2803, Meera Tower
Sold prices and rental history: sold once, by the developer in May 2023, 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 2803, Meera Tower
What is 2803 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,947 sqft
- Floor
- 28th of 44
- Parking
- L3-253
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 37,000 /yr
- Last sold
- AED 4.48M · May 2023
- Building
- Meera Tower
About 2803, Meera Tower
2803 is a three-bedroom apartment of 1,947 sqft on the 28th 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 May 2023 for AED 4,479,035, or AED 2,299 per sqft, in line with the AED 2,299 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 April 2024, is AED 215,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 37,000 a year.
Sales and rents for 2803 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Meera Tower, and where 2803 sits
All 25 3-beds →2803 last sold in May 2023 at AED 2,299 per sqft, in line with what three-beds in Meera Tower were fetching at the time (AED 2,299). 2803's AED 215,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jan 202410 January 2024 | 1,987 sqft | 5,167,084 | 2,599 | ||
| 28 Aug 202328 August 2023 | 1,987 sqft | 4,570,882 | 2,299 | ||
| 6 Aug 20236 August 2023 | 1,967 sqft | 4,574,583 | 2,325 | ||
| 1 Aug 20231 August 2023 | 1,932 sqft | 4,443,140 | 2,299 |
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 28th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 3-bed | 1,970 sqft | AED 4.53MAED 4,532,012 · May 2023May 2023 | 112,500 /yr | |
| 2804 | 3-bed | 1,932 sqft | AED 4.49MAED 4,494,330 · Feb 2023February 2023 | 150,000 /yr | |
| 2806 | 2-bed | 1,278 sqft | AED 2.84MAED 2,838,757 · May 2023May 2023 | 160,000 /yr | |
| 2807 | 2-bed | 1,499 sqft | AED 3.22MAED 3,217,653 · May 2023May 2023 | 170,000 /yr |
2803, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 16 May 2023 for AED 4,479,035, or AED 2,299 per sqft.
- Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 134,000 in 2022 and recovered to AED 215,000 by April 2024.
- At AED 215,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 37,000 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 15 April 2024.
Questions about 2803, Meera Tower
What did unit 2803 last sell for?
AED 4,479,035 on 16 May 2023, sold by the developer: AED 2,299 per sqft for 1,947 sqft. It is the only registered sale of the unit.
What is the rent for unit 2803?
AED 215,000 a year on the contract signed on 15 April 2024. The previous contract, from March 2022, was AED 134,000; the unit has been rented since June 2018.
How big is unit 2803?
1,947 sqft (180.9 sqm): a three-bedroom apartment on the 28th floor of a 44-storey tower completed in 2022.
What is unit 2803 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 2803? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2803, Meera Tower
Starts from the last sale price (AED 4.48M, 16 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,479,035
- Deposit, UAE resident (20%)
- AED 895,807
- Deposit, non-resident (40%)
- AED 1,791,614
- Monthly over 25 years at 3.7%
- AED 18,325
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →