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1-bed · 753 sqftMerano Tower, Business Bay · 12th floor · completed 2020

1217A, Merano Tower

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

Unit 1217A · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 1.24M12 November 2019
Current rentAED 73K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1217A, Merano Tower

What is 1217A worth today?

Last sold for AED 1,240,000 in 2019

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15 Oct 2025RentedNew contract
AED 73,000/yr12 months · AED 97 per sqft
15 Feb 2025RentedRenewal
AED 72,765/yr12 months · AED 98 per sqft
15 Feb 2025RentedRenewal
AED 72,765/yr12 months · AED 98 per sqft
15 Feb 2024RentedRenewal
AED 66,150/yr12 months · AED 89 per sqft
15 Feb 2023RentedRenewal
AED 63,000/yr12 months · AED 84 per sqft
15 Feb 2022RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
12 Dec 2020RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
12 Nov 2019Sold by developerOff-plan
AED 1,240,000AED 1,646 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
12th of 29
Parking
B1-040
Developer
DAMAC
Completed
2020
Service charge
AED 14,300 /yr
Last sold
AED 1.24M · November 2019
Building
Merano Tower

About 1217A, Merano Tower

1217A is a one-bedroom apartment of 753 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 12 November 2019 for AED 1,240,000, or AED 1,646 per sqft, in line with the AED 1,624 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 15 October 2025, is AED 73,000 a year: a gross yield of 5.9% on the 2019 price, before the service charge of about AED 14,300 a year.

Sales and rents for 1217A over time

Sales
Unit 1217A, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical 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, November 2019: AED 1,240,000 (AED 1,646 per sqft)

1217A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1217A, 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, December 2020: AED 48,000 a yearNew contract, February 2022: AED 60,000 a yearRenewal, February 2023: AED 63,000 a yearRenewal, February 2024: AED 66,150 a yearRenewal, February 2025: AED 72,765 a yearRenewal, February 2025: AED 72,765 a yearNew contract, October 2025: AED 73,000 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 1217A sits

All 397 1-beds →

1217A last sold in November 2019 at AED 1,646 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,624). 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. 1217A's AED 73,000 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

1217A, Merano Tower in numbers

  • Sold once: by DAMAC on 12 November 2019 for AED 1,240,000, or AED 1,646 per sqft.
  • Rented since December 2020 on 7 Ejari contracts, from AED 48,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2019 price is 5.9%, before a service charge of about AED 14,300 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 15 October 2025.

Questions about 1217A, Merano Tower

What did unit 1217A last sell for?

AED 1,240,000 on 12 November 2019, sold by the developer: AED 1,646 per sqft for 753 sqft. It is the only registered sale of the unit.

What is the rent for unit 1217A?

AED 73,000 a year on the contract signed on 15 October 2025. The previous contract, from February 2025, was AED 72,765; the unit has been rented since December 2020.

How big is unit 1217A?

753 sqft (70.0 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2020.

What is unit 1217A 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 1217A, Merano Tower

Starts from the last sale price (AED 1.24M, 12 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

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