1406, Merano Tower
Sold prices and rental history: sold once, by the developer in November 2017, 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 1406, Merano Tower
What is 1406 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 327 sqft
- Floor
- 14th of 29
- Parking
- B3-134
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,200 /yr
- Last sold
- AED 582K · November 2017
- Building
- Merano Tower
About 1406, Merano Tower
1406 is a studio of 327 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 6 November 2017 for AED 582,000, or AED 1,779 per sqft, in line with the AED 1,779 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 53,360 a year: a gross yield of 9.2% on the 2017 price, before the service charge of about AED 6,200 a year.
Sales and rents for 1406 over time
1406 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 1406 sits
All 82 studios →1406 last sold in November 2017 at AED 1,779 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,779). 1406's AED 53,360 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 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 | |
| 1402 | 1-bed | 670 sqft | AED 795KAED 794,780 · Jan 2021January 2021 | 70,000 /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 | ||
| 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 |
1406, Merano Tower in numbers
- Sold once: by DAMAC on 6 November 2017 for AED 582,000, or AED 1,779 per sqft.
- Rented since November 2020 on 6 Ejari contracts, from AED 35,000 to AED 53,360 a year.
- At AED 53,360 a year the gross yield on the 2017 price is 9.2%, before a service charge of about AED 6,200 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 1 November 2025.
Questions about 1406, Merano Tower
What did unit 1406 last sell for?
AED 582,000 on 6 November 2017, sold by the developer: AED 1,779 per sqft for 327 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 53,360 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 50,820; the unit has been rented since November 2020.
How big is unit 1406?
327 sqft (30.4 sqm): a studio on the 14th floor of a 29-storey tower completed in 2020.
What is unit 1406 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 1406, Merano Tower
Starts from the last sale price (AED 582K, 6 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 582,000
- Deposit, UAE resident (20%)
- AED 116,400
- Deposit, non-resident (40%)
- AED 232,800
- Monthly over 25 years at 3.7%
- AED 2,381
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →