1-bed · 664 sqftMerano Tower, Business Bay · 21st floor · completed 2020

2116, Merano Tower

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2116 · DLD and Ejari recordsUpdated 13 November 2025
Last soldAED 1.1M22 May 2024
Current rentAED 92K /yr13 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2116, Merano Tower

What is 2116 worth today?

Last sold for AED 1,095,000 in 2024

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13 Nov 2025RentedRenewal
AED 92,000/yr12 months · AED 138 per sqft
13 Nov 2024RentedNew contract
AED 87,000/yr12 months · AED 130 per sqft
22 May 2024SoldReady
AED 1,095,000AED 1,649 per sqft
28 Sep 2023RentedNew contract
AED 78,000/yr12 months · AED 118 per sqft
27 Aug 2021RentedNew contract
AED 47,000/yr12 months · AED 71 per sqft
27 Aug 2020RentedNew contract
AED 47,000/yr12 months · AED 71 per sqft
26 Jul 2020RentedNew contract
AED 81,000/yr12 months · AED 122 per sqft
26 Jul 2016Sold by developerOff-plan
AED 1,022,768AED 1,557 per sqft

Source: Dubai Land Department. Updated 13 November 2025.

Key facts

Type
1-bed apartment
Size
664 sqft
Floor
21st of 29
Parking
B2-018
Developer
DAMAC
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 1.1M · May 2024
Building
Merano Tower

About 2116, Merano Tower

2116 is a one-bedroom apartment of 664 sqft on the 21st floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 22 May 2024 for AED 1,095,000, or AED 1,649 per sqft, 6% above the AED 1,554 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 13 November 2025, is AED 92,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2116 over time

Sales
Unit 2116, 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, July 2016: AED 1,022,768 (AED 1,557 per sqft)Sold, May 2024: AED 1,095,000 (AED 1,649 per sqft)

2116 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2116, each contractTypical one-bed in Merano Tower
50K75K100K2020202220242026Typical 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, July 2020: AED 81,000 a yearNew contract, August 2020: AED 47,000 a yearNew contract, August 2021: AED 47,000 a yearNew contract, September 2023: AED 78,000 a yearNew contract, November 2024: AED 87,000 a yearRenewal, November 2025: AED 92,000 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 2116 sits

All 397 1-beds →

2116 last sold in May 2024 at AED 1,649 per sqft, 6% above what one-beds in Merano Tower were fetching at the time (AED 1,554). 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. 2116's AED 92,000 is in the upper 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 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

2116, Merano Tower in numbers

  • Sold twice: first on 26 July 2016 for AED 1,022,768, last on 22 May 2024 for AED 1,095,000 (AED 1,649 per sqft).
  • Rented since July 2020 on 6 Ejari contracts. The rent fell from AED 81,000 to AED 47,000 in 2021 and recovered to AED 92,000 by November 2025.
  • At AED 92,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 12,600 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 13 November 2025.

Questions about 2116, Merano Tower

What did unit 2116 last sell for?

AED 1,095,000 on 22 May 2024: AED 1,649 per sqft for 664 sqft. The unit has 2 registered sales; the first was AED 1,022,768 in July 2016.

What is the rent for unit 2116?

AED 92,000 a year on the contract renewed on 13 November 2025. The previous contract, from November 2024, was AED 87,000; the unit has been rented since July 2020.

How big is unit 2116?

664 sqft (61.7 sqm): a one-bedroom apartment on the 21st floor of a 29-storey tower completed in 2020.

What is unit 2116 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 2116, Merano Tower

Starts from the last sale price (AED 1.1M, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,095,000
Deposit, UAE resident (20%)
AED 219,000
Deposit, non-resident (40%)
AED 438,000
Monthly over 25 years at 3.7%
AED 4,480

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