
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.
Property timeline for 1106, Merano Tower
What is 1106 worth today?
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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
1106 has sold once; the dashed line is the studio median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
Merano Tower
Building574 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%
Other units on the 11th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 616 sqft | AED 990KAED 990,495 · Jun 2016June 2016 | 80,000 /yr | |
| 1102 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Jul 2016July 2016 | 74,000 /yr | |
| 1103 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Jul 2016July 2016 | 68,000 /yr | |
| 1104 | Studio | 398 sqft | AED 715KAED 715,000 · May 2024May 2024 | 59,000 /yr | |
| 1105 | 1-bed | 669 sqft | AED 1.38MAED 1,383,000 · Dec 2024December 2024 | ||
| 1107 | 1-bed | 668 sqft | AED 1MAED 1,000,000 · Sep 2026September 2026 | 80,000 /yr | |
| 1108 | 1-bed | 771 sqft | AED 1.22MAED 1,217,600 · Dec 2016December 2016 | 86,000 /yr | |
| 1109 | 1-bed | 644 sqft | AED 1MAED 1,000,000 · May 2016May 2016 | 77,000 /yr | |
| 1110 | 1-bed | 644 sqft | AED 862KAED 862,433 · Apr 2022April 2022 | 70,000 /yr | |
| 1111 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Jan 2017January 2017 | 50,000 /yr | |
| 1112 | 1-bed | 644 sqft | AED 761KAED 761,460 · Jan 2021January 2021 | 80,000 /yr | |
| 1113 | 2-bed | 891 sqft | AED 1.51MAED 1,510,000 · Dec 2022December 2022 | 119,678 /yr | |
| 1114 | 2-bed | 956 sqft | AED 1.51MAED 1,508,800 · May 2016May 2016 | 90,000 /yr | |
| 1115 | 2-bed | 991 sqft | AED 1.17MAED 1,172,325 · Dec 2020December 2020 | 75,000 /yr | |
| 1116 | 1-bed | 662 sqft | AED 1.02MAED 1,022,768 · Aug 2016August 2016 | 80,000 /yr | |
| 1117 | 1-bed | 668 sqft | AED 779KAED 779,100 · Jan 2021January 2021 | 75,000 /yr | |
| 1118 | 1-bed | 668 sqft | AED 1.17MAED 1,168,000 · Dec 2022December 2022 | ||
| 1119 | 1-bed | 668 sqft | AED 1.06MAED 1,063,000 · May 2017May 2017 | 70,000 /yr | |
| 1120 | Studio | 334 sqft | AED 593KAED 593,000 · Apr 2017April 2017 | 66,000 /yr | |
| 1117A | 1-bed | 753 sqft | AED 1.38MAED 1,377,500 · Feb 2024February 2024 | 67,000 /yr |
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 →