1220, Merano Tower
Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1220, Merano Tower
What is 1220 worth today?
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Source: Dubai Land Department. Updated 31 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 12th of 29
- Parking
- B3-129
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 566K · August 2016
- Building
- Merano Tower
About 1220, Merano Tower
1220 is a studio of 334 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 August 2016 for AED 566,352, or AED 1,694 per sqft, in line with the AED 1,698 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 31 August 2026, is AED 55,000 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1220 over time
1220 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Merano Tower, and where 1220 sits
All 82 studios →1220 last sold in August 2016 at AED 1,694 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,698). 1220's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
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 | |
| 1208 | 1-bed | 771 sqft | AED 1.34MAED 1,336,000 · Dec 2022December 2022 | ||
| 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 | |
| 1217A | 1-bed | 753 sqft | AED 1.24MAED 1,240,000 · Nov 2019November 2019 | 73,000 /yr |
1220, Merano Tower in numbers
- Sold once: by DAMAC on 1 August 2016 for AED 566,352, or AED 1,694 per sqft.
- Rented since October 2020 on 6 Ejari contracts, from AED 34,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2016 price is 9.7%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 31 August 2026.
Questions about 1220, Merano Tower
What did unit 1220 last sell for?
AED 566,352 on 1 August 2016, sold by the developer: AED 1,694 per sqft for 334 sqft. It is the only registered sale of the unit.
What is the rent for unit 1220?
AED 55,000 a year on the contract signed on 31 August 2026. The previous contract, from August 2025, was AED 55,000; the unit has been rented since October 2020.
How big is unit 1220?
334 sqft (31.0 sqm): a studio on the 12th floor of a 29-storey tower completed in 2020.
What is unit 1220 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1220, Merano Tower
Starts from the last sale price (AED 566K, 1 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 566,352
- Deposit, UAE resident (20%)
- AED 113,270
- Deposit, non-resident (40%)
- AED 226,541
- Monthly over 25 years at 3.7%
- AED 2,317
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →