1-bed · 308 sqftMerano Tower, Business Bay · 23rd floor · completed 2020

2301, Merano Tower

Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 27 February 2026
Last soldAED 400K25 January 2023
Current rentAED 85K /yr27 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Merano Tower

What is 2301 worth today?

Last sold for AED 400,000 in 2023

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27 Feb 2026RentedNew contract
AED 85,000/yr12 months · AED 139 per sqft
1 Feb 2025RentedNew contract
AED 84,000/yr14 months · AED 137 per sqft
1 Feb 2025RentedNew contract
AED 84,000/yr14 months · AED 137 per sqft
11 May 2024RentedRenewal
AED 78,750/yr12 months · AED 128 per sqft
11 May 2023RentedNew contract
AED 75,000/yr12 months · AED 122 per sqft
25 Jan 2023SoldReady
AED 400,000AED 1,297 per sqft
30 Jun 2022SoldReady
AED 850,000AED 1,379 per sqft
1 May 2022RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 27 February 2026.

Key facts

Type
1-bed apartment
Size
308 sqft
Floor
23rd of 29
Parking
B2-038
Developer
DAMAC
Completed
2020
Service charge
AED 5,900 /yr
Last sold
AED 400K · January 2023
Building
Merano Tower

About 2301, Merano Tower

2301 is a one-bedroom apartment of 308 sqft on the 23rd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 25 January 2023 for AED 400,000, or AED 1,297 per sqft, 10% below the AED 1,444 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 27 February 2026, is AED 85,000 a year: a gross yield of 21.3% on the 2023 price, before the service charge of about AED 5,900 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, each saleTypical one-bed in Merano Tower
500K1M2016201920222025Typical 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, March 2017: AED 964,800 (AED 1,565 per sqft)Sold, October 2021: AED 669,000 (AED 1,085 per sqft)Sold, June 2022: AED 850,000 (AED 1,379 per sqft)Sold, January 2023: AED 400,000 (AED 1,297 per sqft)

2301 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2301, 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, May 2022: AED 65,000 a yearNew contract, May 2023: AED 75,000 a yearRenewal, May 2024: AED 78,750 a yearNew contract, February 2025: AED 84,000 a yearNew contract, February 2025: AED 84,000 a yearNew contract, February 2026: AED 85,000 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 2301 sits

All 397 1-beds →

2301 last sold in January 2023 at AED 1,297 per sqft, 10% below what one-beds in Merano Tower were fetching at the time (AED 1,444). 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. 2301's AED 85,000 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 23rd floor

All 574 units in Merano Tower
Value
23021-bedAED 1.07M · Feb 2017
23031-bedAED 1.07M · Aug 2016
2304StudioAED 580K · Nov 2021
23051-bedAED 1.07M · Mar 2017
2306StudioAED 616K · Jan 2021
23071-bedAED 1.06M · May 2017
23081-bedAED 1.22M · Oct 2016
1–7 of 19

2301, Merano Tower in numbers

  • Sold 4 times: first on 21 March 2017 for AED 964,800, last on 25 January 2023 for AED 400,000 (AED 1,297 per sqft).
  • Rented since May 2022 on 6 Ejari contracts, from AED 65,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 21.3%, before a service charge of about AED 5,900 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 27 February 2026.

Questions about 2301, Merano Tower

What did unit 2301 last sell for?

AED 400,000 on 25 January 2023: AED 1,297 per sqft for 308 sqft. The unit has 4 registered sales; the first was AED 964,800 in March 2017.

What is the rent for unit 2301?

AED 85,000 a year on the contract signed on 27 February 2026. The previous contract, from February 2025, was AED 84,000; the unit has been rented since May 2022.

How big is unit 2301?

308 sqft (28.6 sqm): a one-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2020.

What is unit 2301 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 2301, Merano Tower

Starts from the last sale price (AED 400K, 25 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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