Project Overview
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.
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.
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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Astraterra Properties
Official Documents
Download official marketing materials from Damac Properties.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Business Bay
Nearby Destinations
Developer and Project Facts
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
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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