1-bed · 616 sqftMerano Tower, Business Bay · 13th floor · completed 2020

1301, Merano Tower

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 24 November 2026
Last soldAED 996K22 June 2016
Current rentAED 70K /yr24 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Merano Tower

What is 1301 worth today?

Last sold for AED 995,904 in 2016

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24 Nov 2026RentedRenewal
AED 70,000/yr12 months · AED 114 per sqft
24 Nov 2025RentedNew contract
AED 76,500/yr12 months · AED 125 per sqft
26 Oct 2024RentedNew contract
AED 78,000/yr12 months · AED 127 per sqft
24 Oct 2023RentedRenewal
AED 75,000/yr12 months · AED 122 per sqft
24 Oct 2022RentedNew contract
AED 75,000/yr12 months · AED 122 per sqft
19 Jul 2021RentedNew contract
AED 47,000/yr12 months · AED 77 per sqft
17 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
22 Jun 2016Sold by developerOff-plan
AED 995,904AED 1,615 per sqft

Source: Dubai Land Department. Updated 24 November 2026.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
13th of 29
Parking
B1-043
Developer
DAMAC
Completed
2020
Service charge
AED 11,700 /yr
Last sold
AED 996K · June 2016
Building
Merano Tower

About 1301, Merano Tower

1301 is a one-bedroom apartment of 616 sqft on the 13th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 22 June 2016 for AED 995,904, or AED 1,615 per sqft, in line with the AED 1,604 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 24 November 2026, is AED 70,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, 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, June 2016: AED 995,904 (AED 1,615 per sqft)

1301 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1301, 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, July 2020: AED 45,000 a yearNew contract, July 2021: AED 47,000 a yearNew contract, October 2022: AED 75,000 a yearRenewal, October 2023: AED 75,000 a yearNew contract, October 2024: AED 78,000 a yearNew contract, November 2025: AED 76,500 a yearRenewal, November 2026: AED 70,000 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 1301 sits

All 397 1-beds →

1301 last sold in June 2016 at AED 1,615 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,604). 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. 1301's AED 70,000 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 13th floor

All 574 units in Merano Tower
Value
13021-bedAED 1.15M · Dec 2022
13031-bedAED 1.07M · Dec 2016
1304StudioAED 699K · Dec 2018
13051-bedAED 1.07M · Oct 2016
1306StudioAED 457K · Dec 2020
13071-bedAED 1.08M · Jun 2016
13081-bedAED 1.22M · Dec 2018
1–7 of 20

1301, Merano Tower in numbers

  • Sold once: by DAMAC on 22 June 2016 for AED 995,904, or AED 1,615 per sqft.
  • Rented since July 2020 on 7 Ejari contracts, from AED 45,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 11,700 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 24 November 2026.

Questions about 1301, Merano Tower

What did unit 1301 last sell for?

AED 995,904 on 22 June 2016, sold by the developer: AED 1,615 per sqft for 616 sqft. It is the only registered sale of the unit.

What is the rent for unit 1301?

AED 70,000 a year on the contract renewed on 24 November 2026. The previous contract, from November 2025, was AED 76,500; the unit has been rented since July 2020.

How big is unit 1301?

616 sqft (57.2 sqm): a one-bedroom apartment on the 13th floor of a 29-storey tower completed in 2020.

What is unit 1301 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 1301, Merano Tower

Starts from the last sale price (AED 996K, 22 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 995,904
Deposit, UAE resident (20%)
AED 199,181
Deposit, non-resident (40%)
AED 398,362
Monthly over 25 years at 3.7%
AED 4,075

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