1-bed · 883 sqftMeera Tower, Business Bay · 17th floor · completed 2022

1705, Meera Tower

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 1.85M3 November 2022
Current rentAED 110K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Meera Tower

What is 1705 worth today?

Last sold for AED 1,853,545 in 2022

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15 May 2025RentedNew contract
AED 110,000/yr12 months · AED 125 per sqft
15 May 2025RentedNew contract
AED 110,000/yr12 months · AED 125 per sqft
1 Feb 2024RentedNew contract
AED 115,000/yr12 months · AED 130 per sqft
17 Dec 2022RentedNew contract
AED 110,000/yr12 months · AED 125 per sqft
3 Nov 2022Sold by developerReady
AED 1,853,545AED 2,099 per sqft
21 Nov 2021RentedRenewal
AED 68,400/yr12 months · AED 77 per sqft
21 Nov 2020RentedNew contract
AED 68,400/yr12 months · AED 77 per sqft
10 Oct 2019RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
17th of 44
Parking
L4-44
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 16,800 /yr
Last sold
AED 1.85M · November 2022
Building
Meera Tower

About 1705, Meera Tower

1705 is a one-bedroom apartment of 883 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 3 November 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 8 Ejari contracts. The current contract, signed on 15 May 2025, is AED 110,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, each saleTypical one-bed in Meera Tower
1.8M1.9M2M202220242026Typical sale price by year: 2022 AED 1,853,545; 2023 AED 2,000,000; 2026 AED 1,800,000Sold by developer, November 2022: AED 1,853,545 (AED 2,099 per sqft)

1705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1705, each contractTypical one-bed in Meera Tower
75K100K2018202120242027Typical rent by year: 2018 AED 100,112; 2019 AED 100,000; 2020 AED 92,400; 2021 AED 92,400; 2022 AED 92,400; 2023 AED 107,500; 2024 AED 115,000; 2025 AED 115,000; 2026 AED 100,000Renewal, July 2019: AED 100,000 a yearNew contract, October 2019: AED 80,000 a yearNew contract, November 2020: AED 68,400 a yearRenewal, November 2021: AED 68,400 a yearNew contract, December 2022: AED 110,000 a yearNew contract, February 2024: AED 115,000 a yearNew contract, May 2025: AED 110,000 a yearNew contract, May 2025: AED 110,000 a year

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 1705 sits

All 57 1-beds →

1705 last sold in November 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. 1705's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Apr 20262,000,000
10 Apr 20261,800,000
8 Apr 20261,730,000
18 Jul 20251,760,000
3 1-bed sales 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 17th floor

All 160 units in Meera Tower
Value
17012-bedAED 3.25M · Jan 2023
17031-bedAED 1.66M · Jun 2024
17042-bedAED 3.25M · Dec 2022
17061-bedAED 2.23M · May 2023
17071-bedAED 2M · Nov 2022
17081-bedAED 1.85M · Feb 2023
17092-bedAED 2.74M · May 2023
1–7 of 8

1705, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 3 November 2022 for AED 1,853,545, or AED 2,099 per sqft.
  • Rented since July 2019 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 68,400 in 2021 and recovered to AED 110,000 by May 2025.
  • At AED 110,000 a year the gross yield on the 2022 price is 5.9%, 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 15 May 2025.

Questions about 1705, Meera Tower

What did unit 1705 last sell for?

AED 1,853,545 on 3 November 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 1705?

AED 110,000 a year on the contract signed on 15 May 2025. The previous contract, from May 2025, was AED 110,000; the unit has been rented since July 2019.

How big is unit 1705?

883 sqft (82.0 sqm): a one-bedroom apartment on the 17th floor of a 44-storey tower completed in 2022.

What is unit 1705 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 1705, Meera Tower

Starts from the last sale price (AED 1.85M, 3 November 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 →