2-bed · 1,260 sqftMeera Tower, Business Bay · 16th floor · completed 2022

1609, Meera Tower

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 2.74M20 January 2023
Current rentAED 165K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Meera Tower

What is 1609 worth today?

Last sold for AED 2,741,019 in 2023

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1 Nov 2025RentedNew contract
AED 165,000/yr12 months · AED 131 per sqft
1 Nov 2024RentedRenewal
AED 165,000/yr12 months · AED 131 per sqft
1 Nov 2023RentedNew contract
AED 165,000/yr12 months · AED 131 per sqft
20 Jan 2023Sold by developerReady
AED 2,741,019AED 2,174 per sqft
15 Jul 2022RentedRenewal
AED 92,400/yr12 months · AED 73 per sqft
15 Jul 2021RentedRenewal
AED 92,400/yr12 months · AED 73 per sqft
1 Oct 2020RentedNew contract
AED 92,400/yr9 months · AED 73 per sqft
7 May 2020RentedRenewal
AED 90,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
1,260 sqft
Floor
16th of 44
Parking
L5-222
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,900 /yr
Last sold
AED 2.74M · January 2023
Building
Meera Tower

About 1609, Meera Tower

1609 is a two-bedroom apartment of 1,260 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 20 January 2023 for AED 2,741,019, or AED 2,174 per sqft, in line with the AED 2,174 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 1 November 2025, is AED 165,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 23,900 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical two-bed in Meera Tower
2.75M3M3.25M2022202320242025Typical sale price by year: 2022 AED 3,221,026; 2023 AED 3,141,985; 2024 AED 3,024,189Sold by developer, January 2023: AED 2,741,019 (AED 2,174 per sqft)

1609 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1609, 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, May 2018: AED 112,500 a yearNew contract, May 2019: AED 90,000 a yearRenewal, May 2020: AED 90,000 a yearNew contract, October 2020: AED 92,400 a yearRenewal, July 2021: AED 92,400 a yearRenewal, July 2022: AED 92,400 a yearNew contract, November 2023: AED 165,000 a yearRenewal, November 2024: AED 165,000 a yearNew contract, November 2025: AED 165,000 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 1609 sits

All 77 2-beds →

1609 last sold in January 2023 at AED 2,174 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,174). 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. 1609's AED 165,000 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 16th floor

All 160 units in Meera Tower
Value
16012-bedAED 2.93M · Jul 2024
16031-bedAED 1.84M · Mar 2023
16042-bedAED 3.34M · May 2024
16051-bedAED 1.85M · Oct 2022
16061-bedAED 2.23M · May 2023
16071-bedAED 2M · Feb 2023
16081-bedAED 1.85M · Oct 2022
1–7 of 8

1609, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 20 January 2023 for AED 2,741,019, or AED 2,174 per sqft.
  • Rented since May 2018 on 9 Ejari contracts. The rent fell from AED 112,500 to AED 90,000 in 2020 and recovered to AED 165,000 by November 2025.
  • At AED 165,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 23,900 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 1 November 2025.

Questions about 1609, Meera Tower

What did unit 1609 last sell for?

AED 2,741,019 on 20 January 2023, sold by the developer: AED 2,174 per sqft for 1,260 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 165,000 a year on the contract signed on 1 November 2025. The previous contract, from November 2024, was AED 165,000; the unit has been rented since May 2018.

How big is unit 1609?

1,260 sqft (117.1 sqm): a two-bedroom apartment on the 16th floor of a 44-storey tower completed in 2022.

What is unit 1609 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 1609, Meera Tower

Starts from the last sale price (AED 2.74M, 20 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,741,019
Deposit, UAE resident (20%)
AED 548,204
Deposit, non-resident (40%)
AED 1,096,408
Monthly over 25 years at 3.7%
AED 11,214

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