
1109, Meera Tower
Sold prices and rental history: sold once, by the developer in June 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1109, Meera Tower
What is 1109 worth today?
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Source: Dubai Land Department. Updated 15 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,251 sqft
- Floor
- 11th of 44
- Parking
- B-193
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 23,800 /yr
- Last sold
- AED 2.69M · June 2023
- Building
- Meera Tower
About 1109, Meera Tower
1109 is a two-bedroom apartment of 1,251 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 15 June 2023 for AED 2,690,073, or AED 2,149 per sqft, in line with the AED 2,174 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 13 July 2021, is AED 120,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 23,800 a year.
Sales and rents for 1109 over time
1109 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Meera Tower, and where 1109 sits
All 77 2-beds →1109 last sold in June 2023 at AED 2,149 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,174). Over the last 12 months two-beds sold for AED 2,675,000, around AED 2,093 per sqft, and rent for AED 105,000 to 200,000 a year. 1109's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202619 June 2026 | 1,278 sqft | 2,675,000 | 2,093 | ||
| 13 Oct 202513 October 2025 | 1,622 sqft | 3,250,000 | 2,003 | ||
| 30 Oct 202430 October 2024 | 1,269 sqft | 2,500,000 | 1,970 | ||
| 14 Oct 202414 October 2024 | 1,516 sqft | 3,106,305 | 2,048 |
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 | |
| 1108 | 1-bed | 870 sqft | AED 1.78MAED 1,782,934 · Dec 2022December 2022 | 92,400 /yr | |
| 1110 | 2-bed | 1,500 sqft | AED 3.26MAED 3,257,611 · Jul 2023July 2023 | 155,000 /yr |
1109, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 15 June 2023 for AED 2,690,073, or AED 2,149 per sqft.
- Rented since March 2018 on 4 Ejari contracts, from AED 120,086 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 23,800 a year (AED 18.99 per sqft).
- Two-beds in Meera Tower sold for AED 2,675,000–2,675,000 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 15 June 2023.
Questions about 1109, Meera Tower
What did unit 1109 last sell for?
AED 2,690,073 on 15 June 2023, sold by the developer: AED 2,149 per sqft for 1,251 sqft. It is the only registered sale of the unit.
What is the rent for unit 1109?
AED 120,000 a year on the contract renewed on 13 July 2021. The previous contract, from July 2020, was AED 120,000; the unit has been rented since March 2018.
How big is unit 1109?
1,251 sqft (116.2 sqm): a two-bedroom apartment on the 11th floor of a 44-storey tower completed in 2022.
What is unit 1109 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Meera Tower sold for AED 2,675,000 to 2,675,000 in the last 12 months, around AED 2,093 per sqft.
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Mortgage on 1109, Meera Tower
Starts from the last sale price (AED 2.69M, 15 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,690,073
- Deposit, UAE resident (20%)
- AED 538,015
- Deposit, non-resident (40%)
- AED 1,076,029
- Monthly over 25 years at 3.7%
- AED 11,006
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →