3803, Meera Tower
Sold prices and rental history: sold once, by the developer in April 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3803, Meera Tower
What is 3803 worth today?
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Source: Dubai Land Department. Updated 2 April 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,964 sqft
- Floor
- 38th of 44
- Parking
- L2-269, L2-270
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 37,300 /yr
- Last sold
- AED 4.52M · April 2023
- Building
- Meera Tower
About 3803, Meera Tower
3803 is a three-bedroom apartment of 1,964 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 2 April 2023 for AED 4,517,913, or AED 2,299 per sqft, in line with the AED 2,313 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 7 February 2022, is AED 170,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 37,300 a year.
Sales and rents for 3803 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 3803 sits
All 25 3-beds →3803 last sold in April 2023 at AED 2,299 per sqft, in line with what three-beds in Meera Tower were fetching at the time (AED 2,313). 3803's AED 170,000 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 38th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3801 | 3-bed | 1,987 sqft | AED 5.12MAED 5,118,396 · Mar 2023March 2023 | 195,000 /yr | |
| 3805 | 2-bed | 1,622 sqft | AED 3.25MAED 3,250,000 · Oct 2025October 2025 | 124,294 /yr | |
| 3806 | 2-bed | 1,277 sqft | AED 2.87MAED 2,870,290 · May 2023May 2023 | 148,352 /yr | |
| 3807 | 2-bed | 1,516 sqft | AED 3.02MAED 3,024,189 · Sep 2024September 2024 | 160,000 /yr | |
| 3808 | 2-bed | 1,372 sqft | AED 3.08MAED 3,082,429 · Jul 2023July 2023 | 160,000 /yr |
3803, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 2 April 2023 for AED 4,517,913, or AED 2,299 per sqft.
- Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 190,000 to AED 112,500 in 2020 and recovered to AED 170,000 by February 2022.
- At AED 170,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 37,300 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 2 April 2023.
Questions about 3803, Meera Tower
What did unit 3803 last sell for?
AED 4,517,913 on 2 April 2023, sold by the developer: AED 2,299 per sqft for 1,964 sqft. It is the only registered sale of the unit.
What is the rent for unit 3803?
AED 170,000 a year on the contract signed on 7 February 2022. The previous contract, from November 2021, was AED 120,000; the unit has been rented since February 2019.
How big is unit 3803?
1,964 sqft (182.5 sqm): a three-bedroom apartment on the 38th floor of a 44-storey tower completed in 2022.
What is unit 3803 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 3803, Meera Tower
Starts from the last sale price (AED 4.52M, 2 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,517,913
- Deposit, UAE resident (20%)
- AED 903,583
- Deposit, non-resident (40%)
- AED 1,807,165
- Monthly over 25 years at 3.7%
- AED 18,484
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →