1617, Merano Tower
Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1617, Merano Tower
What is 1617 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 846 sqft
- Floor
- 16th of 29
- Parking
- B1-105, B1-106
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 16,100 /yr
- Last sold
- AED 2.37M · June 2016
- Building
- Merano Tower
About 1617, Merano Tower
1617 is a three-bedroom apartment of 846 sqft on the 16th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 22 June 2016 for AED 2,367,552, or AED 2,798 per sqft.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 142,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 16,100 a year.
Sales and rents for 1617 over time
1617 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Merano Tower, and where 1617 sits
All 11 3-beds →1617's AED 142,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Feb 202520 February 2025 | 1,455 sqft | 2,375,000 | 1,632 | ||
| 14 Jan 202514 January 2025 | 1,455 sqft | 3,008,000 | 2,067 | ||
| 3 Nov 20233 November 2023 | 1,455 sqft | 2,200,000 | 1,512 | ||
| 12 Sep 202312 September 2023 | 1,455 sqft | 1,815,000 | 1,247 |
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 16th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 616 sqft | AED 1.01MAED 1,009,584 · Jun 2016June 2016 | 80,216 /yr | |
| 1602 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Dec 2016December 2016 | 62,000 /yr | |
| 1603 | 1-bed | 485 sqft | AED 1.11MAED 1,107,168 · Jun 2016June 2016 | 62,000 /yr | |
| 1604 | Studio | 398 sqft | AED 710KAED 710,000 · Feb 2024February 2024 | 70,810 /yr | |
| 1605 | 1-bed | 669 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | 86,000 /yr | |
| 1606 | Studio | 331 sqft | AED 435KAED 435,000 · Sep 2020September 2020 | 60,000 /yr | |
| 1607 | 1-bed | 668 sqft | AED 1.06MAED 1,061,000 · May 2017May 2017 | 65,800 /yr | |
| 1608 | 1-bed | 771 sqft | AED 1.23MAED 1,232,000 · Jul 2017July 2017 | 75,000 /yr | |
| 1609 | 1-bed | 644 sqft | AED 869KAED 869,400 · Feb 2021February 2021 | 65,000 /yr | |
| 1610 | 1-bed | 644 sqft | AED 750KAED 750,000 · Sep 2020September 2020 | ||
| 1611 | 1-bed | 635 sqft | AED 986KAED 985,520 · Dec 2016December 2016 | ||
| 1612 | 1-bed | 644 sqft | AED 1.12MAED 1,117,000 · Nov 2022November 2022 | 73,500 /yr | |
| 1613 | 2-bed | 891 sqft | AED 1.38MAED 1,384,150 · May 2016May 2016 | 95,000 /yr | |
| 1614 | 2-bed | 956 sqft | AED 1.13MAED 1,132,000 · Feb 2021February 2021 | 100,000 /yr | |
| 1615 | 2-bed | 993 sqft | AED 1.45MAED 1,450,000 · Oct 2026October 2026 | 100,000 /yr | |
| 1616 | 1-bed | 664 sqft | AED 1.21MAED 1,206,576 · May 2016May 2016 | 80,000 /yr | |
| 1618 | 1-bed | 668 sqft | AED 1.18MAED 1,177,000 · Nov 2022November 2022 | 82,000 /yr | |
| 1619 | 1-bed | 668 sqft | AED 973KAED 973,000 · Oct 2021October 2021 | ||
| 1620 | Studio | 334 sqft | AED 665KAED 665,000 · Sep 2019September 2019 | 50,000 /yr |
1617, Merano Tower in numbers
- Sold once: by DAMAC on 22 June 2016 for AED 2,367,552, or AED 2,798 per sqft.
- Rented since November 2021 on 6 Ejari contracts, from AED 100,000 to AED 142,000 a year.
- At AED 142,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 16,100 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 15 August 2026.
Questions about 1617, Merano Tower
What did unit 1617 last sell for?
AED 2,367,552 on 22 June 2016, sold by the developer: AED 2,798 per sqft for 846 sqft. It is the only registered sale of the unit.
What is the rent for unit 1617?
AED 142,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 142,000; the unit has been rented since November 2021.
How big is unit 1617?
846 sqft (78.6 sqm): a three-bedroom apartment on the 16th floor of a 29-storey tower completed in 2020.
What is unit 1617 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 1617, Merano Tower
Starts from the last sale price (AED 2.37M, 22 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,367,552
- Deposit, UAE resident (20%)
- AED 473,510
- Deposit, non-resident (40%)
- AED 947,021
- Monthly over 25 years at 3.7%
- AED 9,686
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →