2004, Merano Tower
Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2004, Merano Tower
What is 2004 worth today?
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Source: Dubai Land Department. Updated 10 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 20th of 29
- Parking
- B3-157
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 875K · August 2016
- Building
- Merano Tower
About 2004, Merano Tower
2004 is a studio of 398 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 28 August 2016 for AED 875,000, or AED 2,198 per sqft, 29% above the AED 1,698 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 10 September 2025, is AED 60,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 7,600 a year.
Sales and rents for 2004 over time
2004 has sold once; 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 2004 sits
All 82 studios →2004 last sold in August 2016 at AED 2,198 per sqft, 29% above what studios in Merano Tower were fetching at the time (AED 1,698). 2004's AED 60,000 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 20th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 2003 | 1-bed | 670 sqft | AED 737KAED 737,000 · Jun 2020June 2020 | 78,000 /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 |
2004, Merano Tower in numbers
- Sold once: by DAMAC on 28 August 2016 for AED 875,000, or AED 2,198 per sqft.
- Rented since October 2020 on 4 Ejari contracts, from AED 35,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 10 September 2025.
Questions about 2004, Merano Tower
What did unit 2004 last sell for?
AED 875,000 on 28 August 2016, sold by the developer: AED 2,198 per sqft for 398 sqft. It is the only registered sale of the unit.
What is the rent for unit 2004?
AED 60,000 a year on the contract renewed on 10 September 2025. The previous contract, from September 2024, was AED 60,000; the unit has been rented since October 2020.
How big is unit 2004?
398 sqft (37.0 sqm): a studio on the 20th floor of a 29-storey tower completed in 2020.
What is unit 2004 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 2004, Merano Tower
Starts from the last sale price (AED 875K, 28 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →