1-bed · 771 sqftMerano Tower, Business Bay · 11th floor · completed 2020

1108, Merano Tower

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

Unit 1108 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 1.22M6 December 2016
Current rentAED 86K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Merano Tower

What is 1108 worth today?

Last sold for AED 1,217,600 in 2016

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5 Jan 2026RentedRenewal
AED 86,000/yr12 months · AED 111 per sqft
5 Jan 2025RentedRenewal
AED 86,000/yr12 months · AED 111 per sqft
5 Jan 2024RentedRenewal
AED 86,000/yr12 months · AED 111 per sqft
5 Jan 2023RentedRenewal
AED 63,000/yr12 months · AED 81 per sqft
5 Jan 2022RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
5 Jan 2021RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
8 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
6 Dec 2016Sold by developerOff-plan
AED 1,217,600AED 1,578 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
11th of 29
Parking
B1-018
Developer
DAMAC
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 1.22M · December 2016
Building
Merano Tower

About 1108, Merano Tower

1108 is a one-bedroom apartment of 771 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 6 December 2016 for AED 1,217,600, or AED 1,578 per sqft, in line with the AED 1,600 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 5 January 2026, is AED 86,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical 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, December 2016: AED 1,217,600 (AED 1,578 per sqft)

1108 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, 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, November 2020: AED 50,000 a yearNew contract, January 2021: AED 55,000 a yearRenewal, January 2022: AED 55,000 a yearRenewal, January 2023: AED 63,000 a yearRenewal, January 2024: AED 86,000 a yearRenewal, January 2025: AED 86,000 a yearRenewal, January 2026: AED 86,000 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 1108 sits

All 397 1-beds →

1108 last sold in December 2016 at AED 1,578 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,600). 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. 1108's AED 86,000 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
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
1–7 of 20

1108, Merano Tower in numbers

  • Sold once: by DAMAC on 6 December 2016 for AED 1,217,600, or AED 1,578 per sqft.
  • Rented since November 2020 on 7 Ejari contracts, from AED 50,000 to AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 14,700 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 5 January 2026.

Questions about 1108, Merano Tower

What did unit 1108 last sell for?

AED 1,217,600 on 6 December 2016, sold by the developer: AED 1,578 per sqft for 771 sqft. It is the only registered sale of the unit.

What is the rent for unit 1108?

AED 86,000 a year on the contract renewed on 5 January 2026. The previous contract, from January 2025, was AED 86,000; the unit has been rented since November 2020.

How big is unit 1108?

771 sqft (71.6 sqm): a one-bedroom apartment on the 11th floor of a 29-storey tower completed in 2020.

What is unit 1108 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 1108, Merano Tower

Starts from the last sale price (AED 1.22M, 6 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,217,600
Deposit, UAE resident (20%)
AED 243,520
Deposit, non-resident (40%)
AED 487,040
Monthly over 25 years at 3.7%
AED 4,982

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