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Merano
MeranoBusiness Bay
750,000 AEDmarket
2,171 AED/ft²
Delivered: Q1 2020
Completed
DAMAC Properties

Merano

Business Bay

Studio, 1 - 3 BedsApartment

Launch price

560,000 AED

Payment Plan: 24/76/-
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Buildings
Business Bay
Merano
DAMAC Properties

Merano

Business Bay

Studio, 1 - 3 BedsApartment

Launch price

560,000 AED

Payment Plan: 24/76/-

Merano

Business Bay

by DAMAC Properties

Booking
24%

Booking

Construction
76%

Construction

Handover
-

Handover

Local Information

MapSchoolsShop & Eat
-- to

Description

Merano Tower offers apartments for sale in Business Bay — a completed 29-storey building by DAMAC Properties with 596 units. DAMAC Properties launched the project in Q4 2015. The tower features studios, one, two, and three-bedroom apartments. It is positioned along the Dubai Canal, offering views of the waterways and the city skyline. The building provides amenities such as a temperature-controlled swimming pool, a gymnasium, and round-the-clock security. Merano Tower is located near Sheikh Zayed Road and Al Khail Road. Downtown Dubai, Burj Khalifa, and The Dubai Mall are minutes away by car. The Business Bay Metro station is approximately 0.6 kilometers from the development.

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Price Analysis for Merano

Apartment

Studio

30%
83 units
331 – 397 ft²
No market history available yet

Starting price

560K

1,672 /ft²

Current price

750K

2,171 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Merano

No sales transactions found

What's Available for Merano

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

No units to display

Price Trends

For units in Business Bay

Comparable Buildings in Business Bay

Assigned Schools

Affordability

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FAQ

Merano Tower features a collection of 434 residential units, offering a mix of studio, 1, 2, and 3-bedroom apartments. The building is designed to accommodate various living requirements, ranging from individual professionals to families.
The building Tower is situated in the Business Bay district, providing residents with direct access to the Dubai Water Canal and proximity to the commercial and leisure hubs of Downtown Dubai. The area is a designated freehold zone, allowing foreign nationals full property ownership rights.
This development Tower includes a temperature-controlled swimming pool, a gymnasium, and dedicated sauna and steam rooms. The building also features an elegant lobby, manicured landscaping, and secure covered parking for residents.
DAMAC Properties is the developer of Merano Tower, a 29-storey residential building in Business Bay. The project was completed in 2019.
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Price Trends

For units in Business Bay

AED/ft²

Mean Studio value
Merano: 2,171

AED/ft²

Mean value
Merano:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Business Bay

BuildingPrice per ft²ConstructionHandoverDeveloper
DAMAC Maison AYKON CityDAMAC Properties
1,690 AED/ft²
22.2%
100%
Q3 2023
DAMAC Maison AYKON City
1,690 AED/ft²22.2%
100%
Q3 2023
DAMAC Properties logo
Executive Towers BDubai Properties
1,334 AED/ft²
38.6%
100%
Q4 2009
Executive Towers B
1,334 AED/ft²38.6%
100%
Q4 2009
Dubai Properties logo
Millennium Binghatti ResidencesBinghatti
1,709 AED/ft²
21.3%
100%
Q3 2021
Millennium Binghatti Residences
1,709 AED/ft²21.3%
100%
Q3 2021
Binghatti logo
Sol BaySOL Properties
2,238 AED/ft²
3.1%
100%
Q1 2020
Sol Bay
2,238 AED/ft²3.1%
100%
Q1 2020
SOL Properties logo
The Residences at Business CentralDAMAC Properties
1,413 AED/ft²
34.9%
100%
Q1 2013
The Residences at Business Central
1,413 AED/ft²34.9%
100%
Q1 2013
DAMAC Properties logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Business Bay neighborhood outline
© Mapbox © OpenStreetMap · Improve this map
Business Bay
247 Buildings For You
Buy: AED 112K - 550.0M
YoY Price Change: +5.4%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.