4001, Meera Tower
Sold prices and rental history: sold once, by the developer in April 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 4001, Meera Tower
What is 4001 worth today?
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Source: Dubai Land Department. Updated 1 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,987 sqft
- Floor
- 40th of 44
- Parking
- B-390, B-391
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 37,700 /yr
- Last sold
- AED 4.43M · April 2023
- Building
- Meera Tower
About 4001, Meera Tower
4001 is a three-bedroom apartment of 1,987 sqft on the 40th 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 April 2023 for AED 4,433,757, or AED 2,230 per sqft, 3% below 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 June 2023, is AED 230,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 37,700 a year.
Sales and rents for 4001 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 4001 sits
All 25 3-beds →4001 last sold in April 2023 at AED 2,230 per sqft, 3% below what three-beds in Meera Tower were fetching at the time (AED 2,299). 4001's AED 230,000 is in the upper 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 40th floor
All 160 units in Meera Tower4001, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 4 April 2023 for AED 4,433,757, or AED 2,230 per sqft.
- Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 120,000 in 2021 and recovered to AED 230,000 by June 2023.
- At AED 230,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 37,700 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 1 June 2023.
Questions about 4001, Meera Tower
What did unit 4001 last sell for?
AED 4,433,757 on 4 April 2023, sold by the developer: AED 2,230 per sqft for 1,987 sqft. It is the only registered sale of the unit.
What is the rent for unit 4001?
AED 230,000 a year on the contract signed on 1 June 2023. The previous contract, from November 2021, was AED 120,000; the unit has been rented since October 2018.
How big is unit 4001?
1,987 sqft (184.6 sqm): a three-bedroom apartment on the 40th floor of a 44-storey tower completed in 2022.
What is unit 4001 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 4001, Meera Tower
Starts from the last sale price (AED 4.43M, 4 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,433,757
- Deposit, UAE resident (20%)
- AED 886,751
- Deposit, non-resident (40%)
- AED 1,773,503
- Monthly over 25 years at 3.7%
- AED 18,140
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →