ReadyReady building · Meydan
District One Villas, Phase 2, Al Merkadh
Highlights
District One Villas, Phase 2 at a glance
About District One Villas, Phase 2
District One Villas, Phase 2 is a mixed-use building in Al Merkadh, Dubai, developed by Meydan. It holds about 241 units: 4-bedroom apartments, 5-bedroom apartments, 6-bedroom apartments, 7-bedroom apartments, 8-bedroom apartments, commercial units. Depending on the unit, windows look out over Burj Khalifa.
The building was completed in 2020 and has been in use for about 6 years. 9 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 3,139 per sq ft.
District One Villas, Phase 2 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 2020
- Unit types: 4 Beds, 5 Beds, 6 Beds, 7 Beds, 8 Beds, Commercial
- Sizes from 530 to 47,100 sq ft
- Views: Burj Khalifa
- Service charge from AED 5.28 per sq ft
- Business Bay metro station 5 km away
- Status
- Ready
- Developer
- Meydan
- Location
- Al Merkadh, Dubai
- Completed
- Q3 2020
- Unit types
- 4 Beds, 5 Beds, 6 Beds, 7 Beds, 8 Beds, Commercial
- Prices from
- AED 6.8M
- Median price per sq ft
- AED 3,139
- Service charge
- AED 5.28 per sq ft (2023)
- Nearest metro
- Nad Al Sheba, 0.8 km
Photos of District One Villas, Phase 2
Building details
Inside District One Villas, Phase 2
Properties in District One Villas, Phase 2
4-bedroom apartments in District One Villas, Phase 2
There are about 89 of these in District One Villas, Phase 2, from 7,530 to 10,860 sq ft. They have recently sold for a median of AED 22.0M, or AED 3,330 per sq ft. Owners who resold made a median 11% over what they paid.
5-bedroom apartments in District One Villas, Phase 2
There are about 93 of these in District One Villas, Phase 2, from 8,280 to 15,630 sq ft. They have recently sold for a median of AED 21.9M, or AED 2,770 per sq ft.
6-bedroom apartments in District One Villas, Phase 2
There are about 37 of these in District One Villas, Phase 2, from 12,110 to 21,760 sq ft. None has sold recently enough to quote a price.
7-bedroom apartments in District One Villas, Phase 2
There are about 14 of these in District One Villas, Phase 2, from 16,030 to 33,260 sq ft. None has sold recently enough to quote a price.
8-bedroom apartments in District One Villas, Phase 2
There are about 4 of these in District One Villas, Phase 2, from 34,960 to 47,100 sq ft. None has sold recently enough to quote a price.
Commercial units in District One Villas, Phase 2
There are about 4 of these in District One Villas, Phase 2, from 530 to 3,720 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 4 Beds | 89 | 7,530 sqft699.6 sqmt – 10,860 sqft1,008.9 sqmt | AED 22M | AED 875K |
| 5 Beds | 93 | 8,280 sqft769.2 sqmt – 15,630 sqft1,452.1 sqmt | AED 21.9M | AED 1.4M |
| 6 Beds | 37 | 12,110 sqft1,125.1 sqmt – 21,760 sqft2,021.6 sqmt | No recent sales | AED 1.8M |
| 7 Beds | 14 | 16,030 sqft1,489.2 sqmt – 33,260 sqft3,090 sqmt | No recent sales | – |
| 8 Beds | 4 | 34,960 sqft3,247.9 sqmt – 47,100 sqft4,375.7 sqmt | No recent sales | – |
| Commercial | 4 | 530 sqft49.2 sqmt – 3,720 sqft345.6 sqmt | No recent sales | – |
Sale trends in District One Villas, Phase 2
Median sale price
AED 22M
Median per sq ft
AED 3,139
Price ranges from the most recent registered sales, by unit type:
- 5-bedroom apartments: AED 20.0M to AED 32.0M (8,389 to 10,624 sq ft), across 9 sales
- 4-bedroom apartments: AED 17.8M to AED 30.0M (7,665 to 9,640 sq ft), across 8 sales
- 7-bedroom apartments: AED 67.0M to AED 110.0M (18,217 to 22,858 sq ft), across 2 sales
- 6-bedroom apartments: one sale at AED 46.0M (14,098 sq ft)
Rental trends in District One Villas, Phase 2
5-bedroom homes in District One Villas, Phase 2 were let for AED 750.0K to AED 2.0M a year across 3 recent contracts, with a median of AED 1.4M.
Yearly rents from recent registered contracts, by unit type:
- 5-bedroom apartments: AED 750.0K to AED 2.0M a year (8,575 to 9,042 sq ft), across 3 contracts
- 4-bedroom apartments: AED 875.0K a year (9,066 sq ft)
- 6-bedroom apartments: AED 1.8M a year (12,787 sq ft)
Recent transactions in District One Villas, Phase 2
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 20,700,000AED 3,129 /sqftAED 33,680 /sqmt | 9,533 sqft885.6 sqmt4 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 24,850,000AED 3,149 /sqftAED 33,896 /sqmt | 10,624 sqft987 sqmt5 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 22,000,000AED 3,328 /sqftAED 35,822 /sqmt | 9,640 sqft895.6 sqmt4 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 20,000,000AED 2,537 /sqftAED 27,308 /sqmt | 8,389 sqft779.4 sqmt5 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 20,500,000AED 2,595 /sqftAED 27,932 /sqmt | 9,148 sqft849.9 sqmt5 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 22,100,000AED 3,434 /sqftAED 36,963 /sqmt | 7,665 sqft712.1 sqmt4 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 25,000,000AED 3,181 /sqftAED 34,240 /sqmt | 8,612 sqft800.1 sqmt5 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 21,750,000AED 2,882 /sqftAED 31,022 /sqmt | 8,584 sqft797.5 sqmt5 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 22,000,000AED 2,653 /sqftAED 28,557 /sqmt | 8,564 sqft795.6 sqmt5 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 20,500,000AED 2,471 /sqftAED 26,598 /sqmt | 9,120 sqft847.3 sqmt5 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 17,800,000AED 2,739 /sqftAED 29,482 /sqmt | 7,858 sqft730 sqmt4 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 30,000,000AED 4,539 /sqftAED 48,857 /sqmt | 9,640 sqft895.6 sqmt4 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 46,000,000AED 4,524 /sqftAED 48,696 /sqmt | 14,098 sqft1,309.7 sqmt6 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 67,000,000AED 3,655 /sqftAED 39,342 /sqmt | 18,217 sqft1,692.4 sqmt7 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 19,000,000AED 2,854 /sqftAED 30,720 /sqmt | 7,896 sqft733.6 sqmt4 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 32,000,000AED 4,065 /sqftAED 43,755 /sqmt | 8,470 sqft786.9 sqmt5 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 110,000,000AED 4,064 /sqftAED 43,745 /sqmt | 22,858 sqft2,123.6 sqmt7 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 18,000,000AED 2,722 /sqftAED 29,299 /sqmt | 7,992 sqft742.5 sqmt4 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 27,250,000AED 3,607 /sqftAED 38,825 /sqmt | 9,994 sqft928.5 sqmt5 Beds | Owner |
| District One Villas Phase 2, Al MerkadhReadyVilla | AED 19,000,000AED 2,872 /sqftAED 30,914 /sqmt | 8,920 sqft828.7 sqmt4 Beds | Owner |
District One Villas Phase 2
Al Merkadh
AED 20.7M
AED 3,129 /sqftAED 33,680 /sqmt
ReadyVilla9,533 sqft885.6 sqmt4 BedsOwner29 Oct 2026District One Villas Phase 2
Al Merkadh
AED 24.9M
AED 3,149 /sqftAED 33,896 /sqmt
ReadyVilla10,624 sqft987 sqmt5 BedsOwner6 Oct 2026District One Villas Phase 2
Al Merkadh
AED 22M
AED 3,328 /sqftAED 35,822 /sqmt
ReadyVilla9,640 sqft895.6 sqmt4 BedsOwner5 Oct 2026District One Villas Phase 2
Al Merkadh
AED 20M
AED 2,537 /sqftAED 27,308 /sqmt
ReadyVilla8,389 sqft779.4 sqmt5 BedsOwner3 Jul 2026District One Villas Phase 2
Al Merkadh
AED 20.5M
AED 2,595 /sqftAED 27,932 /sqmt
ReadyVilla9,148 sqft849.9 sqmt5 BedsOwner2 Jun 2026District One Villas Phase 2
Al Merkadh
AED 22.1M
AED 3,434 /sqftAED 36,963 /sqmt
ReadyVilla7,665 sqft712.1 sqmt4 BedsOwner12 Jan 2026District One Villas Phase 2
Al Merkadh
AED 25M
AED 3,181 /sqftAED 34,240 /sqmt
ReadyVilla8,612 sqft800.1 sqmt5 BedsOwner5 Dec 2025District One Villas Phase 2
Al Merkadh
AED 21.8M
AED 2,882 /sqftAED 31,022 /sqmt
ReadyVilla8,584 sqft797.5 sqmt5 BedsOwner13 Nov 2025District One Villas Phase 2
Al Merkadh
AED 22M
AED 2,653 /sqftAED 28,557 /sqmt
ReadyVilla8,564 sqft795.6 sqmt5 BedsOwner7 Nov 2025District One Villas Phase 2
Al Merkadh
AED 20.5M
AED 2,471 /sqftAED 26,598 /sqmt
ReadyVilla9,120 sqft847.3 sqmt5 BedsOwner3 Nov 2025District One Villas Phase 2
Al Merkadh
AED 17.8M
AED 2,739 /sqftAED 29,482 /sqmt
ReadyVilla7,858 sqft730 sqmt4 BedsOwner13 Oct 2025District One Villas Phase 2
Al Merkadh
AED 30M
AED 4,539 /sqftAED 48,857 /sqmt
ReadyVilla9,640 sqft895.6 sqmt4 BedsOwner9 Oct 2025District One Villas Phase 2
Al Merkadh
AED 46M
AED 4,524 /sqftAED 48,696 /sqmt
ReadyVilla14,098 sqft1,309.7 sqmt6 BedsOwner9 Oct 2025District One Villas Phase 2
Al Merkadh
AED 67M
AED 3,655 /sqftAED 39,342 /sqmt
ReadyVilla18,217 sqft1,692.4 sqmt7 BedsOwner25 Sept 2025District One Villas Phase 2
Al Merkadh
AED 19M
AED 2,854 /sqftAED 30,720 /sqmt
ReadyVilla7,896 sqft733.6 sqmt4 BedsOwner23 Sept 2025District One Villas Phase 2
Al Merkadh
AED 32M
AED 4,065 /sqftAED 43,755 /sqmt
ReadyVilla8,470 sqft786.9 sqmt5 BedsOwner19 Sept 2025District One Villas Phase 2
Al Merkadh
AED 110M
AED 4,064 /sqftAED 43,745 /sqmt
ReadyVilla22,858 sqft2,123.6 sqmt7 BedsOwner17 Sept 2025District One Villas Phase 2
Al Merkadh
AED 18M
AED 2,722 /sqftAED 29,299 /sqmt
ReadyVilla7,992 sqft742.5 sqmt4 BedsOwner21 Aug 2025District One Villas Phase 2
Al Merkadh
AED 27.3M
AED 3,607 /sqftAED 38,825 /sqmt
ReadyVilla9,994 sqft928.5 sqmt5 BedsOwner8 Aug 2025District One Villas Phase 2
Al Merkadh
AED 19M
AED 2,872 /sqftAED 30,914 /sqmt
ReadyVilla8,920 sqft828.7 sqmt4 BedsOwner24 Jul 2025
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| District One Villas Phase 2, Al MerkadhVillaNew contract | AED 750,000 | 8,643 sqft803 sqmt5 Beds | to |
| District One Villas Phase 2, Al MerkadhVillaRenewal | AED 875,000 | 9,066 sqft842.3 sqmt4 Beds | to |
| District One Villas Phase 2, Al MerkadhVillaNew contract | AED 1,350,000 | 9,042 sqft840 sqmt5 Beds | to |
| District One Villas Phase 2, Al MerkadhVillaRenewal | AED 1,800,000 | 12,787 sqft1,188 sqmt6 Beds | to |
| District One Villas Phase 2, Al MerkadhVillaNew contract | AED 2,000,000 | 8,575 sqft796.6 sqmt5 Beds | to |
District One Villas Phase 2
Al Merkadh
AED 750K/yr
VillaNew contract8,643 sqft803 sqmt5 BedstoDistrict One Villas Phase 2
Al Merkadh
AED 875K/yr
VillaRenewal9,066 sqft842.3 sqmt4 BedstoDistrict One Villas Phase 2
Al Merkadh
AED 1.4M/yr
VillaNew contract9,042 sqft840 sqmt5 BedstoDistrict One Villas Phase 2
Al Merkadh
AED 1.8M/yr
VillaRenewal12,787 sqft1,188 sqmt6 BedstoDistrict One Villas Phase 2
Al Merkadh
AED 2M/yr
VillaNew contract8,575 sqft796.6 sqmt5 Bedsto
Every sale in District One Villas, Phase 2Every rent contract in District One Villas, Phase 2
Service charges in District One Villas, Phase 2
The 2023 service charge in District One Villas, Phase 2 is AED 5.28 per sq ft for homes. 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 |
|---|---|---|---|
| 4 Beds Villa (2023) | AED 5.28 | 7,530 sqft699.6 sqmt – 10,860 sqft1,008.9 sqmt | AED 39,758 – AED 57,341 |
| 5 Beds Villa (2023) | AED 5.28 | 8,280 sqft769.2 sqmt – 15,630 sqft1,452.1 sqmt | AED 43,718 – AED 82,526 |
| 6 Beds Villa (2023) | AED 5.28 | 12,110 sqft1,125.1 sqmt – 21,760 sqft2,021.6 sqmt | AED 63,941 – AED 114,893 |
| 7 Beds Villa (2023) | AED 5.28 | 16,030 sqft1,489.2 sqmt – 33,260 sqft3,090 sqmt | AED 84,638 – AED 175,613 |
| 8 Beds Villa (2023) | AED 5.28 | 34,960 sqft3,247.9 sqmt – 47,100 sqft4,375.7 sqmt | AED 184,589 – AED 248,688 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around District One Villas, Phase 2
Transportation near District One Villas, Phase 2
The nearest Dubai Metro station from District One Villas, Phase 2 is Business Bay (red line, 5 km, about 12 min drive), then Noor Islamic Bank (red line, 5 km, about 12 min drive). Stations planned on new lines nearby include Nad Al Sheba (golden line, 0.8 km, about 10 min walk) and District 1 (golden line, 2 km, about 6 min drive). Most residents will drive or take a taxi to the metro.
- Nad Al ShebaGolden line · 0.8 km · about 10 min walk
- District 1Golden line · 2 km · about 6 min drive
- District 1 near High Speed Rail lineGolden line · 3.1 km · about 8 min drive
- Dubai HillsGolden line · 4 km · about 10 min drive
- Burj Khalifa RoadGolden line · 4.5 km · about 11 min drive
- Business Bay InterchangeGolden line · 5 km · about 12 min drive
Shopping and groceries near District One Villas, Phase 2
The closest is Grand Mall, 3.2 km from District One Villas, Phase 2 (about 8 min drive).
- Grand MallShopping Mall · 3.2 km · about 8 min drive
- Al Khail MallShopping Mall · 3.2 km · about 8 min drive
- Spinneys / south bridge downtowne DubaiSupermarket · 4.2 km · about 10 min drive
- Spinneys/ Ontario TowerSupermarket · 4.3 km · about 11 min drive
- Spinneys / The Executive TowersSupermarket · 4.6 km · about 11 min drive
Restaurants and hotels near District One Villas, Phase 2
The closest is Meydan Hotel, 2.4 km from District One Villas, Phase 2 (about 7 min drive).
- Meydan HotelHotel · 2.4 km · about 7 min drive
- Shiba RestaurantRestaurant · 2.6 km · about 7 min drive
- Maward RestaurantRestaurant · 3.6 km · about 9 min drive
- Oberoi HotelHotel · 4.3 km · about 11 min drive
- JW Marriott Marquis Business BayHotel · 4.5 km · about 11 min drive
Hospitals and clinics near District One Villas, Phase 2
The closest is Dr. Moopen'S Al Quoz Medical Centre, 3.4 km from District One Villas, Phase 2 (about 9 min drive).
- Dr. Moopen'S Al Quoz Medical CentreHospital · 3.4 km · about 9 min drive
- Medcare HospitalHospital · 5.2 km · about 12 min drive
- Al Amal HospitalHospital · 6.4 km · about 15 min drive
- Neuro Spinal hospitalHospital · 6.4 km · about 15 min drive
- Medwin Medical CenterHospital · 6.5 km · about 15 min drive
Parks and leisure near District One Villas, Phase 2
The closest is Falcon Heritage and Sports Centre, 1.3 km from District One Villas, Phase 2 (about 5 min drive).
- Falcon Heritage and Sports CentreSports Academy · 1.3 km · about 5 min drive
- Falcon Centre and Cultural SportsSports Academy · 1.3 km · about 5 min drive
- Al Quoz Pond ParkPark · 1.9 km · about 6 min drive
- Meydan Tennis AcademySports Academy · 2.2 km · about 6 min drive
- Meydan TheatreTheatre House · 2.4 km · about 7 min drive
Schools near District One Villas, Phase 2
The nearest is Bilingual French International School L.L.C-FZ, 2.1 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 · 2.1 km
- Springdales School L.L.CUK - Indian · KHDA: Good · 2.5 km
- Dubai International Private School - BrAmerican · KHDA: Good · 2.8 km
- Clarion School L.L.CAmerican · KHDA: Good · 2.8 km
- Credence High School L.L.CIndian · KHDA: Very good · 2.9 km
- Ambassador International Academy L.L.CInternational Baccalaureate - UK* - UK/IB · KHDA: Good · 3 km
Other buildings in Al Merkadh
Al Merkadh has 155 buildings. A few others to compare District One Villas, Phase 2 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about District One Villas, Phase 2
In its favour
- Owners who resold have made money: a median gain of up to 11%.
- 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 5 km away, so a car helps.
Specialists
Brokers who know District One Villas, Phase 2
These brokers handle sales and lettings in District One Villas, Phase 2 and can tell you what is available now.
Vimbainashe Ruzvidzo
Property Advisor
Nazik Oskonova
Associate Director
FAQs
District One Villas, Phase 2: questions answered
Buying, selling or renting in District One Villas, Phase 2?
A broker who works Al Merkadh will tell you what is available and what comparable homes went for.