Me Do Re Properties

Developer overview

ME DO RE Properties is a single-community developer. Its towers stand in Cluster L of Jumeirah Lake Towers, beside one of the lakes that thread through the district, and its sales centre sits in the same cluster. The company trades as ME DO RE Properties DMCC.

The about page names His Highness Sheikh Maktoum Hasher Al Maktoum as president and chairman, and says the company has handed over several high-rise towers in JLT under his leadership. Naeem Sheikh is chief executive and is credited with the company's strategy and commercial developments since it began.

Because everything ME DO RE has built is in one place, the brand is easy to research. Buyers can walk the cluster, compare the towers side by side and see how the buildings have aged. It also means that service quality, maintenance and the look of the common areas in one tower say a good deal about what to expect in the others.

Portfolio and locations

The developer groups its stock into three buildings, all in Jumeirah Lake Towers. Browse JLT stock through the JLT area guide.

• ME DO RE 1 – the earliest of the company's residential towers, with studios and one- to three-bedroom apartments, a penthouse and a set of shared amenities. The developer markets ready apartments here with post-handover payment plan options. Both current DPF listings for the brand are in this building or carry the ME DO RE tower name: a one-and-a-half-bedroom unit with a study and a furnished two-bedroom distress listing.
• ME DO RE 2 – a newer residential tower on the lake edge, marketed around smart-home features. The developer highlights an entrance foyer of double height, amenities spread across two floors, a unitised Schüco facade system, facade lighting and a water feature at the entrance.
• ME DO RE Business – a commercial tower with smart office space.

Around the towers, the developer points to JLT's parks, lakefront retail, basketball courts, football pitches and children's play zones.

Property types

The residential towers offer studios through three-bedroom apartments, with penthouse space on the upper floors of ME DO RE 1. Some layouts, such as the one-and-a-half-bedroom unit with a study on DPF, sit between the standard categories, so compare floor plans rather than bedroom labels. ME DO RE Business adds office units for buyers looking at commercial stock.

What buyers should verify

1. Exact tower. Listings often say "ME DO RE" without a number. Confirm whether the unit is in ME DO RE 1 or ME DO RE 2 from the title deed or Oqood.
2. Developer payment plan. Where a seller bought a ready unit on a post-handover plan, ask the developer for a statement of instalments paid and the balance outstanding.
3. Mortgage release. If the seller has a bank loan, confirm the lender's liability letter and how the loan will be cleared at transfer.
4. Community charges. Ask for the building's annual running costs and confirm there are no arrears on the unit.
5. Transfer consent. Request the developer NOC early, then book the transfer at a Dubai Land Department trustee office.

Finding distressed and below-market ME DO RE properties

ME DO RE stock is largely completed, so distress here looks different from an off-plan project. Typical sellers are investors who want to move capital elsewhere, landlords between tenants who would rather sell than wait, owners relocating abroad, or buyers still paying the developer after handover who prefer to exit. Each can become a motivated seller, and some list as an urgent sale.

A unit marketed below original price, or below OP, is offered under the figure the owner first paid. Below market value is a comparison with recent JLT resales of similar size, floor and view, which is the more useful test in a district with many towers. Cash buyer deals are common for ready apartments because they skip mortgage valuation delays. DPF collects these listings in one place; it does not value units or confirm that a quoted figure reflects the market.