2012, 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.
Property timeline for 2012, Merano Tower
What is 2012 worth today?
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Source: Dubai Land Department. Updated 3 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 635 sqft
- Floor
- 20th of 29
- Parking
- B2-004
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,100 /yr
- Last sold
- AED 1.02M · January 2017
- Building
- Merano Tower
About 2012, Merano Tower
2012 is a one-bedroom apartment of 635 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 25 January 2017 for AED 1,016,000, or AED 1,600 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, signed on 3 September 2024, is AED 60,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 12,100 a year.
Sales and rents for 2012 over time
2012 has sold once; the dashed line is the one-bed median of each year in the building.
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 2012 sits
All 397 1-beds →2012 last sold in January 2017 at AED 1,600 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. 2012's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |
| 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 | |
| 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 |
2012, Merano Tower in numbers
- Sold once: by DAMAC on 25 January 2017 for AED 1,016,000, or AED 1,600 per sqft.
- Rented since August 2020 on 5 Ejari contracts, from AED 42,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2017 price is 5.9%, 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 3 September 2024.
Questions about 2012, Merano Tower
What did unit 2012 last sell for?
AED 1,016,000 on 25 January 2017, sold by the developer: AED 1,600 per sqft for 635 sqft. It is the only registered sale of the unit.
What is the rent for unit 2012?
AED 60,000 a year on the contract signed on 3 September 2024. The previous contract, from August 2023, was AED 63,000; the unit has been rented since August 2020.
How big is unit 2012?
635 sqft (59.0 sqm): a one-bedroom apartment on the 20th floor of a 29-storey tower completed in 2020.
What is unit 2012 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 2012, 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 →