1304, Merano Tower
Sold prices and rental history: sold once, by the developer in December 2018, 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 1304, Merano Tower
What is 1304 worth today?
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Source: Dubai Land Department. Updated 10 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 13th of 29
- Parking
- B3-130
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 699K · December 2018
- Building
- Merano Tower
About 1304, Merano Tower
1304 is a studio of 398 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 17 December 2018 for AED 699,000, or AED 1,756 per sqft, in line with the AED 1,767 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 51,137 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 7,600 a year.
Sales and rents for 1304 over time
1304 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 1304 sits
All 82 studios →1304 last sold in December 2018 at AED 1,756 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,767). 1304's AED 51,137 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 13th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 616 sqft | AED 996KAED 995,904 · Jun 2016June 2016 | 70,000 /yr | |
| 1302 | 1-bed | 670 sqft | AED 1.15MAED 1,148,560 · Dec 2022December 2022 | 85,000 /yr | |
| 1303 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Dec 2016December 2016 | 85,000 /yr | |
| 1305 | 1-bed | 669 sqft | AED 1.07MAED 1,065,600 · Oct 2016October 2016 | 70,000 /yr | |
| 1306 | Studio | 331 sqft | AED 457KAED 456,750 · Dec 2020December 2020 | 50,000 /yr | |
| 1307 | 1-bed | 668 sqft | AED 1.08MAED 1,083,456 · Jun 2016June 2016 | 122,400 /yr | |
| 1308 | 1-bed | 771 sqft | AED 1.22MAED 1,218,000 · Dec 2018December 2018 | 85,000 /yr | |
| 1309 | 1-bed | 644 sqft | AED 980KAED 980,000 · Dec 2024December 2024 | 75,000 /yr | |
| 1310 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Oct 2016October 2016 | 70,000 /yr | |
| 1311 | 1-bed | 644 sqft | AED 764KAED 764,400 · Jan 2021January 2021 | 72,000 /yr | |
| 1312 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Dec 2016December 2016 | 80,000 /yr | |
| 1313 | 2-bed | 891 sqft | AED 1.48MAED 1,477,440 · Jun 2016June 2016 | 115,500 /yr | |
| 1314 | 2-bed | 956 sqft | AED 1.42MAED 1,420,000 · Jun 2024June 2024 | 94,000 /yr | |
| 1315 | 2-bed | 993 sqft | AED 1.22MAED 1,218,000 · Jan 2021January 2021 | 95,000 /yr | |
| 1316 | 1-bed | 664 sqft | AED 1.03MAED 1,026,100 · May 2016May 2016 | 84,000 /yr | |
| 1317 | 1-bed | 668 sqft | AED 1MAED 1,000,000 · Oct 2024October 2024 | 70,000 /yr | |
| 1318 | 1-bed | 668 sqft | AED 1.08MAED 1,078,400 · Dec 2016December 2016 | 58,000 /yr | |
| 1319 | 1-bed | 668 sqft | AED 1.06MAED 1,063,000 · May 2017May 2017 | 66,000 /yr | |
| 1320 | Studio | 334 sqft | AED 566KAED 566,352 · Oct 2016October 2016 | 55,000 /yr | |
| 1317A | 1-bed | 753 sqft | AED 1.24MAED 1,241,000 · Nov 2019November 2019 | 80,000 /yr |
1304, Merano Tower in numbers
- Sold once: by DAMAC on 17 December 2018 for AED 699,000, or AED 1,756 per sqft.
- Rented since October 2020 on 7 Ejari contracts, from AED 35,000 to AED 51,137 a year.
- At AED 51,137 a year the gross yield on the 2018 price is 7.3%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 10 October 2025.
Questions about 1304, Merano Tower
What did unit 1304 last sell for?
AED 699,000 on 17 December 2018, sold by the developer: AED 1,756 per sqft for 398 sqft. It is the only registered sale of the unit.
What is the rent for unit 1304?
AED 51,137 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 48,702; the unit has been rented since October 2020.
How big is unit 1304?
398 sqft (37.0 sqm): a studio on the 13th floor of a 29-storey tower completed in 2020.
What is unit 1304 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 1304, Merano Tower
Starts from the last sale price (AED 699K, 17 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →