Studio · 334 sqftMerano Tower, Business Bay · 14th floor · completed 2020

1420, Merano Tower

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1420 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 750K28 October 2024
Current rentAED 55K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1420, Merano Tower

What is 1420 worth today?

Last sold for AED 750,000 in 2024

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9 Oct 2026RentedRenewal
AED 55,200/yr6 months · AED 165 per sqft
9 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 180 per sqft
6 Jan 2025RentedRenewal
AED 64,000/yr12 months · AED 191 per sqft
28 Oct 2024SoldReady
AED 750,000AED 2,244 per sqft
6 Jan 2024RentedNew contract
AED 64,000/yr12 months · AED 191 per sqft
1 Sep 2023RentedRenewal
AED 55,000/yr12 months · AED 165 per sqft
18 Jul 2023SoldReady
AED 680,000AED 2,034 per sqft
1 Sep 2022RentedNew contract
AED 45,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
Studio apartment
Size
334 sqft
Floor
14th of 29
Parking
B3-135
Developer
DAMAC
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 750K · October 2024
Building
Merano Tower

About 1420, Merano Tower

1420 is a studio of 334 sqft on the 14th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 28 October 2024 for AED 750,000, or AED 2,244 per sqft, 9% above the AED 2,064 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 9 October 2026, is AED 55,200 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1420 over time

Sales
Unit 1420, each saleTypical studio in Merano Tower
600K2016201920222025Typical sale price by year: 2016 AED 569,088; 2017 AED 597,500; 2018 AED 592,000; 2019 AED 602,000; 2020 AED 537,000; 2021 AED 510,090; 2022 AED 550,000; 2023 AED 640,000; 2024 AED 715,000; 2025 AED 750,000Sold by developer, August 2016: AED 566,352 (AED 1,694 per sqft)Sold, July 2023: AED 680,000 (AED 2,034 per sqft)Sold, October 2024: AED 750,000 (AED 2,244 per sqft)

1420 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1420, each contractTypical studio in Merano Tower
40K60K2020202220242026Typical rent by year: 2020 AED 34,500; 2021 AED 35,000; 2022 AED 43,850; 2023 AED 54,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 56,600New contract, September 2020: AED 32,000 a yearRenewal, September 2021: AED 35,000 a yearNew contract, September 2022: AED 45,000 a yearRenewal, September 2023: AED 55,000 a yearNew contract, January 2024: AED 64,000 a yearRenewal, January 2025: AED 64,000 a yearNew contract, October 2025: AED 60,000 a yearRenewal, October 2026: AED 55,200 a year

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 1420 sits

All 82 studios →

1420 last sold in October 2024 at AED 2,244 per sqft, 9% above what studios in Merano Tower were fetching at the time (AED 2,064). 1420's AED 55,200 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2025532,000
19 Sep 2025584,259
8 Sep 2025800,000
10 Jun 2025790,000
0 studio 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
14031-bedAED 850K · Jan 2023
1404StudioAED 635K · Jun 2020
14051-bedAED 1.08M · Jul 2018
1406StudioAED 582K · Nov 2017
14071-bedAED 1.2M · Jul 2025
1–7 of 20

1420, Merano Tower in numbers

  • Sold 3 times: first on 3 August 2016 for AED 566,352, last on 28 October 2024 for AED 750,000 (AED 2,244 per sqft).
  • Rented since September 2020 on 8 Ejari contracts, from AED 32,000 to AED 55,200 a year.
  • At AED 55,200 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 9 October 2026.

Questions about 1420, Merano Tower

What did unit 1420 last sell for?

AED 750,000 on 28 October 2024: AED 2,244 per sqft for 334 sqft. The unit has 3 registered sales; the first was AED 566,352 in August 2016.

What is the rent for unit 1420?

AED 55,200 a year on the contract renewed on 9 October 2026. The previous contract, from October 2025, was AED 60,000; the unit has been rented since September 2020.

How big is unit 1420?

334 sqft (31.0 sqm): a studio on the 14th floor of a 29-storey tower completed in 2020.

What is unit 1420 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 1420, Merano Tower

Starts from the last sale price (AED 750K, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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