
Merano Tower is a residential project by DAMAC Properties, located in the Business Bay district. The building includes four basement levels, a ground floor, a podium level and twenty-eight residential floors. The architecture is designed in a contemporary minimalist style with an emphasis on clean lines and panoramic glazing. The project features studios and one-, two-, and three-bedroom apartments. Interiors are designed in a modern aesthetic using a neutral color palette and high-quality materials. The spaces are defined by functionality, while panoramic windows provide a high level of natural light and offer views of the city skyline and the canal. Residents benefit from infrastructure designed for everyday comfort, including a swimming pool, fitness center, landscaped green areas, an elegant lobby with a reception, parking, and 24/7 security. The location in Business Bay allows for quick access to key destinations across the city. Dubai Mall and Burj Khalifa are 9 minutes away, Jumeirah Beach — also 9 minutes, Mall of the Emirates and an international school — 10 minutes, Dubai International Airport — 13 minutes, Burj Al Arab — 14 minutes, and Palm Jumeirah and Dubai Yacht Harbour — 16 minutes.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Merano Tower launch basis | 1,756 | AED 1.58M | Current launch / asking basis |
| Business Bay ready-stock comps | 1,900 | AED 1.71M | Indicative resale benchmark |
| Business Bay premium peer launches | 2,350 | AED 2.12M | New-launch peer set |
| Trophy alternative proxy | 2,950 | AED 2.65M | Higher-end anchor for negotiation context |








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Business Bay
Merano Tower by Damac Properties
Located in Business Bay
Starting from AED 1,580,000
Unit mix includes 1 BR, Apartments
Expected handover: Jan 2020
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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