2-bed · 1,500 sqftMeera Tower, Business Bay · 12th floor · completed 2022

1204, Meera Tower

Sold prices and rental history: sold once, by the developer in February 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 22 March 2026
Last soldAED 3.23M6 February 2023
Current rentAED 120K /yr22 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Meera Tower

What is 1204 worth today?

Last sold for AED 3,225,357 in 2023

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22 Mar 2026RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
22 Mar 2026RentedRenewal
AED 160,000/yr12 months · AED 107 per sqft
22 Mar 2025RentedRenewal
AED 160,000/yr12 months · AED 107 per sqft
22 Mar 2025RentedRenewal
AED 160,000/yr12 months · AED 107 per sqft
22 Mar 2024RentedRenewal
AED 160,000/yr12 months · AED 107 per sqft
22 Mar 2023RentedNew contract
AED 160,000/yr12 months · AED 107 per sqft
6 Feb 2023Sold by developerReady
AED 3,225,357AED 2,149 per sqft
15 Jul 2022RentedRenewal
AED 92,400/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 22 March 2026.

Key facts

Type
2-bed apartment
Size
1,500 sqft
Floor
12th of 44
Parking
B-417
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 28,500 /yr
Last sold
AED 3.23M · February 2023
Building
Meera Tower

About 1204, Meera Tower

1204 is a two-bedroom apartment of 1,500 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 6 February 2023 for AED 3,225,357, or AED 2,149 per sqft, in line with the AED 2,162 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 22 March 2026, is AED 120,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 28,500 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Meera Tower
3M3.1M3.2M2022202320242025Typical sale price by year: 2022 AED 3,221,026; 2023 AED 3,141,985; 2024 AED 3,024,189Sold by developer, February 2023: AED 3,225,357 (AED 2,149 per sqft)

1204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Meera Tower
100K150K2018202120242027Typical rent by year: 2018 AED 127,500; 2019 AED 112,500; 2020 AED 95,000; 2021 AED 92,400; 2022 AED 92,400; 2023 AED 160,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, April 2018: AED 125,000 a yearRenewal, April 2019: AED 125,000 a yearNew contract, October 2020: AED 92,400 a yearRenewal, July 2021: AED 92,400 a yearRenewal, July 2022: AED 92,400 a yearNew contract, March 2023: AED 160,000 a yearRenewal, March 2024: AED 160,000 a yearRenewal, March 2025: AED 160,000 a yearRenewal, March 2025: AED 160,000 a yearRenewal, March 2026: AED 120,000 a yearRenewal, March 2026: AED 160,000 a year

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 1204 sits

All 77 2-beds →

1204 last sold in February 2023 at AED 2,149 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,162). 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. 1204's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20262,675,000
13 Oct 20253,250,000
30 Oct 20242,500,000
14 Oct 20243,106,305
1 2-bed sale in the last 12 months

Meera Tower

Building

160 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%
Meera Tower, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 160 units in Meera Tower
Value
12031-bedAED 2.06M · Jun 2023
12051-bedAED 1.81M · Nov 2022
12061-bedAED 2.15M · Dec 2022
12071-bedAED 1.96M · Jan 2023
12081-bedAED 1.87M · Dec 2024
12092-bedAED 2.6M · Feb 2023
12102-bedAED 3.11M · Feb 2023

1204, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 6 February 2023 for AED 3,225,357, or AED 2,149 per sqft.
  • Rented since April 2018 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 92,400 in 2022 and recovered to AED 120,000 by March 2026.
  • At AED 120,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 28,500 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 22 March 2026.

Questions about 1204, Meera Tower

What did unit 1204 last sell for?

AED 3,225,357 on 6 February 2023, sold by the developer: AED 2,149 per sqft for 1,500 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 120,000 a year on the contract renewed on 22 March 2026. The previous contract, from March 2026, was AED 160,000; the unit has been rented since April 2018.

How big is unit 1204?

1,500 sqft (139.4 sqm): a two-bedroom apartment on the 12th floor of a 44-storey tower completed in 2022.

What is unit 1204 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 1204, Meera Tower

Starts from the last sale price (AED 3.23M, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,225,357
Deposit, UAE resident (20%)
AED 645,071
Deposit, non-resident (40%)
AED 1,290,143
Monthly over 25 years at 3.7%
AED 13,196

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →