1-bed · 952 sqftMeera Tower, Business Bay · 19th floor · completed 2022

1907, Meera Tower

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

Unit 1907 · DLD and Ejari recordsUpdated 16 December 2022
Last soldAED 2.05M16 December 2022
Current rentAED 92K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1907, Meera Tower

What is 1907 worth today?

Last sold for AED 2,047,177 in 2022

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16 Dec 2022Sold by developerReady
AED 2,047,177AED 2,149 per sqft
15 Jul 2021RentedRenewal
AED 92,400/yr12 months · AED 97 per sqft
12 Feb 2021RentedNew contract
AED 92,400/yr5 months · AED 96 per sqft
15 Jan 2020RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
13 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 16 December 2022.

Key facts

Type
1-bed apartment
Size
952 sqft
Floor
19th of 44
Parking
L5-227
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 18,100 /yr
Last sold
AED 2.05M · December 2022
Building
Meera Tower

About 1907, Meera Tower

1907 is a one-bedroom apartment of 952 sqft on the 19th 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 16 December 2022 for AED 2,047,177, or AED 2,149 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 4 Ejari contracts. The current contract, renewed on 15 July 2021, is AED 92,400 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1907 over time

Sales
Unit 1907, each saleTypical one-bed in Meera Tower
1.8M2M202220242026Typical sale price by year: 2022 AED 1,853,545; 2023 AED 2,000,000; 2026 AED 1,800,000Sold by developer, December 2022: AED 2,047,177 (AED 2,149 per sqft)

1907 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1907, each contractTypical one-bed in Meera Tower
80K100K120K2018202120242027Typical 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, January 2020: AED 80,000 a yearNew contract, February 2021: AED 92,400 a yearRenewal, July 2021: AED 92,400 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 1907 sits

All 57 1-beds →

1907 last sold in December 2022 at AED 2,149 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. 1907's AED 92,400 is in the lower 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 19th floor

All 160 units in Meera Tower
Value
19012-bedAED 3.25M · Dec 2022
19031-bedAED 1.88M · Mar 2023
19042-bedAED 3.14M · Dec 2022
19051-bedAED 1.9M · Nov 2022
19081-bedAED 2M · Apr 2023
19092-bedAED 2.74M · Dec 2022
19102-bedAED 3.25M · Dec 2022
1–7 of 8

1907, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 16 December 2022 for AED 2,047,177, or AED 2,149 per sqft.
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2020 and recovered to AED 92,400 by July 2021.
  • At AED 92,400 a year the gross yield on the 2022 price is 4.5%, 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 16 December 2022.

Questions about 1907, Meera Tower

What did unit 1907 last sell for?

AED 2,047,177 on 16 December 2022, sold by the developer: AED 2,149 per sqft for 952 sqft. It is the only registered sale of the unit.

What is the rent for unit 1907?

AED 92,400 a year on the contract renewed on 15 July 2021. The previous contract, from February 2021, was AED 92,400; the unit has been rented since July 2019.

How big is unit 1907?

952 sqft (88.4 sqm): a one-bedroom apartment on the 19th floor of a 44-storey tower completed in 2022.

What is unit 1907 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 1907, Meera Tower

Starts from the last sale price (AED 2.05M, 16 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,047,177
Deposit, UAE resident (20%)
AED 409,435
Deposit, non-resident (40%)
AED 818,871
Monthly over 25 years at 3.7%
AED 8,376

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