2020, Merano Tower
Sold prices and rental history: sold 3 times, last in February 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2020, Merano Tower
What is 2020 worth today?
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Source: Dubai Land Department. Updated 25 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 20th of 29
- Parking
- B3-159
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 700K · February 2025
- Building
- Merano Tower
About 2020, Merano Tower
2020 is a studio of 334 sqft on the 20th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 25 February 2025 for AED 700,000, or AED 2,094 per sqft, in line with the AED 2,094 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 25 March 2026, is AED 58,000 a year: a gross yield of 8.3% on the 2025 price, before the service charge of about AED 6,400 a year.
Sales and rents for 2020 over time
2020 has sold 3 times; 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 2020 sits
All 82 studios →2020 last sold in February 2025 at AED 2,094 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 2,094). 2020's AED 58,000 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 | |
| 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, Merano Tower in numbers
- Sold 3 times: first on 1 August 2016 for AED 569,088, last on 25 February 2025 for AED 700,000 (AED 2,094 per sqft).
- Rented since November 2023 on 3 Ejari contracts, from AED 65,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2025 price is 8.3%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 25 March 2026.
Questions about 2020, Merano Tower
What did unit 2020 last sell for?
AED 700,000 on 25 February 2025: AED 2,094 per sqft for 334 sqft. The unit has 3 registered sales; the first was AED 569,088 in August 2016.
What is the rent for unit 2020?
AED 58,000 a year on the contract signed on 25 March 2026. The previous contract, from March 2025, was AED 63,000; the unit has been rented since November 2023.
How big is unit 2020?
334 sqft (31.0 sqm): a studio on the 20th floor of a 29-storey tower completed in 2020.
What is unit 2020 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 2020, Merano Tower
Starts from the last sale price (AED 700K, 25 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →