Studio · 331 sqftMerano Tower, Business Bay · 19th floor · completed 2020

1906, Merano Tower

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

Unit 1906 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 488K5 September 2021
Current rentAED 53K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1906, Merano Tower

What is 1906 worth today?

Last sold for AED 487,910 in 2021

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15 Sep 2025RentedNew contract
AED 53,000/yr12 months · AED 159 per sqft
20 Aug 2024RentedRenewal
AED 52,500/yr12 months · AED 163 per sqft
20 Aug 2023RentedNew contract
AED 50,000/yr12 months · AED 150 per sqft
7 Aug 2022RentedNew contract
AED 45,000/yr12 months · AED 135 per sqft
17 Oct 2021RentedNew contract
AED 35,000/yr12 months · AED 105 per sqft
5 Sep 2021Sold by developerReady
AED 487,910AED 1,473 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
Studio apartment
Size
331 sqft
Floor
19th of 29
Parking
B3-153
Developer
DAMAC
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 488K · September 2021
Building
Merano Tower

About 1906, Merano Tower

1906 is a studio of 331 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 5 September 2021 for AED 487,910, or AED 1,473 per sqft, 5% above the AED 1,405 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 15 September 2025, is AED 53,000 a year: a gross yield of 10.9% on the 2021 price, before the service charge of about AED 6,300 a year.

Sales and rents for 1906 over time

Sales
Unit 1906, each saleTypical studio in Merano Tower
600K2016201920222025Typical sale price by year: 2016 AED 569,088; 2017 AED 597,500; 2018 AED 592,000; 2019 AED 602,000; 2020 AED 537,000; 2021 AED 510,090; 2022 AED 550,000; 2023 AED 640,000; 2024 AED 715,000; 2025 AED 750,000Sold by developer, September 2021: AED 487,910 (AED 1,473 per sqft)

1906 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1906, each contractTypical studio in Merano Tower
40K60K2020202220242026Typical rent by year: 2020 AED 34,500; 2021 AED 35,000; 2022 AED 43,850; 2023 AED 54,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 56,600New contract, October 2021: AED 35,000 a yearNew contract, August 2022: AED 45,000 a yearNew contract, August 2023: AED 50,000 a yearRenewal, August 2024: AED 52,500 a yearNew contract, September 2025: AED 53,000 a year

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 1906 sits

All 82 studios →

1906 last sold in September 2021 at AED 1,473 per sqft, 5% above what studios in Merano Tower were fetching at the time (AED 1,405). 1906's AED 53,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2025532,000
19 Sep 2025584,259
8 Sep 2025800,000
10 Jun 2025790,000
0 studio 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
19021-bedAED 1.07M · Jan 2017
19031-bedAED 1.07M · Dec 2016
1904StudioAED 715K · Aug 2016
19051-bedAED 1.07M · Dec 2016
19071-bedAED 1.1M · May 2016
19081-bedAED 1.22M · Dec 2016
1–7 of 20

1906, Merano Tower in numbers

  • Sold once: by DAMAC on 5 September 2021 for AED 487,910, or AED 1,473 per sqft.
  • Rented since October 2021 on 5 Ejari contracts, from AED 35,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2021 price is 10.9%, before a service charge of about AED 6,300 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 15 September 2025.

Questions about 1906, Merano Tower

What did unit 1906 last sell for?

AED 487,910 on 5 September 2021, sold by the developer: AED 1,473 per sqft for 331 sqft. It is the only registered sale of the unit.

What is the rent for unit 1906?

AED 53,000 a year on the contract signed on 15 September 2025. The previous contract, from August 2024, was AED 52,500; the unit has been rented since October 2021.

How big is unit 1906?

331 sqft (30.8 sqm): a studio on the 19th floor of a 29-storey tower completed in 2020.

What is unit 1906 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 1906, Merano Tower

Starts from the last sale price (AED 488K, 5 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 487,910
Deposit, UAE resident (20%)
AED 97,582
Deposit, non-resident (40%)
AED 195,164
Monthly over 25 years at 3.7%
AED 1,996

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