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Flat 62 м² in Dubai, UAE (United Arab Emirates)

341 995 $

5 516 $ /м²

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Area

62 м2

Bedrooms

1

Apartment in Dubai. City - Dubai

Description

This modern 1-bedroom apartment in Merano Tower offers a spacious layout with an ensuite bathroom and built-in wardrobes. The unit features stunning views of the city and Downtown Dubai's skyscrapers. The interior décor and well-proportioned floorplan create a stylish and comfortable living space. This apartment is in a prime location, making it a genuine resale opportunity for those seeking a modern urban lifestyle.

Property Features:
* 1 bedroom with ensuite bathroom
* Size: 662 sq. ft.
* Built-in wardrobes
* Prime Location
* Vacant on Transfer
* Spacious Layout

Merano Tower is a 29-storey residential building developed by DAMAC Properties in Business Bay. This skyscraper showcases exceptional urban design and architecture. Residents enjoy mesmerizing views of the bustling city and Downtown Dubai's skyline.

The Metropolitan Group is the leading real estate agency in the UAE, proudly recognized as the third Best Workplace™ in 2024 in the Large Business category by Great Place to Work. We speak 44+ languages, offering our local and international clients exceptional service, expert advice, and comprehensive support in property sales, purchase and rentals.

Additional details

Property type

Residential Properties

Number of rooms

1

Object type

Flat

Price

341 995 $

FAQ

In UAE (United Arab Emirates) a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Dubai; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in UAE (United Arab Emirates) finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of UAE (United Arab Emirates) takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Dubai short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (341 995 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Dubai: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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