1708, Merano Tower
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1708, Merano Tower
What is 1708 worth today?
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Source: Dubai Land Department. Updated 9 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 771 sqft
- Floor
- 17th of 29
- Parking
- B1-119
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1M · December 2022
- Building
- Merano Tower
About 1708, Merano Tower
1708 is a one-bedroom apartment of 771 sqft on the 17th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 14 December 2022 for AED 1,000,000, or AED 1,296 per sqft, 9% below the AED 1,421 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 9 August 2026, is AED 100,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 14,700 a year.
Sales and rents for 1708 over time
1708 has sold twice; 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 1708 sits
All 397 1-beds →1708 last sold in December 2022 at AED 1,296 per sqft, 9% below what one-beds in Merano Tower were fetching at the time (AED 1,421). 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. 1708's AED 100,000 is in the upper half of that range.
| 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 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 | |
| 1706 | Studio | 327 sqft | AED 655KAED 655,000 · Oct 2019October 2019 | 60,000 /yr | |
| 1707 | 1-bed | 668 sqft | AED 1.06MAED 1,061,000 · Aug 2017August 2017 | 50,000 /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 |
1708, Merano Tower in numbers
- Sold twice: first on 4 October 2021 for AED 1,106,000, last on 14 December 2022 for AED 1,000,000 (AED 1,296 per sqft).
- Rented since March 2023 on 4 Ejari contracts, from AED 129,600 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 14,700 a year (AED 19.02 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 9 August 2026.
Questions about 1708, Merano Tower
What did unit 1708 last sell for?
AED 1,000,000 on 14 December 2022: AED 1,296 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 1,106,000 in October 2021.
What is the rent for unit 1708?
AED 100,000 a year on the contract renewed on 9 August 2026. The previous contract, from August 2025, was AED 110,000; the unit has been rented since March 2023.
How big is unit 1708?
771 sqft (71.6 sqm): a one-bedroom apartment on the 17th floor of a 29-storey tower completed in 2020.
What is unit 1708 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 1708, Merano Tower
Starts from the last sale price (AED 1M, 14 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →