1920, Merano Tower
Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1920, Merano Tower
What is 1920 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 19th of 29
- Parking
- B3-154
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 690K · July 2024
- Building
- Merano Tower
About 1920, Merano Tower
1920 is a studio of 334 sqft on the 19th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 1 July 2024 for AED 690,000, or AED 2,064 per sqft, 4% above the AED 1,991 studios in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 26 July 2022, is AED 48,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1920 over time
1920 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1920 sits
All 82 studios →1920 last sold in July 2024 at AED 2,064 per sqft, 4% above what studios in Merano Tower were fetching at the time (AED 1,991). 1920's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
Merano Tower
Building574 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%
Other units on the 19th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 1-bed | 616 sqft | AED 700KAED 700,000 · Apr 2022April 2022 | 80,000 /yr | |
| 1902 | 1-bed | 663 sqft | AED 1.07MAED 1,066,000 · Jan 2017January 2017 | 70,000 /yr | |
| 1903 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Dec 2016December 2016 | ||
| 1904 | Studio | 398 sqft | AED 715KAED 714,800 · Aug 2016August 2016 | ||
| 1905 | 1-bed | 669 sqft | AED 1.07MAED 1,066,000 · Dec 2016December 2016 | 73,000 /yr | |
| 1906 | Studio | 331 sqft | AED 488KAED 487,910 · Sep 2021September 2021 | 53,000 /yr | |
| 1907 | 1-bed | 668 sqft | AED 1.1MAED 1,102,608 · May 2016May 2016 | 60,000 /yr | |
| 1908 | 1-bed | 771 sqft | AED 1.22MAED 1,217,600 · Dec 2016December 2016 | 60,500 /yr | |
| 1909 | 1-bed | 644 sqft | AED 787KAED 787,000 · Jan 2021January 2021 | 60,000 /yr | |
| 1910 | 1-bed | 644 sqft | AED 788KAED 788,000 · Jan 2021January 2021 | 80,000 /yr | |
| 1911 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Jan 2017January 2017 | 68,250 /yr | |
| 1912 | 1-bed | 349 sqft | AED 1.03MAED 1,033,500 · May 2016May 2016 | 77,784 /yr | |
| 1913 | 2-bed | 891 sqft | AED 1.09MAED 1,090,000 · Jul 2022July 2022 | 113,000 /yr | |
| 1914 | 2-bed | 956 sqft | AED 1.51MAED 1,509,000 · Jan 2017January 2017 | 85,000 /yr | |
| 1915 | 2-bed | 993 sqft | AED 1.32MAED 1,319,080 · Jan 2022January 2022 | ||
| 1916 | 1-bed | 664 sqft | AED 1.17MAED 1,170,000 · Feb 2026February 2026 | 67,253 /yr | |
| 1917 | 1-bed | 668 sqft | AED 1.1MAED 1,100,000 · Jan 2026January 2026 | 65,000 /yr | |
| 1918 | 1-bed | 668 sqft | AED 1.16MAED 1,157,380 · Nov 2022November 2022 | 100,000 /yr | |
| 1919 | 1-bed | 668 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | 60,000 /yr | |
| 1917A | 1-bed | 753 sqft | AED 1.2MAED 1,200,000 · Dec 2024December 2024 | 90,000 /yr |
1920, Merano Tower in numbers
- Sold 3 times: first on 19 October 2021 for AED 486,000, last on 1 July 2024 for AED 690,000 (AED 2,064 per sqft).
- Rented since October 2021 on 2 Ejari contracts, from AED 42,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 1 July 2024.
Questions about 1920, Merano Tower
What did unit 1920 last sell for?
AED 690,000 on 1 July 2024: AED 2,064 per sqft for 334 sqft. The unit has 3 registered sales; the first was AED 486,000 in October 2021.
What is the rent for unit 1920?
AED 48,000 a year on the contract signed on 26 July 2022. The previous contract, from October 2021, was AED 42,000.
How big is unit 1920?
334 sqft (31.0 sqm): a studio on the 19th floor of a 29-storey tower completed in 2020.
What is unit 1920 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 1920, Merano Tower
Starts from the last sale price (AED 690K, 1 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 690,000
- Deposit, UAE resident (20%)
- AED 138,000
- Deposit, non-resident (40%)
- AED 276,000
- Monthly over 25 years at 3.7%
- AED 2,823
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →