1-bed · 616 sqftMerano Tower, Business Bay · 11th floor · completed 2020

1101, Merano Tower

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

Unit 1101 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 990K22 June 2016
Current rentAED 80K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Merano Tower

What is 1101 worth today?

Last sold for AED 990,495 in 2016

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20 Feb 2026RentedNew contract
AED 80,000/yr12 months · AED 130 per sqft
10 Oct 2025RentedRenewal
AED 72,000/yr12 months · AED 117 per sqft
10 Oct 2024RentedNew contract
AED 72,000/yr12 months · AED 117 per sqft
14 Nov 2021RentedNew contract
AED 48,000/yr12 months · AED 78 per sqft
26 Jul 2020RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
22 Jun 2016Sold by developerOff-plan
AED 990,495AED 1,607 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
11th of 29
Parking
B1-013
Developer
DAMAC
Completed
2020
Service charge
AED 11,700 /yr
Last sold
AED 990K · June 2016
Building
Merano Tower

About 1101, Merano Tower

1101 is a one-bedroom apartment of 616 sqft on the 11th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 22 June 2016 for AED 990,495, or AED 1,607 per sqft, in line with the AED 1,604 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 20 February 2026, is AED 80,000 a year: a gross yield of 8.1% on the 2016 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, 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, June 2016: AED 990,495 (AED 1,607 per sqft)

1101 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1101, 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, July 2020: AED 42,000 a yearNew contract, November 2021: AED 48,000 a yearNew contract, October 2024: AED 72,000 a yearRenewal, October 2025: AED 72,000 a yearNew contract, February 2026: AED 80,000 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 1101 sits

All 397 1-beds →

1101 last sold in June 2016 at AED 1,607 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,604). 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. 1101's AED 80,000 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 11th floor

All 574 units in Merano Tower
Value
11021-bedAED 1.07M · Jul 2016
11031-bedAED 1.07M · Jul 2016
1104StudioAED 715K · May 2024
11051-bedAED 1.38M · Dec 2024
1106StudioAED 575K · Sep 2019
11071-bedAED 1M · Sep 2026
11081-bedAED 1.22M · Dec 2016
1–7 of 20

1101, Merano Tower in numbers

  • Sold once: by DAMAC on 22 June 2016 for AED 990,495, or AED 1,607 per sqft.
  • Rented since July 2020 on 5 Ejari contracts, from AED 42,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2016 price is 8.1%, 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 February 2026.

Questions about 1101, Merano Tower

What did unit 1101 last sell for?

AED 990,495 on 22 June 2016, sold by the developer: AED 1,607 per sqft for 616 sqft. It is the only registered sale of the unit.

What is the rent for unit 1101?

AED 80,000 a year on the contract signed on 20 February 2026. The previous contract, from October 2025, was AED 72,000; the unit has been rented since July 2020.

How big is unit 1101?

616 sqft (57.2 sqm): a one-bedroom apartment on the 11th floor of a 29-storey tower completed in 2020.

What is unit 1101 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 1101, Merano Tower

Starts from the last sale price (AED 990K, 22 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 990,495
Deposit, UAE resident (20%)
AED 198,099
Deposit, non-resident (40%)
AED 396,198
Monthly over 25 years at 3.7%
AED 4,052

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