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1-bed · 635 sqftMerano Tower, Business Bay · 12th floor · completed 2020

1212, Merano Tower

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1M24 September 2019
Current rentAED 61K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1212, Merano Tower

What is 1212 worth today?

Last sold for AED 1,000,100 in 2019

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1 Sep 2026RentedNew contract
AED 61,000/yr12 months · AED 94 per sqft
1 Apr 2024RentedNew contract
AED 78,000/yr12 months · AED 121 per sqft
29 Aug 2023RentedRenewal
AED 62,400/yr6 months · AED 98 per sqft
29 Aug 2022RentedRenewal
AED 52,000/yr12 months · AED 82 per sqft
29 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 71 per sqft
29 Aug 2020RentedNew contract
AED 42,000/yr12 months · AED 65 per sqft
3 Jun 2020RentedNew contract
AED 81,000/yr12 months · AED 126 per sqft
24 Sep 2019SoldOff-plan
AED 1,000,100AED 1,575 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
12th of 29
Parking
B1-037
Developer
DAMAC
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 1M · September 2019
Building
Merano Tower

About 1212, Merano Tower

1212 is a one-bedroom apartment of 635 sqft on the 12th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 24 September 2019 for AED 1,000,100, or AED 1,575 per sqft, in line with the AED 1,615 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 September 2026, is AED 61,000 a year: a gross yield of 6.1% on the 2019 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1212 over time

Sales
Unit 1212, 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, December 2016: AED 985,520 (AED 1,552 per sqft)Sold, September 2019: AED 1,000,100 (AED 1,575 per sqft)

1212 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1212, 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, June 2020: AED 81,000 a yearNew contract, August 2020: AED 42,000 a yearRenewal, August 2021: AED 45,000 a yearRenewal, August 2022: AED 52,000 a yearRenewal, August 2023: AED 62,400 a yearNew contract, April 2024: AED 78,000 a yearNew contract, September 2026: AED 61,000 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 1212 sits

All 397 1-beds →

1212 last sold in September 2019 at AED 1,575 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,615). 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. 1212's AED 61,000 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
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
12071-bedAED 880K · Mar 2022
1–7 of 20

1212, Merano Tower in numbers

  • Sold twice: first on 6 December 2016 for AED 985,520, last on 24 September 2019 for AED 1,000,100 (AED 1,575 per sqft).
  • Rented since June 2020 on 7 Ejari contracts. The rent fell from AED 81,000 to AED 42,000 in 2020 and recovered to AED 61,000 by September 2026.
  • At AED 61,000 a year the gross yield on the 2019 price is 6.1%, before a service charge of about AED 12,100 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 1 September 2026.

Questions about 1212, Merano Tower

What did unit 1212 last sell for?

AED 1,000,100 on 24 September 2019: AED 1,575 per sqft for 635 sqft. The unit has 2 registered sales; the first was AED 985,520 in December 2016.

What is the rent for unit 1212?

AED 61,000 a year on the contract signed on 1 September 2026. The previous contract, from April 2024, was AED 78,000; the unit has been rented since June 2020.

How big is unit 1212?

635 sqft (59.0 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2020.

What is unit 1212 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 1212, Merano Tower

Starts from the last sale price (AED 1M, 24 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,100
Deposit, UAE resident (20%)
AED 200,020
Deposit, non-resident (40%)
AED 400,040
Monthly over 25 years at 3.7%
AED 4,092

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