1308, 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 1308, Meera Tower
What is 1308 worth today?
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Source: Dubai Land Department. Updated 26 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 870 sqft
- Floor
- 13th of 44
- Parking
- L4-228
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 16,500 /yr
- Last sold
- AED 2M · June 2023
- Building
- Meera Tower
About 1308, Meera Tower
1308 is a one-bedroom apartment of 870 sqft on the 13th 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 26 June 2023 for AED 2,000,000, or AED 2,299 per sqft, 10% above the AED 2,099 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 4 November 2021, is AED 80,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 16,500 a year.
Sales and rents for 1308 over time
1308 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 1308 sits
All 57 1-beds →1308 last sold in June 2023 at AED 2,299 per sqft, 10% 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. 1308's AED 80,000 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 13th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,500 sqft | AED 3.86MAED 3,862,938 · Nov 2023November 2023 | 150,000 /yr | |
| 1303 | 1-bed | 859 sqft | AED 1.82MAED 1,821,854 · Mar 2023March 2023 | 115,000 /yr | |
| 1304 | 2-bed | 1,500 sqft | AED 3.23MAED 3,225,357 · Jan 2023January 2023 | 110,000 /yr | |
| 1305 | 1-bed | 883 sqft | AED 1.8MAED 1,800,000 · Apr 2026April 2026 | 120,000 /yr | |
| 1307 | 1-bed | 956 sqft | AED 2.03MAED 2,026,642 · Feb 2023February 2023 | 90,000 /yr | |
| 1309 | 2-bed | 1,251 sqft | AED 2.72MAED 2,716,974 · Apr 2023April 2023 | 100,000 /yr | |
| 1310 | 2-bed | 1,500 sqft | AED 3.35MAED 3,350,798 · Sep 2023September 2023 | 155,000 /yr |
1308, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 26 June 2023 for AED 2,000,000, or AED 2,299 per sqft.
- Rented since March 2018 on 4 Ejari contracts, from AED 100,112 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 4.0%, 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 26 June 2023.
Questions about 1308, Meera Tower
What did unit 1308 last sell for?
AED 2,000,000 on 26 June 2023, sold by the developer: AED 2,299 per sqft for 870 sqft. It is the only registered sale of the unit.
What is the rent for unit 1308?
AED 80,000 a year on the contract signed on 4 November 2021. The previous contract, from July 2020, was AED 100,000; the unit has been rented since March 2018.
How big is unit 1308?
870 sqft (80.8 sqm): a one-bedroom apartment on the 13th floor of a 44-storey tower completed in 2022.
What is unit 1308 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 1308, Meera Tower
Starts from the last sale price (AED 2M, 26 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →