1-bed · 668 sqftMerano Tower, Business Bay · 17th floor · completed 2020

1717, Merano Tower

Sold prices and rental history: sold 3 times, last in September 2026, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1717 · DLD and Ejari recordsUpdated 9 September 2026
Last soldAED 1.1M9 September 2026
Current rentAED 50K /yr8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1717, Merano Tower

What is 1717 worth today?

Last sold for AED 1,100,000 in 2026

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9 Sep 2026SoldReady
AED 1,100,000AED 1,646 per sqft
16 May 2023SoldReady
AED 1,050,000AED 1,571 per sqft
8 Dec 2022RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
8 Dec 2021RentedRenewal
AED 47,000/yr12 months · AED 70 per sqft
8 Dec 2020RentedNew contract
AED 44,000/yr12 months · AED 66 per sqft
21 Feb 2019Sold by developerOff-plan
AED 1,057,320AED 1,582 per sqft

Source: Dubai Land Department. Updated 9 September 2026.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
17th of 29
Parking
B1-126
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.1M · September 2026
Building
Merano Tower

About 1717, Merano Tower

1717 is a one-bedroom apartment of 668 sqft on the 17th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 9 September 2026 for AED 1,100,000, or AED 1,646 per sqft, 4% above the AED 1,585 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 8 December 2022, is AED 50,000 a year: a gross yield of 4.5% on the 2026 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1717 over time

Sales
Unit 1717, 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, February 2019: AED 1,057,320 (AED 1,582 per sqft)Sold, May 2023: AED 1,050,000 (AED 1,571 per sqft)Sold, September 2026: AED 1,100,000 (AED 1,646 per sqft)

1717 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1717, 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, December 2020: AED 44,000 a yearRenewal, December 2021: AED 47,000 a yearRenewal, December 2022: AED 50,000 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 1717 sits

All 397 1-beds →

1717 last sold in September 2026 at AED 1,646 per sqft, 4% above what one-beds in Merano Tower were fetching at the time (AED 1,585). 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. 1717's AED 50,000 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

1717, Merano Tower in numbers

  • Sold 3 times: first on 21 February 2019 for AED 1,057,320, last on 9 September 2026 for AED 1,100,000 (AED 1,646 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, from AED 44,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2026 price is 4.5%, before a service charge of about AED 12,700 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 September 2026.

Questions about 1717, Merano Tower

What did unit 1717 last sell for?

AED 1,100,000 on 9 September 2026: AED 1,646 per sqft for 668 sqft. The unit has 3 registered sales; the first was AED 1,057,320 in February 2019.

What is the rent for unit 1717?

AED 50,000 a year on the contract renewed on 8 December 2022. The previous contract, from December 2021, was AED 47,000; the unit has been rented since December 2020.

How big is unit 1717?

668 sqft (62.1 sqm): a one-bedroom apartment on the 17th floor of a 29-storey tower completed in 2020.

What is unit 1717 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 1717, Merano Tower

Starts from the last sale price (AED 1.1M, 9 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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