2304, Merano Tower
Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Merano Tower
What is 2304 worth today?
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Source: Dubai Land Department. Updated 25 January 2023.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 23rd of 29
- Parking
- B4-002
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 580K · November 2021
- Building
- Merano Tower
About 2304, Merano Tower
2304 is a studio of 398 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 24 November 2021 for AED 580,000, or AED 1,457 per sqft, in line with the AED 1,449 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 25 January 2023, is AED 56,000 a year: a gross yield of 9.7% on the 2021 price, before the service charge of about AED 7,600 a year.
Sales and rents for 2304 over time
2304 has sold once; the dashed line is the studio median of each year in the building.
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 2304 sits
All 82 studios →2304 last sold in November 2021 at AED 1,457 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,449). 2304's AED 56,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
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 23rd floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 2303 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Aug 2016August 2016 | 70,000 /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 |
2304, Merano Tower in numbers
- Sold once: by DAMAC on 24 November 2021 for AED 580,000, or AED 1,457 per sqft.
- Rented since January 2022 on 2 Ejari contracts, from AED 45,000 to AED 56,000 a year.
- At AED 56,000 a year the gross yield on the 2021 price is 9.7%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 25 January 2023.
Questions about 2304, Merano Tower
What did unit 2304 last sell for?
AED 580,000 on 24 November 2021, sold by the developer: AED 1,457 per sqft for 398 sqft. It is the only registered sale of the unit.
What is the rent for unit 2304?
AED 56,000 a year on the contract signed on 25 January 2023. The previous contract, from January 2022, was AED 45,000.
How big is unit 2304?
398 sqft (37.0 sqm): a studio on the 23rd floor of a 29-storey tower completed in 2020.
What is unit 2304 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 2304, Merano Tower
Starts from the last sale price (AED 580K, 24 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 580,000
- Deposit, UAE resident (20%)
- AED 116,000
- Deposit, non-resident (40%)
- AED 232,000
- Monthly over 25 years at 3.7%
- AED 2,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →