District One Residences - Meydan District One  

District One Residences is a collection of one, two, and three bedroom apartments located in a gated community within District One Meydan. Meydan District One is considered to be one of the most luxurious developments in Dubai. The project is located right behind Downtown Dubai & Business Bay along Al Khail Road and will be one of the signature projects within Mohammad bin Rashid City.

Master Community: Meydan District One
Property Types Available: Apartments
Location: Al Khail Road
Status: Under Construction
Year Launched: 2017
Estimated Completion Date: December 2019
Developer: Meydan-Sobha
Title Type: Freehold
Quality Classification: High-end
Height Classification: Mid-rise
Life Cycle: Under Construction
Special Classification: Water-front Community, Residential Building

Investment Feasibility & Decision Drivers

Snapshot summary for investing in District One Residences

Investment Score

Value for Money
80%
Project Uniqueness
85%
Location & Connectivity
80%
Rental Yield Expectation
70%
Capital Growth Expectation
75%
More information on investment scores

Total Score

Synopsis

Sale Status: Partially sold out. Units available.

Payment Plan: Average payment-plan

Ideal for: End-Users & Investors

Price Range: AED 1,600 PSF - AED 1,700 PSF

Unit Types Available: Apartment

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What Our Experts Think

District One Residences are a collection of G+4 to G+16 towers featuring one, two, and three bedroom luxury apartments in the gated DIstrcit One community overlooking the lagoon and Downtown Dubai skyline. Prices start from around AED 1.1 million and the developer is offering a 50-50 payment plan, with 50% due at the time of completion.

District One Meydan is probably one of the most luxurious communities coming up in Dubai and is located in close proximity to the center of the city, Downtown Dubai.

Want to own an apartment in Meydan District One?

One, Two, & Three bedroom apartments in The Residences - District One. 70:30 Payment Plan

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About District One Residences

Overview

District One - The Residences is a residential, gated community communityfeaturing one, two, and three-bedroom apartments located within low andmid-rise towers. The development is located within the District One Meydan development.The towers range from four to sixteen storeys and offerbeautiful views of the crystal lagoon, as well as the green spaces around thecommunity. The apartments wil have floor-to-celiing windows to allow fornatural light to flow into the apartment, as well as, offer views of the lagoonand skyline. The development will also have a health centre, community area,super markets and retail, boardwalk, community parks, as well as a school andnursery. These are luxury apartments located in close proximity toDowntown Dubai.

Unit Sizes

BedroomSize Range
1 Bedroom 738 sq. ft. 
2 Bedroom + Maid1,263 sq. ft. 
3 Bedroom + Maid1,736 sq. ft. 


Pricing

  • 1 Bedroom from AED 1,179,920
  • 2 Bedrooms + Maid from AED 2,083,845
  • 3 Bedrooms + Maid from AED 2,863,845 


Payment Plan 



10% Down Payment
5%Upon 20% construction completion
5% Upon 30% construction completion
10% Upon 40% construction completion
10%Upon 50% construction completion
10% Upon 60% construction completion
50%Upon completion (Q4-2019)


About District One, Meydan

When completed, District One will probably be Dubai’s premiere residential address rivaling the VIP addresses of Jumeirah, Palm Jumeirah, Emirates Hills and certain clusters within Dubai Hills Estates.  

District One features mansions, luxury villas, and apartments. 

District One is a part of Mohammad bin Rashid City which stretches from one end of Al Khail Road to another. This particular project, called District 1, is a joint venture between Sobha Developers and Meydan. It is located directly behind Business Bay and Downtown Burj Dubai. As per Developer press-releases, a total of 1,500 villas will be released over four phases. The entire project will probably be completed by 2020. 

One of the main features of the project is a 7 KM lagoon to be constructed by pool technology company Crystal Lagoons. 


Villas & Mansions Unit Sizes

BedroomSize Range
4 Bedrooms Villas6,144sqft – 6,974sqft
5 Bedrooms Villas7,540sqft – 9,157sqft
6 Bedrooms Villas9,579sqft – 11,096sqft

7 Bedrooms Mansion16,363sqft – 27,344sqft
8 Bedrooms Mansion34,593sqft – 37,472sqft

Pricing:

  • 4 Bedrooms Villas from AED 14 million to AED 14.7 million
  • 5 Bedrooms Villas from AED 16.5 million to AED 20 million
  • 6 Bedrooms Villas from AED 21 million to AED 26 million
  • 7 Bedrooms Mansions from AED 42 million to AED 75 million
  • 8 Bedrooms Mansions from AED 90 million to AED 100 million 

Dubai Land Classification & Escrow Account Details:

Land Number: 290

Project Number: 1703

Real Estate Developer: MEYDAN SOBHA

Trust Account Number: 18149526

Account Trustee Name: ABU DHABI ISLAMIC BANK

RERA Permit No:: 15128

Brokerage Firm: Taktical Realty Group LLC

Amenities of District One Residences

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