1-bed · 668 sqftMerano Tower, Business Bay · 23rd floor · completed 2020

2307, Merano Tower

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2307 · DLD and Ejari recordsUpdated 4 May 2026
Last soldAED 1.06M25 May 2017
Current rentAED 75K /yr4 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2307, Merano Tower

What is 2307 worth today?

Last sold for AED 1,061,000 in 2017

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4 May 2026RentedRenewal
AED 75,000/yr15 months · AED 112 per sqft
4 May 2025RentedRenewal
AED 67,000/yr12 months · AED 100 per sqft
4 May 2025RentedRenewal
AED 67,000/yr12 months · AED 100 per sqft
4 May 2024RentedRenewal
AED 67,000/yr12 months · AED 100 per sqft
4 May 2023RentedNew contract
AED 63,000/yr12 months · AED 94 per sqft
15 Aug 2022RentedNew contract
AED 58,000/yr12 months · AED 87 per sqft
7 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 67 per sqft
7 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 4 May 2026.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
23rd of 29
Parking
B2-042
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.06M · May 2017
Building
Merano Tower

About 2307, Merano Tower

2307 is a one-bedroom apartment of 668 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 25 May 2017 for AED 1,061,000, or AED 1,588 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 4 May 2026, is AED 75,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2307 over time

Sales
Unit 2307, 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, May 2017: AED 1,061,000 (AED 1,588 per sqft)

2307 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2307, 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, August 2020: AED 45,000 a yearRenewal, August 2021: AED 45,000 a yearNew contract, August 2022: AED 58,000 a yearNew contract, May 2023: AED 63,000 a yearRenewal, May 2024: AED 67,000 a yearRenewal, May 2025: AED 67,000 a yearRenewal, May 2025: AED 67,000 a yearRenewal, May 2026: AED 75,000 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 2307 sits

All 397 1-beds →

2307 last sold in May 2017 at AED 1,588 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. 2307's AED 75,000 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
23011-bedAED 400K · Jan 2023
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
23081-bedAED 1.22M · Oct 2016
1–7 of 19

2307, Merano Tower in numbers

  • Sold once: by DAMAC on 25 May 2017 for AED 1,061,000, or AED 1,588 per sqft.
  • Rented since August 2020 on 8 Ejari contracts, from AED 45,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 12,700 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 4 May 2026.

Questions about 2307, Merano Tower

What did unit 2307 last sell for?

AED 1,061,000 on 25 May 2017, sold by the developer: AED 1,588 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 2307?

AED 75,000 a year on the contract renewed on 4 May 2026. The previous contract, from May 2025, was AED 67,000; the unit has been rented since August 2020.

How big is unit 2307?

668 sqft (62.1 sqm): a one-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2020.

What is unit 2307 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 2307, Merano Tower

Starts from the last sale price (AED 1.06M, 25 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,061,000
Deposit, UAE resident (20%)
AED 212,200
Deposit, non-resident (40%)
AED 424,400
Monthly over 25 years at 3.7%
AED 4,341

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