1-bed · 663 sqftMerano Tower, Business Bay · 11th floor · completed 2020

1103, Merano Tower

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 1.07M26 July 2016
Current rentAED 68K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Merano Tower

What is 1103 worth today?

Last sold for AED 1,065,600 in 2016

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15 Oct 2026RentedNew contract
AED 68,000/yr12 months · AED 102 per sqft
20 Sep 2025RentedRenewal
AED 74,000/yr12 months · AED 110 per sqft
20 Sep 2024RentedNew contract
AED 74,000/yr12 months · AED 110 per sqft
17 Aug 2023RentedRenewal
AED 68,250/yr12 months · AED 102 per sqft
17 Aug 2022RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
26 Jul 2016Sold by developerOff-plan
AED 1,065,600AED 1,607 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
11th of 29
Parking
B1-015
Developer
DAMAC
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 1.07M · July 2016
Building
Merano Tower

About 1103, Merano Tower

1103 is a one-bedroom apartment of 663 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 26 July 2016 for AED 1,065,600, or AED 1,607 per sqft, in line with the AED 1,611 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 15 October 2026, is AED 68,000 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, July 2016: AED 1,065,600 (AED 1,607 per sqft)

1103 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, 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 2022: AED 65,000 a yearRenewal, August 2023: AED 68,250 a yearNew contract, September 2024: AED 74,000 a yearRenewal, September 2025: AED 74,000 a yearNew contract, October 2026: AED 68,000 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 1103 sits

All 397 1-beds →

1103 last sold in July 2016 at AED 1,607 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,611). 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. 1103's AED 68,000 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
11011-bedAED 990K · Jun 2016
11021-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

1103, Merano Tower in numbers

  • Sold once: by DAMAC on 26 July 2016 for AED 1,065,600, or AED 1,607 per sqft.
  • Rented since August 2022 on 5 Ejari contracts, from AED 65,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2016 price is 6.4%, before a service charge of about AED 12,600 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 15 October 2026.

Questions about 1103, Merano Tower

What did unit 1103 last sell for?

AED 1,065,600 on 26 July 2016, sold by the developer: AED 1,607 per sqft for 663 sqft. It is the only registered sale of the unit.

What is the rent for unit 1103?

AED 68,000 a year on the contract signed on 15 October 2026. The previous contract, from September 2025, was AED 74,000; the unit has been rented since August 2022.

How big is unit 1103?

663 sqft (61.6 sqm): a one-bedroom apartment on the 11th floor of a 29-storey tower completed in 2020.

What is unit 1103 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 1103, Merano Tower

Starts from the last sale price (AED 1.07M, 26 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,600
Deposit, UAE resident (20%)
AED 213,120
Deposit, non-resident (40%)
AED 426,240
Monthly over 25 years at 3.7%
AED 4,360

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