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1-bed · 616 sqftMerano Tower, Business Bay · 12th floor · completed 2020

1201, Merano Tower

Sold prices and rental history: sold once, by the developer in October 2020, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 28 February 2026
Last soldAED 1.1M1 October 2020
Current rentAED 81K /yr28 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Merano Tower

What is 1201 worth today?

Last sold for AED 1,096,000 in 2020

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28 Feb 2026RentedRenewal
AED 81,000/yr4 months · AED 132 per sqft
28 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 130 per sqft
28 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 130 per sqft
1 Oct 2020Sold by developerReady
AED 1,096,000AED 1,778 per sqft

Source: Dubai Land Department. Updated 28 February 2026.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
12th of 29
Parking
B1-028
Developer
DAMAC
Completed
2020
Service charge
AED 11,700 /yr
Last sold
AED 1.1M · October 2020
Building
Merano Tower

About 1201, Merano Tower

1201 is a one-bedroom apartment of 616 sqft on the 12th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 1 October 2020 for AED 1,096,000, or AED 1,778 per sqft, 12% above the AED 1,584 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 28 February 2026, is AED 81,000 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical 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, October 2020: AED 1,096,000 (AED 1,778 per sqft)

1201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, 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, February 2025: AED 80,000 a yearNew contract, February 2025: AED 80,000 a yearRenewal, February 2026: AED 81,000 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 1201 sits

All 397 1-beds →

1201 last sold in October 2020 at AED 1,778 per sqft, 12% above what one-beds in Merano Tower were fetching at the time (AED 1,584). 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. 1201's AED 81,000 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 12th floor

All 574 units in Merano Tower
Value
12021-bedAED 1.1M · Feb 2024
12031-bedAED 1.06M · Apr 2017
1204StudioAED 800K · Dec 2024
12051-bedAED 1.08M · Feb 2019
1206StudioAED 425K · Jun 2021
12071-bedAED 880K · Mar 2022
12081-bedAED 1.34M · Dec 2022
1–7 of 20

1201, Merano Tower in numbers

  • Sold once: by DAMAC on 1 October 2020 for AED 1,096,000, or AED 1,778 per sqft.
  • Rented since February 2025 on 3 Ejari contracts, from AED 80,000 to AED 81,000 a year.
  • At AED 81,000 a year the gross yield on the 2020 price is 7.4%, before a service charge of about AED 11,700 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 28 February 2026.

Questions about 1201, Merano Tower

What did unit 1201 last sell for?

AED 1,096,000 on 1 October 2020, sold by the developer: AED 1,778 per sqft for 616 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 81,000 a year on the contract renewed on 28 February 2026. The previous contract, from February 2025, was AED 80,000; the unit has been rented since February 2025.

How big is unit 1201?

616 sqft (57.2 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2020.

What is unit 1201 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 1201, Merano Tower

Starts from the last sale price (AED 1.1M, 1 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,096,000
Deposit, UAE resident (20%)
AED 219,200
Deposit, non-resident (40%)
AED 438,400
Monthly over 25 years at 3.7%
AED 4,484

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