1-bed · 664 sqftMerano Tower, Business Bay · 22nd floor · completed 2020

2216, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in December 2022, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2216 · DLD and Ejari recordsUpdated 19 December 2022

Last soldAED 880K19 December 2022

Current rentAED 45K /yr1 November 2020

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2216, Merano Tower

Today

What is 2216 worth today?

Last sold for AED 880,000 in 2022

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19 Dec 2022

19 Dec 2022SoldReady

AED 880,000AED 1,325 per sqft

1 Nov 2020

1 Nov 2020RentedNew contract

AED 45,000/yr12 months · AED 67 per sqft

13 Oct 2016

13 Oct 2016Sold by developerOff-plan

AED 1,054,400AED 1,605 per sqft

Source: Dubai Land Department. Updated 19 December 2022.

Key facts

Type: 1-bed apartment
Size: 664 sqft
Floor: 22nd of 29
Parking: B2-033
Developer: DAMAC
Completed: 2020
Service charge: AED 12,600 /yr
Last sold: AED 880K · December 2022
Building: Merano Tower

About 2216, Merano Tower

2216 is a one-bedroom apartment of 664 sqft on the 22nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 19 December 2022 for AED 880,000, or AED 1,325 per sqft, 7% below the AED 1,421 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2020. The current contract, signed on 1 November 2020, is AED 45,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2216 over time

Sales

Unit 2216, each saleTypical one-bed in Merano Tower

2216 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2216, each contractTypical one-bed in Merano Tower

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 2216 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

2216 last sold in December 2022 at AED 1,325 per sqft, 7% below what one-beds in Merano Tower were fetching at the time (AED 1,421). 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. 2216's AED 45,000 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 22nd floor

All 574 units in Merano Tower


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
2203	1-bed	663 sqft	AED 1.07MAED 1,065,600 · Dec 2016December 2016	70,000 /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
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

1–7 of 20

2216, Merano Tower in numbers

Sold twice: first on 13 October 2016 for AED 1,054,400, last on 19 December 2022 for AED 880,000 (AED 1,325 per sqft).
Rented since November 2020 on one Ejari contract, at AED 45,000 a year.
At AED 45,000 a year the gross yield on the 2022 price is 5.1%, 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 19 December 2022.

Questions about 2216, Merano Tower

What did unit 2216 last sell for?

AED 880,000 on 19 December 2022: AED 1,325 per sqft for 664 sqft. The unit has 2 registered sales; the first was AED 1,054,400 in October 2016.

What is the rent for unit 2216?

AED 45,000 a year on the contract signed on 1 November 2020.

How big is unit 2216?

664 sqft (61.7 sqm): a one-bedroom apartment on the 22nd floor of a 29-storey tower completed in 2020.

What is unit 2216 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 2216, Merano Tower

Starts from the last sale price (AED 880K, 19 December 2022). Switch to today's estimate once you have unlocked it.

Price: AED 880,000
Deposit, UAE resident (20%): AED 176,000
Deposit, non-resident (40%): AED 352,000
Monthly over 25 years at 3.7%: AED 3,600

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