1-bed · 644 sqftMerano Tower, Business Bay · 13th floor · completed 2020

1309, Merano Tower

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 25 June 2025
Last soldAED 980K13 December 2024
Current rentAED 75K /yr25 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Merano Tower

What is 1309 worth today?

Last sold for AED 980,000 in 2024

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25 Jun 2025RentedNew contract
AED 75,000/yr12 months · AED 116 per sqft
13 Dec 2024SoldReady
AED 980,000AED 1,522 per sqft
10 May 2024RentedRenewal
AED 70,180/yr12 months · AED 109 per sqft
10 May 2023RentedNew contract
AED 63,800/yr12 months · AED 99 per sqft
10 May 2022RentedNew contract
AED 58,000/yr12 months · AED 90 per sqft
10 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft
6 Dec 2016Sold by developerOff-plan
AED 1,014,400AED 1,596 per sqft

Source: Dubai Land Department. Updated 25 June 2025.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
13th of 29
Parking
B1-049
Developer
DAMAC
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 980K · December 2024
Building
Merano Tower

About 1309, Merano Tower

1309 is a one-bedroom apartment of 644 sqft on the 13th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 13 December 2024 for AED 980,000, or AED 1,522 per sqft, 5% below the AED 1,609 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 25 June 2025, is AED 75,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, 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, December 2016: AED 1,014,400 (AED 1,596 per sqft)Sold, December 2024: AED 980,000 (AED 1,522 per sqft)

1309 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1309, 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, February 2021: AED 45,000 a yearNew contract, May 2022: AED 58,000 a yearNew contract, May 2023: AED 63,800 a yearRenewal, May 2024: AED 70,180 a yearNew contract, June 2025: AED 75,000 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 1309 sits

All 397 1-beds →

1309 last sold in December 2024 at AED 1,522 per sqft, 5% below what one-beds in Merano Tower were fetching at the time (AED 1,609). 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. 1309's AED 75,000 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
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
1–7 of 20

1309, Merano Tower in numbers

  • Sold twice: first on 6 December 2016 for AED 1,014,400, last on 13 December 2024 for AED 980,000 (AED 1,522 per sqft).
  • Rented since February 2021 on 5 Ejari contracts, from AED 45,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 12,200 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 June 2025.

Questions about 1309, Merano Tower

What did unit 1309 last sell for?

AED 980,000 on 13 December 2024: AED 1,522 per sqft for 644 sqft. The unit has 2 registered sales; the first was AED 1,014,400 in December 2016.

What is the rent for unit 1309?

AED 75,000 a year on the contract signed on 25 June 2025. The previous contract, from May 2024, was AED 70,180; the unit has been rented since February 2021.

How big is unit 1309?

644 sqft (59.8 sqm): a one-bedroom apartment on the 13th floor of a 29-storey tower completed in 2020.

What is unit 1309 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 1309, Merano Tower

Starts from the last sale price (AED 980K, 13 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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