3-bed · 1,455 sqftMerano Tower, Business Bay · 18th floor · completed 2020

1817, Merano Tower

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1817 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 2.31M4 May 2017
Current rentAED 130K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1817, Merano Tower

What is 1817 worth today?

Last sold for AED 2,309,000 in 2017

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18 Sep 2026RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
25 Nov 2025RentedNew contract
AED 160,000/yr12 months · AED 110 per sqft
17 Sep 2024RentedRenewal
AED 150,000/yr12 months · AED 103 per sqft
18 Sep 2023RentedRenewal
AED 131,604/yr12 months · AED 90 per sqft
18 Sep 2022RentedNew contract
AED 125,000/yr12 months · AED 86 per sqft
30 May 2021RentedNew contract
AED 90,000/yr12 months · AED 62 per sqft
4 May 2017Sold by developerOff-plan
AED 2,309,000AED 1,586 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
3-bed apartment
Size
1,455 sqft
Floor
18th of 29
Parking
B1-107, B1-108
Developer
DAMAC
Completed
2020
Service charge
AED 27,700 /yr
Last sold
AED 2.31M · May 2017
Building
Merano Tower

About 1817, Merano Tower

1817 is a three-bedroom apartment of 1,455 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 4 May 2017 for AED 2,309,000, or AED 1,586 per sqft, in line with the AED 1,595 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 18 September 2026, is AED 130,000 a year: a gross yield of 5.6% on the 2017 price, before the service charge of about AED 27,700 a year.

Sales and rents for 1817 over time

Sales
Unit 1817, each saleTypical three-bed in Merano Tower
2.2M2.25M2.3M20162018202020222024Typical sale price by year: 2016 AED 2,289,860; 2017 AED 2,309,000; 2023 AED 2,200,000Sold by developer, May 2017: AED 2,309,000 (AED 1,586 per sqft)

1817 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1817, each contractTypical three-bed in Merano Tower
100K150K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 115,000; 2023 AED 127,500; 2024 AED 135,000; 2025 AED 142,000; 2026 AED 135,000New contract, May 2021: AED 90,000 a yearNew contract, September 2022: AED 125,000 a yearRenewal, September 2023: AED 131,604 a yearRenewal, September 2024: AED 150,000 a yearNew contract, November 2025: AED 160,000 a yearNew contract, September 2026: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Merano Tower, and where 1817 sits

All 11 3-beds →

1817 last sold in May 2017 at AED 1,586 per sqft, in line with what three-beds in Merano Tower were fetching at the time (AED 1,595). 1817's AED 130,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Feb 20252,375,000
14 Jan 20253,008,000
3 Nov 20232,200,000
12 Sep 20231,815,000
0 3-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

1817, Merano Tower in numbers

  • Sold once: by DAMAC on 4 May 2017 for AED 2,309,000, or AED 1,586 per sqft.
  • Rented since May 2021 on 6 Ejari contracts, from AED 90,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2017 price is 5.6%, before a service charge of about AED 27,700 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 18 September 2026.

Questions about 1817, Merano Tower

What did unit 1817 last sell for?

AED 2,309,000 on 4 May 2017, sold by the developer: AED 1,586 per sqft for 1,455 sqft. It is the only registered sale of the unit.

What is the rent for unit 1817?

AED 130,000 a year on the contract signed on 18 September 2026. The previous contract, from November 2025, was AED 160,000; the unit has been rented since May 2021.

How big is unit 1817?

1,455 sqft (135.2 sqm): a three-bedroom apartment on the 18th floor of a 29-storey tower completed in 2020.

What is unit 1817 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 1817, Merano Tower

Starts from the last sale price (AED 2.31M, 4 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,309,000
Deposit, UAE resident (20%)
AED 461,800
Deposit, non-resident (40%)
AED 923,600
Monthly over 25 years at 3.7%
AED 9,447

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