Me Do Re Residential Tower
✓ 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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 957,930 / year
Cash-on-Cash
1.8%
Levered cashflow AED 225,330
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 1.44M / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Me Do Re Residential Tower launch basis24,667AED 22.20MCurrent launch / asking basis
Jumeirah Lake Towers (JLT) ready-stock comps1,500AED 1.35MIndicative resale benchmark
Jumeirah Lake Towers (JLT) premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Me Do Re Residential Tower official render 1

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Me Do Re Residential Tower official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Me Do Re.

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Payment Structure

20% down payment

Flexible Payment

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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

Jumeirah Lake Towers (JLT)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Lake Towers (JLT)Jumeirah Lake Towers (JLT)Dubai, UAE

Developer Track Record

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

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