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APARTMENT FOR SALE IN MERANO TOWER, BUSINESS BAY
fam Properties are delighted to present to you this well-kept 1-bedroom apartment for sale in Merano tower, Business Bay. Build by Damac in 2021. Located by the water canal and right next to the park and garden, which will be finished this year. Apartment balcony facing future park direction, so it adds a great value to your investment. No construction is happening around. Plenty of mini-markets are in the area, including supermarket in the building itself. Residents of Merano can also enjoy spa salon, located on the ground floor.
Unit specs:
- 629 sq.ft
- Low floor
- Fully-furnished
- Peaceful balcony
- Semi-closed kitchen with fitted appliances, gas cooking hobs and granite worktops
- Built-in wardrobes
- 1 car parking space
- An inviting community swimming pool
- Lifeguard and 24-hour security services
- 7 min walking to Business Bay metro station and only 1 min away from the water canal
- Responsible security
- Well kept and maintained residential building
- Tenanted, will be vacant in May
Market rent is 85-95K yearly. Short term rent can generate 12-14K a month. Service charge - AED 10K approx. Chiller is included in the service charge.
Viewing is possible with an advance notice. Asking price - 1.1M AED. Call me for a viewing now.
fäm Properties
Contact Us -
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
See all transactions in this location
Well-kept, Furnished, Next to park, Vacant in May
Property Type:
Apartment
Property Size:
629 sqft / 58 sqm
Bedrooms:
1
Bathrooms:
2
Service Charges:
19.02 AED per sqft
1,100,000 AED
Own this from just
4,592 AED/monthSofiia Matviiets-Teo usually responds within 5 minutes
Location
Merano Tower
Dubai, Business Bay
Agent
Sofiia Matviiets-Teo
fam Properties - Branch 20
(147 Properties)
Amenities
Central A/C
Balcony
Shared Pool
Security
Concierge
Covered Parking
Built in Wardrobes
Kitchen Appliances
View of Landmark
Shared Gym
Lobby in Building
Description
Unit specs:
- 629 sq.ft
- Low floor
- Fully-furnished
- Peaceful balcony
- Semi-closed kitchen with fitted appliances, gas cooking hobs and granite worktops
- Built-in wardrobes
- 1 car parking space
- An inviting community swimming pool
- Lifeguard and 24-hour security services
- 7 min walking to Business Bay metro station and only 1 min away from the water canal
- Responsible security
- Well kept and maintained residential building
- Tenanted, will be vacant in May
Market rent is 85-95K yearly. Short term rent can generate 12-14K a month. Service charge - AED 10K approx. Chiller is included in the service charge.
Viewing is possible with an advance notice. Asking price - 1.1M AED. Call me for a viewing now.
fäm Properties
Contact Us -
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
Floor plan
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Transactions for Similar Properties
1 Bed Apartment in Merano Tower
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 1 May 2024 | 960,000 | 644 |
| 30 Apr 2024 | 1,160,000 | 670 |
| 21 Mar 2024 | 1,100,000 | 670 |
| 14 Mar 2024 | 1,077,000 | 669 |
| 6 Mar 2024 | 1,150,000 | 668 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 1 May 2024 | 70,000 | 664 |
| 29 Apr 2024 | 110,000 | 668 |
| 25 Apr 2024 | 73,500 | 644 |
| 7 Apr 2024 | 90,000 | 616 |
| 10 Feb 2024 | 68,250 | 644 |
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This property costs 35% less than the average price of 1 bedroom in Business Bay
Average Sale Price is 1,682,109 AED
This property is 29% smaller than the average size of 1 bedroom in Business Bay
Average size is 885 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
4,592 AED
with interest rate of
3.89%
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Reference:
PF-AS-88425
Listed:
5 months ago
Broker ORN:
1858
1,100,000 AED
Own this from just
4,592 AED/monthSofiia Matviiets-Teo usually responds within 5 minutes
Own this property from just
4,592 AED /month
Fixed rates from: 3.89%
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