1408, Merano Tower
Sold prices and rental history: sold once, by the developer in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Merano Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 24 November 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 771 sqft
- Floor
- 14th of 29
- Parking
- B1-063
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.14M · November 2021
- Building
- Merano Tower
About 1408, Merano Tower
1408 is a one-bedroom apartment of 771 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 24 November 2021 for AED 1,135,000, or AED 1,471 per sqft, 21% above the AED 1,217 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1408 over time
1408 has sold once; the dashed line is the one-bed median of each year in the building.
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 1408 sits
All 397 1-beds →1408 last sold in November 2021 at AED 1,471 per sqft, 21% above what one-beds in Merano Tower were fetching at the time (AED 1,217). 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.
| 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 |
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 | ||
| 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 | |
| 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 |
1408, Merano Tower in numbers
- Sold once: by DAMAC on 24 November 2021 for AED 1,135,000, or AED 1,471 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 24 November 2021.
Questions about 1408, Merano Tower
What did unit 1408 last sell for?
AED 1,135,000 on 24 November 2021, sold by the developer: AED 1,471 per sqft for 771 sqft. It is the only registered sale of the unit.
How big is unit 1408?
771 sqft (71.6 sqm): a one-bedroom apartment on the 14th floor of a 29-storey tower completed in 2020.
What is unit 1408 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 1408, Merano Tower
Starts from the last sale price (AED 1.14M, 24 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,135,000
- Deposit, UAE resident (20%)
- AED 227,000
- Deposit, non-resident (40%)
- AED 454,000
- Monthly over 25 years at 3.7%
- AED 4,644
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →