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1-bed · 670 sqftMerano Tower, Business Bay · 13th floor · completed 2020

1302, Merano Tower

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 25 December 2025
Last soldAED 1.15M12 December 2022
Current rentAED 85K /yr25 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1302, Merano Tower

What is 1302 worth today?

Last sold for AED 1,148,560 in 2022

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25 Dec 2025RentedRenewal
AED 85,000/yr12 months · AED 127 per sqft
25 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
25 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
12 Dec 2022Sold by developerReady
AED 1,148,560AED 1,714 per sqft

Source: Dubai Land Department. Updated 25 December 2025.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
13th of 29
Parking
B1-044
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.15M · December 2022
Building
Merano Tower

About 1302, Merano Tower

1302 is a one-bedroom apartment of 670 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 12 December 2022 for AED 1,148,560, or AED 1,714 per sqft, 20% above the AED 1,432 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 85,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, December 2022: AED 1,148,560 (AED 1,714 per sqft)

1302 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1302, 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 2024: AED 85,000 a yearNew contract, December 2024: AED 85,000 a yearRenewal, December 2025: AED 85,000 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 1302 sits

All 397 1-beds →

1302 last sold in December 2022 at AED 1,714 per sqft, 20% above what one-beds in Merano Tower were fetching at the time (AED 1,432). 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. 1302's AED 85,000 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
13011-bedAED 996K · Jun 2016
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

1302, Merano Tower in numbers

  • Sold once: by DAMAC on 12 December 2022 for AED 1,148,560, or AED 1,714 per sqft.
  • Rented since December 2024 on 3 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 12,700 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 25 December 2025.

Questions about 1302, Merano Tower

What did unit 1302 last sell for?

AED 1,148,560 on 12 December 2022, sold by the developer: AED 1,714 per sqft for 670 sqft. It is the only registered sale of the unit.

What is the rent for unit 1302?

AED 85,000 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 85,000; the unit has been rented since December 2024.

How big is unit 1302?

670 sqft (62.2 sqm): a one-bedroom apartment on the 13th floor of a 29-storey tower completed in 2020.

What is unit 1302 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 1302, Merano Tower

Starts from the last sale price (AED 1.15M, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,148,560
Deposit, UAE resident (20%)
AED 229,712
Deposit, non-resident (40%)
AED 459,424
Monthly over 25 years at 3.7%
AED 4,699

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