1-bed · 752 sqftMerano Tower, Business Bay · 2nd floor · completed 2020

217, Merano Tower

Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 8 March 2026
Last soldAED 980K20 November 2025
Current rentAED 75K /yr8 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Merano Tower

What is 217 worth today?

Last sold for AED 980,000 in 2025

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8 Mar 2026RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
20 Nov 2025SoldReady
AED 980,000AED 1,303 per sqft
8 Mar 2025RentedRenewal
AED 75,000/yr12 months · AED 100 per sqft
8 Mar 2025RentedRenewal
AED 75,000/yr12 months · AED 100 per sqft
8 Mar 2024RentedRenewal
AED 75,000/yr12 months · AED 100 per sqft
8 Mar 2023RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
24 Nov 2019Sold by developerOff-plan
AED 1,158,000AED 1,540 per sqft

Source: Dubai Land Department. Updated 8 March 2026.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
2nd of 29
Parking
B3-117
Developer
DAMAC
Completed
2020
Service charge
AED 14,300 /yr
Last sold
AED 980K · November 2025
Building
Merano Tower

About 217, Merano Tower

217 is a one-bedroom apartment of 752 sqft on the 2nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 20 November 2025 for AED 980,000, or AED 1,303 per sqft, 18% below the AED 1,585 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 8 March 2026, is AED 75,000 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 14,300 a year.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical 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, November 2019: AED 1,158,000 (AED 1,540 per sqft)Sold, November 2025: AED 980,000 (AED 1,303 per sqft)

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

Rents
Unit 217, 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, March 2023: AED 75,000 a yearRenewal, March 2024: AED 75,000 a yearRenewal, March 2025: AED 75,000 a yearRenewal, March 2025: AED 75,000 a yearNew contract, March 2026: AED 75,000 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 217 sits

All 397 1-beds →

217 last sold in November 2025 at AED 1,303 per sqft, 18% below what one-beds in Merano Tower were fetching at the time (AED 1,585). 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. 217's AED 75,000 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 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

217, Merano Tower in numbers

  • Sold twice: first on 24 November 2019 for AED 1,158,000, last on 20 November 2025 for AED 980,000 (AED 1,303 per sqft).
  • Rented since March 2023 on 5 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 7.6%, before a service charge of about AED 14,300 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 8 March 2026.

Questions about 217, Merano Tower

What did unit 217 last sell for?

AED 980,000 on 20 November 2025: AED 1,303 per sqft for 752 sqft. The unit has 2 registered sales; the first was AED 1,158,000 in November 2019.

What is the rent for unit 217?

AED 75,000 a year on the contract signed on 8 March 2026. The previous contract, from March 2025, was AED 75,000; the unit has been rented since March 2023.

How big is unit 217?

752 sqft (69.9 sqm): a one-bedroom apartment on the 2nd floor of a 29-storey tower completed in 2020.

What is unit 217 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 217, Merano Tower

Starts from the last sale price (AED 980K, 20 November 2025). 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 →