2804, Meera Tower
Sold prices and rental history: sold once, by the developer in February 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 2804, Meera Tower
What is 2804 worth today?
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Source: Dubai Land Department. Updated 20 February 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,932 sqft
- Floor
- 28th of 44
- Parking
- L2-248, L2-249
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 36,700 /yr
- Last sold
- AED 4.49M · February 2023
- Building
- Meera Tower
About 2804, Meera Tower
2804 is a three-bedroom apartment of 1,932 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 20 February 2023 for AED 4,494,330, or AED 2,326 per sqft, in line with the AED 2,338 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 10 February 2023, is AED 150,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 36,700 a year.
Sales and rents for 2804 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 2804 sits
All 25 3-beds →2804 last sold in February 2023 at AED 2,326 per sqft, in line with what three-beds in Meera Tower were fetching at the time (AED 2,338). 2804's AED 150,000 is in the lower 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 | |
| 2803 | 3-bed | 1,947 sqft | AED 4.48MAED 4,479,035 · May 2023May 2023 | 215,000 /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 |
2804, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 20 February 2023 for AED 4,494,330, or AED 2,326 per sqft.
- Rented since December 2018 on 5 Ejari contracts, from AED 170,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 36,700 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 20 February 2023.
Questions about 2804, Meera Tower
What did unit 2804 last sell for?
AED 4,494,330 on 20 February 2023, sold by the developer: AED 2,326 per sqft for 1,932 sqft. It is the only registered sale of the unit.
What is the rent for unit 2804?
AED 150,000 a year on the contract signed on 10 February 2023. The previous contract, from February 2022, was AED 145,000; the unit has been rented since December 2018.
How big is unit 2804?
1,932 sqft (179.5 sqm): a three-bedroom apartment on the 28th floor of a 44-storey tower completed in 2022.
What is unit 2804 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2804, Meera Tower
Starts from the last sale price (AED 4.49M, 20 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,494,330
- Deposit, UAE resident (20%)
- AED 898,866
- Deposit, non-resident (40%)
- AED 1,797,732
- Monthly over 25 years at 3.7%
- AED 18,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →