1-bed · 635 sqftMerano Tower, Business Bay · 23rd floor · completed 2020

2312, Merano Tower

Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2312 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 1.05M25 March 2019
Current rentAED 72K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2312, Merano Tower

What is 2312 worth today?

Last sold for AED 1,053,000 in 2019

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15 Sep 2025RentedNew contract
AED 72,000/yr12 months · AED 111 per sqft
15 Sep 2024RentedNew contract
AED 72,000/yr12 months · AED 112 per sqft
27 Aug 2023RentedRenewal
AED 57,000/yr12 months · AED 89 per sqft
27 Aug 2022RentedRenewal
AED 51,750/yr12 months · AED 80 per sqft
27 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 70 per sqft
27 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft
25 Mar 2019Sold by developerOff-plan
AED 1,053,000AED 1,658 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
23rd of 29
Parking
B2-047
Developer
DAMAC
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 1.05M · March 2019
Building
Merano Tower

About 2312, Merano Tower

2312 is a one-bedroom apartment of 635 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 March 2019 for AED 1,053,000, or AED 1,658 per sqft, 3% above the AED 1,606 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 15 September 2025, is AED 72,000 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 12,100 a year.

Sales and rents for 2312 over time

Sales
Unit 2312, 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 2019: AED 1,053,000 (AED 1,658 per sqft)

2312 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2312, 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 yearRenewal, August 2022: AED 51,750 a yearRenewal, August 2023: AED 57,000 a yearNew contract, September 2024: AED 72,000 a yearNew contract, September 2025: AED 72,000 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 2312 sits

All 397 1-beds →

2312 last sold in March 2019 at AED 1,658 per sqft, 3% above what one-beds in Merano Tower were fetching at the time (AED 1,606). 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. 2312's AED 72,000 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
23071-bedAED 1.06M · May 2017
1–7 of 19

2312, Merano Tower in numbers

  • Sold once: by DAMAC on 25 March 2019 for AED 1,053,000, or AED 1,658 per sqft.
  • Rented since August 2020 on 6 Ejari contracts, from AED 45,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2019 price is 6.8%, before a service charge of about AED 12,100 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 15 September 2025.

Questions about 2312, Merano Tower

What did unit 2312 last sell for?

AED 1,053,000 on 25 March 2019, sold by the developer: AED 1,658 per sqft for 635 sqft. It is the only registered sale of the unit.

What is the rent for unit 2312?

AED 72,000 a year on the contract signed on 15 September 2025. The previous contract, from September 2024, was AED 72,000; the unit has been rented since August 2020.

How big is unit 2312?

635 sqft (59.0 sqm): a one-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2020.

What is unit 2312 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 2312, Merano Tower

Starts from the last sale price (AED 1.05M, 25 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,053,000
Deposit, UAE resident (20%)
AED 210,600
Deposit, non-resident (40%)
AED 421,200
Monthly over 25 years at 3.7%
AED 4,308

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