1-bed · 767 sqftMerano Tower, Business Bay · 2nd floor · completed 2020

206, Merano Tower

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 1.18M28 November 2019
Current rentAED 85K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Merano Tower

What is 206 worth today?

Last sold for AED 1,175,000 in 2019

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5 Mar 2026RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
21 May 2025RentedRenewal
AED 79,558/yr6 months · AED 104 per sqft
21 May 2024RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
5 Dec 2023RentedRenewal
AED 65,000/yr12 months · AED 85 per sqft
4 Dec 2023RentedRenewal
AED 64,826/yr12 months · AED 85 per sqft
5 Dec 2022RentedRenewal
AED 61,600/yr12 months · AED 81 per sqft
5 Dec 2021RentedNew contract
AED 56,000/yr12 months · AED 73 per sqft
28 Nov 2019Sold by developerOff-plan
AED 1,175,000AED 1,531 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
1-bed apartment
Size
767 sqft
Floor
2nd of 29
Parking
B3-094
Developer
DAMAC
Completed
2020
Service charge
AED 14,600 /yr
Last sold
AED 1.18M · November 2019
Building
Merano Tower

About 206, Merano Tower

206 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 28 November 2019 for AED 1,175,000, or AED 1,531 per sqft, 6% below the AED 1,630 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 5 March 2026, is AED 85,000 a year: a gross yield of 7.2% on the 2019 price, before the service charge of about AED 14,600 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,061,015; 2017 AED 1,061,000; 2018 AED 1,069,110; 2019 AED 1,098,000; 2020 AED 995,000; 2021 AED 805,000; 2022 AED 982,000; 2023 AED 970,000; 2024 AED 1,100,000; 2025 AED 1,060,000; 2026 AED 1,075,000Sold by developer, November 2019: AED 1,175,000 (AED 1,531 per sqft)

206 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 206, each contractTypical one-bed in Merano Tower
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 48,000; 2022 AED 59,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 75,000New contract, December 2021: AED 56,000 a yearRenewal, December 2022: AED 61,600 a yearRenewal, December 2023: AED 65,000 a yearRenewal, December 2023: AED 64,826 a yearNew contract, May 2024: AED 80,000 a yearRenewal, May 2025: AED 79,558 a yearNew contract, March 2026: AED 85,000 a year

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 206 sits

All 397 1-beds →

206 last sold in November 2019 at AED 1,531 per sqft, 6% below what one-beds in Merano Tower were fetching at the time (AED 1,630). 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. 206's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 20261,040,000
28 Sep 20261,000,000
28 Sep 20261,000,000
18 Sep 2026990,000
21 1-bed sales in the last 12 months

Merano Tower

Building

574 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%
Merano Tower, Business Bay: prices, sales and rents →

Other units on the 2nd floor

All 574 units in Merano Tower
Value
2011-bedAED 1.14M · Oct 2019
2021-bedAED 997K · Oct 2021
2031-bedAED 1M · Sep 2024
2041-bedAED 1.17M · Mar 2020
205StudioAED 532K · Oct 2025
2071-bedAED 1.28M · Aug 2024
2081-bedAED 1.02M · Apr 2019
1–7 of 18

206, Merano Tower in numbers

  • Sold once: by DAMAC on 28 November 2019 for AED 1,175,000, or AED 1,531 per sqft.
  • Rented since December 2021 on 7 Ejari contracts, from AED 56,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2019 price is 7.2%, 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 5 March 2026.

Questions about 206, Merano Tower

What did unit 206 last sell for?

AED 1,175,000 on 28 November 2019, sold by the developer: AED 1,531 per sqft for 767 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 85,000 a year on the contract signed on 5 March 2026. The previous contract, from May 2025, was AED 79,558; the unit has been rented since December 2021.

How big is unit 206?

767 sqft (71.3 sqm): a one-bedroom apartment on the 2nd floor of a 29-storey tower completed in 2020.

What is unit 206 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 206, Merano Tower

Starts from the last sale price (AED 1.18M, 28 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →