1208, Merano Tower
Sold prices and rental history: sold once, by the developer in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, Merano Tower
What is 1208 worth today?
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Source: Dubai Land Department. Updated 23 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 771 sqft
- Floor
- 12th of 29
- Parking
- B1-033
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.34M · December 2022
- Building
- Merano Tower
About 1208, Merano Tower
1208 is a one-bedroom apartment of 771 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 23 December 2022 for AED 1,336,000, or AED 1,731 per sqft, 20% above the AED 1,444 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1208 over time
1208 has sold once; the dashed line is the one-bed median of each year in the building.
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 1208 sits
All 397 1-beds →1208 last sold in December 2022 at AED 1,731 per sqft, 20% above what one-beds in Merano Tower were fetching at the time (AED 1,444). 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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 12th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 616 sqft | AED 1.1MAED 1,096,000 · Oct 2020October 2020 | 81,000 /yr | |
| 1202 | 1-bed | 670 sqft | AED 1.1MAED 1,100,000 · Feb 2024February 2024 | 81,000 /yr | |
| 1203 | 1-bed | 663 sqft | AED 1.06MAED 1,061,000 · Apr 2017April 2017 | 83,000 /yr | |
| 1204 | Studio | 398 sqft | AED 800KAED 800,000 · Dec 2024December 2024 | 55,000 /yr | |
| 1205 | 1-bed | 669 sqft | AED 1.08MAED 1,081,000 · Feb 2019February 2019 | 86,000 /yr | |
| 1206 | Studio | 331 sqft | AED 425KAED 425,000 · Jun 2021June 2021 | 58,500 /yr | |
| 1207 | 1-bed | 668 sqft | AED 880KAED 880,000 · Mar 2022March 2022 | 92,000 /yr | |
| 1209 | 1-bed | 644 sqft | AED 986KAED 985,800 · Jun 2016June 2016 | 65,000 /yr | |
| 1210 | 1-bed | 644 sqft | AED 1.05MAED 1,050,000 · Apr 2026April 2026 | 75,000 /yr | |
| 1211 | 1-bed | 644 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | 74,400 /yr | |
| 1212 | 1-bed | 635 sqft | AED 1MAED 1,000,100 · Sep 2019September 2019 | 61,000 /yr | |
| 1213 | 2-bed | 891 sqft | AED 1.4MAED 1,400,000 · Mar 2026March 2026 | 108,254 /yr | |
| 1214 | 2-bed | 956 sqft | AED 1.51MAED 1,508,800 · Aug 2016August 2016 | 110,000 /yr | |
| 1215 | 2-bed | 991 sqft | AED 1.58MAED 1,577,600 · Aug 2016August 2016 | 110,000 /yr | |
| 1216 | 1-bed | 662 sqft | AED 640KAED 640,000 · Aug 2020August 2020 | 76,000 /yr | |
| 1217 | 1-bed | 668 sqft | AED 940KAED 940,000 · May 2023May 2023 | 70,000 /yr | |
| 1218 | 1-bed | 668 sqft | AED 1.08MAED 1,078,400 · Apr 2017April 2017 | 77,791 /yr | |
| 1219 | 1-bed | 668 sqft | AED 1.1MAED 1,100,000 · Feb 2026February 2026 | 79,786 /yr | |
| 1220 | Studio | 334 sqft | AED 566KAED 566,352 · Aug 2016August 2016 | 55,000 /yr | |
| 1217A | 1-bed | 753 sqft | AED 1.24MAED 1,240,000 · Nov 2019November 2019 | 73,000 /yr |
1208, Merano Tower in numbers
- Sold once: by DAMAC on 23 December 2022 for AED 1,336,000, or AED 1,731 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 23 December 2022.
Questions about 1208, Merano Tower
What did unit 1208 last sell for?
AED 1,336,000 on 23 December 2022, sold by the developer: AED 1,731 per sqft for 771 sqft. It is the only registered sale of the unit.
How big is unit 1208?
771 sqft (71.6 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2020.
What is unit 1208 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 1208, Merano Tower
Starts from the last sale price (AED 1.34M, 23 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,336,000
- Deposit, UAE resident (20%)
- AED 267,200
- Deposit, non-resident (40%)
- AED 534,400
- Monthly over 25 years at 3.7%
- AED 5,466
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →