
3706, Meera Tower
Sold prices and rental history: sold once, by the developer in July 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3706, Meera Tower
What is 3706 worth today?
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Source: Dubai Land Department. Updated 4 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,277 sqft
- Floor
- 37th of 44
- Parking
- L5-223
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 24,300 /yr
- Last sold
- AED 2.95M · July 2023
- Building
- Meera Tower
About 3706, Meera Tower
3706 is a two-bedroom apartment of 1,277 sqft on the 37th 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 4 July 2023 for AED 2,952,549, or AED 2,311 per sqft, 6% above the AED 2,174 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 18 January 2021, is AED 110,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 24,300 a year.
Sales and rents for 3706 over time
3706 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Meera Tower, and where 3706 sits
All 77 2-beds →3706 last sold in July 2023 at AED 2,311 per sqft, 6% above what two-beds in Meera Tower were fetching at the time (AED 2,174). Over the last 12 months two-beds sold for AED 2,675,000, around AED 2,093 per sqft, and rent for AED 105,000 to 200,000 a year. 3706's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202619 June 2026 | 1,278 sqft | 2,675,000 | 2,093 | ||
| 13 Oct 202513 October 2025 | 1,622 sqft | 3,250,000 | 2,003 | ||
| 30 Oct 202430 October 2024 | 1,269 sqft | 2,500,000 | 1,970 | ||
| 14 Oct 202414 October 2024 | 1,516 sqft | 3,106,305 | 2,048 |
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 37th floor
All 160 units in Meera Tower3706, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 4 July 2023 for AED 2,952,549, or AED 2,311 per sqft.
- Rented since September 2018 on 3 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2019 and recovered to AED 110,000 by January 2021.
- At AED 110,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 24,300 a year (AED 18.99 per sqft).
- Two-beds in Meera Tower sold for AED 2,675,000–2,675,000 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 4 July 2023.
Questions about 3706, Meera Tower
What did unit 3706 last sell for?
AED 2,952,549 on 4 July 2023, sold by the developer: AED 2,311 per sqft for 1,277 sqft. It is the only registered sale of the unit.
What is the rent for unit 3706?
AED 110,000 a year on the contract signed on 18 January 2021. The previous contract, from September 2019, was AED 75,000; the unit has been rented since September 2018.
How big is unit 3706?
1,277 sqft (118.6 sqm): a two-bedroom apartment on the 37th floor of a 44-storey tower completed in 2022.
What is unit 3706 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Meera Tower sold for AED 2,675,000 to 2,675,000 in the last 12 months, around AED 2,093 per sqft.
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Mortgage on 3706, Meera Tower
Starts from the last sale price (AED 2.95M, 4 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,952,549
- Deposit, UAE resident (20%)
- AED 590,510
- Deposit, non-resident (40%)
- AED 1,181,020
- Monthly over 25 years at 3.7%
- AED 12,080
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →