3-bed · 1,987 sqftMeera Tower, Business Bay · 38th floor · completed 2022

3801, Meera Tower

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from August 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3801 · DLD and Ejari recordsUpdated 5 March 2023
Last soldAED 5.12M5 March 2023
Current rentAED 195K /yr8 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3801, Meera Tower

What is 3801 worth today?

Last sold for AED 5,118,396 in 2023

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5 Mar 2023Sold by developerReady
AED 5,118,396AED 2,575 per sqft
8 Aug 2019RentedNew contract
AED 195,000/yr60 months · AED 97 per sqft

Source: Dubai Land Department. Updated 5 March 2023.

Key facts

Type
3-bed apartment
Size
1,987 sqft
Floor
38th of 44
Parking
B-392, B-393
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 37,700 /yr
Last sold
AED 5.12M · March 2023
Building
Meera Tower

About 3801, Meera Tower

3801 is a three-bedroom apartment of 1,987 sqft on the 38th 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 5 March 2023 for AED 5,118,396, or AED 2,575 per sqft, 10% above the AED 2,349 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 August 2019. The current contract, signed on 8 August 2019, is AED 195,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 37,700 a year.

Sales and rents for 3801 over time

Rents
Unit 3801, each contractTypical three-bed in Meera Tower
150K200K2018202120242027Typical rent by year: 2018 AED 148,500; 2019 AED 155,000; 2020 AED 140,000; 2021 AED 140,000; 2022 AED 150,000; 2023 AED 225,000; 2024 AED 230,000; 2025 AED 230,000; 2026 AED 190,000New contract, August 2019: AED 195,000 a year

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 3801 sits

All 25 3-beds →

3801 last sold in March 2023 at AED 2,575 per sqft, 10% above what three-beds in Meera Tower were fetching at the time (AED 2,349). 3801's AED 195,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jan 20245,167,084
28 Aug 20234,570,882
6 Aug 20234,574,583
1 Aug 20234,443,140
0 3-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 38th floor

All 160 units in Meera Tower
Value
38033-bedAED 4.52M · Apr 2023
38052-bedAED 3.25M · Oct 2025
38062-bedAED 2.87M · May 2023
38072-bedAED 3.02M · Sep 2024
38082-bedAED 3.08M · Jul 2023

3801, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 5 March 2023 for AED 5,118,396, or AED 2,575 per sqft.
  • Rented since August 2019 on one Ejari contract, at AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 37,700 a year (AED 18.99 per sqft).

Source: Dubai Land Department. Updated 5 March 2023.

Questions about 3801, Meera Tower

What did unit 3801 last sell for?

AED 5,118,396 on 5 March 2023, sold by the developer: AED 2,575 per sqft for 1,987 sqft. It is the only registered sale of the unit.

What is the rent for unit 3801?

AED 195,000 a year on the contract signed on 8 August 2019.

How big is unit 3801?

1,987 sqft (184.6 sqm): a three-bedroom apartment on the 38th floor of a 44-storey tower completed in 2022.

What is unit 3801 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 3801, Meera Tower

Starts from the last sale price (AED 5.12M, 5 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,118,396
Deposit, UAE resident (20%)
AED 1,023,679
Deposit, non-resident (40%)
AED 2,047,358
Monthly over 25 years at 3.7%
AED 20,941

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