1120, Merano Tower
Sold prices and rental history: sold once, by the developer in April 2017, 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 1120, Merano Tower
What is 1120 worth today?
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Source: Dubai Land Department. Updated 16 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 11th of 29
- Parking
- B3-126
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 593K · April 2017
- Building
- Merano Tower
About 1120, Merano Tower
1120 is a studio of 334 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 26 April 2017 for AED 593,000, or AED 1,774 per sqft, in line with the AED 1,732 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 16 December 2025, is AED 66,000 a year: a gross yield of 11.1% on the 2017 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1120 over time
1120 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 1120 sits
All 82 studios →1120 last sold in April 2017 at AED 1,774 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,732). 1120's AED 66,000 is in the upper 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 | ||
| 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 | |
| 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 | |
| 1117A | 1-bed | 753 sqft | AED 1.38MAED 1,377,500 · Feb 2024February 2024 | 67,000 /yr |
1120, Merano Tower in numbers
- Sold once: by DAMAC on 26 April 2017 for AED 593,000, or AED 1,774 per sqft.
- Rented since August 2020 on 6 Ejari contracts, from AED 34,000 to AED 66,000 a year.
- At AED 66,000 a year the gross yield on the 2017 price is 11.1%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 16 December 2025.
Questions about 1120, Merano Tower
What did unit 1120 last sell for?
AED 593,000 on 26 April 2017, sold by the developer: AED 1,774 per sqft for 334 sqft. It is the only registered sale of the unit.
What is the rent for unit 1120?
AED 66,000 a year on the contract signed on 16 December 2025. The previous contract, from September 2024, was AED 42,250; the unit has been rented since August 2020.
How big is unit 1120?
334 sqft (31.0 sqm): a studio on the 11th floor of a 29-storey tower completed in 2020.
What is unit 1120 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 1120, Merano Tower
Starts from the last sale price (AED 593K, 26 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 593,000
- Deposit, UAE resident (20%)
- AED 118,600
- Deposit, non-resident (40%)
- AED 237,200
- Monthly over 25 years at 3.7%
- AED 2,426
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →