Studio · 327 sqftMerano Tower, Business Bay · 11th floor · completed 2020

1106, Merano Tower

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 575K17 September 2019
Current rentAED 60K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Merano Tower

What is 1106 worth today?

Last sold for AED 575,000 in 2019

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15 Jan 2026RentedRenewal
AED 60,000/yr12 months · AED 181 per sqft
15 Jan 2025RentedNew contract
AED 60,000/yr12 months · AED 181 per sqft
12 Dec 2023RentedRenewal
AED 48,070/yr12 months · AED 145 per sqft
12 Dec 2022RentedRenewal
AED 43,700/yr12 months · AED 132 per sqft
12 Dec 2021RentedNew contract
AED 38,000/yr12 months · AED 115 per sqft
25 Nov 2020RentedNew contract
AED 32,000/yr12 months · AED 97 per sqft
17 Sep 2019Sold by developerOff-plan
AED 575,000AED 1,758 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
Studio apartment
Size
327 sqft
Floor
11th of 29
Parking
B3-125
Developer
DAMAC
Completed
2020
Service charge
AED 6,200 /yr
Last sold
AED 575K · September 2019
Building
Merano Tower

About 1106, Merano Tower

1106 is a studio of 327 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 17 September 2019 for AED 575,000, or AED 1,758 per sqft, in line with the AED 1,774 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 60,000 a year: a gross yield of 10.4% on the 2019 price, before the service charge of about AED 6,200 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical studio in Merano Tower
600K2016201920222025Typical sale price by year: 2016 AED 569,088; 2017 AED 597,500; 2018 AED 592,000; 2019 AED 602,000; 2020 AED 537,000; 2021 AED 510,090; 2022 AED 550,000; 2023 AED 640,000; 2024 AED 715,000; 2025 AED 750,000Sold by developer, September 2019: AED 575,000 (AED 1,758 per sqft)

1106 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1106, each contractTypical studio in Merano Tower
40K60K2020202220242026Typical rent by year: 2020 AED 34,500; 2021 AED 35,000; 2022 AED 43,850; 2023 AED 54,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 56,600New contract, November 2020: AED 32,000 a yearNew contract, December 2021: AED 38,000 a yearRenewal, December 2022: AED 43,700 a yearRenewal, December 2023: AED 48,070 a yearNew contract, January 2025: AED 60,000 a yearRenewal, January 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Merano Tower, and where 1106 sits

All 82 studios →

1106 last sold in September 2019 at AED 1,758 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,774). 1106's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2025532,000
19 Sep 2025584,259
8 Sep 2025800,000
10 Jun 2025790,000
0 studio 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
11051-bedAED 1.38M · Dec 2024
11071-bedAED 1M · Sep 2026
11081-bedAED 1.22M · Dec 2016
1–7 of 20

1106, Merano Tower in numbers

  • Sold once: by DAMAC on 17 September 2019 for AED 575,000, or AED 1,758 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 32,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 10.4%, before a service charge of about AED 6,200 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 15 January 2026.

Questions about 1106, Merano Tower

What did unit 1106 last sell for?

AED 575,000 on 17 September 2019, sold by the developer: AED 1,758 per sqft for 327 sqft. It is the only registered sale of the unit.

What is the rent for unit 1106?

AED 60,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 60,000; the unit has been rented since November 2020.

How big is unit 1106?

327 sqft (30.4 sqm): a studio on the 11th floor of a 29-storey tower completed in 2020.

What is unit 1106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1106, Merano Tower

Starts from the last sale price (AED 575K, 17 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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