1605, Meera Tower
Sold prices and rental history: sold once, by the developer in October 2022, 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 1605, Meera Tower
What is 1605 worth today?
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Source: Dubai Land Department. Updated 9 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 883 sqft
- Floor
- 16th of 44
- Parking
- L4-35
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1.85M · October 2022
- Building
- Meera Tower
About 1605, Meera Tower
1605 is a one-bedroom apartment of 883 sqft on the 16th 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 29 October 2022 for AED 1,853,545, 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, renewed on 9 August 2024, is AED 100,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 16,800 a year.
Sales and rents for 1605 over time
1605 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 1605 sits
All 57 1-beds →1605 last sold in October 2022 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. 1605's AED 100,000 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 16th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,496 sqft | AED 2.93MAED 2,926,725 · Jul 2024July 2024 | 145,000 /yr | |
| 1603 | 1-bed | 868 sqft | AED 1.84MAED 1,840,576 · Mar 2023March 2023 | 85,000 /yr | |
| 1604 | 2-bed | 1,496 sqft | AED 3.34MAED 3,341,864 · May 2024May 2024 | 180,000 /yr | |
| 1606 | 1-bed | 1,050 sqft | AED 2.23MAED 2,226,863 · May 2023May 2023 | 115,000 /yr | |
| 1607 | 1-bed | 952 sqft | AED 2MAED 2,000,000 · Feb 2023February 2023 | 120,000 /yr | |
| 1608 | 1-bed | 880 sqft | AED 1.85MAED 1,847,442 · Oct 2022October 2022 | 85,000 /yr | |
| 1609 | 2-bed | 1,260 sqft | AED 2.74MAED 2,741,019 · Jan 2023January 2023 | 165,000 /yr | |
| 1610 | 2-bed | 1,496 sqft | AED 3.14MAED 3,141,985 · Mar 2023March 2023 | 155,000 /yr |
1605, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 29 October 2022 for AED 1,853,545, or AED 2,099 per sqft.
- Rented since July 2019 on 6 Ejari contracts, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 5.4%, 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 9 August 2024.
Questions about 1605, Meera Tower
What did unit 1605 last sell for?
AED 1,853,545 on 29 October 2022, 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 1605?
AED 100,000 a year on the contract renewed on 9 August 2024. The previous contract, from August 2023, was AED 100,000; the unit has been rented since July 2019.
How big is unit 1605?
883 sqft (82.0 sqm): a one-bedroom apartment on the 16th floor of a 44-storey tower completed in 2022.
What is unit 1605 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 1605, Meera Tower
Starts from the last sale price (AED 1.85M, 29 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,853,545
- Deposit, UAE resident (20%)
- AED 370,709
- Deposit, non-resident (40%)
- AED 741,418
- 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 →