1704, Meera Tower
Sold prices and rental history: sold once, by the developer in December 2022, 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 1704, Meera Tower
What is 1704 worth today?
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Source: Dubai Land Department. Updated 6 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,496 sqft
- Floor
- 17th of 44
- Parking
- L3-266
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 28,400 /yr
- Last sold
- AED 3.25M · December 2022
- Building
- Meera Tower
About 1704, Meera Tower
1704 is a two-bedroom apartment of 1,496 sqft on the 17th 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 6 December 2022 for AED 3,254,433, 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 5 Ejari contracts. The current contract, renewed on 20 August 2022, is AED 56,088 a year: a gross yield of 1.7% on the 2022 price, before the service charge of about AED 28,400 a year.
Sales and rents for 1704 over time
1704 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 1704 sits
All 77 2-beds →1704 last sold in December 2022 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. 1704's AED 56,088 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 17th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,496 sqft | AED 3.25MAED 3,254,433 · Jan 2023January 2023 | 130,000 /yr | |
| 1703 | 1-bed | 868 sqft | AED 1.66MAED 1,655,607 · Jun 2024June 2024 | 115,000 /yr | |
| 1705 | 1-bed | 883 sqft | AED 1.85MAED 1,853,545 · Nov 2022November 2022 | 110,000 /yr | |
| 1706 | 1-bed | 1,050 sqft | AED 2.23MAED 2,226,863 · May 2023May 2023 | 89,250 /yr | |
| 1707 | 1-bed | 952 sqft | AED 2MAED 2,000,000 · Nov 2022November 2022 | 80,000 /yr | |
| 1708 | 1-bed | 880 sqft | AED 1.85MAED 1,847,442 · Feb 2023February 2023 | 120,000 /yr | |
| 1709 | 2-bed | 1,260 sqft | AED 2.74MAED 2,741,019 · May 2023May 2023 | 180,000 /yr | |
| 1710 | 2-bed | 1,496 sqft | AED 3.14MAED 3,141,985 · Feb 2023February 2023 | 125,000 /yr |
1704, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 6 December 2022 for AED 3,254,433, or AED 2,174 per sqft.
- Rented since November 2018 on 5 Ejari contracts, from AED 108,000 to AED 56,088 a year.
- At AED 56,088 a year the gross yield on the 2022 price is 1.7%, before a service charge of about AED 28,400 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 6 December 2022.
Questions about 1704, Meera Tower
What did unit 1704 last sell for?
AED 3,254,433 on 6 December 2022, sold by the developer: AED 2,174 per sqft for 1,496 sqft. It is the only registered sale of the unit.
What is the rent for unit 1704?
AED 56,088 a year on the contract renewed on 20 August 2022. The previous contract, from August 2021, was AED 56,088; the unit has been rented since November 2018.
How big is unit 1704?
1,496 sqft (139.0 sqm): a two-bedroom apartment on the 17th floor of a 44-storey tower completed in 2022.
What is unit 1704 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 1704, Meera Tower
Starts from the last sale price (AED 3.25M, 6 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,254,433
- Deposit, UAE resident (20%)
- AED 650,887
- Deposit, non-resident (40%)
- AED 1,301,773
- Monthly over 25 years at 3.7%
- AED 13,315
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →