1-bed · 644 sqftMerano Tower, Business Bay · 11th floor · completed 2020

1109, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

Follow 1109

Unit 1109 · DLD and Ejari recordsUpdated 5 January 2026

Last soldAED 1M24 May 2016

Current rentAED 77K /yr5 January 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1109

Property timeline for 1109, Merano Tower

Today

What is 1109 worth today?

Last sold for AED 1,000,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jan 2026

5 Jan 2026RentedNew contract

AED 77,000/yr12 months · AED 119 per sqft

1 Oct 2024

1 Oct 2024RentedRenewal

AED 75,000/yr12 months · AED 116 per sqft

1 Oct 2023

1 Oct 2023RentedNew contract

AED 72,000/yr12 months · AED 111 per sqft

27 Aug 2021

27 Aug 2021RentedRenewal

AED 42,000/yr12 months · AED 65 per sqft

27 Aug 2020

27 Aug 2020RentedNew contract

AED 42,000/yr12 months · AED 65 per sqft

24 May 2016

24 May 2016Sold by developerOff-plan

AED 1,000,000AED 1,553 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type: 1-bed apartment
Size: 644 sqft
Floor: 11th of 29
Parking: B1-019
Developer: DAMAC
Completed: 2020
Service charge: AED 12,200 /yr
Last sold: AED 1M · May 2016
Building: Merano Tower

About 1109, Merano Tower

1109 is a one-bedroom apartment of 644 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 24 May 2016 for AED 1,000,000, or AED 1,553 per sqft, 3% below the AED 1,608 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 5 January 2026, is AED 77,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1109 over time

Sales

Unit 1109, each saleTypical one-bed in Merano Tower

1109 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1109, each contractTypical one-bed in Merano Tower

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 1109 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

1109 last sold in May 2016 at AED 1,553 per sqft, 3% below what one-beds in Merano Tower were fetching at the time (AED 1,608). 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. 1109's AED 77,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
1 Oct 20261 October 2026	668 sqft	1,040,000	1,556
28 Sep 202628 September 2026	670 sqft	1,000,000	1,492
28 Sep 202628 September 2026	668 sqft	1,000,000	1,497
18 Sep 202618 September 2026	668 sqft	990,000	1,482

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


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
1106	Studio	327 sqft	AED 575KAED 575,000 · Sep 2019September 2019	60,000 /yr
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
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

1–7 of 20

1109, Merano Tower in numbers

Sold once: by DAMAC on 24 May 2016 for AED 1,000,000, or AED 1,553 per sqft.
Rented since August 2020 on 5 Ejari contracts, from AED 42,000 to AED 77,000 a year.
At AED 77,000 a year the gross yield on the 2016 price is 7.7%, before a service charge of about AED 12,200 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 1109, Merano Tower

What did unit 1109 last sell for?

AED 1,000,000 on 24 May 2016, sold by the developer: AED 1,553 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 1109?

AED 77,000 a year on the contract signed on 5 January 2026. The previous contract, from October 2024, was AED 75,000; the unit has been rented since August 2020.

How big is unit 1109?

644 sqft (59.8 sqm): a one-bedroom apartment on the 11th floor of a 29-storey tower completed in 2020.

What is unit 1109 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.

Selling 1109? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1109, Merano Tower

Starts from the last sale price (AED 1M, 24 May 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,000,000
Deposit, UAE resident (20%): AED 200,000
Deposit, non-resident (40%): AED 400,000
Monthly over 25 years at 3.7%: AED 4,091

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