2901, 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 2901, Meera Tower
What is 2901 worth today?
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Source: Dubai Land Department. Updated 17 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,970 sqft
- Floor
- 29th of 44
- Parking
- L5-214, L5-215
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 37,400 /yr
- Last sold
- AED 4.53M · May 2023
- Building
- Meera Tower
About 2901, Meera Tower
2901 is a three-bedroom apartment of 1,970 sqft on the 29th 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 17 May 2023 for AED 4,532,012, 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 5 Ejari contracts. The current contract, signed on 1 September 2022, is AED 110,000 a year: a gross yield of 2.4% on the 2023 price, before the service charge of about AED 37,400 a year.
Sales and rents for 2901 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 2901 sits
All 25 3-beds →2901 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). 2901's AED 110,000 is at the bottom 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 29th floor
All 160 units in Meera Tower2901, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 17 May 2023 for AED 4,532,012, or AED 2,299 per sqft.
- Rented since March 2018 on 5 Ejari contracts, from AED 199,992 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 2.4%, before a service charge of about AED 37,400 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 17 May 2023.
Questions about 2901, Meera Tower
What did unit 2901 last sell for?
AED 4,532,012 on 17 May 2023, sold by the developer: AED 2,299 per sqft for 1,970 sqft. It is the only registered sale of the unit.
What is the rent for unit 2901?
AED 110,000 a year on the contract signed on 1 September 2022. The previous contract, from February 2021, was AED 110,000; the unit has been rented since March 2018.
How big is unit 2901?
1,970 sqft (183.0 sqm): a three-bedroom apartment on the 29th floor of a 44-storey tower completed in 2022.
What is unit 2901 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 2901, Meera Tower
Starts from the last sale price (AED 4.53M, 17 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,532,012
- Deposit, UAE resident (20%)
- AED 906,402
- Deposit, non-resident (40%)
- AED 1,812,805
- Monthly over 25 years at 3.7%
- AED 18,542
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →