1-bed · 663 sqftMerano Tower, Business Bay · 18th floor · completed 2020

1803, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1803 · DLD and Ejari recordsUpdated 25 July 2025

Last soldAED 1.07M13 October 2016

Current rentAED 75K /yr25 July 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1803, Merano Tower

Today

What is 1803 worth today?

Last sold for AED 1,065,600 in 2016

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25 Jul 2025

25 Jul 2025RentedRenewal

AED 75,000/yr12 months · AED 112 per sqft

25 Jul 2024

25 Jul 2024RentedRenewal

AED 75,000/yr12 months · AED 112 per sqft

25 Jul 2023

25 Jul 2023RentedRenewal

AED 65,000/yr12 months · AED 97 per sqft

25 Jul 2022

25 Jul 2022RentedRenewal

AED 55,200/yr12 months · AED 82 per sqft

25 Jul 2021

25 Jul 2021RentedRenewal

AED 48,000/yr12 months · AED 72 per sqft

25 Jul 2020

25 Jul 2020RentedNew contract

AED 45,000/yr12 months · AED 67 per sqft

13 Oct 2016

13 Oct 2016Sold by developerOff-plan

AED 1,065,600AED 1,607 per sqft

Source: Dubai Land Department. Updated 25 July 2025.

Key facts

Type: 1-bed apartment
Size: 663 sqft
Floor: 18th of 29
Parking: B1-132
Developer: DAMAC
Completed: 2020
Service charge: AED 12,600 /yr
Last sold: AED 1.07M · October 2016
Building: Merano Tower

About 1803, Merano Tower

1803 is a one-bedroom apartment of 663 sqft on the 18th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 13 October 2016 for AED 1,065,600, or AED 1,607 per sqft, in line with the AED 1,601 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 25 July 2025, is AED 75,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1803 over time

Sales

Unit 1803, each saleTypical one-bed in Merano Tower

1803 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1803, each contractTypical one-bed in Merano Tower

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 1803 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

1803 last sold in October 2016 at AED 1,607 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,601). 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. 1803's AED 75,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 18th floor

All 574 units in Merano Tower


1801	1-bed	616 sqft	AED 1.09MAED 1,090,000 · Jul 2025July 2025	70,000 /yr
1802	1-bed	663 sqft	AED 1.07MAED 1,066,000 · Mar 2017March 2017	57,000 /yr
1804	Studio	398 sqft	AED 712KAED 712,000 · Nov 2017November 2017	60,000 /yr
1805	1-bed	669 sqft	AED 1.07MAED 1,066,000 · Mar 2017March 2017	66,000 /yr
1806	Studio	327 sqft	AED 655KAED 655,000 · Jul 2019July 2019	66,000 /yr
1807	1-bed	668 sqft	AED 1.08MAED 1,081,600 · Dec 2016December 2016	75,000 /yr
1808	1-bed	771 sqft	AED 1.22MAED 1,217,600 · Oct 2016October 2016	75,000 /yr
1809	1-bed	635 sqft	AED 1.01MAED 1,014,400 · Dec 2016December 2016	73,500 /yr
1810	1-bed	635 sqft	AED 1.02MAED 1,018,000 · Apr 2017April 2017	84,000 /yr
1811	1-bed	635 sqft	AED 1.02MAED 1,018,000 · Aug 2017August 2017	72,000 /yr
1812	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Jan 2017January 2017	80,000 /yr
1813	2-bed	891 sqft	AED 1.43MAED 1,425,000 · Oct 2025October 2025	68,000 /yr
1814	2-bed	956 sqft	AED 1.51MAED 1,508,800 · Dec 2016December 2016	105,000 /yr
1815	2-bed	982 sqft	AED 1.58MAED 1,577,600 · Dec 2016December 2016	90,000 /yr
1816	1-bed	657 sqft	AED 1.05MAED 1,054,400 · Aug 2016August 2016	65,000 /yr
1817	3-bed	1,455 sqft	AED 2.31MAED 2,309,000 · May 2017May 2017	130,000 /yr
1818	1-bed	668 sqft	AED 1.06MAED 1,060,000 · Jul 2017July 2017	75,000 /yr
1819	1-bed	668 sqft	AED 1.15MAED 1,154,440 · Jul 2023July 2023	90,000 /yr
1820	Studio	334 sqft	AED 593KAED 593,000 · Nov 2018November 2018	60,000 /yr

1–7 of 19

1803, Merano Tower in numbers

Sold once: by DAMAC on 13 October 2016 for AED 1,065,600, or AED 1,607 per sqft.
Rented since July 2020 on 6 Ejari contracts, from AED 45,000 to AED 75,000 a year.
At AED 75,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 12,600 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 25 July 2025.

Questions about 1803, Merano Tower

What did unit 1803 last sell for?

AED 1,065,600 on 13 October 2016, sold by the developer: AED 1,607 per sqft for 663 sqft. It is the only registered sale of the unit.

What is the rent for unit 1803?

AED 75,000 a year on the contract renewed on 25 July 2025. The previous contract, from July 2024, was AED 75,000; the unit has been rented since July 2020.

How big is unit 1803?

663 sqft (61.6 sqm): a one-bedroom apartment on the 18th floor of a 29-storey tower completed in 2020.

What is unit 1803 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 1803, Merano Tower

Starts from the last sale price (AED 1.07M, 13 October 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,065,600
Deposit, UAE resident (20%): AED 213,120
Deposit, non-resident (40%): AED 426,240
Monthly over 25 years at 3.7%: AED 4,360

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