1-bed · 635 sqftMerano Tower, Business Bay · 17th floor · completed 2020

1711, Merano Tower

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1711 · DLD and Ejari recordsUpdated 16 July 2026
Last soldAED 1.02M28 December 2016
Current rentAED 66K /yr16 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1711, Merano Tower

What is 1711 worth today?

Last sold for AED 1,016,000 in 2016

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16 Jul 2026RentedRenewal
AED 66,000/yr12 months · AED 104 per sqft
16 Jul 2025RentedRenewal
AED 66,000/yr12 months · AED 104 per sqft
16 Jul 2025RentedRenewal
AED 66,000/yr12 months · AED 104 per sqft
16 Jul 2024RentedRenewal
AED 63,000/yr12 months · AED 99 per sqft
16 Jul 2023RentedRenewal
AED 60,000/yr12 months · AED 94 per sqft
16 Jul 2022RentedRenewal
AED 55,000/yr12 months · AED 87 per sqft
16 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
28 Dec 2016Sold by developerOff-plan
AED 1,016,000AED 1,599 per sqft

Source: Dubai Land Department. Updated 16 July 2026.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
17th of 29
Parking
B1-123
Developer
DAMAC
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 1.02M · December 2016
Building
Merano Tower

About 1711, Merano Tower

1711 is a one-bedroom apartment of 635 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 28 December 2016 for AED 1,016,000, or AED 1,599 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 16 July 2026, is AED 66,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1711 over time

Sales
Unit 1711, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical sale price by year: 2016 AED 1,061,015; 2017 AED 1,061,000; 2018 AED 1,069,110; 2019 AED 1,098,000; 2020 AED 995,000; 2021 AED 805,000; 2022 AED 982,000; 2023 AED 970,000; 2024 AED 1,100,000; 2025 AED 1,060,000; 2026 AED 1,075,000Sold by developer, December 2016: AED 1,016,000 (AED 1,599 per sqft)

1711 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1711, each contractTypical one-bed in Merano Tower
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 48,000; 2022 AED 59,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 75,000New contract, July 2021: AED 50,000 a yearRenewal, July 2022: AED 55,000 a yearRenewal, July 2023: AED 60,000 a yearRenewal, July 2024: AED 63,000 a yearRenewal, July 2025: AED 66,000 a yearRenewal, July 2025: AED 66,000 a yearRenewal, July 2026: AED 66,000 a year

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 1711 sits

All 397 1-beds →

1711 last sold in December 2016 at AED 1,599 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,599). 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. 1711's AED 66,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 20261,040,000
28 Sep 20261,000,000
28 Sep 20261,000,000
18 Sep 2026990,000
21 1-bed 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 17th floor

All 574 units in Merano Tower
Value
17011-bedAED 965K · Oct 2016
17021-bedAED 1.07M · Aug 2016
17031-bedAED 1.07M · Sep 2016
1704StudioAED 575K · Aug 2021
17051-bedAED 1.07M · Sep 2016
1706StudioAED 655K · Oct 2019
17071-bedAED 1.06M · Aug 2017
1–7 of 20

1711, Merano Tower in numbers

  • Sold once: by DAMAC on 28 December 2016 for AED 1,016,000, or AED 1,599 per sqft.
  • Rented since July 2021 on 7 Ejari contracts, from AED 50,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 12,100 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 16 July 2026.

Questions about 1711, Merano Tower

What did unit 1711 last sell for?

AED 1,016,000 on 28 December 2016, sold by the developer: AED 1,599 per sqft for 635 sqft. It is the only registered sale of the unit.

What is the rent for unit 1711?

AED 66,000 a year on the contract renewed on 16 July 2026. The previous contract, from July 2025, was AED 66,000; the unit has been rented since July 2021.

How big is unit 1711?

635 sqft (59.0 sqm): a one-bedroom apartment on the 17th floor of a 29-storey tower completed in 2020.

What is unit 1711 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 1711, Merano Tower

Starts from the last sale price (AED 1.02M, 28 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,016,000
Deposit, UAE resident (20%)
AED 203,200
Deposit, non-resident (40%)
AED 406,400
Monthly over 25 years at 3.7%
AED 4,157

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