1-bed · 635 sqftMerano Tower, Business Bay · 18th floor · completed 2020

1809, Merano Tower

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

Unit 1809 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 1.01M8 December 2016
Current rentAED 74K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1809, Merano Tower

What is 1809 worth today?

Last sold for AED 1,014,400 in 2016

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20 Mar 2025RentedRenewal
AED 73,500/yr12 months · AED 114 per sqft
20 Mar 2025RentedRenewal
AED 73,500/yr12 months · AED 114 per sqft
20 Mar 2024RentedRenewal
AED 73,500/yr12 months · AED 114 per sqft
20 Mar 2023RentedNew contract
AED 70,000/yr12 months · AED 108 per sqft
1 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
1 Dec 2020RentedNew contract
AED 44,000/yr12 months · AED 68 per sqft
8 Dec 2016Sold by developerOff-plan
AED 1,014,400AED 1,596 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
18th of 29
Parking
B1-136
Developer
DAMAC
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 1.01M · December 2016
Building
Merano Tower

About 1809, Merano Tower

1809 is a one-bedroom apartment of 635 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 8 December 2016 for AED 1,014,400, or AED 1,596 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 2020 on 6 Ejari contracts. The current contract, renewed on 20 March 2025, is AED 73,500 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1809 over time

Sales
Unit 1809, 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 1,014,400 (AED 1,596 per sqft)

1809 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1809, 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 yearNew contract, December 2021: AED 50,000 a yearNew contract, March 2023: AED 70,000 a yearRenewal, March 2024: AED 73,500 a yearRenewal, March 2025: AED 73,500 a yearRenewal, March 2025: AED 73,500 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 1809 sits

All 397 1-beds →

1809 last sold in December 2016 at AED 1,596 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. 1809's AED 73,500 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 18th floor

All 574 units in Merano Tower
Value
18011-bedAED 1.09M · Jul 2025
18021-bedAED 1.07M · Mar 2017
18031-bedAED 1.07M · Oct 2016
1804StudioAED 712K · Nov 2017
18051-bedAED 1.07M · Mar 2017
1806StudioAED 655K · Jul 2019
18071-bedAED 1.08M · Dec 2016
1–7 of 19

1809, Merano Tower in numbers

  • Sold once: by DAMAC on 8 December 2016 for AED 1,014,400, or AED 1,596 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 44,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2016 price is 7.2%, 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 20 March 2025.

Questions about 1809, Merano Tower

What did unit 1809 last sell for?

AED 1,014,400 on 8 December 2016, sold by the developer: AED 1,596 per sqft for 635 sqft. It is the only registered sale of the unit.

What is the rent for unit 1809?

AED 73,500 a year on the contract renewed on 20 March 2025. The previous contract, from March 2025, was AED 73,500; the unit has been rented since December 2020.

How big is unit 1809?

635 sqft (59.0 sqm): a one-bedroom apartment on the 18th floor of a 29-storey tower completed in 2020.

What is unit 1809 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 1809, Merano Tower

Starts from the last sale price (AED 1.01M, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,014,400
Deposit, UAE resident (20%)
AED 202,880
Deposit, non-resident (40%)
AED 405,760
Monthly over 25 years at 3.7%
AED 4,150

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