The 41-storey residential tower Me Do Re in the UAE is a new high-end project by Me Do Re Properties. The development was completed in Q3 2023 and is located on the shore of an artificial lake, next to a promenade, in the prestigious Dubai community of Jumeirah Lake Towers (JLT).
The tower was erected using state-of-the-art technologies and high-quality materials. For the exterior finish of the building, facade systems from the German manufacturer Schüco were used.
The development is equipped with adaptable mood lighting, and the lifts have a hybrid destination control system by Kone. Electric car charging stations are provided on the 4-level parking. The entire building has free Wi-Fi and a modern access control system. Entry into the tower can be done using a mobile application or facial recognition feature. Quick and convenient access to the parking is facilitated by the number plate recognition system.
Upon entering the tower, residents and guests are greeted by a finely decorated lobby with double-height ceilings. Here, a concierge is available, and valet parking can be arranged as well.
Residents of the development have access to a range of premium amenities, including:
- Adult and children’s pools;
- Jacuzzi;
- Steam room and sauna;
- Workout studio and gym;
- Billiards room;
- Golf simulator;
- Table tennis;
- Children’s play area;
- Prayer room;
- Multipurpose hall for public events;
- Retail shops.
The residential part of the tower features 111 luxurious residences. These include studios and 1- to 3-bedroom units. The total area of the apartments varies from 40 m2 to 208 m2. Today, when purchasing a studio in Me Do Re, prices from the developer start from AED 1.3 million ($354,000). You can find out the current price of real estate in the new building in the catalogue on our website or in a special chat with an operator.
Property in Me Do Re for investment
Buying an apartment in the new residential development is a profitable and reliable investment. This is due to the following reasons:
- The development is in JLT. This is a popular community for conducting business and a sought-after area for tourists, as it is located a few minutes’ drive from the waterfront. Thanks to this, the return on 1-bedroom apartments here reaches 7.1% per annum.
- Dubai is one of the fastest-growing metropolises in the world, so property prices, especially in waterfront areas of the city, increase annually by approximately 13–15%.
- Due to its status as an international business and tourist hub, Dubai attracts investors from all over the world. This contributes to high demand for buying and renting housing.
- Optimal conditions for foreign buyers: real estate in the development can be purchased as private property, and in return, investors can obtain a UAE investment residence visa.
- Buying property in Dubai is easy. The transaction can be completed remotely. Moreover, there is no tax on rental income and capital gains.
