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

1311, Merano Tower

Sold prices and rental history: sold once, by the developer in January 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 764K12 January 2021
Current rentAED 72K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1311, Merano Tower

What is 1311 worth today?

Last sold for AED 764,400 in 2021

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1 Nov 2026RentedRenewal
AED 72,000/yr2 months · AED 111 per sqft
1 Nov 2025RentedRenewal
AED 80,000/yr12 months · AED 124 per sqft
1 Nov 2024RentedRenewal
AED 80,000/yr12 months · AED 124 per sqft
1 Nov 2024RentedRenewal
AED 80,000/yr12 months · AED 124 per sqft
1 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
10 Oct 2022RentedRenewal
AED 57,500/yr12 months · AED 89 per sqft
10 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
12 Jan 2021Sold by developerReady
AED 764,400AED 1,186 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
13th of 29
Parking
B1-051
Developer
DAMAC
Completed
2020
Service charge
AED 12,300 /yr
Last sold
AED 764K · January 2021
Building
Merano Tower

About 1311, Merano Tower

1311 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. The developer sold it on 12 January 2021 for AED 764,400, or AED 1,186 per sqft, 13% below the AED 1,356 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 72,000 a year: a gross yield of 9.4% on the 2021 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1311 over time

Sales
Unit 1311, 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, January 2021: AED 764,400 (AED 1,186 per sqft)

1311 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1311, 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, October 2021: AED 50,000 a yearRenewal, October 2022: AED 57,500 a yearNew contract, November 2023: AED 80,000 a yearRenewal, November 2024: AED 80,000 a yearRenewal, November 2024: AED 80,000 a yearRenewal, November 2025: AED 80,000 a yearRenewal, November 2026: AED 72,000 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 1311 sits

All 397 1-beds →

1311 last sold in January 2021 at AED 1,186 per sqft, 13% below what one-beds in Merano Tower were fetching at the time (AED 1,356). 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. 1311's AED 72,000 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

1311, Merano Tower in numbers

  • Sold once: by DAMAC on 12 January 2021 for AED 764,400, or AED 1,186 per sqft.
  • Rented since October 2021 on 7 Ejari contracts, from AED 50,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2021 price is 9.4%, before a service charge of about AED 12,300 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 1 November 2026.

Questions about 1311, Merano Tower

What did unit 1311 last sell for?

AED 764,400 on 12 January 2021, sold by the developer: AED 1,186 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 1311?

AED 72,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 80,000; the unit has been rented since October 2021.

How big is unit 1311?

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

What is unit 1311 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 1311, Merano Tower

Starts from the last sale price (AED 764K, 12 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 764,400
Deposit, UAE resident (20%)
AED 152,880
Deposit, non-resident (40%)
AED 305,760
Monthly over 25 years at 3.7%
AED 3,127

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