1-bed · 663 sqftMerano Tower, Business Bay · 23rd floor · completed 2020

2303, 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 once, by the developer in August 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2303 · DLD and Ejari recordsUpdated 2 July 2026

Last soldAED 1.07M22 August 2016

Current rentAED 70K /yr2 July 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2303, Merano Tower

Today

What is 2303 worth today?

Last sold for AED 1,065,600 in 2016

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2 Jul 2026

2 Jul 2026RentedRenewal

AED 70,000/yr12 months · AED 105 per sqft

2 Jul 2025

2 Jul 2025RentedRenewal

AED 75,000/yr12 months · AED 112 per sqft

2 Jul 2024

2 Jul 2024RentedNew contract

AED 74,000/yr12 months · AED 110 per sqft

15 Nov 2022

15 Nov 2022RentedNew contract

AED 65,000/yr12 months · AED 97 per sqft

10 Nov 2021

10 Nov 2021RentedNew contract

AED 50,000/yr12 months · AED 75 per sqft

22 Aug 2016

22 Aug 2016Sold by developerOff-plan

AED 1,065,600AED 1,607 per sqft

Source: Dubai Land Department. Updated 2 July 2026.

Key facts

Type: 1-bed apartment
Size: 663 sqft
Floor: 23rd of 29
Parking: B2-040
Developer: DAMAC
Completed: 2020
Service charge: AED 12,600 /yr
Last sold: AED 1.07M · August 2016
Building: Merano Tower

About 2303, Merano Tower

2303 is a one-bedroom apartment of 663 sqft on the 23rd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 22 August 2016 for AED 1,065,600, or AED 1,607 per sqft, in line with the AED 1,607 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 2 July 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 2303 over time

Sales

Unit 2303, each saleTypical one-bed in Merano Tower

2303 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2303, 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 2303 sits

All 397 1-beds →

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

2303 last sold in August 2016 at AED 1,607 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,607). 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. 2303's AED 70,000 is in the lower half 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 23rd floor

All 574 units in Merano Tower


2301	1-bed	308 sqft	AED 400KAED 400,000 · Jan 2023January 2023	85,000 /yr
2302	1-bed	663 sqft	AED 1.07MAED 1,065,600 · Feb 2017February 2017	95,000 /yr
2304	Studio	398 sqft	AED 580KAED 580,000 · Nov 2021November 2021	56,000 /yr
2305	1-bed	669 sqft	AED 1.07MAED 1,065,600 · Mar 2017March 2017
2306	Studio	331 sqft	AED 616KAED 616,000 · Jan 2021January 2021	50,000 /yr
2307	1-bed	668 sqft	AED 1.06MAED 1,061,000 · May 2017May 2017	75,000 /yr
2308	1-bed	771 sqft	AED 1.22MAED 1,217,600 · Oct 2016October 2016	68,000 /yr
2309	1-bed	635 sqft	AED 1.01MAED 1,014,400 · Aug 2016August 2016	78,000 /yr
2310	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Oct 2016October 2016	65,000 /yr
2311	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Dec 2016December 2016	74,000 /yr
2312	1-bed	635 sqft	AED 1.05MAED 1,053,000 · Mar 2019March 2019	72,000 /yr
2313	2-bed	223 sqft	AED 1.42MAED 1,419,200 · Oct 2016October 2016	120,000 /yr
2314	2-bed	956 sqft	AED 1.51MAED 1,508,800 · Nov 2016November 2016	99,225 /yr
2315	2-bed	993 sqft	AED 1.59MAED 1,590,000 · Jun 2025June 2025	120,000 /yr
2316	1-bed	664 sqft	AED 980KAED 980,000 · Jan 2025January 2025	60,000 /yr
2317	3-bed	1,455 sqft	AED 2.2MAED 2,200,000 · Aug 2023August 2023	170,000 /yr
2318	1-bed	668 sqft	AED 1.16MAED 1,162,280 · Nov 2022November 2022
2319	1-bed	668 sqft	AED 980KAED 980,000 · Nov 2024November 2024	70,000 /yr
2320	Studio	334 sqft	AED 800KAED 800,000 · Sep 2025September 2025	68,000 /yr

1–7 of 19

2303, Merano Tower in numbers

Sold once: by DAMAC on 22 August 2016 for AED 1,065,600, or AED 1,607 per sqft.
Rented since November 2021 on 5 Ejari contracts, from AED 50,000 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 2 July 2026.

Questions about 2303, Merano Tower

What did unit 2303 last sell for?

AED 1,065,600 on 22 August 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 2303?

AED 70,000 a year on the contract renewed on 2 July 2026. The previous contract, from July 2025, was AED 75,000; the unit has been rented since November 2021.

How big is unit 2303?

663 sqft (61.6 sqm): a one-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2020.

What is unit 2303 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 2303, Merano Tower

Starts from the last sale price (AED 1.07M, 22 August 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 →