1405, Meera Tower
Sold prices and rental history: sold once, by the developer in January 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 1405, Meera Tower
What is 1405 worth today?
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Source: Dubai Land Department. Updated 19 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 883 sqft
- Floor
- 14th of 44
- Parking
- L5-25
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1.85M · January 2023
- Building
- Meera Tower
About 1405, Meera Tower
1405 is a one-bedroom apartment of 883 sqft on the 14th 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 January 2023 for AED 1,853,319, or AED 2,099 per sqft, in line with the AED 2,099 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 19 January 2024, is AED 120,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 16,800 a year.
Sales and rents for 1405 over time
1405 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 1405 sits
All 57 1-beds →1405 last sold in January 2023 at AED 2,099 per sqft, in line with 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. 1405's AED 120,000 is in the upper 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 14th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1403 | 1-bed | 859 sqft | AED 1.8MAED 1,803,816 · Dec 2022December 2022 | 90,000 /yr | |
| 1404 | 2-bed | 1,500 sqft | AED 3.23MAED 3,225,357 · Jan 2023January 2023 | 150,000 /yr | |
| 1406 | 1-bed | 1,050 sqft | AED 2.2MAED 2,204,815 · Dec 2022December 2022 | 10,257,500 /yr | |
| 1407 | 1-bed | 956 sqft | AED 2.01MAED 2,006,576 · Jan 2023January 2023 | 100,000 /yr | |
| 1409 | 2-bed | 1,251 sqft | AED 2.6MAED 2,596,234 · Jan 2023January 2023 | 150,000 /yr |
1405, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 5 January 2023 for AED 1,853,319, or AED 2,099 per sqft.
- Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2019 and recovered to AED 120,000 by January 2024.
- At AED 120,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 16,800 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 19 January 2024.
Questions about 1405, Meera Tower
What did unit 1405 last sell for?
AED 1,853,319 on 5 January 2023, sold by the developer: AED 2,099 per sqft for 883 sqft. It is the only registered sale of the unit.
What is the rent for unit 1405?
AED 120,000 a year on the contract signed on 19 January 2024. The previous contract, from July 2022, was AED 92,400; the unit has been rented since July 2019.
How big is unit 1405?
883 sqft (82.0 sqm): a one-bedroom apartment on the 14th floor of a 44-storey tower completed in 2022.
What is unit 1405 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 1405, Meera Tower
Starts from the last sale price (AED 1.85M, 5 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,853,319
- Deposit, UAE resident (20%)
- AED 370,664
- Deposit, non-resident (40%)
- AED 741,328
- Monthly over 25 years at 3.7%
- AED 7,583
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →