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APARTMENT FOR SALE IN MERANO TOWER, BUSINESS BAY
This one Bedroom located in Merano Tower in Business Bay is brought to the market from Darren Cooke at White and Co Real Estate.
This spacious one bedroom unit is currently rented on short term holiday homes and is achieving around 85,000 AED per year giving a net ROI of 6%
Apartment features:
- 1 bedroom
- 2 bathrooms
- 669sqft
- Large Balcony
- Shared Gymnasium
- Shared swimming pool
- 24/7 security
- New building
- Great Location
- Great ROI
- Investment opportunity
Here at White & Co Real Estate we offer a range of different services below:
- Holiday Homes
- Mortgages
- Conveyancing
- White and Co Design
- Furniture packages
White and Co have a huge presence in the market within Downtown and Business bay which gives us a massive advantage over other agencies when you are looking for that perfect home or good investment opportunities.
If you have a unit you are looking to rent or sell please get in touch with me on the contact number below
Darren Cooke +971585723803
Our main office is Located in Motor City
See all transactions in this location
Great Short Term Rental | Large balcony
Property Type:
Apartment
Property Size:
669 sqft / 62 sqm
Bedrooms:
1
Bathrooms:
2
Location
Merano Tower
Dubai, Business Bay
Agent
Darren Cooke
White & Co Real Estate
(2503 Properties)
Amenities
Balcony
Description
This spacious one bedroom unit is currently rented on short term holiday homes and is achieving around 85,000 AED per year giving a net ROI of 6%
Apartment features:
- 1 bedroom
- 2 bathrooms
- 669sqft
- Large Balcony
- Shared Gymnasium
- Shared swimming pool
- 24/7 security
- New building
- Great Location
- Great ROI
- Investment opportunity
Here at White & Co Real Estate we offer a range of different services below:
- Holiday Homes
- Mortgages
- Conveyancing
- White and Co Design
- Furniture packages
White and Co have a huge presence in the market within Downtown and Business bay which gives us a massive advantage over other agencies when you are looking for that perfect home or good investment opportunities.
If you have a unit you are looking to rent or sell please get in touch with me on the contact number below
Darren Cooke +971585723803
Our main office is Located in Motor City
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 15% less than the average price of 1 bedroom in Business Bay
Average Sale Price is 1,682,109 AED
This property is 24% 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
5,948 AED
with interest rate of
3.89%
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Reference:
RL-73227
Listed:
1 month ago
Broker ORN:
25663
1,425,000 AED
Own this from just
5,948 AED/monthDarren Cooke usually responds within 5 minutes
Own this property from just
5,948 AED /month
Fixed rates from: 3.89%
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