1203, Meera Tower
Sold prices and rental history: sold once, by the developer in June 2023, 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 1203, Meera Tower
What is 1203 worth today?
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Source: Dubai Land Department. Updated 28 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 859 sqft
- Floor
- 12th of 44
- Parking
- L4-37
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 16,300 /yr
- Last sold
- AED 2.06M · June 2023
- Building
- Meera Tower
About 1203, Meera Tower
1203 is a one-bedroom apartment of 859 sqft on the 12th 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 22 June 2023 for AED 2,060,003, or AED 2,398 per sqft, 14% above the AED 2,099 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 28 October 2026, is AED 91,500 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 16,300 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 57 1-beds →1203 last sold in June 2023 at AED 2,398 per sqft, 14% above 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. 1203's AED 91,500 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 12th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1204 | 2-bed | 1,500 sqft | AED 3.23MAED 3,225,357 · Feb 2023February 2023 | 160,000 /yr | |
| 1205 | 1-bed | 883 sqft | AED 1.81MAED 1,809,193 · Nov 2022November 2022 | 125,000 /yr | |
| 1206 | 1-bed | 1,050 sqft | AED 2.15MAED 2,152,319 · Dec 2022December 2022 | 92,400 /yr | |
| 1207 | 1-bed | 956 sqft | AED 1.96MAED 1,958,800 · Jan 2023January 2023 | 120,000 /yr | |
| 1208 | 1-bed | 870 sqft | AED 1.87MAED 1,870,488 · Dec 2024December 2024 | 125,000 /yr | |
| 1209 | 2-bed | 1,251 sqft | AED 2.6MAED 2,596,234 · Feb 2023February 2023 | 165,000 /yr | |
| 1210 | 2-bed | 1,500 sqft | AED 3.11MAED 3,112,845 · Feb 2023February 2023 | 160,000 /yr |
1203, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 22 June 2023 for AED 2,060,003, or AED 2,398 per sqft.
- Rented since July 2019 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 91,500 by October 2026.
- At AED 91,500 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 16,300 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 28 October 2026.
Questions about 1203, Meera Tower
What did unit 1203 last sell for?
AED 2,060,003 on 22 June 2023, sold by the developer: AED 2,398 per sqft for 859 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 91,500 a year on the contract signed on 28 October 2026. The previous contract, from October 2024, was AED 115,000; the unit has been rented since July 2019.
How big is unit 1203?
859 sqft (79.8 sqm): a one-bedroom apartment on the 12th floor of a 44-storey tower completed in 2022.
What is unit 1203 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 1203, Meera Tower
Starts from the last sale price (AED 2.06M, 22 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,060,003
- Deposit, UAE resident (20%)
- AED 412,001
- Deposit, non-resident (40%)
- AED 824,001
- Monthly over 25 years at 3.7%
- AED 8,428
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →