1309, Meera Tower
Sold prices and rental history: sold once, by the developer in April 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 1309, Meera Tower
What is 1309 worth today?
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Source: Dubai Land Department. Updated 5 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,251 sqft
- Floor
- 13th of 44
- Parking
- L2-14
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 23,800 /yr
- Last sold
- AED 2.72M · April 2023
- Building
- Meera Tower
About 1309, Meera Tower
1309 is a two-bedroom apartment of 1,251 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 5 April 2023 for AED 2,716,974, or AED 2,171 per sqft, in line with the AED 2,149 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 13 July 2022, is AED 100,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 23,800 a year.
Sales and rents for 1309 over time
1309 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 1309 sits
All 77 2-beds →1309 last sold in April 2023 at AED 2,171 per sqft, in line with 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. 1309's AED 100,000 is at the bottom 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 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 | |
| 1308 | 1-bed | 870 sqft | AED 2MAED 2,000,000 · Jun 2023June 2023 | 80,000 /yr | |
| 1310 | 2-bed | 1,500 sqft | AED 3.35MAED 3,350,798 · Sep 2023September 2023 | 155,000 /yr |
1309, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 5 April 2023 for AED 2,716,974, or AED 2,171 per sqft.
- Rented since May 2018 on 6 Ejari contracts, from AED 110,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 3.7%, 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 5 April 2023.
Questions about 1309, Meera Tower
What did unit 1309 last sell for?
AED 2,716,974 on 5 April 2023, sold by the developer: AED 2,171 per sqft for 1,251 sqft. It is the only registered sale of the unit.
What is the rent for unit 1309?
AED 100,000 a year on the contract renewed on 13 July 2022. The previous contract, from July 2021, was AED 100,000; the unit has been rented since May 2018.
How big is unit 1309?
1,251 sqft (116.2 sqm): a two-bedroom apartment on the 13th floor of a 44-storey tower completed in 2022.
What is unit 1309 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 1309, Meera Tower
Starts from the last sale price (AED 2.72M, 5 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,716,974
- Deposit, UAE resident (20%)
- AED 543,395
- Deposit, non-resident (40%)
- AED 1,086,790
- Monthly over 25 years at 3.7%
- AED 11,116
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →