By Staff www.arabianbusiness.com
Damac Properties, the Dubai-based real estate developer, has launched Merano Tower, an Italian-inspired luxury development which will overlook the Dubai Canal.
The 29-storey residential project in the Business Bay area has been conceptualised around the famous Italian spa town of Merano, the developer said on Monday.
Merano Tower includes a basement level, ground floor and three podiums with 26 floors of residential apartments varying from studios, to one-, two-, and three-bedrooms. Units come with a starting price of AED611,000 ($166,351).
The Dubai Canal is more than 50 percent complete and is set to open in October next year. The project will see the extension of Dubai Creek by three kilometres, turning Bur Dubai into an island ringed by the Creek water on three sides and the Arabian Sea on one side. More info
