1707, Meera Tower
Sold prices and rental history: sold once, by the developer in November 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 1707, Meera Tower
What is 1707 worth today?
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Source: Dubai Land Department. Updated 25 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 952 sqft
- Floor
- 17th of 44
- Parking
- L3-42
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 18,100 /yr
- Last sold
- AED 2M · November 2022
- Building
- Meera Tower
About 1707, Meera Tower
1707 is a one-bedroom apartment of 952 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 25 November 2022 for AED 2,000,000, or AED 2,100 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 2018 on 7 Ejari contracts. The current contract, signed on 28 March 2022, is AED 80,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1707 over time
1707 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 1707 sits
All 57 1-beds →1707 last sold in November 2022 at AED 2,100 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. 1707's AED 80,000 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 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 | |
| 1704 | 2-bed | 1,496 sqft | AED 3.25MAED 3,254,433 · Dec 2022December 2022 | 56,088 /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 | |
| 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 |
1707, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 25 November 2022 for AED 2,000,000, or AED 2,100 per sqft.
- Rented since March 2018 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2021 and recovered to AED 80,000 by March 2022.
- At AED 80,000 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 18,100 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 25 November 2022.
Questions about 1707, Meera Tower
What did unit 1707 last sell for?
AED 2,000,000 on 25 November 2022, sold by the developer: AED 2,100 per sqft for 952 sqft. It is the only registered sale of the unit.
What is the rent for unit 1707?
AED 80,000 a year on the contract signed on 28 March 2022. The previous contract, from May 2021, was AED 70,000; the unit has been rented since March 2018.
How big is unit 1707?
952 sqft (88.4 sqm): a one-bedroom apartment on the 17th floor of a 44-storey tower completed in 2022.
What is unit 1707 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 1707, Meera Tower
Starts from the last sale price (AED 2M, 25 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →