Merano Tower in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Merano Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	34	22,052	750,000
1	60	15,771	953,333

Rents in Merano Tower

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	37	1,486	55,000
1	62	1,251	77,160
2	88	1,155	101,667

The cap rate (rental yield) of investments into Merano Tower project is 7.0% on average.

The price of an apartment in Merano Tower is 17,484 AED/sqm on average.

The long term rent of an apartment in Merano Tower is 1,252 AED/sqm/year on average.

Price for completed Studio apartment in Merano Tower is 750,000 AED or 22,052 AED/sqm.
Price for completed 1 bedroom apartment in Merano Tower is 953,333 AED or 15,771 AED/sqm.

Rent for Studio apartment in Merano Tower is 55,000 AED or 1,486 AED/sqm.
Rent for 1 bedroom apartment in Merano Tower is 77,160 AED or 1,251 AED/sqm.
Rent for 2 bedroom apartment in Merano Tower is 101,667 AED or 1,155 AED/sqm.

About Merano Tower

'Merano Tower' in 'Business Bay' area project description

Merano Tower is a stunning new residential tower located in Dubai, United Arab Emirates. Developed by Merano Property Development, the tower is situated in the heart of the city, offering stunning views of the skyline and the Arabian Gulf. The tower is a luxurious residential development that offers a range of amenities and features, including a fully-equipped gym, a swimming pool, a spa, and a rooftop terrace.

The tower is designed to be a modern and contemporary building, with a sleek and sophisticated look. It features a unique curved façade, which gives the tower a distinctive look. Inside, the tower is designed to be a luxurious and comfortable home for its residents, with spacious and well-appointed apartments. The apartments feature modern and stylish interiors, with high-end finishes and fixtures.

The tower also features a range of amenities and services, including a concierge service, a 24-hour security service, and a valet service. Residents can also enjoy a range of leisure activities, such as a fully-equipped gym, a swimming pool, and a spa. The tower also features a rooftop terrace, which offers stunning views of the city skyline and the Arabian Gulf.

Merano Tower is a luxurious residential development that offers its residents a range of amenities and features, as well as a modern and contemporary design. The tower is situated in the heart of Dubai, offering stunning views of the city skyline and the Arabian Gulf. It is the perfect place to call home for those looking for a luxurious and comfortable lifestyle in the city.

Q&A on Merano Tower

What are the advantages of 'Merano Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Merano Tower is located in the heart of Dubai, offering easy access to the city’s major attractions, such as the Dubai Mall, Dubai Marina, and the Palm Jumeirah.

2. Luxury Amenities: Merano Tower offers a range of luxury amenities, including a swimming pool, gym, and spa.

3. High-End Finishes: The apartments in Merano Tower are finished to a high standard, with quality fixtures and fittings.

4. Affordable Prices: Merano Tower offers competitive prices for its apartments, making it an attractive option for real estate buyers.

5. Investment Potential: Merano Tower is a great option for real estate buyers looking to invest in Dubai’s booming property market.

What projects are better than 'Merano Tower' project in Dubai which are located close by, and why?

1. Paramount Tower Hotel & Residences
- A luxury development by DAMAC Properties
- Offers an array of high-end amenities including a rooftop infinity pool, wellness and fitness facilities, and state-of-the-art spa
- Themed around Hollywood glamour, providing a unique living experience

2. The Opus by Omniyat
- Iconic design by Zaha Hadid with futuristic architecture
- Combines residential, hotel, and office spaces
- High-end amenities including fine dining restaurants, rooftop lounges, and technologically advanced office spaces

3. Executive Towers
- Mixed-use development, well-established in Business Bay
- Features ample retail space, landscaped plazas, and health clubs
- Direct access to the Bay Avenue shopping promenade, enhancing convenience and lifestyle

4. The Atria
- Luxurious twin-tower project by Deyaar
- Comprises residential and hotel apartments, with interiors by YOO Studio
- Attractive leisure options like a stunning infinity pool, fine dining, and a fitness center

5. Bay Square
- Vibrant community offering a blend of residential, office, and retail spaces
- Pedestrian-only zones with landscaped areas and multiple dining options
- Close proximity to Dubai Mall and Downtown Dubai

6. Millennium Binghatti Residences
- Newer development with modern design elements
- Offers luxurious amenities including infinity swimming pool, fully-equipped gym, and children’s play area
- Affordable yet exclusive, catering to various lifestyle needs

7. SLS Dubai Hotel & Residences
- Tallest residential project in Business Bay
- Features chic, elegant design with high-end amenities like a sky lobby, multiple pools, and world-class dining options
- Offers breathtaking views of Downtown Dubai and the Burj Khalifa

Each of these projects offers unique attributes and high-end amenities that make them standout choices over Merano Tower in the Business Bay area.