1-bed · 668 sqftMerano Tower, Business Bay · 12th floor · completed 2020

1207, Merano Tower

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 880K4 March 2022
Current rentAED 92K /yr31 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Merano Tower

What is 1207 worth today?

Last sold for AED 880,000 in 2022

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31 Oct 2025RentedNew contract
AED 92,000/yr12 months · AED 138 per sqft
1 Oct 2024RentedNew contract
AED 82,000/yr12 months · AED 123 per sqft
1 Nov 2022RentedNew contract
AED 72,000/yr12 months · AED 108 per sqft
4 Mar 2022SoldReady
AED 880,000AED 1,317 per sqft
12 Feb 2022RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
12 Jul 2016Sold by developerOff-plan
AED 1,096,224AED 1,641 per sqft

Source: Dubai Land Department. Updated 31 October 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
12th of 29
Parking
B1-032
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 880K · March 2022
Building
Merano Tower

About 1207, Merano Tower

1207 is a one-bedroom apartment of 668 sqft on the 12th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 4 March 2022 for AED 880,000, or AED 1,317 per sqft, 5% below the AED 1,386 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 31 October 2025, is AED 92,000 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, 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, July 2016: AED 1,096,224 (AED 1,641 per sqft)Sold, March 2022: AED 880,000 (AED 1,317 per sqft)

1207 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1207, each contractTypical one-bed in Merano Tower
50K75K100K2020202220242026Typical 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 2022: AED 65,000 a yearNew contract, November 2022: AED 72,000 a yearNew contract, October 2024: AED 82,000 a yearNew contract, October 2025: AED 92,000 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 1207 sits

All 397 1-beds →

1207 last sold in March 2022 at AED 1,317 per sqft, 5% below what one-beds in Merano Tower were fetching at the time (AED 1,386). 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. 1207's AED 92,000 is in the upper 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
12011-bedAED 1.1M · Oct 2020
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
12081-bedAED 1.34M · Dec 2022
1–7 of 20

1207, Merano Tower in numbers

  • Sold twice: first on 12 July 2016 for AED 1,096,224, last on 4 March 2022 for AED 880,000 (AED 1,317 per sqft).
  • Rented since February 2022 on 4 Ejari contracts, from AED 65,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2022 price is 10.4%, 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 31 October 2025.

Questions about 1207, Merano Tower

What did unit 1207 last sell for?

AED 880,000 on 4 March 2022: AED 1,317 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 1,096,224 in July 2016.

What is the rent for unit 1207?

AED 92,000 a year on the contract signed on 31 October 2025. The previous contract, from October 2024, was AED 82,000; the unit has been rented since February 2022.

How big is unit 1207?

668 sqft (62.1 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2020.

What is unit 1207 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 1207, Merano Tower

Starts from the last sale price (AED 880K, 4 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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