadh will tell you what is available and what comparable homes went for.

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