1320, Merano Tower
Sold prices and rental history: sold once, by the developer in October 2016, 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 1320, Merano Tower
What is 1320 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 13th of 29
- Parking
- B3-132
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 566K · October 2016
- Building
- Merano Tower
About 1320, Merano Tower
1320 is a studio of 334 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 9 October 2016 for AED 566,352, or AED 1,694 per sqft, in line with the AED 1,694 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 November 2026, is AED 55,000 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1320 over time
1320 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 1320 sits
All 82 studios →1320 last sold in October 2016 at AED 1,694 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,694). 1320's AED 55,000 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 | |
| 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 | |
| 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 | |
| 1317A | 1-bed | 753 sqft | AED 1.24MAED 1,241,000 · Nov 2019November 2019 | 80,000 /yr |
1320, Merano Tower in numbers
- Sold once: by DAMAC on 9 October 2016 for AED 566,352, or AED 1,694 per sqft.
- Rented since October 2020 on 4 Ejari contracts, from AED 36,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2016 price is 9.7%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 1 November 2026.
Questions about 1320, Merano Tower
What did unit 1320 last sell for?
AED 566,352 on 9 October 2016, sold by the developer: AED 1,694 per sqft for 334 sqft. It is the only registered sale of the unit.
What is the rent for unit 1320?
AED 55,000 a year on the contract signed on 1 November 2026. The previous contract, from November 2022, was AED 44,000; the unit has been rented since October 2020.
How big is unit 1320?
334 sqft (31.0 sqm): a studio on the 13th floor of a 29-storey tower completed in 2020.
What is unit 1320 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 1320, Merano Tower
Starts from the last sale price (AED 566K, 9 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 566,352
- Deposit, UAE resident (20%)
- AED 113,270
- Deposit, non-resident (40%)
- AED 226,541
- Monthly over 25 years at 3.7%
- AED 2,317
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →