Residence 1
About Residence 1
(sq. ft.)
Residence 1 is a residential complex located in Meydan, Dubai. The development consists of four four-storey buildings and is part of the larger Meydan Avenue community. The project was developed by Meydan Group, and the architecture design was implemented by AE7. APCC Piling Foundation Contracting was also involved in the complex’s construction. The façade was designed using a sandy brown colour palette.
There are a total of 197 residential units, including one- to two-bedroom apartments that range in size from 917 sq. ft. to 1,528 sq. ft. Properties have bedrooms with adjoining bathrooms, built-in wardrobes, powder rooms, living rooms, kitchens, laundry rooms, panoramic windows, and balconies.
The complex provides a variety of amenities and services, including:
- Covered parking
- Complimentary guest parking
- Gym
- Swimming pool
- Landscaped seating area
- Children’s playground
- Cafes and restaurants on the ground floor
- Central air conditioning
- Spa services
- Concierge services
- Round-the-clock security services
Property Information
- Location Meydan City, Dubai, UAE
- Developer Meydan
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR Apartments
- Area from 917 sq. ft.
- Total Amount of Unit 197
Location
The area does not have any public transportation stops. However, residents can easily travel around using personal vehicles and cabs. Dubai International Airport is located within a 20-minute drive of the residences, and Al Maktoum International Airport can be within a 45-minute drive.
The complex is also located within a 10- to 20-minute drive of several popular destinations, including:
- Meydan Bridge, a wave-shaped bridge with unique lighting
- Dubai Hills Golf Club, an 18-hole golf course that appeals to players of all skill levels
- Meydan One Mall, one of Dubai’s most popular shopping centres with the world’s largest dancing fountain, as well as sports facilities and entertainment venues
The complex is situated near many social, commercial, and leisure facilities, including:
- The Dubai Mall, Alkhail Mall, and AlKhail Gate Community Centre
- West Zone Supermarket and Spinneys HQ-Meydan
- Nad Al Sheba Market
- The Bluez Restaurant, Cut in Half, Calla Cafe, and Tendain Cafe
- International Concept for Education, Hartland International School, and Clarion School
- Access Clinic
- The Track Meydan Golf and Meydan Academy & Driving Range
- Meydan Biking & Running Track
Payback
Meydan Avenue is a relatively new part of Dubai. It is set away from the hustle and bustle of the metropolis. Despite its location, residents have easy access to all of the necessary amenities to ensure a comfortable living environment. Residents can take advantage of local supermarkets, shopping malls, medical clinics, and schools.
Properties in Meydan have a return on investment rate of 5.7%. Annual rental rates range from AED 75,000 (USD 20,000) to AED 102,000 (USD 28,000).
*The price is valid for 2021
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Internet City, Dubai, UAE
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