Home
Dubai prices
About
Research
1-bed · 771 sqftMerano Tower, Business Bay · 19th floor · completed 2020

1908, Merano Tower

Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 2 September 2022
Last soldAED 1.22M6 December 2016
Current rentAED 61K /yr2 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1908

Property timeline for 1908, Merano Tower

What is 1908 worth today?

Last sold for AED 1,217,600 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Sep 2022RentedNew contract
AED 60,500/yr12 months · AED 78 per sqft
2 Sep 2021RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
6 Dec 2016Sold by developerOff-plan
AED 1,217,600AED 1,578 per sqft

Source: Dubai Land Department. Updated 2 September 2022.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
19th of 29
Parking
B1-148
Developer
DAMAC
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 1.22M · December 2016
Building
Merano Tower

About 1908, Merano Tower

1908 is a one-bedroom apartment of 771 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 6 December 2016 for AED 1,217,600, or AED 1,578 per sqft, in line with the AED 1,600 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 2 September 2022, is AED 60,500 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1908 over time

Sales
Unit 1908, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical 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 1,217,600 (AED 1,578 per sqft)

1908 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1908, 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, September 2021: AED 55,000 a yearNew contract, September 2022: AED 60,500 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 1908 sits

All 397 1-beds →

1908 last sold in December 2016 at AED 1,578 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,600). 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. 1908's AED 60,500 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 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
1906StudioAED 488K · Sep 2021
19071-bedAED 1.1M · May 2016
1–7 of 20

1908, Merano Tower in numbers

  • Sold once: by DAMAC on 6 December 2016 for AED 1,217,600, or AED 1,578 per sqft.
  • Rented since September 2021 on 2 Ejari contracts, from AED 55,000 to AED 60,500 a year.
  • At AED 60,500 a year the gross yield on the 2016 price is 5.0%, before a service charge of about AED 14,700 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 2 September 2022.

Questions about 1908, Merano Tower

What did unit 1908 last sell for?

AED 1,217,600 on 6 December 2016, sold by the developer: AED 1,578 per sqft for 771 sqft. It is the only registered sale of the unit.

What is the rent for unit 1908?

AED 60,500 a year on the contract signed on 2 September 2022. The previous contract, from September 2021, was AED 55,000.

How big is unit 1908?

771 sqft (71.6 sqm): a one-bedroom apartment on the 19th floor of a 29-storey tower completed in 2020.

What is unit 1908 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.

Selling 1908? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1908, Merano Tower

Starts from the last sale price (AED 1.22M, 6 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,217,600
Deposit, UAE resident (20%)
AED 243,520
Deposit, non-resident (40%)
AED 487,040
Monthly over 25 years at 3.7%
AED 4,982

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