204, Merano Tower
Sold prices and rental history: sold once, by the developer in March 2020, 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 204, Merano Tower
What is 204 worth today?
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Source: Dubai Land Department. Updated 20 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 767 sqft
- Floor
- 2nd of 29
- Parking
- B3-093
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 14,600 /yr
- Last sold
- AED 1.17M · March 2020
- Building
- Merano Tower
About 204, Merano Tower
204 is a one-bedroom apartment of 767 sqft on the 2nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 3 March 2020 for AED 1,165,000, or AED 1,518 per sqft, 7% below the AED 1,638 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 20 April 2025, is AED 83,000 a year: a gross yield of 7.1% on the 2020 price, before the service charge of about AED 14,600 a year.
Sales and rents for 204 over time
204 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 204 sits
All 397 1-beds →204 last sold in March 2020 at AED 1,518 per sqft, 7% below what one-beds in Merano Tower were fetching at the time (AED 1,638). 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. 204's AED 83,000 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 2nd floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 720 sqft | AED 1.14MAED 1,142,000 · Oct 2019October 2019 | 85,000 /yr | |
| 202 | 1-bed | 769 sqft | AED 997KAED 997,000 · Oct 2021October 2021 | 85,000 /yr | |
| 203 | 1-bed | 772 sqft | AED 1MAED 1,000,000 · Sep 2024September 2024 | 78,000 /yr | |
| 205 | Studio | 381 sqft | AED 532KAED 532,000 · Oct 2025October 2025 | 50,000 /yr | |
| 206 | 1-bed | 767 sqft | AED 1.18MAED 1,175,000 · Nov 2019November 2019 | 85,000 /yr | |
| 207 | 1-bed | 771 sqft | AED 1.28MAED 1,275,000 · Aug 2024August 2024 | 80,000 /yr | |
| 208 | 1-bed | 629 sqft | AED 1.02MAED 1,023,000 · Apr 2019April 2019 | 77,000 /yr | |
| 209 | 1-bed | 629 sqft | AED 570KAED 570,000 · Jun 2021June 2021 | 103,500 /yr | |
| 210 | 1-bed | 629 sqft | AED 845KAED 845,000 · Apr 2022April 2022 | ||
| 211 | 1-bed | 629 sqft | AED 600KAED 600,000 · Jun 2021June 2021 | 70,000 /yr | |
| 212 | 2-bed | 884 sqft | AED 1.12MAED 1,119,160 · Apr 2022April 2022 | 120,000 /yr | |
| 213 | 2-bed | 952 sqft | AED 1.3MAED 1,300,000 · Nov 2025November 2025 | 115,000 /yr | |
| 214 | 2-bed | 969 sqft | AED 1.22MAED 1,220,000 · Aug 2026August 2026 | 103,000 /yr | |
| 215 | 1-bed | 647 sqft | AED 1.05MAED 1,046,000 · Sep 2019September 2019 | 48,000 /yr | |
| 216 | 3-bed | 1,431 sqft | AED 2.19MAED 2,188,000 · Oct 2019October 2019 | ||
| 217 | 1-bed | 752 sqft | AED 980KAED 980,000 · Nov 2025November 2025 | 75,000 /yr | |
| 218 | 1-bed | 742 sqft | AED 1.15MAED 1,146,000 · Mar 2020March 2020 | 75,000 /yr | |
| 219 | Studio | 373 sqft | AED 506KAED 506,000 · Jan 2022January 2022 | 84,000 /yr |
204, Merano Tower in numbers
- Sold once: by DAMAC on 3 March 2020 for AED 1,165,000, or AED 1,518 per sqft.
- Rented since March 2021 on 5 Ejari contracts, from AED 45,000 to AED 83,000 a year.
- At AED 83,000 a year the gross yield on the 2020 price is 7.1%, before a service charge of about AED 14,600 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 20 April 2025.
Questions about 204, Merano Tower
What did unit 204 last sell for?
AED 1,165,000 on 3 March 2020, sold by the developer: AED 1,518 per sqft for 767 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 83,000 a year on the contract signed on 20 April 2025. The previous contract, from April 2024, was AED 76,000; the unit has been rented since March 2021.
How big is unit 204?
767 sqft (71.3 sqm): a one-bedroom apartment on the 2nd floor of a 29-storey tower completed in 2020.
What is unit 204 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 204, Merano Tower
Starts from the last sale price (AED 1.17M, 3 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,165,000
- Deposit, UAE resident (20%)
- AED 233,000
- Deposit, non-resident (40%)
- AED 466,000
- Monthly over 25 years at 3.7%
- AED 4,766
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →