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1-bed · 635 sqftMerano Tower, Business Bay · 10th floor · completed 2020

1010, Merano Tower

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1010 · DLD and Ejari recordsUpdated 27 July 2026
Last soldAED 1.31M25 July 2016
Current rentAED 65K /yr27 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1010, Merano Tower

What is 1010 worth today?

Last sold for AED 1,311,997 in 2016

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27 Jul 2026RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
6 Nov 2025RentedRenewal
AED 80,000/yr12 months · AED 124 per sqft
6 Nov 2024RentedRenewal
AED 80,000/yr12 months · AED 124 per sqft
6 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
27 Aug 2022RentedRenewal
AED 42,000/yr12 months · AED 65 per sqft
27 Aug 2021RentedRenewal
AED 42,000/yr12 months · AED 65 per sqft
27 Aug 2020RentedNew contract
AED 42,000/yr12 months · AED 65 per sqft
25 Jul 2016Sold by developerOff-plan
AED 1,311,997AED 2,065 per sqft

Source: Dubai Land Department. Updated 27 July 2026.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
10th of 29
Parking
B1-007
Developer
DAMAC
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 1.31M · July 2016
Building
Merano Tower

About 1010, Merano Tower

1010 is a one-bedroom apartment of 635 sqft on the 10th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 25 July 2016 for AED 1,311,997, or AED 2,065 per sqft, 28% above the AED 1,615 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 27 July 2026, is AED 65,000 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1010 over time

Sales
Unit 1010, each saleTypical one-bed in Merano Tower
750K1M1.25M2016201920222025Typical 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, July 2016: AED 1,311,997 (AED 2,065 per sqft)

1010 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1010, 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, August 2020: AED 42,000 a yearRenewal, August 2021: AED 42,000 a yearRenewal, August 2022: AED 42,000 a yearNew contract, November 2023: AED 80,000 a yearRenewal, November 2024: AED 80,000 a yearRenewal, November 2025: AED 80,000 a yearNew contract, July 2026: AED 65,000 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 1010 sits

All 397 1-beds →

1010 last sold in July 2016 at AED 2,065 per sqft, 28% above what one-beds in Merano Tower were fetching at the time (AED 1,615). 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. 1010's AED 65,000 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
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

1010, Merano Tower in numbers

  • Sold once: by DAMAC on 25 July 2016 for AED 1,311,997, or AED 2,065 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 42,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 5.0%, before a service charge of about AED 12,100 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 27 July 2026.

Questions about 1010, Merano Tower

What did unit 1010 last sell for?

AED 1,311,997 on 25 July 2016, sold by the developer: AED 2,065 per sqft for 635 sqft. It is the only registered sale of the unit.

What is the rent for unit 1010?

AED 65,000 a year on the contract signed on 27 July 2026. The previous contract, from November 2025, was AED 80,000; the unit has been rented since August 2020.

How big is unit 1010?

635 sqft (59.0 sqm): a one-bedroom apartment on the 10th floor of a 29-storey tower completed in 2020.

What is unit 1010 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 1010, Merano Tower

Starts from the last sale price (AED 1.31M, 25 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,311,997
Deposit, UAE resident (20%)
AED 262,399
Deposit, non-resident (40%)
AED 524,799
Monthly over 25 years at 3.7%
AED 5,368

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