Studio · 334 sqftMerano Tower, Business Bay · 21st floor · completed 2020

2120, Merano Tower

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

Unit 2120 · DLD and Ejari recordsUpdated 5 January 2025
Last soldAED 569K2 August 2016
Current rentAED 72K /yr5 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2120, Merano Tower

What is 2120 worth today?

Last sold for AED 569,088 in 2016

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5 Jan 2025RentedNew contract
AED 72,000/yr12 months · AED 215 per sqft
11 Jul 2023RentedNew contract
AED 43,000/yr12 months · AED 129 per sqft
6 Jul 2022RentedNew contract
AED 34,000/yr12 months · AED 102 per sqft
6 Jul 2021RentedNew contract
AED 30,000/yr12 months · AED 90 per sqft
2 Aug 2016Sold by developerOff-plan
AED 569,088AED 1,702 per sqft

Source: Dubai Land Department. Updated 5 January 2025.

Key facts

Type
Studio apartment
Size
334 sqft
Floor
21st of 29
Parking
B3-162
Developer
DAMAC
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 569K · August 2016
Building
Merano Tower

About 2120, Merano Tower

2120 is a studio of 334 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 2 August 2016 for AED 569,088, or AED 1,702 per sqft, in line with the AED 1,694 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 5 January 2025, is AED 72,000 a year: a gross yield of 12.7% on the 2016 price, before the service charge of about AED 6,400 a year.

Sales and rents for 2120 over time

Sales
Unit 2120, each saleTypical studio in Merano Tower
600K2016201920222025Typical sale price by year: 2016 AED 569,088; 2017 AED 597,500; 2018 AED 592,000; 2019 AED 602,000; 2020 AED 537,000; 2021 AED 510,090; 2022 AED 550,000; 2023 AED 640,000; 2024 AED 715,000; 2025 AED 750,000Sold by developer, August 2016: AED 569,088 (AED 1,702 per sqft)

2120 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2120, each contractTypical studio in Merano Tower
40K60K2020202220242026Typical rent by year: 2020 AED 34,500; 2021 AED 35,000; 2022 AED 43,850; 2023 AED 54,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 56,600New contract, July 2021: AED 30,000 a yearNew contract, July 2022: AED 34,000 a yearNew contract, July 2023: AED 43,000 a yearNew contract, January 2025: AED 72,000 a year

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

Studios in Merano Tower, and where 2120 sits

All 82 studios →

2120 last sold in August 2016 at AED 1,702 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,694). 2120's AED 72,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2025532,000
19 Sep 2025584,259
8 Sep 2025800,000
10 Jun 2025790,000
0 studio 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

2120, Merano Tower in numbers

  • Sold once: by DAMAC on 2 August 2016 for AED 569,088, or AED 1,702 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, from AED 30,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2016 price is 12.7%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 5 January 2025.

Questions about 2120, Merano Tower

What did unit 2120 last sell for?

AED 569,088 on 2 August 2016, sold by the developer: AED 1,702 per sqft for 334 sqft. It is the only registered sale of the unit.

What is the rent for unit 2120?

AED 72,000 a year on the contract signed on 5 January 2025. The previous contract, from July 2023, was AED 43,000; the unit has been rented since July 2021.

How big is unit 2120?

334 sqft (31.0 sqm): a studio on the 21st floor of a 29-storey tower completed in 2020.

What is unit 2120 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2120, Merano Tower

Starts from the last sale price (AED 569K, 2 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 569,088
Deposit, UAE resident (20%)
AED 113,818
Deposit, non-resident (40%)
AED 227,635
Monthly over 25 years at 3.7%
AED 2,328

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