1-bed · 668 sqftMerano Tower, Business Bay · 21st floor · completed 2020

2118, Merano Tower

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2118 · DLD and Ejari recordsUpdated 2 September 2025
Last soldAED 1.08M6 December 2016
Current rentAED 85K /yr2 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2118, Merano Tower

What is 2118 worth today?

Last sold for AED 1,079,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Sep 2025RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
1 Aug 2024RentedNew contract
AED 78,000/yr12 months · AED 117 per sqft
16 Jul 2023RentedRenewal
AED 65,000/yr12 months · AED 97 per sqft
16 Jul 2022RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
14 Jul 2021RentedNew contract
AED 51,000/yr12 months · AED 76 per sqft
6 Dec 2016Sold by developerOff-plan
AED 1,079,000AED 1,616 per sqft

Source: Dubai Land Department. Updated 2 September 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
21st of 29
Parking
B2-021
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.08M · December 2016
Building
Merano Tower

About 2118, Merano Tower

2118 is a one-bedroom apartment of 668 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 6 December 2016 for AED 1,079,000, or AED 1,616 per sqft, in line with the AED 1,600 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 2 September 2025, is AED 85,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2118 over time

Sales
Unit 2118, 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, December 2016: AED 1,079,000 (AED 1,616 per sqft)

2118 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2118, 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, July 2021: AED 51,000 a yearNew contract, July 2022: AED 60,000 a yearRenewal, July 2023: AED 65,000 a yearNew contract, August 2024: AED 78,000 a yearNew contract, September 2025: 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 2118 sits

All 397 1-beds →

2118 last sold in December 2016 at AED 1,616 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,600). 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. 2118'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 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

2118, Merano Tower in numbers

  • Sold once: by DAMAC on 6 December 2016 for AED 1,079,000, or AED 1,616 per sqft.
  • Rented since July 2021 on 5 Ejari contracts, from AED 51,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 7.9%, before a service charge of about AED 12,700 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 2 September 2025.

Questions about 2118, Merano Tower

What did unit 2118 last sell for?

AED 1,079,000 on 6 December 2016, sold by the developer: AED 1,616 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 2118?

AED 85,000 a year on the contract signed on 2 September 2025. The previous contract, from August 2024, was AED 78,000; the unit has been rented since July 2021.

How big is unit 2118?

668 sqft (62.1 sqm): a one-bedroom apartment on the 21st floor of a 29-storey tower completed in 2020.

What is unit 2118 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.

Selling 2118? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2118, Merano Tower

Starts from the last sale price (AED 1.08M, 6 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,079,000
Deposit, UAE resident (20%)
AED 215,800
Deposit, non-resident (40%)
AED 431,600
Monthly over 25 years at 3.7%
AED 4,415

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