1-bed · 668 sqftMerano Tower, Business Bay · 11th floor · completed 2020

1117, 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 January 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1117 · DLD and Ejari recordsUpdated 16 October 2025

Last soldAED 779K12 January 2021

Current rentAED 75K /yr16 October 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1117, Merano Tower

Today

What is 1117 worth today?

Last sold for AED 779,100 in 2021

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16 Oct 2025

16 Oct 2025RentedRenewal

AED 75,000/yr12 months · AED 112 per sqft

16 Oct 2024

16 Oct 2024RentedNew contract

AED 75,000/yr12 months · AED 112 per sqft

16 Oct 2023

16 Oct 2023RentedNew contract

AED 75,000/yr12 months · AED 112 per sqft

25 Sep 2022

25 Sep 2022RentedRenewal

AED 55,000/yr12 months · AED 82 per sqft

25 Sep 2021

25 Sep 2021RentedNew contract

AED 50,000/yr12 months · AED 75 per sqft

12 Jan 2021

12 Jan 2021Sold by developerReady

AED 779,100AED 1,166 per sqft

Source: Dubai Land Department. Updated 16 October 2025.

Key facts

Type: 1-bed apartment
Size: 668 sqft
Floor: 11th of 29
Parking: B1-024
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 779K · January 2021
Building: Merano Tower

About 1117, Merano Tower

1117 is a one-bedroom apartment of 668 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 12 January 2021 for AED 779,100, or AED 1,166 per sqft, 14% below the AED 1,356 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 16 October 2025, is AED 75,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1117 over time

Sales

Unit 1117, each saleTypical one-bed in Merano Tower

1117 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1117, 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 1117 sits

All 397 1-beds →

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

1117 last sold in January 2021 at AED 1,166 per sqft, 14% below what one-beds in Merano Tower were fetching at the time (AED 1,356). 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. 1117's AED 75,000 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
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
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

1117, Merano Tower in numbers

Sold once: by DAMAC on 12 January 2021 for AED 779,100, or AED 1,166 per sqft.
Rented since September 2021 on 5 Ejari contracts, from AED 50,000 to AED 75,000 a year.
At AED 75,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 12,700 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 16 October 2025.

Questions about 1117, Merano Tower

What did unit 1117 last sell for?

AED 779,100 on 12 January 2021, sold by the developer: AED 1,166 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 1117?

AED 75,000 a year on the contract renewed on 16 October 2025. The previous contract, from October 2024, was AED 75,000; the unit has been rented since September 2021.

How big is unit 1117?

668 sqft (62.1 sqm): a one-bedroom apartment on the 11th floor of a 29-storey tower completed in 2020.

What is unit 1117 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 1117, Merano Tower

Starts from the last sale price (AED 779K, 12 January 2021). Switch to today's estimate once you have unlocked it.

Price: AED 779,100
Deposit, UAE resident (20%): AED 155,820
Deposit, non-resident (40%): AED 311,640
Monthly over 25 years at 3.7%: AED 3,188

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