2-bed · 1,516 sqftMeera Tower, Business Bay · 39th floor · completed 2022

3907, Meera Tower

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3907 · DLD and Ejari recordsUpdated 17 January 2023
Last soldAED 3.37M17 January 2023
Current rentAED 82K /yr19 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3907, Meera Tower

What is 3907 worth today?

Last sold for AED 3,373,795 in 2023

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17 Jan 2023Sold by developerReady
AED 3,373,795AED 2,224 per sqft
19 Oct 2021RentedRenewal
AED 81,600/yr12 months · AED 54 per sqft
4 Feb 2021RentedNew contract
AED 81,600/yr8 months · AED 53 per sqft
1 Nov 2019RentedRenewal
AED 130,000/yr14 months · AED 85 per sqft
1 Oct 2018RentedNew contract
AED 148,000/yr13 months · AED 97 per sqft

Source: Dubai Land Department. Updated 17 January 2023.

Key facts

Type
2-bed apartment
Size
1,516 sqft
Floor
39th of 44
Parking
L3-273
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 28,800 /yr
Last sold
AED 3.37M · January 2023
Building
Meera Tower

About 3907, Meera Tower

3907 is a two-bedroom apartment of 1,516 sqft on the 39th 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 January 2023 for AED 3,373,795, or AED 2,224 per sqft, in line with the AED 2,174 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 19 October 2021, is AED 81,600 a year: a gross yield of 2.4% on the 2023 price, before the service charge of about AED 28,800 a year.

Sales and rents for 3907 over time

Sales
Unit 3907, each saleTypical two-bed in Meera Tower
3M3.2M3.4M2022202320242025Typical sale price by year: 2022 AED 3,221,026; 2023 AED 3,141,985; 2024 AED 3,024,189Sold by developer, January 2023: AED 3,373,795 (AED 2,224 per sqft)

3907 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3907, each contractTypical two-bed in Meera Tower
100K150K2018202120242027Typical rent by year: 2018 AED 127,500; 2019 AED 112,500; 2020 AED 95,000; 2021 AED 92,400; 2022 AED 92,400; 2023 AED 160,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, October 2018: AED 148,000 a yearRenewal, November 2019: AED 130,000 a yearNew contract, February 2021: AED 81,600 a yearRenewal, October 2021: AED 81,600 a year

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 3907 sits

All 77 2-beds →

3907 last sold in January 2023 at AED 2,224 per sqft, in line with 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. 3907's AED 81,600 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20262,675,000
13 Oct 20253,250,000
30 Oct 20242,500,000
14 Oct 20243,106,305
1 2-bed sale 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 39th floor

All 160 units in Meera Tower
Value
39013-bedAED 5.22M · Dec 2022

3907, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 17 January 2023 for AED 3,373,795, or AED 2,224 per sqft.
  • Rented since October 2018 on 4 Ejari contracts, from AED 148,000 to AED 81,600 a year.
  • At AED 81,600 a year the gross yield on the 2023 price is 2.4%, before a service charge of about AED 28,800 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 17 January 2023.

Questions about 3907, Meera Tower

What did unit 3907 last sell for?

AED 3,373,795 on 17 January 2023, sold by the developer: AED 2,224 per sqft for 1,516 sqft. It is the only registered sale of the unit.

What is the rent for unit 3907?

AED 81,600 a year on the contract renewed on 19 October 2021. The previous contract, from February 2021, was AED 81,600; the unit has been rented since October 2018.

How big is unit 3907?

1,516 sqft (140.8 sqm): a two-bedroom apartment on the 39th floor of a 44-storey tower completed in 2022.

What is unit 3907 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 3907, Meera Tower

Starts from the last sale price (AED 3.37M, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,373,795
Deposit, UAE resident (20%)
AED 674,759
Deposit, non-resident (40%)
AED 1,349,518
Monthly over 25 years at 3.7%
AED 13,803

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