1-bed · 616 sqftMerano Tower, Business Bay · 10th floor · completed 2020

1001, Merano Tower

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 900K14 August 2023
Current rentAED 85K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Merano Tower

What is 1001 worth today?

Last sold for AED 900,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Dec 2025RentedRenewal
AED 85,000/yr12 months · AED 139 per sqft
20 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 139 per sqft
20 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 139 per sqft
1 Dec 2023RentedRenewal
AED 54,000/yr12 months · AED 88 per sqft
14 Aug 2023SoldReady
AED 900,000AED 1,460 per sqft
1 Dec 2022RentedNew contract
AED 54,000/yr12 months · AED 88 per sqft
1 Dec 2021RentedRenewal
AED 49,000/yr12 months · AED 80 per sqft
1 Dec 2020RentedNew contract
AED 47,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
10th of 29
Parking
B1-001
Developer
DAMAC
Completed
2020
Service charge
AED 11,700 /yr
Last sold
AED 900K · August 2023
Building
Merano Tower

About 1001, Merano Tower

1001 is a one-bedroom apartment of 616 sqft on the 10th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 14 August 2023 for AED 900,000, or AED 1,460 per sqft, in line with the AED 1,499 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 85,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,061,015; 2017 AED 1,061,000; 2018 AED 1,069,110; 2019 AED 1,098,000; 2020 AED 995,000; 2021 AED 805,000; 2022 AED 982,000; 2023 AED 970,000; 2024 AED 1,100,000; 2025 AED 1,060,000; 2026 AED 1,075,000Sold by developer, October 2016: AED 1,163,200 (AED 1,887 per sqft)Sold, August 2023: AED 900,000 (AED 1,460 per sqft)

1001 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1001, each contractTypical one-bed in Merano Tower
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 48,000; 2022 AED 59,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 75,000New contract, December 2020: AED 47,000 a yearRenewal, December 2021: AED 49,000 a yearNew contract, December 2022: AED 54,000 a yearRenewal, December 2023: AED 54,000 a yearNew contract, December 2024: AED 85,000 a yearNew contract, December 2024: AED 85,000 a yearRenewal, December 2025: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Merano Tower, and where 1001 sits

All 397 1-beds →

1001 last sold in August 2023 at AED 1,460 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,499). Over the last 12 months one-beds sold for AED 924,900 to 1,200,000, around AED 1,556 per sqft, and rent for AED 48,000 to 126,000 a year. 1001's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 20261,040,000
28 Sep 20261,000,000
28 Sep 20261,000,000
18 Sep 2026990,000
21 1-bed sales in the last 12 months

Merano Tower

Building

574 apartments, studios to 3-bed over 29 floors in Business Bay, completed in 2020 by DAMAC. 33 sold in the last 12 months.

Typical price per sqft
AED 1,555 Down 3.3%
Typical sale
AED 1.13M
Typical rent
AED 75K /yr
Typical yield
7.4%
Merano Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 574 units in Merano Tower
Value
10021-bedAED 1.11M · May 2016
10031-bedAED 945K · Nov 2021
1004StudioAED 740K · Jan 2024
10051-bedAED 1.06M · Mar 2025
1006StudioAED 650K · Oct 2023
10071-bedAED 990K · Sep 2026
10081-bedAED 1.2M · Oct 2025
1–7 of 19

1001, Merano Tower in numbers

  • Sold twice: first on 6 October 2016 for AED 1,163,200, last on 14 August 2023 for AED 900,000 (AED 1,460 per sqft).
  • Rented since December 2020 on 7 Ejari contracts, from AED 47,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 11,700 a year (AED 19.02 per sqft).
  • One-beds in Merano Tower sold for AED 924,900–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,555 per sqft.

Source: Dubai Land Department. Updated 20 December 2025.

Questions about 1001, Merano Tower

What did unit 1001 last sell for?

AED 900,000 on 14 August 2023: AED 1,460 per sqft for 616 sqft. The unit has 2 registered sales; the first was AED 1,163,200 in October 2016.

What is the rent for unit 1001?

AED 85,000 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 85,000; the unit has been rented since December 2020.

How big is unit 1001?

616 sqft (57.2 sqm): a one-bedroom apartment on the 10th floor of a 29-storey tower completed in 2020.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Merano Tower sold for AED 924,900 to 1,200,000 in the last 12 months, around AED 1,556 per sqft.

Selling 1001? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1001, Merano Tower

Starts from the last sale price (AED 900K, 14 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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