2308, Merano Tower
Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2308, Merano Tower
What is 2308 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 771 sqft
- Floor
- 23rd of 29
- Parking
- B2-043
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.22M · October 2016
- Building
- Merano Tower
About 2308, Merano Tower
2308 is a one-bedroom apartment of 771 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 9 October 2016 for AED 1,217,600, or AED 1,578 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 2020 on 8 Ejari contracts. The current contract, signed on 1 September 2026, is AED 68,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 14,700 a year.
Sales and rents for 2308 over time
2308 has sold once; the dashed line is the one-bed median of each year in the building.
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 2308 sits
All 397 1-beds →2308 last sold in October 2016 at AED 1,578 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. 2308's AED 68,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |
| 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 | |
| 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 |
2308, Merano Tower in numbers
- Sold once: by DAMAC on 9 October 2016 for AED 1,217,600, or AED 1,578 per sqft.
- Rented since September 2020 on 8 Ejari contracts, from AED 55,000 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 14,700 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 1 September 2026.
Questions about 2308, Merano Tower
What did unit 2308 last sell for?
AED 1,217,600 on 9 October 2016, sold by the developer: AED 1,578 per sqft for 771 sqft. It is the only registered sale of the unit.
What is the rent for unit 2308?
AED 68,000 a year on the contract signed on 1 September 2026. The previous contract, from September 2025, was AED 63,525; the unit has been rented since September 2020.
How big is unit 2308?
771 sqft (71.6 sqm): a one-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2020.
What is unit 2308 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 2308, Merano Tower
Starts from the last sale price (AED 1.22M, 9 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,217,600
- Deposit, UAE resident (20%)
- AED 243,520
- Deposit, non-resident (40%)
- AED 487,040
- Monthly over 25 years at 3.7%
- AED 4,982
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →