2203, Merano Tower
Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2203, Merano Tower
What is 2203 worth today?
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Source: Dubai Land Department. Updated 22 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 22nd of 29
- Parking
- B2-025
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.07M · December 2016
- Building
- Merano Tower
About 2203, Merano Tower
2203 is a one-bedroom apartment of 663 sqft on the 22nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 20 December 2016 for AED 1,065,600, or AED 1,607 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 22 August 2026, is AED 70,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 12,600 a year.
Sales and rents for 2203 over time
2203 has sold once; the dashed line is the one-bed median of each year in the building.
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 2203 sits
All 397 1-beds →2203 last sold in December 2016 at AED 1,607 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,599). 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. 2203's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 668 sqft | 1,040,000 | 1,556 | ||
| 28 Sep 202628 September 2026 | 670 sqft | 1,000,000 | 1,492 | ||
| 28 Sep 202628 September 2026 | 668 sqft | 1,000,000 | 1,497 | ||
| 18 Sep 202618 September 2026 | 668 sqft | 990,000 | 1,482 |
Merano Tower
Building574 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%
Other units on the 22nd floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 616 sqft | AED 980KAED 980,000 · Jul 2024July 2024 | 75,000 /yr | |
| 2202 | 1-bed | 670 sqft | AED 1.19MAED 1,186,000 · Nov 2022November 2022 | 65,000 /yr | |
| 2204 | Studio | 398 sqft | AED 730KAED 730,000 · Aug 2024August 2024 | 67,000 /yr | |
| 2205 | 1-bed | 669 sqft | AED 1.06MAED 1,060,000 · Jan 2025January 2025 | 70,000 /yr | |
| 2206 | Studio | 331 sqft | AED 730KAED 730,000 · Oct 2024October 2024 | 52,000 /yr | |
| 2207 | 1-bed | 668 sqft | AED 1.08MAED 1,081,600 · Dec 2016December 2016 | 80,000 /yr | |
| 2208 | 1-bed | 771 sqft | AED 1.22MAED 1,217,600 · Oct 2016October 2016 | 80,000 /yr | |
| 2209 | 1-bed | 635 sqft | AED 1.01MAED 1,014,400 · Oct 2016October 2016 | 73,000 /yr | |
| 2210 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Nov 2016November 2016 | 77,000 /yr | |
| 2211 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Dec 2016December 2016 | 77,500 /yr | |
| 2212 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Dec 2016December 2016 | 70,000 /yr | |
| 2213 | 2-bed | 891 sqft | AED 1.42MAED 1,420,000 · Feb 2017February 2017 | 100,000 /yr | |
| 2214 | 2-bed | 956 sqft | AED 1.65MAED 1,650,000 · Jul 2023July 2023 | 100,000 /yr | |
| 2215 | 2-bed | 982 sqft | AED 1.58MAED 1,577,600 · Mar 2017March 2017 | ||
| 2216 | 1-bed | 664 sqft | AED 880KAED 880,000 · Dec 2022December 2022 | 45,000 /yr | |
| 2217 | 1-bed | 668 sqft | AED 1.04MAED 1,040,000 · Oct 2026October 2026 | 78,000 /yr | |
| 2218 | 1-bed | 668 sqft | AED 1.07MAED 1,067,616 · Dec 2016December 2016 | 75,000 /yr | |
| 2219 | 1-bed | 668 sqft | AED 822KAED 822,000 · Jan 2021January 2021 | 70,000 /yr | |
| 2220 | Studio | 334 sqft | AED 498KAED 497,840 · Nov 2021November 2021 | 58,000 /yr | |
| 2217A | 1-bed | 753 sqft | AED 1.13MAED 1,130,000 · Jan 2026January 2026 | 92,000 /yr |
2203, Merano Tower in numbers
- Sold once: by DAMAC on 20 December 2016 for AED 1,065,600, or AED 1,607 per sqft.
- Rented since July 2020 on 7 Ejari contracts, from AED 45,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2016 price is 6.6%, 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 22 August 2026.
Questions about 2203, Merano Tower
What did unit 2203 last sell for?
AED 1,065,600 on 20 December 2016, sold by the developer: AED 1,607 per sqft for 663 sqft. It is the only registered sale of the unit.
What is the rent for unit 2203?
AED 70,000 a year on the contract renewed on 22 August 2026. The previous contract, from August 2025, was AED 68,042; the unit has been rented since July 2020.
How big is unit 2203?
663 sqft (61.6 sqm): a one-bedroom apartment on the 22nd floor of a 29-storey tower completed in 2020.
What is unit 2203 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 2203, Merano Tower
Starts from the last sale price (AED 1.07M, 20 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,065,600
- Deposit, UAE resident (20%)
- AED 213,120
- Deposit, non-resident (40%)
- AED 426,240
- Monthly over 25 years at 3.7%
- AED 4,360
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →