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MERANO TOWER

Project

DAMAC WORLD REAL ESTATE L.L.C

Project typeBuildings

Master developerالخليج التجاري (ش.ذ.م.م)

Escrow agentبنك ابوظبى التجارى

StatusFinished

Completed100%

Start2015-10-01

Handover2020-02-27

Buildings1

Shop5

PROJECT CONSISTS OF 4B+G+P+28+R RESIDENTIAL BUILDING LOCATED IN BUSINESS BAY. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Buildings

MERANO TOWER 1

Floors29

Apartments576

Shop5

Parking756

Apartments

Studio83

1 B/R398

2 B/R84

3 B/R11

Shop

Shop5

Official sales

Sales from 2015–2026

Number of sale deals829

Apartment828

Median sale price1,054,400 AED

Median price per sqft1,596 AED

Studio123

Median sale price593,000 AED

Median price per sqft1,767 AED

1 B/R561

Median sale price1,052,000 AED

Median price per sqft1,594 AED

2 B/R129

Median sale price1,430,000 AED

Median price per sqft1,571 AED

3 B/R15

Median sale price2,309,000 AED

Median price per sqft1,600 AED

Whole building1

Median sale price85,600,000 AED

Median price per sqft1,301 AED

Official rent

Rent from 2020–2027

Number of rent contracts2,476

Apartment2,455

Studio380

Median year rent52,500 AED

1 bedroom1,712

Median year rent69,000 AED

2 bedrooms326

Median year rent95,000 AED

3 bedrooms37

Median year rent130,000 AED

Shop21