1-bed · 664 sqftMerano Tower, Business Bay · 13th floor · completed 2020

1316, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 1316 · DLD and Ejari recordsUpdated 1 January 2026

Last soldAED 1.03M24 May 2016

Current rentAED 84K /yr1 January 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1316, Merano Tower

Today

What is 1316 worth today?

Last sold for AED 1,026,100 in 2016

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1 Jan 2026

1 Jan 2026RentedNew contract

AED 84,000/yr12 months · AED 126 per sqft

1 Oct 2024

1 Oct 2024RentedRenewal

AED 75,000/yr13 months · AED 114 per sqft

30 Sep 2024

30 Sep 2024RentedRenewal

AED 74,792/yr12 months · AED 114 per sqft

1 Oct 2023

1 Oct 2023RentedNew contract

AED 70,000/yr12 months · AED 107 per sqft

19 Sep 2022

19 Sep 2022RentedNew contract

AED 60,000/yr12 months · AED 90 per sqft

15 Sep 2021

15 Sep 2021RentedNew contract

AED 50,000/yr12 months · AED 75 per sqft

5 Aug 2020

5 Aug 2020RentedNew contract

AED 45,000/yr12 months · AED 67 per sqft

24 May 2016

24 May 2016Sold by developerOff-plan

AED 1,026,100AED 1,545 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type: 1-bed apartment
Size: 664 sqft
Floor: 13th of 29
Parking: B1-053
Developer: DAMAC
Completed: 2020
Service charge: AED 12,600 /yr
Last sold: AED 1.03M · May 2016
Building: Merano Tower

About 1316, Merano Tower

1316 is a one-bedroom apartment of 664 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 24 May 2016 for AED 1,026,100, or AED 1,545 per sqft, 4% below the AED 1,608 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 January 2026, is AED 84,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1316 over time

Sales

Unit 1316, each saleTypical one-bed in Merano Tower

1316 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1316, each contractTypical one-bed in Merano Tower

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 1316 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

1316 last sold in May 2016 at AED 1,545 per sqft, 4% below what one-beds in Merano Tower were fetching at the time (AED 1,608). 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. 1316's AED 84,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
1 Oct 20261 October 2026	668 sqft	1,040,000	1,556
28 Sep 202628 September 2026	670 sqft	1,000,000	1,492
28 Sep 202628 September 2026	668 sqft	1,000,000	1,497
18 Sep 202618 September 2026	668 sqft	990,000	1,482

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


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
1304	Studio	398 sqft	AED 699KAED 699,000 · Dec 2018December 2018	51,137 /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
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

1–7 of 20

1316, Merano Tower in numbers

Sold once: by DAMAC on 24 May 2016 for AED 1,026,100, or AED 1,545 per sqft.
Rented since August 2020 on 7 Ejari contracts, from AED 45,000 to AED 84,000 a year.
At AED 84,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 12,600 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 January 2026.

Questions about 1316, Merano Tower

What did unit 1316 last sell for?

AED 1,026,100 on 24 May 2016, sold by the developer: AED 1,545 per sqft for 664 sqft. It is the only registered sale of the unit.

What is the rent for unit 1316?

AED 84,000 a year on the contract signed on 1 January 2026. The previous contract, from October 2024, was AED 75,000; the unit has been rented since August 2020.

How big is unit 1316?

664 sqft (61.7 sqm): a one-bedroom apartment on the 13th floor of a 29-storey tower completed in 2020.

What is unit 1316 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 1316, Merano Tower

Starts from the last sale price (AED 1.03M, 24 May 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,026,100
Deposit, UAE resident (20%): AED 205,220
Deposit, non-resident (40%): AED 410,440
Monthly over 25 years at 3.7%: AED 4,198

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