2017, Merano Tower
Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2017, Merano Tower
What is 2017 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 3 November 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,455 sqft
- Floor
- 20th of 29
- Parking
- B1-109, B1-110
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 27,700 /yr
- Last sold
- AED 2.32M · November 2016
- Building
- Merano Tower
About 2017, Merano Tower
2017 is a three-bedroom apartment of 1,455 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 6 November 2016 for AED 2,322,000, or AED 1,595 per sqft, 40% below the AED 2,659 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 3 November 2026, is AED 147,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 27,700 a year.
Sales and rents for 2017 over time
2017 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Merano Tower, and where 2017 sits
All 11 3-beds →2017 last sold in November 2016 at AED 1,595 per sqft, 40% below what three-beds in Merano Tower were fetching at the time (AED 2,659). 2017's AED 147,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Feb 202520 February 2025 | 1,455 sqft | 2,375,000 | 1,632 | ||
| 14 Jan 202514 January 2025 | 1,455 sqft | 3,008,000 | 2,067 | ||
| 3 Nov 20233 November 2023 | 1,455 sqft | 2,200,000 | 1,512 | ||
| 12 Sep 202312 September 2023 | 1,455 sqft | 1,815,000 | 1,247 |
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 | |
| 2016 | 1-bed | 664 sqft | AED 1MAED 1,000,000 · Jan 2025January 2025 | 75,000 /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 |
2017, Merano Tower in numbers
- Sold once: by DAMAC on 6 November 2016 for AED 2,322,000, or AED 1,595 per sqft.
- Rented since May 2021 on 6 Ejari contracts, from AED 60,000 to AED 147,000 a year.
- At AED 147,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 27,700 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 3 November 2026.
Questions about 2017, Merano Tower
What did unit 2017 last sell for?
AED 2,322,000 on 6 November 2016, sold by the developer: AED 1,595 per sqft for 1,455 sqft. It is the only registered sale of the unit.
What is the rent for unit 2017?
AED 147,000 a year on the contract renewed on 3 November 2026. The previous contract, from November 2025, was AED 140,000; the unit has been rented since May 2021.
How big is unit 2017?
1,455 sqft (135.2 sqm): a three-bedroom apartment on the 20th floor of a 29-storey tower completed in 2020.
What is unit 2017 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 2017? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2017, Merano Tower
Starts from the last sale price (AED 2.32M, 6 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,322,000
- Deposit, UAE resident (20%)
- AED 464,400
- Deposit, non-resident (40%)
- AED 928,800
- Monthly over 25 years at 3.7%
- AED 9,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →