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1-bed · 644 sqftMerano Tower, Business Bay · 10th floor · completed 2020

1012, Merano Tower

Sold prices and rental history: sold twice, last in September 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1012 · DLD and Ejari recordsUpdated 2 September 2025
Last soldAED 1.04M2 September 2025
Current rentAED 63K /yr19 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1012, Merano Tower

What is 1012 worth today?

Last sold for AED 1,040,000 in 2025

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2 Sep 2025SoldReady
AED 1,040,000AED 1,615 per sqft
19 Mar 2024RentedRenewal
AED 62,711/yr7 months · AED 97 per sqft
19 Mar 2023RentedRenewal
AED 63,000/yr12 months · AED 98 per sqft
19 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 93 per sqft
12 Dec 2017Sold by developerOff-plan
AED 1,037,000AED 1,633 per sqft

Source: Dubai Land Department. Updated 2 September 2025.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
10th of 29
Parking
B1-009
Developer
DAMAC
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 1.04M · September 2025
Building
Merano Tower

About 1012, Merano Tower

1012 is a one-bedroom apartment of 644 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 September 2025 for AED 1,040,000, or AED 1,615 per sqft, in line with the AED 1,589 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 19 March 2024, is AED 62,711 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1012 over time

Sales
Unit 1012, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical 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, December 2017: AED 1,037,000 (AED 1,633 per sqft)Sold, September 2025: AED 1,040,000 (AED 1,615 per sqft)

1012 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1012, 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, March 2022: AED 60,000 a yearRenewal, March 2023: AED 63,000 a yearRenewal, March 2024: AED 62,711 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 1012 sits

All 397 1-beds →

1012 last sold in September 2025 at AED 1,615 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,589). 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. 1012's AED 62,711 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

1012, Merano Tower in numbers

  • Sold twice: first on 12 December 2017 for AED 1,037,000, last on 2 September 2025 for AED 1,040,000 (AED 1,615 per sqft).
  • Rented since March 2022 on 3 Ejari contracts, from AED 60,000 to AED 62,711 a year.
  • At AED 62,711 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 12,200 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 September 2025.

Questions about 1012, Merano Tower

What did unit 1012 last sell for?

AED 1,040,000 on 2 September 2025: AED 1,615 per sqft for 644 sqft. The unit has 2 registered sales; the first was AED 1,037,000 in December 2017.

What is the rent for unit 1012?

AED 62,711 a year on the contract renewed on 19 March 2024. The previous contract, from March 2023, was AED 63,000; the unit has been rented since March 2022.

How big is unit 1012?

644 sqft (59.8 sqm): a one-bedroom apartment on the 10th floor of a 29-storey tower completed in 2020.

What is unit 1012 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 1012, Merano Tower

Starts from the last sale price (AED 1.04M, 2 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

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