1720, Merano Tower
Sold prices and rental history: sold once, by the developer in April 2018, 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 1720, Merano Tower
What is 1720 worth today?
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Source: Dubai Land Department. Updated 5 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 17th of 29
- Parking
- B3-147
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 592K · April 2018
- Building
- Merano Tower
About 1720, Merano Tower
1720 is a studio of 334 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 9 April 2018 for AED 592,000, or AED 1,771 per sqft, in line with the AED 1,779 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 5 January 2026, is AED 60,000 a year: a gross yield of 10.1% on the 2018 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1720 over time
1720 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 1720 sits
All 82 studios →1720 last sold in April 2018 at AED 1,771 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,779). 1720'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 | |
| 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 | |
| 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 | |
| 1717A | 1-bed | 753 sqft | AED 1.25MAED 1,247,000 · Mar 2020March 2020 | 76,000 /yr |
1720, Merano Tower in numbers
- Sold once: by DAMAC on 9 April 2018 for AED 592,000, or AED 1,771 per sqft.
- Rented since August 2020 on 7 Ejari contracts, from AED 34,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2018 price is 10.1%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 5 January 2026.
Questions about 1720, Merano Tower
What did unit 1720 last sell for?
AED 592,000 on 9 April 2018, sold by the developer: AED 1,771 per sqft for 334 sqft. It is the only registered sale of the unit.
What is the rent for unit 1720?
AED 60,000 a year on the contract signed on 5 January 2026. The previous contract, from December 2024, was AED 55,000; the unit has been rented since August 2020.
How big is unit 1720?
334 sqft (31.0 sqm): a studio on the 17th floor of a 29-storey tower completed in 2020.
What is unit 1720 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 1720, Merano Tower
Starts from the last sale price (AED 592K, 9 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 592,000
- Deposit, UAE resident (20%)
- AED 118,400
- Deposit, non-resident (40%)
- AED 236,800
- Monthly over 25 years at 3.7%
- AED 2,422
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →