1-bed · 635 sqftMerano Tower, Business Bay · 19th floor · completed 2020

1911, Merano Tower

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1911 · DLD and Ejari recordsUpdated 10 February 2024
Last soldAED 1.02M25 January 2017
Current rentAED 68K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1911, Merano Tower

What is 1911 worth today?

Last sold for AED 1,016,000 in 2017

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10 Feb 2024RentedRenewal
AED 68,250/yr12 months · AED 106 per sqft
10 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
5 Sep 2022RentedRenewal
AED 50,400/yr3 months · AED 78 per sqft
5 Sep 2021RentedRenewal
AED 42,000/yr12 months · AED 65 per sqft
5 Sep 2020RentedNew contract
AED 42,000/yr12 months · AED 65 per sqft
25 Jan 2017Sold by developerOff-plan
AED 1,016,000AED 1,599 per sqft

Source: Dubai Land Department. Updated 10 February 2024.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
19th of 29
Parking
B1-152
Developer
DAMAC
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 1.02M · January 2017
Building
Merano Tower

About 1911, Merano Tower

1911 is a one-bedroom apartment of 635 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 25 January 2017 for AED 1,016,000, or AED 1,599 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 5 Ejari contracts. The current contract, renewed on 10 February 2024, is AED 68,250 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1911 over time

Sales
Unit 1911, 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 1,016,000 (AED 1,599 per sqft)

1911 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1911, 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 2020: AED 42,000 a yearRenewal, September 2021: AED 42,000 a yearRenewal, September 2022: AED 50,400 a yearNew contract, February 2023: AED 65,000 a yearRenewal, February 2024: AED 68,250 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 1911 sits

All 397 1-beds →

1911 last sold in January 2017 at AED 1,599 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. 1911's AED 68,250 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

1911, Merano Tower in numbers

  • Sold once: by DAMAC on 25 January 2017 for AED 1,016,000, or AED 1,599 per sqft.
  • Rented since September 2020 on 5 Ejari contracts, from AED 42,000 to AED 68,250 a year.
  • At AED 68,250 a year the gross yield on the 2017 price is 6.7%, 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 10 February 2024.

Questions about 1911, Merano Tower

What did unit 1911 last sell for?

AED 1,016,000 on 25 January 2017, sold by the developer: AED 1,599 per sqft for 635 sqft. It is the only registered sale of the unit.

What is the rent for unit 1911?

AED 68,250 a year on the contract renewed on 10 February 2024. The previous contract, from February 2023, was AED 65,000; the unit has been rented since September 2020.

How big is unit 1911?

635 sqft (59.0 sqm): a one-bedroom apartment on the 19th floor of a 29-storey tower completed in 2020.

What is unit 1911 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 1911, Merano Tower

Starts from the last sale price (AED 1.02M, 25 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,016,000
Deposit, UAE resident (20%)
AED 203,200
Deposit, non-resident (40%)
AED 406,400
Monthly over 25 years at 3.7%
AED 4,157

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