Al Meraikhi Tower
About the project
(sq. ft.)
Al Meraikhi Tower is a 32-storey residential complex located on Sheikh Zayed Road in Trade Centre, Dubai. The project was developed by Al Meraikhi General Contracting Company and launched in 2003.
Properties include two-bedroom apartments that range in size from 670 sq. ft. to 1,300 sq. ft. Units have built-in wardrobes, equipped open-plan kitchens, living rooms, dining rooms, balconies, and ensuite bathrooms.
The complex offers a variety of amenities and services, including:
- Ample parking with allocated spaces
- High-speed lifts for quick movement between floors
- 24-hour security services and CCTV
- Maintenance services
- Rooftop swimming pool
- Well equipped gym
- Large playground
Property Information
- Location Sheikh Zayed Road, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR
- Area from 670
Location
The nearest bus stops, Ghaya Residence, Wasl Terminus, and MS Seaside Financial Centre, are located within a five- to 10-minute walk of the residences. The Financial Centre Metro Station can be reached within a 10-minute walk. Dubai International Airport is situated within a 20-minute drive, and Al Maktoum International Airport is located within a 50-minute drive.
The complex is situated near many social, commercial, and leisure facilities, including:
- Gate Avenue Shopping Centre
- West Hill Supermarket, ZOOM, and Yamama Supermarket
- Restaurants Marea Dubai, Taqado Mexican Kitchen, and Original Wings & Rings Dubai
- Citizens School and Jumeira Baccalaureate School
- Al Badaa Health Centre Hospital
- Al Wasel Community Pharmacy
The building is also situated within a five- to 10-minute drive of several popular attractions, including the following destinations.
- Dubai Fountain is the world’s tallest fountain and is the size of two football fields.
- Dubai Frame is the world’s largest photo frame. Visitors can enjoy spectacular evening views when the structure is illuminated by dozens of lights.
- Burj Khalifa is the world’s tallest skyscraper. It is home to a variety of recreational facilities, restaurants, and entertainment venues.
Payback
Sheikh Zayed Road is one of the city’s major thoroughfares, which provides direct routes to the parts of the emirate. The area is home to a large number of supermarkets, shopping centres, restaurants, and leisure facilities.
Properties in Al Meraikhi Tower have a return on investment rate that ranges from 5.5% to 6%. Annual rental rates range from AED 42,000 (USD 11,000) to AED 58,000 (USD 16,000), and investments can be recouped within 17 to 20 years.
*The price is valid for 2021
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
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