Studio · 398 sqftMerano Tower, Business Bay · 22nd floor · completed 2020

2204, Merano Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 730K27 August 2024
Current rentAED 67K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, Merano Tower

What is 2204 worth today?

Last sold for AED 730,000 in 2024

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1 Jan 2026RentedNew contract
AED 67,000/yr12 months · AED 168 per sqft
16 Sep 2025RentedNew contract
AED 67,000/yr12 months · AED 168 per sqft
24 Sep 2024RentedNew contract
AED 68,000/yr12 months · AED 171 per sqft
27 Aug 2024SoldReady
AED 730,000AED 1,834 per sqft
15 Mar 2023RentedRenewal
AED 46,000/yr12 months · AED 119 per sqft
15 Mar 2022RentedRenewal
AED 37,000/yr12 months · AED 95 per sqft
15 Mar 2021RentedNew contract
AED 33,000/yr12 months · AED 83 per sqft
15 Dec 2019SoldOff-plan
AED 350,000AED 879 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
22nd of 29
Parking
B3-163
Developer
DAMAC
Completed
2020
Service charge
AED 7,600 /yr
Last sold
AED 730K · August 2024
Building
Merano Tower

About 2204, Merano Tower

2204 is a studio of 398 sqft on the 22nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 27 August 2024 for AED 730,000, or AED 1,834 per sqft, 4% below the AED 1,911 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 January 2026, is AED 67,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 7,600 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, each saleTypical studio in Merano Tower
400K600K800K2016201920222025Typical 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, May 2017: AED 716,000 (AED 1,799 per sqft)Sold, December 2019: AED 350,000 (AED 879 per sqft)Sold, August 2024: AED 730,000 (AED 1,834 per sqft)

2204 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2204, 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, March 2021: AED 33,000 a yearRenewal, March 2022: AED 37,000 a yearRenewal, March 2023: AED 46,000 a yearNew contract, September 2024: AED 68,000 a yearNew contract, September 2025: AED 67,000 a yearNew contract, January 2026: AED 67,000 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 2204 sits

All 82 studios →

2204 last sold in August 2024 at AED 1,834 per sqft, 4% below what studios in Merano Tower were fetching at the time (AED 1,911). 2204's AED 67,000 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 22nd floor

All 574 units in Merano Tower
Value
22011-bedAED 980K · Jul 2024
22021-bedAED 1.19M · Nov 2022
22031-bedAED 1.07M · Dec 2016
22051-bedAED 1.06M · Jan 2025
2206StudioAED 730K · Oct 2024
22071-bedAED 1.08M · Dec 2016
22081-bedAED 1.22M · Oct 2016
1–7 of 20

2204, Merano Tower in numbers

  • Sold 3 times: first on 24 May 2017 for AED 716,000, last on 27 August 2024 for AED 730,000 (AED 1,834 per sqft).
  • Rented since March 2021 on 6 Ejari contracts, from AED 33,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 1 January 2026.

Questions about 2204, Merano Tower

What did unit 2204 last sell for?

AED 730,000 on 27 August 2024: AED 1,834 per sqft for 398 sqft. The unit has 3 registered sales; the first was AED 716,000 in May 2017.

What is the rent for unit 2204?

AED 67,000 a year on the contract signed on 1 January 2026. The previous contract, from September 2025, was AED 67,000; the unit has been rented since March 2021.

How big is unit 2204?

398 sqft (37.0 sqm): a studio on the 22nd floor of a 29-storey tower completed in 2020.

What is unit 2204 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 2204, Merano Tower

Starts from the last sale price (AED 730K, 27 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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