1-bed · 771 sqftMerano Tower, Business Bay · 10th floor · completed 2020

1008, Merano Tower

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 2 October 2025
Last soldAED 1.2M2 October 2025
Current rentAED 90K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Merano Tower

What is 1008 worth today?

Last sold for AED 1,200,000 in 2025

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2 Oct 2025SoldReady
AED 1,200,000AED 1,555 per sqft
15 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 117 per sqft
15 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 117 per sqft
22 May 2024RentedRenewal
AED 80,400/yr12 months · AED 104 per sqft
22 May 2023RentedNew contract
AED 80,000/yr12 months · AED 103 per sqft
20 May 2022RentedNew contract
AED 65,000/yr12 months · AED 84 per sqft
7 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
24 Apr 2017Sold by developerOff-plan
AED 1,232,000AED 1,596 per sqft

Source: Dubai Land Department. Updated 2 October 2025.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
10th of 29
Parking
B1-005
Developer
DAMAC
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 1.2M · October 2025
Building
Merano Tower

About 1008, Merano Tower

1008 is a one-bedroom apartment of 771 sqft on the 10th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 2 October 2025 for AED 1,200,000, or AED 1,555 per sqft, in line with the AED 1,584 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 15 June 2025, is AED 90,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, 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, April 2017: AED 1,232,000 (AED 1,596 per sqft)Sold, October 2025: AED 1,200,000 (AED 1,555 per sqft)

1008 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1008, each contractTypical one-bed in Merano Tower
50K75K2020202220242026Typical 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, February 2021: AED 50,000 a yearNew contract, May 2022: AED 65,000 a yearNew contract, May 2023: AED 80,000 a yearRenewal, May 2024: AED 80,400 a yearNew contract, June 2025: AED 90,000 a yearNew contract, June 2025: AED 90,000 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 1008 sits

All 397 1-beds →

1008 last sold in October 2025 at AED 1,555 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,584). 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. 1008's AED 90,000 is in the upper 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
10011-bedAED 900K · Aug 2023
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
1–7 of 19

1008, Merano Tower in numbers

  • Sold twice: first on 24 April 2017 for AED 1,232,000, last on 2 October 2025 for AED 1,200,000 (AED 1,555 per sqft).
  • Rented since February 2021 on 6 Ejari contracts, from AED 50,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 14,700 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 2 October 2025.

Questions about 1008, Merano Tower

What did unit 1008 last sell for?

AED 1,200,000 on 2 October 2025: AED 1,555 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 1,232,000 in April 2017.

What is the rent for unit 1008?

AED 90,000 a year on the contract signed on 15 June 2025. The previous contract, from June 2025, was AED 90,000; the unit has been rented since February 2021.

How big is unit 1008?

771 sqft (71.6 sqm): a one-bedroom apartment on the 10th floor of a 29-storey tower completed in 2020.

What is unit 1008 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.

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Mortgage on 1008, Merano Tower

Starts from the last sale price (AED 1.2M, 2 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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