1-bed · 670 sqftMerano Tower, Business Bay · 20th floor · completed 2020

2003, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 2003 · DLD and Ejari recordsUpdated 6 January 2026

Last soldAED 737K21 June 2020

Current rentAED 78K /yr6 January 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2003, Merano Tower

Today

What is 2003 worth today?

Last sold for AED 737,000 in 2020

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6 Jan 2026

6 Jan 2026RentedNew contract

AED 78,000/yr12 months · AED 117 per sqft

20 Dec 2023

20 Dec 2023RentedRenewal

AED 75,000/yr12 months · AED 112 per sqft

20 Dec 2022

20 Dec 2022RentedNew contract

AED 73,000/yr12 months · AED 109 per sqft

4 Dec 2021

4 Dec 2021RentedNew contract

AED 60,000/yr12 months · AED 90 per sqft

15 Oct 2020

15 Oct 2020RentedNew contract

AED 44,000/yr12 months · AED 66 per sqft

21 Jun 2020

21 Jun 2020Sold by developerReady

AED 737,000AED 1,100 per sqft

Source: Dubai Land Department. Updated 6 January 2026.

Key facts

Type: 1-bed apartment
Size: 670 sqft
Floor: 20th of 29
Parking: B1-163
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 737K · June 2020
Building: Merano Tower

About 2003, Merano Tower

2003 is a one-bedroom apartment of 670 sqft on the 20th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 21 June 2020 for AED 737,000, or AED 1,100 per sqft, 32% below the AED 1,622 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 6 January 2026, is AED 78,000 a year: a gross yield of 10.6% on the 2020 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2003 over time

Sales

Unit 2003, each saleTypical one-bed in Merano Tower

2003 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2003, each contractTypical one-bed in Merano Tower

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 2003 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

2003 last sold in June 2020 at AED 1,100 per sqft, 32% below what one-beds in Merano Tower were fetching at the time (AED 1,622). 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. 2003's AED 78,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
1 Oct 20261 October 2026	668 sqft	1,040,000	1,556
28 Sep 202628 September 2026	670 sqft	1,000,000	1,492
28 Sep 202628 September 2026	668 sqft	1,000,000	1,497
18 Sep 202618 September 2026	668 sqft	990,000	1,482

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 20th floor

All 574 units in Merano Tower


2001	1-bed	616 sqft	AED 965KAED 965,000 · Jan 2017January 2017	66,740 /yr
2002	1-bed	670 sqft	AED 1.03MAED 1,030,000 · Aug 2023August 2023	65,000 /yr
2004	Studio	398 sqft	AED 875KAED 875,000 · Aug 2016August 2016	60,000 /yr
2005	1-bed	669 sqft	AED 950KAED 950,000 · Sep 2023September 2023	80,000 /yr
2006	Studio	327 sqft	AED 300KAED 300,000 · Sep 2019September 2019	55,000 /yr
2007	1-bed	668 sqft	AED 1.04MAED 1,041,869 · Jun 2016June 2016	65,000 /yr
2008	1-bed	771 sqft	AED 1.21MAED 1,210,000 · Jun 2025June 2025	55,000 /yr
2009	1-bed	644 sqft	AED 952KAED 952,000 · May 2021May 2021	73,000 /yr
2010	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Jan 2017January 2017	74,000 /yr
2011	1-bed	644 sqft	AED 1.12MAED 1,120,000 · Sep 2024September 2024	76,000 /yr
2012	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Jan 2017January 2017	60,000 /yr
2013	2-bed	891 sqft	AED 1.42MAED 1,419,200 · Oct 2016October 2016	110,000 /yr
2014	2-bed	956 sqft	AED 1.51MAED 1,509,000 · Jan 2017January 2017	105,001 /yr
2015	2-bed	993 sqft	AED 1.45MAED 1,450,000 · Jan 2024January 2024	135,000 /yr
2016	1-bed	664 sqft	AED 1MAED 1,000,000 · Jan 2025January 2025	75,000 /yr
2017	3-bed	1,455 sqft	AED 2.32MAED 2,322,000 · Nov 2016November 2016	147,000 /yr
2018	1-bed	668 sqft	AED 980KAED 980,000 · Oct 2022October 2022	50,000 /yr
2019	1-bed	668 sqft	AED 1.07MAED 1,065,600 · Dec 2016December 2016	80,000 /yr
2020	Studio	334 sqft	AED 700KAED 700,000 · Feb 2025February 2025	58,000 /yr

1–7 of 19

2003, Merano Tower in numbers

Sold once: by DAMAC on 21 June 2020 for AED 737,000, or AED 1,100 per sqft.
Rented since October 2020 on 5 Ejari contracts, from AED 44,000 to AED 78,000 a year.
At AED 78,000 a year the gross yield on the 2020 price is 10.6%, before a service charge of about AED 12,700 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 6 January 2026.

Questions about 2003, Merano Tower

What did unit 2003 last sell for?

AED 737,000 on 21 June 2020, sold by the developer: AED 1,100 per sqft for 670 sqft. It is the only registered sale of the unit.

What is the rent for unit 2003?

AED 78,000 a year on the contract signed on 6 January 2026. The previous contract, from December 2023, was AED 75,000; the unit has been rented since October 2020.

How big is unit 2003?

670 sqft (62.2 sqm): a one-bedroom apartment on the 20th floor of a 29-storey tower completed in 2020.

What is unit 2003 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 2003, Merano Tower

Starts from the last sale price (AED 737K, 21 June 2020). Switch to today's estimate once you have unlocked it.

Price: AED 737,000
Deposit, UAE resident (20%): AED 147,400
Deposit, non-resident (40%): AED 294,800
Monthly over 25 years at 3.7%: AED 3,015

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