Meera Tower

Key facts

Handover (past)

Q2 2018

Status

Ready

Construction progress

100%

Availability

Sold out

How Meera Tower compares

Business Bay holds 75 off-plan projects, with a median entry price of AED 2.7M. The plan opens at 40% down, against a Dubai median of 20%, so it asks 20% more up front than the typical plan. Handover lands in Q2 2018, alongside 2 other projects completing in the same quarter. Al Habtoor Group has 4 projects in our catalogue, 2 of them in Business Bay.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Amenities

• High-Tech Gym
• Swimmimg Pool & Leisure Deck
• Clubhouse
• Indoor Kids Zone

Location

Meera Tower sits in Business Bay.

What you pay, and when

At launch, payments were staged 40% on booking and 60% during construction. Buying now means a resale from a private owner, on whatever terms the two sides agree.

Dubai Land Department registration is charged at 4% of the purchase price on top. A registered project holds buyer payments in an escrow account supervised by RERA rather than passing them to the developer directly, under Dubai's Law 8 of 2007, and they are released against certified construction progress.

Handover and construction

Handover at Meera Tower was recorded for Q2 2018. Construction was last recorded at 100% complete.

What it costs to hold

Service charges in Business Bay run roughly 14 to 22 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation.

Who it suits

The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Among the shared facilities recorded for Meera Tower are high-tech gym, swimmimg pool & leisure deck, clubhouse and indoor kids zone.

Frequently asked