1-bed · 670 sqftMerano Tower, Business Bay · 14th floor · completed 2020

1402, 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 1402 · DLD and Ejari recordsUpdated 1 March 2026

Last soldAED 795K12 January 2021

Current rentAED 70K /yr1 March 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1402, Merano Tower

Today

What is 1402 worth today?

Last sold for AED 794,780 in 2021

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1 Mar 2026

1 Mar 2026RentedRenewal

AED 70,000/yr12 months · AED 105 per sqft

1 Mar 2025

1 Mar 2025RentedRenewal

AED 70,000/yr12 months · AED 105 per sqft

1 Mar 2025

1 Mar 2025RentedRenewal

AED 70,000/yr12 months · AED 105 per sqft

1 Mar 2024

1 Mar 2024RentedRenewal

AED 70,000/yr12 months · AED 105 per sqft

1 Mar 2023

1 Mar 2023RentedNew contract

AED 70,000/yr12 months · AED 105 per sqft

22 Sep 2021

22 Sep 2021RentedNew contract

AED 52,000/yr12 months · AED 78 per sqft

12 Jan 2021

12 Jan 2021Sold by developerReady

AED 794,780AED 1,186 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type: 1-bed apartment
Size: 670 sqft
Floor: 14th of 29
Parking: B1-059
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 795K · January 2021
Building: Merano Tower

About 1402, Merano Tower

1402 is a one-bedroom apartment of 670 sqft on the 14th 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 794,780, 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 6 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 70,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1402 over time

Sales

Unit 1402, each saleTypical one-bed in Merano Tower

1402 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1402, 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 1402 sits

All 397 1-beds →

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

1402 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. 1402's AED 70,000 is in the lower half of that range.

Recent 1-bed sales	Unit no.	Size	Price (AED)	Per sqft	Summary
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 14th floor

All 574 units in Merano Tower

					ValueToday's value
1401	1-bed	616 sqft	AED 965KAED 965,000 · Dec 2016December 2016	90,000 /yr
1403	1-bed	670 sqft	AED 850KAED 850,000 · Jan 2023January 2023	80,000 /yr
1404	Studio	398 sqft	AED 635KAED 635,000 · Jun 2020June 2020	52,000 /yr
1405	1-bed	669 sqft	AED 1.08MAED 1,082,000 · Jul 2018July 2018
1406	Studio	327 sqft	AED 582KAED 582,000 · Nov 2017November 2017	53,360 /yr
1407	1-bed	668 sqft	AED 1.2MAED 1,200,000 · Jul 2025July 2025	65,000 /yr
1408	1-bed	771 sqft	AED 1.14MAED 1,135,000 · Nov 2021November 2021
1409	1-bed	635 sqft	AED 1.32MAED 1,319,522 · Nov 2017November 2017	78,750 /yr
1410	1-bed	644 sqft	AED 1.09MAED 1,092,700 · Sep 2022September 2022	94,745 /yr
1411	1-bed	644 sqft	AED 1.02MAED 1,020,000 · Dec 2025December 2025	100,000 /yr
1412	1-bed	635 sqft	AED 1.01MAED 1,010,000 · Jul 2018July 2018	55,000 /yr
1413	2-bed	891 sqft	AED 1.4MAED 1,400,000 · Dec 2025December 2025	80,000 /yr
1414	2-bed	956 sqft	AED 1.51MAED 1,512,096 · Jun 2016June 2016	125,000 /yr
1415	2-bed	982 sqft	AED 1.53MAED 1,528,300 · Dec 2016December 2016	80,000 /yr
1416	1-bed	657 sqft	AED 1.21MAED 1,206,576 · Jan 2017January 2017	80,000 /yr
1417	1-bed	668 sqft	AED 1.1MAED 1,100,000 · Sep 2024September 2024	68,000 /yr
1418	1-bed	668 sqft	AED 1.13MAED 1,125,910 · May 2018May 2018	76,000 /yr
1419	1-bed	668 sqft	AED 1.06MAED 1,060,000 · Jun 2024June 2024	80,000 /yr
1420	Studio	334 sqft	AED 750KAED 750,000 · Oct 2024October 2024	55,200 /yr
1417A	1-bed	753 sqft	AED 1.19MAED 1,191,360 · Mar 2020March 2020	85,000 /yr

1–7 of 20

1402, Merano Tower in numbers

Sold once: by DAMAC on 12 January 2021 for AED 794,780, or AED 1,186 per sqft.
Rented since September 2021 on 6 Ejari contracts, from AED 52,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2021 price is 8.8%, before a service charge of about AED 12,700 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 March 2026.

Questions about 1402, Merano Tower

What did unit 1402 last sell for?

AED 794,780 on 12 January 2021, sold by the developer: AED 1,186 per sqft for 670 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 70,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 70,000; the unit has been rented since September 2021.

How big is unit 1402?

670 sqft (62.2 sqm): a one-bedroom apartment on the 14th floor of a 29-storey tower completed in 2020.

What is unit 1402 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 1402, Merano Tower

Starts from the last sale price (AED 795K, 12 January 2021). Switch to today's estimate once you have unlocked it.

Price: AED 794,780
Deposit, UAE resident (20%): AED 158,956
Deposit, non-resident (40%): AED 317,912
Monthly over 25 years at 3.7%: AED 3,252

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