ReadyReady building · Meydan
District One Residences 31, Al Merkadh
Highlights
District One Residences 31 at a glance
About District One Residences 31
District One Residences 31 is a mixed-use building in Al Merkadh, Dubai, developed by Meydan. It holds about 42 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 1,843 per sq ft.
District One Residences 31 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 Q2 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 4.4 km away
- Status
- Ready
- Developer
- Meydan
- Location
- Al Merkadh, Dubai
- Completed
- Q2 2023
- Unit types
- 1 Bed, 2 Beds, Commercial
- Prices from
- AED 1.4M
- Median price per sq ft
- AED 1,843
- Median gross yield
- 7.4%
- Service charge
- AED 14.65 per sq ft (2026)
- Nearest metro
- District 1, 0.2 km
Building details
Inside District One Residences 31
Properties in District One Residences 31
1-bedroom apartments in District One Residences 31
There are about 26 of these in District One Residences 31, from 770 to 1,600 sq ft. None has sold recently enough to quote a price.
2-bedroom apartments in District One Residences 31
There are about 5 of these in District One Residences 31, from 1,390 to 1,540 sq ft. None has sold recently enough to quote a price.
Commercial units in District One Residences 31
There are about 11 of these in District One Residences 31, from 90 to 130 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 26 | 770 sqft71.5 sqmt – 1,600 sqft148.6 sqmt | No recent sales | – |
| 2 Beds | 5 | 1,390 sqft129.1 sqmt – 1,540 sqft143.1 sqmt | No recent sales | – |
| Commercial | 11 | 90 sqft8.4 sqmt – 130 sqft12.1 sqmt | No recent sales | – |
Sale trends in District One Residences 31
Median sale price
AED 1.5M
Median per sq ft
AED 1,843
Median gross yield
7.4%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 1.4M to AED 2.5M (767 to 1,600 sq ft), across 20 sales
Recent transactions in District One Residences 31
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,459,000AED 1,756 /sqftAED 18,901 /sqmt | 832 sqft77.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,441,000AED 1,843 /sqftAED 19,838 /sqmt | 788 sqft73.2 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,441,000AED 1,843 /sqftAED 19,838 /sqmt | 788 sqft73.2 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,515,000AED 1,975 /sqftAED 21,259 /sqmt | 767 sqft71.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,520,000AED 1,982 /sqftAED 21,334 /sqmt | 767 sqft71.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 2,361,000AED 1,613 /sqftAED 17,362 /sqmt | 1,479 sqft137.4 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,520,000AED 1,982 /sqftAED 21,334 /sqmt | 767 sqft71.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,524,000AED 1,987 /sqftAED 21,388 /sqmt | 767 sqft71.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,445,000AED 1,848 /sqftAED 19,892 /sqmt | 788 sqft73.2 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 2,494,000AED 1,577 /sqftAED 16,975 /sqmt | 1,600 sqft148.6 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,515,000AED 1,975 /sqftAED 21,259 /sqmt | 767 sqft71.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,441,000AED 1,843 /sqftAED 19,838 /sqmt | 788 sqft73.2 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,515,000AED 1,975 /sqftAED 21,259 /sqmt | 767 sqft71.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,459,000AED 1,756 /sqftAED 18,901 /sqmt | 832 sqft77.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,459,000AED 1,756 /sqftAED 18,901 /sqmt | 832 sqft77.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,463,000AED 1,761 /sqftAED 18,955 /sqmt | 832 sqft77.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,459,000AED 1,756 /sqftAED 18,901 /sqmt | 832 sqft77.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,441,000AED 1,843 /sqftAED 19,838 /sqmt | 788 sqft73.2 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,520,000AED 1,982 /sqftAED 21,334 /sqmt | 767 sqft71.3 sqmt1 Bed | Developer |
| (D1) District One Residences 31, Al MerkadhOff-planApartment | AED 1,519,000AED 1,980 /sqftAED 21,313 /sqmt | 767 sqft71.3 sqmt1 Bed | Developer |
(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,756 /sqftAED 18,901 /sqmt
Off-planApartment832 sqft77.3 sqmt1 BedDeveloper30 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.4M
AED 1,843 /sqftAED 19,838 /sqmt
Off-planApartment788 sqft73.2 sqmt1 BedDeveloper29 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.4M
AED 1,843 /sqftAED 19,838 /sqmt
Off-planApartment788 sqft73.2 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,975 /sqftAED 21,259 /sqmt
Off-planApartment767 sqft71.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,982 /sqftAED 21,334 /sqmt
Off-planApartment767 sqft71.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 2.4M
AED 1,613 /sqftAED 17,362 /sqmt
Off-planApartment1,479 sqft137.4 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,982 /sqftAED 21,334 /sqmt
Off-planApartment767 sqft71.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,987 /sqftAED 21,388 /sqmt
Off-planApartment767 sqft71.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.4M
AED 1,848 /sqftAED 19,892 /sqmt
Off-planApartment788 sqft73.2 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 2.5M
AED 1,577 /sqftAED 16,975 /sqmt
Off-planApartment1,600 sqft148.6 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,975 /sqftAED 21,259 /sqmt
Off-planApartment767 sqft71.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.4M
AED 1,843 /sqftAED 19,838 /sqmt
Off-planApartment788 sqft73.2 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,975 /sqftAED 21,259 /sqmt
Off-planApartment767 sqft71.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,756 /sqftAED 18,901 /sqmt
Off-planApartment832 sqft77.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,756 /sqftAED 18,901 /sqmt
Off-planApartment832 sqft77.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,761 /sqftAED 18,955 /sqmt
Off-planApartment832 sqft77.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,756 /sqftAED 18,901 /sqmt
Off-planApartment832 sqft77.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.4M
AED 1,843 /sqftAED 19,838 /sqmt
Off-planApartment788 sqft73.2 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,982 /sqftAED 21,334 /sqmt
Off-planApartment767 sqft71.3 sqmt1 BedDeveloper22 Nov 2022(D1) District One Residences 31
Al Merkadh
AED 1.5M
AED 1,980 /sqftAED 21,313 /sqmt
Off-planApartment767 sqft71.3 sqmt1 BedDeveloper22 Nov 2022
Every sale in District One Residences 31Every rent contract in District One Residences 31
Service charges in District One Residences 31
The 2026 service charge in District One Residences 31 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 | 90 sqft8.4 sqmt – 130 sqft12.1 sqmt | AED 1,319 – AED 1,905 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around District One Residences 31
Transportation near District One Residences 31
The nearest Dubai Metro station from District One Residences 31 is Business Bay (red line, 4.4 km, about 11 min drive), then Burj Khalifa/Dubai Mall (red line, 4.8 km, about 12 min drive). Stations planned on new lines nearby include District 1 (golden line, 0.2 km, about 2 min walk) and Nad Al Sheba (golden line, 1.6 km, about 5 min drive). Most residents will drive or take a taxi to the metro.
- District 1Golden line · 0.2 km · about 2 min walk
- Nad Al ShebaGolden line · 1.6 km · about 5 min drive
- District 1 near High Speed Rail lineGolden line · 1.8 km · about 6 min drive
- Burj Khalifa RoadGolden line · 3.5 km · about 9 min drive
- Business Bay InterchangeGolden line · 4.4 km · about 11 min drive
- Business BayRed line · 4.4 km · about 11 min drive
Shopping and groceries near District One Residences 31
The closest is Spinneys / south bridge downtowne Dubai, 3 km from District One Residences 31 (about 8 min drive).
- Spinneys / south bridge downtowne DubaiSupermarket · 3 km · about 8 min drive
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 3.7 km · about 9 min drive
- Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 3.8 km · about 10 min drive
- Spinneys/ Ontario TowerSupermarket · 3.8 km · about 10 min drive
- Spinneys / The Executive TowersSupermarket · 3.9 km · about 10 min drive
Restaurants and hotels near District One Residences 31
The closest is Meydan Hotel, 1.3 km from District One Residences 31 (about 5 min drive).
- Meydan HotelHotel · 1.3 km · about 5 min drive
- Shiba RestaurantRestaurant · 1.3 km · about 5 min drive
- Maward RestaurantRestaurant · 2.8 km · about 8 min drive
- Al Manzil HotelHotel · 3.4 km · about 9 min drive
- Vida Hotels and ResortsHotel · 3.4 km · about 9 min drive
Hospitals and clinics near District One Residences 31
The closest is Dr. Moopen'S Al Quoz Medical Centre, 5.1 km from District One Residences 31 (about 12 min drive).
- Dr. Moopen'S Al Quoz Medical CentreHospital · 5.1 km · about 12 min drive
- Medcare HospitalHospital · 5.4 km · about 13 min drive
- Al Amal HospitalHospital · 5.6 km · about 13 min drive
- Emirates HospitalHospital · 6.6 km · about 15 min drive
- Neuro Spinal hospitalHospital · 6.8 km · about 16 min drive
Parks and leisure near District One Residences 31
The closest is Falcon Heritage and Sports Centre, 1.2 km from District One Residences 31 (about 14 min walk).
- Falcon Heritage and Sports CentreSports Academy · 1.2 km · about 14 min walk
- Meydan TheatreTheatre House · 1.2 km · about 14 min walk
- Falcon Centre and Cultural SportsSports Academy · 1.2 km · about 14 min walk
- Meydan Grandstand and RacecourseStadium · 1.3 km · about 5 min drive
- Meydan Tennis AcademySports Academy · 1.6 km · about 5 min drive
Schools near District One Residences 31
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
- Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 2.1 km
- North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 2.3 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 · 3.2 km
Other buildings in Al Merkadh
Al Merkadh has 155 buildings. A few others to compare District One Residences 31 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about District One Residences 31
In its favour
- A median gross yield of 7.4% 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 4.4 km away, so a car helps.
Specialists
Brokers who know District One Residences 31
These brokers handle sales and lettings in District One Residences 31 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 31: questions answered
Buying, selling or renting in District One Residences 31?
A broker who works Al Merkadh will tell you what is available and what comparable homes went for.