2-bed · 884 sqftMerano Tower, Business Bay · 2nd floor · completed 2020

212, Merano Tower

Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 28 January 2026
Last soldAED 1.12M6 April 2022
Current rentAED 120K /yr28 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Merano Tower

What is 212 worth today?

Last sold for AED 1,119,160 in 2022

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28 Jan 2026RentedNew contract
AED 120,000/yr12 months · AED 136 per sqft
26 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 136 per sqft
26 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 136 per sqft
6 Apr 2022Sold by developerReady
AED 1,119,160AED 1,265 per sqft

Source: Dubai Land Department. Updated 28 January 2026.

Key facts

Type
2-bed apartment
Size
884 sqft
Floor
2nd of 29
Parking
P1-003
Developer
DAMAC
Completed
2020
Service charge
AED 16,800 /yr
Last sold
AED 1.12M · April 2022
Building
Merano Tower

About 212, Merano Tower

212 is a two-bedroom apartment of 884 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 6 April 2022 for AED 1,119,160, or AED 1,265 per sqft, in line with the AED 1,287 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 28 January 2026, is AED 120,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 16,800 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical two-bed in Merano Tower
1.2M1.4M1.6M2016201920222025Typical sale price by year: 2016 AED 1,508,900; 2017 AED 1,509,000; 2018 AED 1,416,000; 2019 AED 1,525,000; 2020 AED 1,169,783; 2021 AED 1,171,100; 2022 AED 1,292,540; 2023 AED 1,550,000; 2024 AED 1,477,500; 2025 AED 1,425,000; 2026 AED 1,310,000Sold by developer, April 2022: AED 1,119,160 (AED 1,265 per sqft)

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

Rents
Unit 212, each contractTypical two-bed in Merano Tower
75K100K125K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 105,000; 2026 AED 100,000New contract, January 2025: AED 120,000 a yearNew contract, January 2025: AED 120,000 a yearNew contract, January 2026: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Merano Tower, and where 212 sits

All 84 2-beds →

212 last sold in April 2022 at AED 1,265 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,287). Over the last 12 months two-beds sold for AED 1,125,000 to 1,500,000, around AED 1,504 per sqft, and rent for AED 80,000 to 135,000 a year. 212's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20261,450,000
17 Aug 20261,220,000
9 Jul 20261,200,000
11 May 20261,125,000
12 2-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
2061-bedAED 1.18M · Nov 2019
2071-bedAED 1.28M · Aug 2024
1–7 of 18

212, Merano Tower in numbers

  • Sold once: by DAMAC on 6 April 2022 for AED 1,119,160, or AED 1,265 per sqft.
  • Rented since January 2025 on 3 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 10.7%, before a service charge of about AED 16,800 a year (AED 19.02 per sqft).
  • Two-beds in Merano Tower sold for AED 1,125,000–1,500,000 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 28 January 2026.

Questions about 212, Merano Tower

What did unit 212 last sell for?

AED 1,119,160 on 6 April 2022, sold by the developer: AED 1,265 per sqft for 884 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 120,000 a year on the contract signed on 28 January 2026. The previous contract, from January 2025, was AED 120,000; the unit has been rented since January 2025.

How big is unit 212?

884 sqft (82.1 sqm): a two-bedroom apartment on the 2nd floor of a 29-storey tower completed in 2020.

What is unit 212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Merano Tower sold for AED 1,125,000 to 1,500,000 in the last 12 months, around AED 1,504 per sqft.

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Mortgage on 212, Merano Tower

Starts from the last sale price (AED 1.12M, 6 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,119,160
Deposit, UAE resident (20%)
AED 223,832
Deposit, non-resident (40%)
AED 447,664
Monthly over 25 years at 3.7%
AED 4,579

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