
DAMAC Properties · Dubai
Merano Tower
Business Bay, Dubai
Bedrooms
Studio – 3 Bed
Type
Apartment
Payment Plan
Cash, or the developer’s standard deferred plan (20% deposit, 8 x 10% installments over 24 months) — confirm current terms
Handover
Completed
Payment Plan
Deposit
Immediate
1st Installment
Within 3 months of sale date
2nd Installment
Within 6 months of sale date
3rd Installment
Within 9 months of sale date
4th Installment
Within 12 months of sale date
5th Installment
Within 15 months of sale date
6th Installment
Within 18 months of sale date
7th Installment
Within 21 months of sale date
8th Installment
Within 24 months of sale date
Amounts are indicative based on starting price. Developer contract sets the exact instalment schedule.
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Total Units
434
Building Height
29–30 Floors
Starting Price
AED 610,000
Status
Ready to Move In
Unit Sizes
At a Glance
- Ready to move in and furnished — 29–30-storey tower, already delivered, no construction-risk wait
- Adjacent to DAMAC Towers by Paramount, with canal views to the front and city views all around
- 434 total units across studio, 1, 2 and 3-bedroom layouts (3-bedroom not currently in listed inventory)
- Swimming pool, state-of-the-art gymnasium, elegant lobby with reception, round-the-clock security
- Currently available units range AED 610,000 – 1,406,000, 398 – 994 sq ft, per DAMAC’s own dated unit-price list
- Deferred payment structure still available on remaining inventory despite the building being complete
About this project
Merano Tower is a furnished, ready-to-move-in waterfront address in Business Bay, adjacent to DAMAC Towers by Paramount, with canal views to the front and city views all around. 434 furnished studio, 1, 2 and 3-bedroom apartments across 29–30 floors, with a swimming pool, state-of-the-art gymnasium, elegant lobby with reception, round-the-clock security and manicured landscaping. Completed in 2019 and already delivered — DAMAC continues to offer remaining units with a deferred payment structure. Ask a PropSentral advisor for current availability, pricing and payment terms.
Interior, fully-furnished — click to enlarge
Amenities
Lifestyle & Comfort
- Furnished Apartments
- Elegant Lobby with Reception
- Manicured Landscaping
Wellness & Fitness
- Swimming Pool
- State-of-the-Art Gymnasium
Outdoor & Views
- Ample Parking Space
Security & Access
- Round-the-Clock Security
Investment Factors
Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.
Completion Status
No document in this batch states a completion/handover date directly — WebSearch (Metropolitan Premium Properties, Tanami Properties) confirms construction ran October 2015 – November 2019, "Ready To Move" status, 434 total units, 30-storey — close to but not identical to the brochure’s own "29-storey" claim, a minor cross-source discrepancy flagged rather than silently resolved. As with the sibling Zada Residences listing built earlier in this batch, the bundled Payment Plan PDF still uses "months of sale date" milestone language typical of an off-plan offer even though the building is long completed — likely a template DAMAC continues to apply to deferred-payment sales of ready inventory; reconfirm current live terms with a PropSentral advisor.
- 434 total units, 30-storey, completed November 2019, Ready To MoveSource: WebSearch — Metropolitan Premium Properties, Tanami Properties
- Brochure’s own claim: "29-storey Merano Tower"Source: Merano Tower Brochure
Pricing & Unit Sizes
The Unit List PDF (4 pages) is a dated, per-unit price sheet covering Studio, 1-Bedroom and 2-Bedroom apartments — 20 individual units read across every page (unit codes, floor areas, sale price AND a separate discounted "upfront price" for cash buyers), extracted and cross-checked programmatically. The brochure separately states the building includes 3-bedroom apartments too, but none appear in the current price sheet — shown in highlights/description as an existing unit type, with unitSizes correctly omitting a 3-bedroom row rather than guessing a size for units not currently listed. Only 1 Studio unit and 1 2-Bedroom unit currently appear in the sheet (398 sq ft and 994 sq ft respectively) — single-data-point ranges, flagged as such rather than implied to be representative of the whole category.
Imagery
Unlike Zada Residences, this brochure contains genuine, high-resolution building-specific imagery: a real photograph of the completed tower (with visible "DAMAC" signage matching the illustrated cover art exactly), a furnished-bedroom interior render, and a colour-rendered 3-bedroom floor plan — all extracted directly from this project’s own dedicated brochure (not a shared multi-project render folder, so the cross-project mislabeling risk seen with Altitude does not apply here). Generic stock lifestyle photography found elsewhere in the same brochure (a child at a pool, a woman in a gym — the identical stock images also found in the separate Zada Residences brochure, confirming DAMAC reuses a shared stock library across brochures) and generic Dubai-landmark photos (Downtown skyline, the Dubai Fountain, Ibn Battuta Mall) were not used, since none show this specific building. CMYK-encoded embedded images required channel-inversion during extraction to render with correct colours — verified visually before use.
Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.
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Location
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Map shows approximate project location. Exact site boundaries may vary.
About the Developer
DAMAC Properties
DAMAC Properties is a leading luxury real estate developer in the Middle East, with a portfolio spanning residential, commercial, hospitality and leisure properties. Known for landmark partnerships with Cavalli, Versace, Paramount Hotels, and Fendi Casa.
View all DAMAC Properties projectsFull Gallery
Starting from
AED 610K
Cash, or the developer’s standard deferred plan (20% deposit, 8 x 10% installments over 24 months) — confirm current terms · Handover Completed
Dubai — Market Yield Range
5% – 12.5% gross p.a.
Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.
Full market intelligenceTypically replies within 2 hours
Developer-Direct Pricing
Same price as booking through the developer — zero resale markup.
One Advisor, Start to Finish
A single point of contact from reservation through to handover — no chain of resellers.
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