1706, Merano Tower
Sold prices and rental history: sold once, by the developer in October 2019, 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 1706, Merano Tower
What is 1706 worth today?
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Source: Dubai Land Department. Updated 10 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 327 sqft
- Floor
- 17th of 29
- Parking
- B3-144
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,200 /yr
- Last sold
- AED 655K · October 2019
- Building
- Merano Tower
About 1706, Merano Tower
1706 is a studio of 327 sqft on the 17th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 8 October 2019 for AED 655,000, or AED 2,002 per sqft, 12% above the AED 1,788 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 10 December 2025, is AED 60,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 6,200 a year.
Sales and rents for 1706 over time
1706 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 1706 sits
All 82 studios →1706 last sold in October 2019 at AED 2,002 per sqft, 12% above what studios in Merano Tower were fetching at the time (AED 1,788). 1706's AED 60,000 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 17th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 616 sqft | AED 965KAED 964,800 · Oct 2016October 2016 | ||
| 1702 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Aug 2016August 2016 | 88,000 /yr | |
| 1703 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Sep 2016September 2016 | 70,000 /yr | |
| 1704 | Studio | 398 sqft | AED 575KAED 575,000 · Aug 2021August 2021 | 59,839 /yr | |
| 1705 | 1-bed | 669 sqft | AED 1.07MAED 1,065,600 · Sep 2016September 2016 | 70,000 /yr | |
| 1707 | 1-bed | 668 sqft | AED 1.06MAED 1,061,000 · Aug 2017August 2017 | 50,000 /yr | |
| 1708 | 1-bed | 771 sqft | AED 1MAED 1,000,000 · Dec 2022December 2022 | 100,000 /yr | |
| 1709 | 1-bed | 644 sqft | AED 907KAED 907,000 · Jul 2023July 2023 | 58,000 /yr | |
| 1710 | 1-bed | 644 sqft | AED 1.02MAED 1,016,000 · Dec 2023December 2023 | 70,000 /yr | |
| 1711 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Dec 2016December 2016 | 66,000 /yr | |
| 1712 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Nov 2016November 2016 | 60,000 /yr | |
| 1713 | 2-bed | 891 sqft | AED 1.4MAED 1,400,000 · Feb 2026February 2026 | 85,000 /yr | |
| 1714 | 2-bed | 956 sqft | AED 1.47MAED 1,470,000 · Apr 2025April 2025 | 105,000 /yr | |
| 1715 | 2-bed | 982 sqft | AED 1.58MAED 1,578,000 · Mar 2017March 2017 | 95,000 /yr | |
| 1716 | 1-bed | 664 sqft | AED 1.15MAED 1,150,000 · May 2024May 2024 | 85,000 /yr | |
| 1717 | 1-bed | 668 sqft | AED 1.1MAED 1,100,000 · Sep 2026September 2026 | 50,000 /yr | |
| 1718 | 1-bed | 668 sqft | AED 1.15MAED 1,150,000 · Aug 2024August 2024 | 70,000 /yr | |
| 1719 | 1-bed | 668 sqft | AED 1.07MAED 1,065,600 · Feb 2017February 2017 | 70,000 /yr | |
| 1720 | Studio | 334 sqft | AED 592KAED 592,000 · Apr 2018April 2018 | 60,000 /yr | |
| 1717A | 1-bed | 753 sqft | AED 1.25MAED 1,247,000 · Mar 2020March 2020 | 76,000 /yr |
1706, Merano Tower in numbers
- Sold once: by DAMAC on 8 October 2019 for AED 655,000, or AED 2,002 per sqft.
- Rented since October 2020 on 5 Ejari contracts, from AED 32,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2019 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 10 December 2025.
Questions about 1706, Merano Tower
What did unit 1706 last sell for?
AED 655,000 on 8 October 2019, sold by the developer: AED 2,002 per sqft for 327 sqft. It is the only registered sale of the unit.
What is the rent for unit 1706?
AED 60,000 a year on the contract signed on 10 December 2025. The previous contract, from November 2024, was AED 55,000; the unit has been rented since October 2020.
How big is unit 1706?
327 sqft (30.4 sqm): a studio on the 17th floor of a 29-storey tower completed in 2020.
What is unit 1706 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 1706, Merano Tower
Starts from the last sale price (AED 655K, 8 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 655,000
- Deposit, UAE resident (20%)
- AED 131,000
- Deposit, non-resident (40%)
- AED 262,000
- Monthly over 25 years at 3.7%
- AED 2,680
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →