2-bed · 1,251 sqftMeera Tower, Business Bay · 8th floor · completed 2022

809, Meera Tower

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

Unit 809 · DLD and Ejari recordsUpdated 2 February 2023
Last soldAED 2.66M2 February 2023
Current rentAED 100K /yr13 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Meera Tower

What is 809 worth today?

Last sold for AED 2,658,794 in 2023

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2 Feb 2023Sold by developerReady
AED 2,658,794AED 2,124 per sqft
13 Jul 2022RentedRenewal
AED 100,000/yr12 months · AED 80 per sqft
13 Jul 2021RentedRenewal
AED 93,548/yr12 months · AED 75 per sqft
13 Jul 2021RentedNew contract
AED 100,000/yr12 months · AED 80 per sqft
6 Aug 2020RentedNew contract
AED 100,000/yr11 months · AED 79 per sqft
5 Oct 2019RentedNew contract
AED 100,000/yr9 months · AED 79 per sqft
5 Oct 2019RentedNew contract
AED 100,697/yr9 months · AED 80 per sqft

Source: Dubai Land Department. Updated 2 February 2023.

Key facts

Type
2-bed apartment
Size
1,251 sqft
Floor
8th of 44
Parking
L4-10
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,800 /yr
Last sold
AED 2.66M · February 2023
Building
Meera Tower

About 809, Meera Tower

809 is a two-bedroom apartment of 1,251 sqft on the 8th 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 February 2023 for AED 2,658,794, or AED 2,124 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 2019 on 6 Ejari contracts. The current contract, renewed on 13 July 2022, is AED 100,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 23,800 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical two-bed in Meera Tower
3M2022202320242025Typical sale price by year: 2022 AED 3,221,026; 2023 AED 3,141,985; 2024 AED 3,024,189Sold by developer, February 2023: AED 2,658,794 (AED 2,124 per sqft)

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

Rents
Unit 809, 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 2019: AED 100,000 a yearNew contract, October 2019: AED 100,697 a yearNew contract, August 2020: AED 100,000 a yearRenewal, July 2021: AED 93,548 a yearNew contract, July 2021: AED 100,000 a yearRenewal, July 2022: AED 100,000 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 809 sits

All 77 2-beds →

809 last sold in February 2023 at AED 2,124 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. 809's AED 100,000 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 8th floor

All 160 units in Meera Tower
Value
8031-bedAED 2M · Mar 2023
8042-bedAED 3.08M · Feb 2023
8051-bedAED 2M · Jul 2023
8061-bedAED 2.17M · Mar 2023
8071-bedAED 2M · Feb 2023
8081-bedAED 1.78M · Dec 2022

809, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 2 February 2023 for AED 2,658,794, or AED 2,124 per sqft.
  • Rented since October 2019 on 6 Ejari contracts, from AED 100,697 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 23,800 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 2 February 2023.

Questions about 809, Meera Tower

What did unit 809 last sell for?

AED 2,658,794 on 2 February 2023, sold by the developer: AED 2,124 per sqft for 1,251 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 100,000 a year on the contract renewed on 13 July 2022. The previous contract, from July 2021, was AED 93,548; the unit has been rented since October 2019.

How big is unit 809?

1,251 sqft (116.2 sqm): a two-bedroom apartment on the 8th floor of a 44-storey tower completed in 2022.

What is unit 809 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 809, Meera Tower

Starts from the last sale price (AED 2.66M, 2 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,658,794
Deposit, UAE resident (20%)
AED 531,759
Deposit, non-resident (40%)
AED 1,063,518
Monthly over 25 years at 3.7%
AED 10,878

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