If you are looking for luxury, modern design, and a strategic location in the heart of Dubai, this under-construction apartment in the Design Quarter project, developed by Meraas, is an ideal choice for living or investment.
Project and Location Information
- Project: Design Quarter - Tower A
- Developer: Meraas
- Location: Dubai - Business Bay - Dubai Design District
- Property Type: Residential Apartment (1 Bedroom)
- Floor: Floors (5 to 8)
- View: Charming view of the pool and courtyard
- Estimated Delivery Date: Q1 2027
Area and Engineering Details
The apartment has been meticulously designed to provide maximum comfort and optimal use of space:
- Total Area: 76.43 square meters (approximately 822 square feet).
- Internal Unit Area: 70.63 square meters (approximately 760.25 square feet).
- Balcony Area: 5.80 square meters (approximately 62.43 square feet).
- Internal Layout: Spacious master bedroom with a walk-in closet (WIC), elegant living and dining room, open-plan and fully equipped kitchen, modern bathroom, and utility room.
Price and Payment Methods
- Unit Base Price: 1,898,000 AED (includes original price + 4% Land Department fees).
Payment Details Upon Transfer of Ownership:
- Amount Paid to Current Buyer (Down Payment Upon Transfer): 1,168,000 AED.
- Land Department Transfer Fees (4% + 40 AED): 75,960 AED.
- Registration Trustee Office Fees: 5,250 AED.
- Real Estate Agency Commission for the Buyer (2% + VAT): 39,858 AED.
- Total Required Cost Upon Transfer: 1,289,068 AED.
Remaining Payment Plan:
- Remaining Amount (Paid Upon Handover): 730,000 AED.
- Total Overall Cost to the Buyer: 2,019,068 AED.
Key Project Features and Facilities
- A vibrant and creative location in "Dubai Design District" with easy access to Dubai's most important landmarks.
- Integrated facilities include: swimming pools, green spaces, entertainment and relaxation areas, and a fully equipped gym with the latest equipment.
- Sophisticated architectural design reflecting the highest quality standards for which "Meraas" company is renowned.