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

1210, 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 1210 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 3.11M20 February 2023
Current rentAED 160K /yr6 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1210, Meera Tower

What is 1210 worth today?

Last sold for AED 3,112,845 in 2023

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20 Feb 2023Sold by developerReady
AED 3,112,845AED 2,074 per sqft
6 Feb 2023RentedNew contract
AED 160,000/yr12 months · AED 107 per sqft
15 Jul 2022RentedRenewal
AED 92,400/yr12 months · AED 62 per sqft
15 Jul 2021RentedRenewal
AED 92,400/yr12 months · AED 62 per sqft
30 Aug 2020RentedNew contract
AED 92,400/yr10 months · AED 60 per sqft
31 Jan 2020RentedRenewal
AED 112,500/yr12 months · AED 74 per sqft
31 Jan 2019RentedNew contract
AED 112,500/yr12 months · AED 74 per sqft
1 Jun 2018RentedNew contract
AED 140,000/yr13 months · AED 92 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
2-bed apartment
Size
1,500 sqft
Floor
12th of 44
Parking
L4-12
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 28,500 /yr
Last sold
AED 3.11M · February 2023
Building
Meera Tower

About 1210, Meera Tower

1210 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 20 February 2023 for AED 3,112,845, or AED 2,074 per sqft, 3% below the AED 2,149 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 6 February 2023, is AED 160,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 28,500 a year.

Sales and rents for 1210 over time

Sales
Unit 1210, 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 3,112,845 (AED 2,074 per sqft)

1210 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1210, 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, June 2018: AED 140,000 a yearNew contract, January 2019: AED 112,500 a yearRenewal, January 2020: AED 112,500 a yearNew contract, August 2020: AED 92,400 a yearRenewal, July 2021: AED 92,400 a yearRenewal, July 2022: AED 92,400 a yearNew contract, February 2023: 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 1210 sits

All 77 2-beds →

1210 last sold in February 2023 at AED 2,074 per sqft, 3% below what two-beds in Meera Tower were fetching at the time (AED 2,149). 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. 1210's AED 160,000 is in the upper 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
12042-bedAED 3.23M · Feb 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

1210, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 20 February 2023 for AED 3,112,845, or AED 2,074 per sqft.
  • Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 92,400 in 2022 and recovered to AED 160,000 by February 2023.
  • At AED 160,000 a year the gross yield on the 2023 price is 5.1%, 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 20 February 2023.

Questions about 1210, Meera Tower

What did unit 1210 last sell for?

AED 3,112,845 on 20 February 2023, sold by the developer: AED 2,074 per sqft for 1,500 sqft. It is the only registered sale of the unit.

What is the rent for unit 1210?

AED 160,000 a year on the contract signed on 6 February 2023. The previous contract, from July 2022, was AED 92,400; the unit has been rented since June 2018.

How big is unit 1210?

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 1210 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 1210, Meera Tower

Starts from the last sale price (AED 3.11M, 20 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,112,845
Deposit, UAE resident (20%)
AED 622,569
Deposit, non-resident (40%)
AED 1,245,138
Monthly over 25 years at 3.7%
AED 12,736

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