1-bed · 669 sqftMerano Tower, Business Bay · 11th floor · completed 2020

1105, Merano Tower

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 1.38M20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, Merano Tower

What is 1105 worth today?

Last sold for AED 1,383,000 in 2024

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20 Dec 2024SoldReady
AED 1,383,000AED 2,067 per sqft
15 Nov 2021Sold by developerReady
AED 993,000AED 1,484 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
1-bed apartment
Size
669 sqft
Floor
11th of 29
Parking
B1-016
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.38M · December 2024
Building
Merano Tower

About 1105, Merano Tower

1105 is a one-bedroom apartment of 669 sqft on the 11th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 20 December 2024 for AED 1,383,000, or AED 2,067 per sqft, 28% above the AED 1,609 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1105 over time

Sales
Unit 1105, each saleTypical one-bed in Merano Tower
1M2016201920222025Typical 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, November 2021: AED 993,000 (AED 1,484 per sqft)Sold, December 2024: AED 1,383,000 (AED 2,067 per sqft)

1105 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1105, 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 75,000

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 1105 sits

All 397 1-beds →

1105 last sold in December 2024 at AED 2,067 per sqft, 28% above what one-beds in Merano Tower were fetching at the time (AED 1,609). 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.

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
11031-bedAED 1.07M · Jul 2016
1104StudioAED 715K · May 2024
1106StudioAED 575K · Sep 2019
11071-bedAED 1M · Sep 2026
11081-bedAED 1.22M · Dec 2016
1–7 of 20

1105, Merano Tower in numbers

  • Sold twice: first on 15 November 2021 for AED 993,000, last on 20 December 2024 for AED 1,383,000 (AED 2,067 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 December 2024.

Questions about 1105, Merano Tower

What did unit 1105 last sell for?

AED 1,383,000 on 20 December 2024: AED 2,067 per sqft for 669 sqft. The unit has 2 registered sales; the first was AED 993,000 in November 2021.

How big is unit 1105?

669 sqft (62.2 sqm): a one-bedroom apartment on the 11th floor of a 29-storey tower completed in 2020.

What is unit 1105 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 1105, Merano Tower

Starts from the last sale price (AED 1.38M, 20 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,383,000
Deposit, UAE resident (20%)
AED 276,600
Deposit, non-resident (40%)
AED 553,200
Monthly over 25 years at 3.7%
AED 5,658

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