1-bed · 669 sqftMerano Tower, Business Bay · 23rd floor · completed 2020

2305, Merano Tower

Sold prices and rental history: sold once, by the developer in March 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 5 March 2017
Last soldAED 1.07M5 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, Merano Tower

What is 2305 worth today?

Last sold for AED 1,065,600 in 2017

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5 Mar 2017Sold by developerOff-plan
AED 1,065,600AED 1,592 per sqft

Source: Dubai Land Department. Updated 5 March 2017.

Key facts

Type
1-bed apartment
Size
669 sqft
Floor
23rd of 29
Parking
B2-041
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.07M · March 2017
Building
Merano Tower

About 2305, Merano Tower

2305 is a one-bedroom apartment of 669 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 5 March 2017 for AED 1,065,600, or AED 1,592 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2305 over time

Sales
Unit 2305, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical 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 1,065,600 (AED 1,592 per sqft)

2305 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2305, 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 75,000

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 2305 sits

All 397 1-beds →

2305 last sold in March 2017 at AED 1,592 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,599). 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.

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
23011-bedAED 400K · Jan 2023
23021-bedAED 1.07M · Feb 2017
23031-bedAED 1.07M · Aug 2016
2304StudioAED 580K · Nov 2021
2306StudioAED 616K · Jan 2021
23071-bedAED 1.06M · May 2017
23081-bedAED 1.22M · Oct 2016
1–7 of 19

2305, Merano Tower in numbers

  • Sold once: by DAMAC on 5 March 2017 for AED 1,065,600, or AED 1,592 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 5 March 2017.

Questions about 2305, Merano Tower

What did unit 2305 last sell for?

AED 1,065,600 on 5 March 2017, sold by the developer: AED 1,592 per sqft for 669 sqft. It is the only registered sale of the unit.

How big is unit 2305?

669 sqft (62.2 sqm): a one-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2020.

What is unit 2305 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 2305, Merano Tower

Starts from the last sale price (AED 1.07M, 5 March 2017). 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 →