Me Do Re Residential Tower — project image
✓ Resale Available

Me Do Re Residential Tower

From AED 22.20M·Completed Jun 2024·20% down payment Payment
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AED 22.20M
Starting Price
Jun 2024
Handover
20% down payment
Payment Plan
4 BR · Penthouse
Type

Project Overview

Me Do Re Residential Tower is a premium luxury project by developer Me Do Re, located in Cluster L of the JLT district, adjacent to the lakeside promenade. The elegant 41-storey tower includes two levels of amenities and a stylish lobby two storeys high. Studios and spacious 1-3 bedroom apartments are available for sale. The interiors are designed in a contemporary style. Panoramic windows are filled with light, allowing for a visually expansive space and breathtaking views of the neighbourhood's amazing vistas. Premium amenities are provided for residents: gym, swimming pool, children's pool, children's playground, sports ground, games room, SPA zone, yoga studio, modern golf simulator "State-of-the-art". In the vicinity of the complex there are public parks, schools, kindergartens, medical centres, shops, basketball courts, floating club for playing paddle, football fields. The complex has good transport accessibility and convenient location. You can walk to IQ007 school and Baby Home kindergarten in just 19 minutes. Marina Mall is a 34-minute walk away. The famous Dubai Marina Street overlooking the skyscrapers is a 15-minute drive away. Burj Khalifa and Dubai Mall are just 22 minutes' drive away. Dubai International Airport is approximately 35 minutes' drive away.

Project Specifications
DeveloperMe Do Re
LocationJumeirah Lake Towers (JLT)
Unit Types4 BR, Penthouse
AreaJumeirah Lake Towers (JLT)
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 957,930 / year
Cash-on-Cash
2.2%
Levered cashflow AED 225,330
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 10.21M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Accessibility for people with disabilities
Broadband Internet
Children’s pool
Covered Parking
Covered gym
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Golf course
Kids Play Area
Kids splash pad
Leisure areas
Lift
Lobby
Prayer room
Recreational areas
Retail outlets
Sauna
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Yoga studio

Location

Me Do Re Residential Tower location map
Project location

Nearby Destinations

Jumeirah Lake Towers (JLT)

Developer and Project Facts

01

Me Do Re Residential Tower by Me Do Re

02

Located in Jumeirah Lake Towers (JLT)

03

Starting from AED 22,200,000

04

Unit mix includes 4 BR, Penthouse

05

Expected handover: Jun 2024

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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