District One Residences 5, Al Merkadh

District One Residences 5 is a mixed-use building in Al Merkadh, Dubai, developed by Meydan. It holds about 123 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2022 and has been in use for about 4 years. 6 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,243 per sq ft.

District One Residences 5 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 Q4 2022
• Unit types: 1 Bed, 2 Beds, 3 Beds, Commercial
• Sizes from 60 to 2,700 sq ft
• Views: Community View
• Service charge from AED 14.65 per sq ft
• Business Bay metro station 4.3 km away

Status

Ready

Developer

Meydan

Location

Al Merkadh, Dubai

Completed

Q4 2022

Unit types

1 Bed, 2 Beds, 3 Beds, Commercial

Prices from

AED 1.2M

Median price per sq ft

AED 2,243

Median gross yield

6.0%

Service charge

AED 14.65 per sq ft (2026)

Nearest metro

District 1, 0.3 km

• 
• 
• 
• 
• 
• 
• 
• +6

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

• 1-bedroom apartments: AED 1.4M to AED 2.3M (750 to 1,163 sq ft), across 17 sales
• 2-bedroom apartments: AED 2.5M to AED 3.6M (1,308 to 1,310 sq ft), across 2 sales
• 3-bedroom apartments: one sale at AED 4.0M (1,784 sq ft)

1-bedroom homes in District One Residences 5 were let for AED 84.0K to AED 113.0K a year across 5 recent contracts, with a median of AED 105.0K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 84.0K to AED 113.0K a year (750 to 766 sq ft), across 5 contracts
• 2-bedroom apartments: AED 150.0K a year (1,310 sq ft)

Every sale in District One Residences 5Every rent contract in District One Residences 5

The 2026 service charge in District One Residences 5 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 5 is Business Bay (red line, 4.3 km, about 11 min drive), then Burj Khalifa/Dubai Mall (red line, 4.7 km, about 11 min drive). Stations planned on new lines nearby include District 1 (golden line, 0.3 km, about 4 min walk) and District 1 near High Speed Rail line (golden line, 1.7 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

• District 1Golden line · 0.3 km · about 4 min walk
• District 1 near High Speed Rail lineGolden line · 1.7 km · about 5 min drive
• Nad Al ShebaGolden line · 1.7 km · about 5 min drive
• Burj Khalifa RoadGolden line · 3.4 km · about 9 min drive
• Business Bay InterchangeGolden line · 4.3 km · about 11 min drive
• Business BayRed line · 4.3 km · about 11 min drive

The closest is Spinneys / south bridge downtowne Dubai, 2.9 km from District One Residences 5 (about 8 min drive).

• Spinneys / south bridge downtowne DubaiSupermarket · 2.9 km · about 8 min drive
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 3.6 km · about 9 min drive
• Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 3.7 km · about 9 min drive
• Spinneys/ Ontario TowerSupermarket · 3.7 km · about 9 min drive
• Spinneys / The Executive TowersSupermarket · 3.8 km · about 10 min drive

The closest is Meydan Hotel, 1.4 km from District One Residences 5 (about 5 min drive).

• Meydan HotelHotel · 1.4 km · about 5 min drive
• Shiba RestaurantRestaurant · 1.4 km · about 5 min drive
• Maward RestaurantRestaurant · 2.7 km · about 7 min drive
• Al Manzil HotelHotel · 3.3 km · about 9 min drive
• Vida Hotels and ResortsHotel · 3.3 km · about 9 min drive

The closest is Dr. Moopen'S Al Quoz Medical Centre, 5.1 km from District One Residences 5 (about 12 min drive).

• Dr. Moopen'S Al Quoz Medical CentreHospital · 5.1 km · about 12 min drive
• Medcare HospitalHospital · 5.3 km · about 13 min drive
• Al Amal HospitalHospital · 5.5 km · about 13 min drive
• Emirates HospitalHospital · 6.5 km · about 15 min drive
• Neuro Spinal hospitalHospital · 6.7 km · about 15 min drive

The closest is Falcon Heritage and Sports Centre, 1.3 km from District One Residences 5 (about 5 min drive).

• Falcon Heritage and Sports CentreSports Academy · 1.3 km · about 5 min drive
• Meydan TheatreTheatre House · 1.3 km · about 5 min drive
• Falcon Centre and Cultural SportsSports Academy · 1.3 km · about 5 min drive
• Meydan Grandstand and RacecourseStadium · 1.4 km · about 5 min drive
• Meydan Tennis AcademySports Academy · 1.7 km · about 5 min drive

The nearest is Bilingual French International School L.L.C-FZ, 1.5 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 · 1.5 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
• Dubai International Private School - BrAmerican · KHDA: Good · 2.9 km
• Rashid and Latifa SchoolUK · KHDA: Not inspected yet · 2.9 km
• GEMS Our Own Indian SchoolIndian · KHDA: Very good · 3.1 km

Al Merkadh has 155 buildings. A few others to compare District One Residences 5 with:

• Ready

  Azizi Riviera 1

  Al Merkadh · Azizi

  Completed 2024

• Ready

  Azizi Riviera 10

  Al Merkadh · Azizi

  Completed 2022

• Ready

  Azizi Riviera 11

  Al Merkadh · Azizi

  Completed 2022

• Ready

  Azizi Riviera 12

  Al Merkadh · Azizi

  Completed 2022

• Ready

  Azizi Riviera 13

  Al Merkadh · Azizi

  Completed 2022

• Ready

  Azizi Riviera 14

  Al Merkadh · Azizi

  Completed 2023