District One Residences 7, Al Merkadh

District One Residences 7 is a mixed-use building in Al Merkadh, Dubai, developed by Meydan. It holds about 136 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 2023 and has been in use for about 3 years. 3 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,047 per sq ft.

District One Residences 7 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 Q3 2023
• Unit types: 1 Bed, 2 Beds, 3 Beds, Commercial
• Sizes from 60 to 2,680 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, 3 Beds, Commercial

Prices from

AED 1.3M

Median price per sq ft

AED 2,047

Median gross yield

6.8%

Service charge

AED 14.65 per sq ft (2026)

Nearest metro

District 1 near High Speed Rail line, 0.9 km

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

• 2-bedroom apartments: AED 601.7K to AED 3.9M (1,168 to 2,122 sq ft), across 12 sales
• 1-bedroom apartments: AED 900.0K to AED 1.7M (765 to 833 sq ft), across 8 sales

A recent 2-bedroom contract in District One Residences 7 was let for AED 125.0K a year.

Yearly rents from recent registered contracts, by unit type:

• 2-bedroom apartments: AED 125.0K a year (1,185 sq ft)
• 3-bedroom apartments: AED 215.0K a year (1,921 sq ft)

Every sale in District One Residences 7Every rent contract in District One Residences 7

The 2026 service charge in District One Residences 7 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 7 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

The closest is Spinneys / south bridge downtowne Dubai, 1.8 km from District One Residences 7 (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

The closest is Maward Restaurant, 1.2 km from District One Residences 7 (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

The closest is Medcare Hospital, 3.6 km from District One Residences 7 (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

The closest is Al Quoz Pond Park, 1.1 km from District One Residences 7 (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

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

Al Merkadh has 155 buildings. A few others to compare District One Residences 7 with:

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  Azizi Riviera 1

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  Azizi Riviera 10

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  Azizi Riviera 11

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  Azizi Riviera 12

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  Completed 2022

• Ready

  Azizi Riviera 13

  Al Merkadh · Azizi

  Completed 2022

• Ready

  Azizi Riviera 14

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