Project Summary

Project Name:

Merano Tower


Location

Business Bay


Developer

Damac


Handover Date:

Q1 2020


Type:

Apartment


Bedroom(s):

2 Bedrooms


Average Area:

892 SQFT


Average Price:

1535000


Price/Sqft:

1720.85 AED


Payment Plan

During Construction

40%

On Handover

10%

Post handover

50%

Damac

Merano Tower

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About the Project

Merano Tower is a paradigm of urban architecture and design. The 29-storey residential tower is located in Business Bay, right in the centre of Dubai. Every corner of your home is planned to perfection and each luxury is detailed beyond compare; and you’ll enjoy spectacular views of the surrounding neighbourhood from every apartment.

The striking residential tower provides direct access to Dubai’s business district, with close proximity to the prestigious platinum square kilometre of the Burj area. You can easily stay connected to the city and its attractions, with two metro stations and two major highways right at your doorstep.

 As a centre of commerce, Business Bay is to Dubai what Manhattan and Ginza are to New York and Tokyo. With the legendary, and now extended, Dubai Creek running through it, the development embodies Dubai’s progress and its crucial role in the emirate’s past as well its future.

The Burj area is an upscale mixed-use community combining commercial, residential, hospitality, entertainment, shopping and leisure facilities in open green spaces scattered with lakes and fountains. An inspired urban concept, this illustrious part of town is home to the world’s tallest tower, its largest shopping mall, iconic fountains and a host of other first-class amenities.


Facilities

 

About Location

Business Bay is a central business district located besides Downtown Dubai, United Arab Emirates. The project features numerous skyscrapers located in an area where Dubai Creek has been dredged and extended. Business Bay will have upwards of 240 buildings, comprising commercial and residential developments.The entire development covers an area of 46,900,000 sq ft (4,360,000 m2), and the gross leasable area is 78,500,000 sq ft (7,290,000 m2). The projected population of the entire development is more than 191,000, and the estimated population of employers and others is 110,000, making the total population more than 300,000

About the Developer

Damac properties are one of the leading luxury developers in the Middle East since 2002 they have delivered to more than 18500 customers with a development portfolio of more than 40,000 units at various stages of progress and the number grows daily. The developers pride itself on its uncompromising commitment to service excellence.  The highly experienced management team of directors and senior managers has significant experience in the real estate and construction industry. The company has also released two master developments in Dubai, totalling nearly 100 million square feet between them. In January 2017, DAMAC Properties had awarded more than 370 contracts worth AED 3.5 billion. The contracts included construction, supplier and consultancy services across its portfolio of developments.

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