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Ready building · Meydan

District One Residences 29, Al Merkadh

Highlights

District One Residences 29 at a glance

About District One Residences 29

District One Residences 29 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 1,855 per sq ft.

District One Residences 29 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 2.7 km away
Status
Ready
Developer
Meydan
Location
Al Merkadh, Dubai
Completed
Q3 2023
Unit types
1 Bed, 2 Beds, Commercial
Prices from
AED 1.4M
Median price per sq ft
AED 1,855
Median gross yield
6.3%
Service charge
AED 14.65 per sq ft (2026)
Nearest metro
District 1 near High Speed Rail line, 0.9 km

Photos of District One Residences 29

Building details

Inside District One Residences 29

Properties in District One Residences 29

1-bedroom apartments in District One Residences 29

There are about 26 of these in District One Residences 29, from 770 to 1,600 sq ft. None has sold recently enough to quote a price.

2-bedroom apartments in District One Residences 29

There are about 5 of these in District One Residences 29, from 1,380 to 1,540 sq ft. None has sold recently enough to quote a price.

Commercial units in District One Residences 29

There are about 22 of these in District One Residences 29, from 90 to 130 sq ft. None has sold recently enough to quote a price.

Unit types in District One Residences 29 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed26770 sqft71.5 sqmt – 1,600 sqft148.6 sqmtNo recent salesAED 108K
2 Beds51,380 sqft128.2 sqmt – 1,540 sqft143.1 sqmtNo recent sales–
Commercial2290 sqft8.4 sqmt – 130 sqft12.1 sqmtNo recent sales–

Recent transactions in District One Residences 29

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.7M

    AED 2,157 /sqftAED 23,218 /sqmt

    ReadyApartment
    788 sqft73.2 sqmt1 BedOwner12 Jun 2025

  • (D1) District One Residences 29

    Al Merkadh

    AED 3.2M

    AED 2,307 /sqftAED 24,832 /sqmt

    ReadyApartment
    1,387 sqft128.9 sqmt2 BedsOwner6 May 2025

  • (D1) District One Residences 29

    Al Merkadh

    AED 2.6M

    AED 1,847 /sqftAED 19,881 /sqmt

    ReadyApartment
    1,387 sqft128.9 sqmt2 BedsOwner8 Apr 2025

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.3M

    AED 1,563 /sqftAED 16,824 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner20 Nov 2024

  • (D1) District One Residences 29

    Al Merkadh

    AED 4M

    AED 2,899 /sqftAED 31,205 /sqmt

    ReadyApartment
    1,380 sqft128.2 sqmt2 BedsOwner9 Aug 2024

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.7M

    AED 2,094 /sqftAED 22,540 /sqmt

    ReadyApartment
    788 sqft73.2 sqmt1 BedOwner3 Apr 2024

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.6M

    AED 2,086 /sqftAED 22,454 /sqmt

    ReadyApartment
    767 sqft71.3 sqmt1 BedOwner14 Mar 2024

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.7M

    AED 2,094 /sqftAED 22,540 /sqmt

    ReadyApartment
    788 sqft73.2 sqmt1 BedOwner19 Feb 2024

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.7M

    AED 2,177 /sqftAED 23,433 /sqmt

    ReadyApartment
    767 sqft71.3 sqmt1 BedOwner8 Feb 2024

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.4M

    AED 1,683 /sqftAED 18,116 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner27 Oct 2023

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.4M

    AED 1,844 /sqftAED 19,849 /sqmt

    Off-planApartment
    788 sqft73.2 sqmt1 BedOwner16 May 2023

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.4M

    AED 1,875 /sqftAED 20,182 /sqmt

    Off-planApartment
    767 sqft71.3 sqmt1 BedOwner28 Mar 2023

  • (D1) District One Residences 29

    Al Merkadh

    AED 2.6M

    AED 1,854 /sqftAED 19,956 /sqmt

    Off-planApartment
    1,387 sqft128.9 sqmt2 BedsDeveloper26 Jan 2023

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.4M

    AED 1,875 /sqftAED 20,182 /sqmt

    Off-planApartment
    767 sqft71.3 sqmt1 BedDeveloper31 Oct 2022

  • (D1) District One Residences 29

    Al Merkadh

    AED 2.3M

    AED 1,581 /sqftAED 17,018 /sqmt

    Off-planApartment
    1,474 sqft136.9 sqmt1 BedDeveloper14 Oct 2022

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.5M

    AED 1,854 /sqftAED 19,956 /sqmt

    Off-planApartment
    788 sqft73.2 sqmt1 BedOwner12 Oct 2022

  • (D1) District One Residences 29

    Al Merkadh

    AED 2.4M

    AED 1,547 /sqftAED 16,652 /sqmt

    Off-planApartment
    1,598 sqft148.5 sqmt1 BedDeveloper9 Aug 2022

  • (D1) District One Residences 29

    Al Merkadh

    AED 2.6M

    AED 1,856 /sqftAED 19,978 /sqmt

    Off-planApartment
    1,380 sqft128.2 sqmt2 BedsDeveloper21 Jun 2022

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.4M

    AED 1,725 /sqftAED 18,568 /sqmt

    Off-planApartment
    832 sqft77.3 sqmt1 BedDeveloper20 Jun 2022

  • (D1) District One Residences 29

    Al Merkadh

    AED 1.4M

    AED 1,653 /sqftAED 17,793 /sqmt

    Off-planApartment
    832 sqft77.3 sqmt1 BedDeveloper13 Apr 2022

  • (D1) District One Residences 29

    Al Merkadh

    AED 108K/yr

    ApartmentRenewal
    832 sqft77.3 sqmt1 Bedto

Every sale in District One Residences 29Every rent contract in District One Residences 29

Service charges in District One Residences 29

The 2026 service charge in District One Residences 29 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 29
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 29

Transportation near District One Residences 29

The nearest Dubai Metro station from District One Residences 29 is Business Bay (red line, 2.7 km, about 7 min drive), then Burj Khalifa/Dubai Mall (red line, 3.4 km, about 9 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 0.9 km, about 11 min walk) and District 1 (golden line, 1.9 km, about 6 min drive). Most residents will drive or take a taxi to the metro.

  • District 1 near High Speed Rail lineGolden line · 0.9 km · about 11 min walk
  • District 1Golden line · 1.9 km · about 6 min drive
  • Burj Khalifa RoadGolden line · 2 km · about 6 min drive
  • Nad Al ShebaGolden line · 2.6 km · about 7 min drive
  • Business Bay InterchangeGolden line · 2.7 km · about 7 min drive
  • Business BayRed line · 2.7 km · about 7 min drive

Shopping and groceries near District One Residences 29

The closest is Spinneys / south bridge downtowne Dubai, 1.8 km from District One Residences 29 (about 6 min drive).

  • Spinneys / south bridge downtowne DubaiSupermarket · 1.8 km · about 6 min drive
  • Spinneys/ Ontario TowerSupermarket · 2.1 km · about 6 min drive
  • Spinneys / The Executive TowersSupermarket · 2.2 km · about 6 min drive
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 2.3 km · about 7 min drive
  • Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 2.4 km · about 7 min drive

Restaurants and hotels near District One Residences 29

The closest is Maward Restaurant, 1.2 km from District One Residences 29 (about 14 min walk).

  • Maward RestaurantRestaurant · 1.2 km · about 14 min walk
  • Oberoi HotelHotel · 2 km · about 6 min drive
  • Vida Hotels and ResortsHotel · 2.1 km · about 6 min drive
  • Al Manzil HotelHotel · 2.2 km · about 6 min drive
  • JW Marriott Marquis Business BayHotel · 2.4 km · about 7 min drive

Hospitals and clinics near District One Residences 29

The closest is Medcare Hospital, 3.6 km from District One Residences 29 (about 9 min drive).

  • Medcare HospitalHospital · 3.6 km · about 9 min drive
  • Al Amal HospitalHospital · 4 km · about 10 min drive
  • Dr. Moopen'S Al Quoz Medical CentreHospital · 4.3 km · about 11 min drive
  • Emirates HospitalHospital · 4.8 km · about 12 min drive
  • Neuro Spinal hospitalHospital · 5.1 km · about 12 min drive

Parks and leisure near District One Residences 29

The closest is Al Quoz Pond Park, 1.1 km from District One Residences 29 (about 13 min walk).

  • Al Quoz Pond ParkPark · 1.1 km · about 13 min walk
  • Dubai Bowling CentreSports Academy · 2 km · about 6 min drive
  • Falcon Heritage and Sports CentreSports Academy · 2.6 km · about 7 min drive
  • Falcon Centre and Cultural SportsSports Academy · 2.6 km · about 7 min drive
  • Meydan TheatreTheatre House · 3 km · about 8 min drive

Schools near District One Residences 29

The nearest is Dubai International Private School - Br, 1.4 km away. Ratings are the KHDA's latest inspection grades.

  • Dubai International Private School - BrAmerican · KHDA: Good · 1.4 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.5 km
  • Global Indian International School L.L.CIndian · KHDA: Good · 1.8 km
  • Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.9 km
  • Clarion School L.L.CAmerican · KHDA: Good · 2 km
  • Lycee Francais Jean Mermoz L.L.CFrench · 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 29 with:

All 155 Al Merkadh buildings →

Things to consider about District One Residences 29

In its favour

  • A median gross yield of 6.3% 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 2.7 km away, so a car helps.

Specialists

Brokers who know District One Residences 29

These brokers handle sales and lettings in District One Residences 29 and can tell you what is available now.

FAQs

District One Residences 29: questions answered

District One Residences 29 was developed by Meydan in Al Merkadh.

District One Residences 29 is completed in Q3 2023.

Across its 20 most recent registered sales, District One Residences 29 sold for a median of AED 1,855 per sq ft and AED 1.7M per unit.

Recent yearly contracts in District One Residences 29 have a median rent of AED 108.0K.

The median gross yield on recently sold units in District One Residences 29 is 6.3%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in District One Residences 29 is AED 14.65 per sq ft a year, as registered with the Dubai Land Department.

District One Residences 29 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 near High Speed Rail line is about 0.9 km from District One Residences 29.

The nearest schools include Dubai International Private School - Br (1.4 km), GEMS Our Own Indian School (1.5 km), Global Indian International School L.L.C (1.8 km).

Buying, selling or renting in District One Residences 29?

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

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