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

1403, Merano Tower

Sold prices and rental history: sold twice, last in January 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 19 August 2025
Last soldAED 850K16 January 2023
Current rentAED 80K /yr19 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1403, Merano Tower

What is 1403 worth today?

Last sold for AED 850,000 in 2023

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19 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
16 Jan 2023SoldReady
AED 850,000AED 1,268 per sqft
24 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
27 Aug 2018Sold by developerOff-plan
AED 1,071,180AED 1,615 per sqft

Source: Dubai Land Department. Updated 19 August 2025.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
14th of 29
Parking
B1-060
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 850K · January 2023
Building
Merano Tower

About 1403, Merano Tower

1403 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. It last sold on 16 January 2023 for AED 850,000, or AED 1,268 per sqft, 12% below the AED 1,444 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 19 August 2025, is AED 80,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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, August 2018: AED 1,071,180 (AED 1,615 per sqft)Sold, January 2023: AED 850,000 (AED 1,268 per sqft)

1403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, 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 yearNew contract, August 2025: AED 80,000 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 1403 sits

All 397 1-beds →

1403 last sold in January 2023 at AED 1,268 per sqft, 12% below what one-beds in Merano Tower were fetching at the time (AED 1,444). 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. 1403's AED 80,000 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 14th floor

All 574 units in Merano Tower
Value
14011-bedAED 965K · Dec 2016
14021-bedAED 795K · Jan 2021
1404StudioAED 635K · Jun 2020
14051-bedAED 1.08M · Jul 2018
1406StudioAED 582K · Nov 2017
14071-bedAED 1.2M · Jul 2025
14081-bedAED 1.14M · Nov 2021
1–7 of 20

1403, Merano Tower in numbers

  • Sold twice: first on 27 August 2018 for AED 1,071,180, last on 16 January 2023 for AED 850,000 (AED 1,268 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, from AED 50,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 9.4%, 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 19 August 2025.

Questions about 1403, Merano Tower

What did unit 1403 last sell for?

AED 850,000 on 16 January 2023: AED 1,268 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,071,180 in August 2018.

What is the rent for unit 1403?

AED 80,000 a year on the contract signed on 19 August 2025. The previous contract, from October 2021, was AED 50,000.

How big is unit 1403?

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

What is unit 1403 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 1403, Merano Tower

Starts from the last sale price (AED 850K, 16 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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