AED 1,150,000
Own this from just
4,730 AED/monthClose to Metro | Great ROI | Open View
Property Details:
- 1 Bedroom Apartment
- 669 sqft BUA
- Mid Floor
- 7 minutes walk to Metro
- Open view facing the community
- Huge Balcony
- 1 Parking
- Excellent Amenities i.e Swimming Pool, Gym, etc
- Rented at AED 73,500. Due for 5% increase in March 2025.
- Service Charges Approx 10,500 AED Yearly
- ROI 6.2% - Long Term Rent
- Agent: Owais Moti on +971 54 776 2130
Merano Tower is located in the heart of Business Bay and has great transport links as it is close to Sheikh Zayed Road, and the metro station. The towers is close to the Bay Avenue Mall, facilitating all the needs for daily living, small shops, restaurants, and a nursery.
Finance is available on this property through Allsopp & Allsopp Mortgage Services.
Please note all measurements and information are given to the best of our knowledge. Allsopp & Allsopp accept no liability for any incorrect details.
Property details
Property Type
Apartment
Property Size
669 sqft / 62 sqm
Bedrooms
1
Bathrooms
2
Service Charges
19.02 AED per sqft
Amenities
Balcony
View of Landmark
Location
Price Insights
Transactions for Similar Properties
1 Bed Apartment in Merano Tower
Sold for
Date | AED | Area (sqft) |
---|---|---|
8 Jan 2025 | 980,000 | 664 |
24 Dec 2024 | 1,100,000 | 669 |
20 Dec 2024 | 1,383,000 | 669 |
18 Dec 2024 | 1,200,000 | 753 |
13 Dec 2024 | 980,000 | 644 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
20 Jan 2025 | 75,000 | 668 |
20 Jan 2025 | 75,000 | 668 |
5 Jan 2025 | 70,000 | 670 |
1 Jan 2025 | 40,000 | 644 |
20 Dec 2024 | 85,000 | 616 |
Powered byDataGuru
This property costs 35% less than the average price of 1 bedroom in Business Bay
Average Sale Price is 1,774,439 AED
This property is 23% smaller than the average size of 1 bedroom in Business Bay
Average size is 874 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay
Provided by
Owais Moti
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Allsopp & Allsopp -Business Bay
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Monthly payment
4,730 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
L-256152
Listed
6 days ago
Broker License
1815
Zone name
Business Bay
DLD Permit Number:
7125282381
Own this property from just
4,730 AED /month
Fixed rates from: 3.75%
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