1-bed · 349 sqftMerano Tower, Business Bay · 21st floor · completed 2020

2112, Merano Tower

Sold prices and rental history: sold once, by the developer in June 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2112 · DLD and Ejari recordsUpdated 22 June 2016
Last soldAED 980K22 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2112, Merano Tower

What is 2112 worth today?

Last sold for AED 980,000 in 2016

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22 Jun 2016Sold by developerOff-plan
AED 980,000AED 2,808 per sqft

Source: Dubai Land Department. Updated 22 June 2016.

Key facts

Type
1-bed apartment
Size
349 sqft
Floor
21st of 29
Parking
B2-017
Developer
DAMAC
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 980K · June 2016
Building
Merano Tower

About 2112, Merano Tower

2112 is a one-bedroom apartment of 349 sqft on the 21st floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 22 June 2016 for AED 980,000, or AED 2,808 per sqft, 75% above the AED 1,604 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2112 over time

Sales
Unit 2112, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical 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, June 2016: AED 980,000 (AED 2,808 per sqft)

2112 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2112, 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 75,000

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 2112 sits

All 397 1-beds →

2112 last sold in June 2016 at AED 2,808 per sqft, 75% above what one-beds in Merano Tower were fetching at the time (AED 1,604). 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.

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 21st floor

All 574 units in Merano Tower
Value
21011-bedAED 1.09M · Nov 2022
21021-bedAED 700K · Oct 2020
21031-bedAED 908K · Jun 2020
2104StudioAED 567K · Dec 2021
21051-bedAED 1.06M · Aug 2016
2106StudioAED 670K · Jul 2023
21071-bedAED 1.09M · May 2016
1–7 of 20

2112, Merano Tower in numbers

  • Sold once: by DAMAC on 22 June 2016 for AED 980,000, or AED 2,808 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 22 June 2016.

Questions about 2112, Merano Tower

What did unit 2112 last sell for?

AED 980,000 on 22 June 2016, sold by the developer: AED 2,808 per sqft for 349 sqft. It is the only registered sale of the unit.

How big is unit 2112?

349 sqft (32.4 sqm): a one-bedroom apartment on the 21st floor of a 29-storey tower completed in 2020.

What is unit 2112 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 2112, Merano Tower

Starts from the last sale price (AED 980K, 22 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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