SH321

Dubai / Business Bay
Price
549,781 $
Rooms
1+1
Area
76 m²
Bathrooms
2
Year
0

Property Information

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.

Features

The apartment is empty
Open kitchen
Closed kitchen
There are remaining installments

Area Details

Population

300,000

Sex Ratio

45% Male | 55% Female

Rate

4.5

Price Change

1 Year

20%

3 Years

45%

5 Years

85%

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