1-bed · 663 sqftMerano Tower, Business Bay · 19th floor · completed 2020

1902, Merano Tower

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

Unit 1902 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 1.07M24 January 2017
Current rentAED 70K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Merano Tower

What is 1902 worth today?

Last sold for AED 1,066,000 in 2017

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5 Jan 2026RentedRenewal
AED 70,000/yr12 months · AED 105 per sqft
5 Jan 2025RentedRenewal
AED 70,000/yr12 months · AED 105 per sqft
5 Jan 2025RentedRenewal
AED 70,000/yr12 months · AED 105 per sqft
5 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 105 per sqft
8 Aug 2021RentedNew contract
AED 42,000/yr12 months · AED 63 per sqft
24 Jan 2017Sold by developerOff-plan
AED 1,066,000AED 1,607 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
19th of 29
Parking
B1-144
Developer
DAMAC
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 1.07M · January 2017
Building
Merano Tower

About 1902, Merano Tower

1902 is a one-bedroom apartment of 663 sqft on the 19th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 24 January 2017 for AED 1,066,000, or AED 1,607 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 2021 on 5 Ejari contracts. The current contract, renewed on 5 January 2026, is AED 70,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, 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, January 2017: AED 1,066,000 (AED 1,607 per sqft)

1902 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1902, 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, August 2021: AED 42,000 a yearNew contract, January 2024: AED 70,000 a yearRenewal, January 2025: AED 70,000 a yearRenewal, January 2025: AED 70,000 a yearRenewal, January 2026: AED 70,000 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 1902 sits

All 397 1-beds →

1902 last sold in January 2017 at AED 1,607 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. 1902's AED 70,000 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 19th floor

All 574 units in Merano Tower
Value
19011-bedAED 700K · Apr 2022
19031-bedAED 1.07M · Dec 2016
1904StudioAED 715K · Aug 2016
19051-bedAED 1.07M · Dec 2016
1906StudioAED 488K · Sep 2021
19071-bedAED 1.1M · May 2016
19081-bedAED 1.22M · Dec 2016
1–7 of 20

1902, Merano Tower in numbers

  • Sold once: by DAMAC on 24 January 2017 for AED 1,066,000, or AED 1,607 per sqft.
  • Rented since August 2021 on 5 Ejari contracts, from AED 42,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 6.6%, 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 5 January 2026.

Questions about 1902, Merano Tower

What did unit 1902 last sell for?

AED 1,066,000 on 24 January 2017, 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 1902?

AED 70,000 a year on the contract renewed on 5 January 2026. The previous contract, from January 2025, was AED 70,000; the unit has been rented since August 2021.

How big is unit 1902?

663 sqft (61.6 sqm): a one-bedroom apartment on the 19th floor of a 29-storey tower completed in 2020.

What is unit 1902 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 1902, Merano Tower

Starts from the last sale price (AED 1.07M, 24 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,066,000
Deposit, UAE resident (20%)
AED 213,200
Deposit, non-resident (40%)
AED 426,400
Monthly over 25 years at 3.7%
AED 4,361

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