Apartment by DAMAC “Merano Tower”
AED 1,150,000
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Vector icon 1 Beds Vector icon 1 Bath Vector icon 667 sqft

Business Bay

Daria
Daria Property broker

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Merano Tower 1BR Apartment in Business Bay — Vacant

Situated in the heart of Business Bay, Merano Tower is an established residential address that draws professionals and investors who want direct access to Dubai’s central business corridor

This mid-floor one-bedroom apartment is vacant and ready for immediate occupation or rental, making it a straightforward acquisition with no waiting period.

The unit offers a practical layout across 667 square feet, suited to a single occupant, a couple, or a buy-to-let buyer targeting the strong corporate tenant base that Business Bay consistently attracts.

Unit Features

– One-bedroom apartment
– 667 ft² / 62 m²
– Unfurnished
– Vacant, ready to transfer
– Mid-floor position
– Business Bay, Dubai

Complex Amenities

– Swimming pool
– Gymnasium
– Covered parking
– Lobby with concierge
– Retail at podium level

Architecture & Concept

Merano Tower is a sleek high-rise development that integrates contemporary facade design with efficient residential floor plates. The building was conceived to serve the live-work dynamic of Business Bay, keeping unit layouts compact yet functional. Floor-to-ceiling glazing on mid and upper floors captures views across the canal district and the wider Downtown skyline.

About the Developer

Merano Tower was delivered by a UAE-based developer with a portfolio concentrated in Business Bay and the broader Dubai urban core.

Location & Benefits

– Business Bay, Central Dubai
– Five minutes to Downtown Dubai and Burj Khalifa
– Ten minutes to DIFC
– Walking distance to Dubai Canal waterfront
– Business Bay Metro Station nearby
– Sheikh Zayed Road and Al Khail Road accessible within minutes
– Dense pool of corporate tenants drives consistent rental demand

Investment Appeal

– Business Bay ranks among Dubai’s highest-volume transaction districts
– Strong short-term and long-term rental demand from professionals
– Canal-adjacent address supports price resilience
– Vacant status allows immediate rental income upon transfer
– Entry point competitive against comparable mid-floor stock in the district
– Liquidity supported by continuous end-user and investor interest

Frequently Asked Questions

Q: Is the apartment vacant and available for immediate handover?
A: Yes, the unit is currently vacant and can be transferred without delay.

Q: Is the apartment furnished?
A: The unit is unfurnished, giving the buyer full flexibility to fit it out to personal or rental-market standards.

Q: What is the potential rental yield in this location?
A: Business Bay one-bedroom apartments consistently achieve strong gross yields, underpinned by high occupier demand from the corporate and professional sector throughout the year.

Opportunities at this price point in Merano Tower are infrequent — enquire now using the form on this page to receive full details and arrange a viewing.

Payment plan

Full payment
100% + 4% DLD + 1000 AED Oqood fee

Property information

Handover Date

Q1 2020

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

DAMAC “Merano Tower”

DAMAC Properties
DAMAC Properties View developer

Location

Contact broker to learn more and get special offers.