Provided is a memory device comprising a substrate, a source region, and a drain region that may be formed in the substrate and spaced apart from each other, a memory cell that may be formed on the surface of the substrate, connecting the source region and the drain region, and including a plurality of nanocrystals, wherein the memory cell comprises a first tunneling oxide layer formed on the substrate, and a control oxide layer including a plurality of nanocrystals formed on the tunneling oxide layer and a control gate formed on the memory cell. The memory device may include a polyelectrolyte film which enables a uniform arrangement of nanocrystals. The device characteristics may be controlled and a memory device with improved device characteristics may be provided.