1108, Meera Tower
Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1108, Meera Tower
What is 1108 worth today?
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Source: Dubai Land Department. Updated 12 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 870 sqft
- Floor
- 11th of 44
- Parking
- L2-4
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.78M · December 2022
- Building
- Meera Tower
About 1108, Meera Tower
1108 is a one-bedroom apartment of 870 sqft on the 11th floor of Meera Tower, a 44-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. The developer sold it on 12 December 2022 for AED 1,782,934, or AED 2,049 per sqft, in line with the AED 2,099 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 July 2022, is AED 92,400 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 16,500 a year.
Sales and rents for 1108 over time
1108 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Meera Tower, and where 1108 sits
All 57 1-beds →1108 last sold in December 2022 at AED 2,049 per sqft, in line with what one-beds in Meera Tower were fetching at the time (AED 2,099). Over the last 12 months one-beds sold for AED 1,730,000 to 2,000,000, around AED 2,039 per sqft, and rent for AED 72,500 to 130,000 a year. 1108's AED 92,400 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Apr 202629 April 2026 | 952 sqft | 2,000,000 | 2,100 | ||
| 10 Apr 202610 April 2026 | 883 sqft | 1,800,000 | 2,039 | ||
| 8 Apr 20268 April 2026 | 883 sqft | 1,730,000 | 1,960 | ||
| 18 Jul 202518 July 2025 | 883 sqft | 1,760,000 | 1,994 |
Meera Tower
Building160 apartments, 1-bed to 4-bed over 44 floors in Business Bay, completed in 2022 by Al Habtoor City Real Estate Development. 4 sold in the last 12 months.
- Typical price per sqft
- AED 2,066
- Typical sale
- AED 1.9M
- Typical rent
- AED 139K /yr
- Typical yield
- 5.2%
Other units on the 11th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1103 | 1-bed | 859 sqft | AED 2MAED 2,000,000 · Mar 2023March 2023 | 100,000 /yr | |
| 1104 | 2-bed | 1,500 sqft | AED 3.11MAED 3,112,845 · Feb 2023February 2023 | 150,000 /yr | |
| 1105 | 1-bed | 883 sqft | AED 1.81MAED 1,809,193 · Nov 2022November 2022 | 95,000 /yr | |
| 1106 | 1-bed | 1,050 sqft | AED 2.17MAED 2,173,842 · Mar 2023March 2023 | 105,000 /yr | |
| 1107 | 1-bed | 956 sqft | AED 2MAED 2,000,000 · Mar 2023March 2023 | 115,000 /yr | |
| 1109 | 2-bed | 1,251 sqft | AED 2.69MAED 2,690,073 · Jun 2023June 2023 | 120,000 /yr | |
| 1110 | 2-bed | 1,500 sqft | AED 3.26MAED 3,257,611 · Jul 2023July 2023 | 155,000 /yr |
1108, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 12 December 2022 for AED 1,782,934, or AED 2,049 per sqft.
- Rented since July 2019 on 5 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2020 and recovered to AED 92,400 by July 2022.
- At AED 92,400 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 16,500 a year (AED 18.99 per sqft).
- One-beds in Meera Tower sold for AED 1,730,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,066 per sqft.
Source: Dubai Land Department. Updated 12 December 2022.
Questions about 1108, Meera Tower
What did unit 1108 last sell for?
AED 1,782,934 on 12 December 2022, sold by the developer: AED 2,049 per sqft for 870 sqft. It is the only registered sale of the unit.
What is the rent for unit 1108?
AED 92,400 a year on the contract renewed on 15 July 2022. The previous contract, from July 2021, was AED 92,400; the unit has been rented since July 2019.
How big is unit 1108?
870 sqft (80.8 sqm): a one-bedroom apartment on the 11th floor of a 44-storey tower completed in 2022.
What is unit 1108 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Meera Tower sold for AED 1,730,000 to 2,000,000 in the last 12 months, around AED 2,039 per sqft.
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Mortgage on 1108, Meera Tower
Starts from the last sale price (AED 1.78M, 12 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,782,934
- Deposit, UAE resident (20%)
- AED 356,587
- Deposit, non-resident (40%)
- AED 713,174
- Monthly over 25 years at 3.7%
- AED 7,295
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →