2016, Merano Tower
Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2016, Merano Tower
What is 2016 worth today?
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Source: Dubai Land Department. Updated 4 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 664 sqft
- Floor
- 20th of 29
- Parking
- B2-005
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1M · January 2025
- Building
- Merano Tower
About 2016, Merano Tower
2016 is a one-bedroom apartment of 664 sqft on the 20th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 31 January 2025 for AED 1,000,000, or AED 1,505 per sqft, 6% below the AED 1,609 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 4 November 2026, is AED 75,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 12,600 a year.
Sales and rents for 2016 over time
2016 has sold twice; 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 2016 sits
All 397 1-beds →2016 last sold in January 2025 at AED 1,505 per sqft, 6% below what one-beds in Merano Tower were fetching at the time (AED 1,609). 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. 2016's AED 75,000 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 | |
| 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 | |
| 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 |
2016, Merano Tower in numbers
- Sold twice: first on 12 June 2016 for AED 1,166,600, last on 31 January 2025 for AED 1,000,000 (AED 1,505 per sqft).
- Rented since November 2023 on 4 Ejari contracts, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 12,600 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 4 November 2026.
Questions about 2016, Merano Tower
What did unit 2016 last sell for?
AED 1,000,000 on 31 January 2025: AED 1,505 per sqft for 664 sqft. The unit has 2 registered sales; the first was AED 1,166,600 in June 2016.
What is the rent for unit 2016?
AED 75,000 a year on the contract renewed on 4 November 2026. The previous contract, from November 2025, was AED 75,022; the unit has been rented since November 2023.
How big is unit 2016?
664 sqft (61.7 sqm): a one-bedroom apartment on the 20th floor of a 29-storey tower completed in 2020.
What is unit 2016 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 2016, Merano Tower
Starts from the last sale price (AED 1M, 31 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →