District One Residences 3, Al Merkadh

District One Residences 3 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 Pool and Community.

The building was completed in 2022 and has been in use for about 4 years. 1 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,430 per sq ft.

District One Residences 3 is one of 155 buildings in Al Merkadh: 135 are complete and 19 are still being built.

• 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: Pool, Community
• Service charge from AED 14.65 per sq ft
• First Gulf Bank metro station 4.5 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 2,430

Median gross yield

6.1%

Service charge

AED 14.65 per sq ft (2026)

Nearest metro

Dubai Hills, 3.2 km

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Price ranges from the most recent registered sales, by unit type:

• 1-bedroom apartments: AED 1.6M to AED 2.3M (767 to 924 sq ft), across 17 sales
• 2-bedroom apartments: AED 3.4M to AED 4.3M (1,373 to 1,528 sq ft), across 3 sales

1-bedroom homes in District One Residences 3 were let for AED 85.0K to AED 100.0K a year across 3 recent contracts, with a median of AED 90.0K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 85.0K to AED 100.0K a year (781 to 831 sq ft), across 3 contracts

Every sale in District One Residences 3Every rent contract in District One Residences 3

The 2026 service charge in District One Residences 3 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.

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

The nearest Dubai Metro station from District One Residences 3 is First Gulf Bank (red line, 4.5 km, about 11 min drive), then Mall of the Emirates (red line, 4.9 km, about 12 min drive). Stations planned on new lines nearby include Dubai Hills (golden line, 3.2 km, about 8 min drive) and Hadaeq Mohammed Bin Rashid (golden line, 4.9 km, about 12 min drive). Most residents will drive or take a taxi to the metro.

• Dubai HillsGolden line · 3.2 km · about 8 min drive
• First Gulf BankRed line · 4.5 km · about 11 min drive
• Hadaeq Mohammed Bin RashidGolden line · 4.9 km · about 12 min drive
• Mall of the EmiratesRed line · 4.9 km · about 12 min drive
• Dubai Miracle GardenGolden line · 5 km · about 12 min drive
• Sharaf DGRed line · 5.6 km · about 13 min drive

The closest is Lulu Hypermarket / Al Barsha (Behind Mall of Emirates), 4 km from District One Residences 3 (about 10 min drive).

• Lulu Hypermarket / Al Barsha (Behind Mall of Emirates)Supermarket · 4 km · about 10 min drive
• Grand MallShopping Mall · 4.8 km · about 12 min drive
• Al Khail MallShopping Mall · 4.8 km · about 12 min drive
• Mall of The EmiratesShopping Mall · 4.9 km · about 12 min drive
• Uptown Motor CityShopping Mall · 6.6 km · about 15 min drive

The closest is Ramada Chelsea Al Barsha Hotel, 4 km from District One Residences 3 (about 10 min drive).

• Ramada Chelsea Al Barsha HotelHotel · 4 km · about 10 min drive
• Corp Executive Hotel ApartmentHotel · 4.2 km · about 10 min drive
• Grand Excelsior HotelHotel · 4.3 km · about 11 min drive
• Najd Hotel ApartmentsHotel · 4.6 km · about 11 min drive
• Holiday Inn DubaiHotel · 4.8 km · about 12 min drive

The closest is Dr. Moopen'S Al Quoz Medical Centre, 4.6 km from District One Residences 3 (about 11 min drive).

• Dr. Moopen'S Al Quoz Medical CentreHospital · 4.6 km · about 11 min drive
• Holistic Healing Medical CentreHospital · 5.7 km · about 13 min drive
• Specialist Medical CentreHospital · 6.2 km · about 14 min drive
• Saudi German HospitalHospital · 6.2 km · about 14 min drive
• Dubai London Clinic DubaiHospital · 7.1 km · about 16 min drive

The closest is Falcon Centre and Cultural Sports, 7 km from District One Residences 3 (about 16 min drive).

• Falcon Centre and Cultural SportsSports Academy · 7 km · about 16 min drive
• Falcon Heritage and Sports CentreSports Academy · 7 km · about 16 min drive
• Al Quoz Pond ParkPark · 7.1 km · about 16 min drive
• Global VillagePark · 7.4 km · about 17 min drive
• Meydan Tennis AcademySports Academy · 7.6 km · about 17 min drive

The nearest is Kings School Al Barsha L.L.C, 1 km away. Ratings are the KHDA's latest inspection grades.

• Kings School Al Barsha L.L.CUK · KHDA: Outstanding · 1 km
• GEMS New Millennium School L.L.CUK - Indian · KHDA: Very good · 2.1 km
• GEMS International School Al Khail L.L.CInternational Baccalaureate · KHDA: Good · 2.3 km
• GEMS Wellington Academy Al Khail L.L.CUK · KHDA: Very good · 2.4 km
• Repton Al Barsha Fz-LlcUK · KHDA: Very good · 2.8 km
• Brighton College Dubai L.L.CUK · KHDA: Very good · 3.1 km

Al Merkadh has 155 buildings. A few others to compare District One Residences 3 with:

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