Type of buildings:
PremiumDISTRICT ONE
1 657 140 AED
ID 72
Location:Mohammed Bin Rashid City, Dubai
TypeDevelopment
Completion dateII quarter, 2020 (Completed)
1 bedroommin. 1 657 140 AED
Living space72 m²
Advantages
Completion date
Q2-2020
Starting price
AED 1,1M
16-storey residential project
Downpayment from
10%Location
- Close to the beach
- City center
- City view
- Park/garden view
- Panoramic view
Features
- Smart Home system
- Panoramic windows
- Balcony
- Terrace
- TV
- Internet
- All appliances
- Fully furnished
- Standard finish
- Premium class
Indoor facilities
- Kindergarten
- Restaurant
- Cafe
- Recreation area
- Fitness room
- Golf course
- Elevator
- Covered parking
Outdoor features
- CCTV
- Security
- Children's playground
- School
- Landscaped green area
- Common area with pool
- Running track
- Shop
- Supermarket
Features
Type of development project
District One Residences is an elite gated residential community in Mohammed Bin Rashid City near the Meydan Racecourse, Track Meydan Golf Course and 5–star Meydan Hotel.
District One is a group of buildings each with 5 to 17 floors where apartments with 1, 2 and 3 bedrooms are sold. The apartments have large floor-to-ceiling windows with views of the green gardens and lagoon. Besides apartments, you can also buy spacious villas here.
Originality
The community's master plan includes more than 900 luxury houses as well as 30 residential complexes.
A distinctive feature of District One Residences is the world's largest man-made Crystal Lagoon, which runs through the entire community and provides residents with access to a fantastic beach. The length of the coastline is 7 kilometers.
District One guarantees a unique lifestyle that combines convenience, safety and comfort in everything from the homes to the infrastructure. Community residents will have access to:
- Indoor recreation areas;
- Cycling and running tracks;
- 2,500,000 m2 of open green spaces, parks and gardens;
- Public swimming pools;
- Fitness centers.
Architecture and design
The community is built around the reservoir. Many houses and villas are designed in the same style and organically suit the surrounding space. The designer of the District One concept was the AE7 design agency. They deal with integrating designs into the urban environment.
Economic attractiveness
Real estate in District One has the following:
- Studios and apartments with 1, 2 and 3 bedrooms ranging from 55.74 m2 to 185.81 m2. The cost of apartments varies from AED 1,240,000 ($337,000 - ¥2,140,000) to AED 3,200,000 ($870,400 - ¥5,530,000);
- Villas with 4 bedrooms and 6 bathrooms with an area of 836.13 m2. The cost of the properties starts from AED 8,400,000 ($2,280,000 - ¥14,500,000);
- Villas with 5 bedrooms and 7 bathrooms with an area of 1207.74 m2. The cost of these houses starts from AED 11,250,000 ($3,060,000 - ¥19,490,000).The average rental yield in this area is 6.13% a year for apartments and 5.18% for villas.
Location
Bluemart Hypermarket
8.5 km
School
5.6 km
ATM machine
5.6 km
Burj Khalifa
11.9 km
Pharmacy
9.6 km
Airport
23 km
Museum Of The Future
10.5 km
Beach
30 m
Properties in DISTRICT ONE
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1 657 140 AED1272 m²Completion date II quarter, 2020 (Completed)
Developer
2
Objects completed
2013
Founded in
Meydan Sobha was established as a limited liability company – a 50% free zone company between Meydan and Sobha for the joint venture. Its responsibilities are to develop parks, waterways, forests and open spaces covering 2.4 million square meters...
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