In 1975, the Bălți Executive Committee named the new district Okteabriskoe in honor of the October Revolution, but in the early 1990s the district was renamed Dacia, in reference to the Roman province of Dacia.

Settling on the outskirts of the city, people needed first of all kindergartens, schools, shops and other institutions.

Of the public institutions located in the neighborhood, the most important are: the Center for Preventive Medicine, the Department of Production and Operation of the Housing Fund, and the Center for Temporary Placement and Rehabilitation of Children.

Most of the vocational secondary and secondary education institutions in Bălți such as the Polytechnic College, the College of Light Industry, and several vocational schools, are concentrated in the Dacia neighborhood.

The housing stock of the neighborhood is represented by 5 and 9 story blocks.