AED 1,150,000

Own this from just

4,730 AED/month
1 Bedroom
2 Bathrooms
669 sqft / 62 sqm
APARTMENT FOR SALE IN MERANO TOWER, BUSINESS BAY

Close to Metro | Great ROI | Open View

Allsopp & Allsopp are delighted to present to you this bright and spacious apartment in Merano Tower located in the heart of Business Bay.

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

Map preview
Merano Tower
Residential Insights

Price Range:

750K-3.4M AED
Business Bay
Community Insights
4/5237 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

390K-750M AED

Price Insights

Transactions for Similar Properties

1 Bed Apartment in Merano Tower

Sold for

DateAEDArea (sqft)
8 Jan 2025980,000664
24 Dec 20241,100,000669
20 Dec 20241,383,000669
18 Dec 20241,200,000753
13 Dec 2024980,000644

Rented for

DateAED/yearArea (sqft)
20 Jan 202575,000668
20 Jan 202575,000668
5 Jan 202570,000670
1 Jan 202540,000644
20 Dec 202485,000616
See all transactions in this location

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

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Owais Moti

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Allsopp & Allsopp -Business Bay

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300,000 AED35,000,000 AED
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230,000 AED920,000 AED
1 year25 years

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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

DLD Permit Number

Owais Moti

No ratings

Usually responds within 30 minutes

Own this property from just

4,730 AED /month

Fixed rates from: 3.75%

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