1-bed · 616 sqftMerano Tower, Business Bay · 24th floor · completed 2020

2401, Merano Tower

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

Unit 2401 · DLD and Ejari recordsUpdated 16 February 2026
Last soldAED 600K9 December 2019
Current rentAED 75K /yr16 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Merano Tower

What is 2401 worth today?

Last sold for AED 600,000 in 2019

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16 Feb 2026RentedRenewal
AED 75,000/yr12 months · AED 122 per sqft
16 Feb 2025RentedNew contract
AED 75,000/yr12 months · AED 122 per sqft
16 Feb 2025RentedNew contract
AED 75,000/yr12 months · AED 122 per sqft
10 Jan 2024RentedRenewal
AED 66,500/yr12 months · AED 108 per sqft
10 Jan 2023RentedNew contract
AED 66,500/yr12 months · AED 108 per sqft
10 Nov 2021RentedNew contract
AED 58,000/yr12 months · AED 95 per sqft
1 Sep 2020RentedNew contract
AED 46,000/yr12 months · AED 75 per sqft
9 Dec 2019SoldOff-plan
AED 600,000AED 973 per sqft

Source: Dubai Land Department. Updated 16 February 2026.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
24th of 29
Parking
B2-051
Developer
DAMAC
Completed
2020
Service charge
AED 11,700 /yr
Last sold
AED 600K · December 2019
Building
Merano Tower

About 2401, Merano Tower

2401 is a one-bedroom apartment of 616 sqft on the 24th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 9 December 2019 for AED 600,000, or AED 973 per sqft, 40% below the AED 1,633 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 16 February 2026, is AED 75,000 a year: a gross yield of 12.5% on the 2019 price, before the service charge of about AED 11,700 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical one-bed in Merano Tower
750K1M2016201920222025Typical 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, January 2017: AED 965,000 (AED 1,565 per sqft)Sold, December 2019: AED 600,000 (AED 973 per sqft)

2401 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2401, 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, September 2020: AED 46,000 a yearNew contract, November 2021: AED 58,000 a yearNew contract, January 2023: AED 66,500 a yearRenewal, January 2024: AED 66,500 a yearNew contract, February 2025: AED 75,000 a yearNew contract, February 2025: AED 75,000 a yearRenewal, February 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 2401 sits

All 397 1-beds →

2401 last sold in December 2019 at AED 973 per sqft, 40% below what one-beds in Merano Tower were fetching at the time (AED 1,633). 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. 2401'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 24th floor

All 574 units in Merano Tower
Value
24021-bedAED 980K · Aug 2024
24031-bedAED 1.07M · Jan 2017
24051-bedAED 1.1M · Dec 2024
2406StudioAED 581K · May 2016
24071-bedAED 730K · Jul 2022
24081-bedAED 915K · Sep 2022
24091-bedAED 1M · Oct 2024
1–7 of 18

2401, Merano Tower in numbers

  • Sold twice: first on 26 January 2017 for AED 965,000, last on 9 December 2019 for AED 600,000 (AED 973 per sqft).
  • Rented since September 2020 on 7 Ejari contracts, from AED 46,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 12.5%, before a service charge of about AED 11,700 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 16 February 2026.

Questions about 2401, Merano Tower

What did unit 2401 last sell for?

AED 600,000 on 9 December 2019: AED 973 per sqft for 616 sqft. The unit has 2 registered sales; the first was AED 965,000 in January 2017.

What is the rent for unit 2401?

AED 75,000 a year on the contract renewed on 16 February 2026. The previous contract, from February 2025, was AED 75,000; the unit has been rented since September 2020.

How big is unit 2401?

616 sqft (57.2 sqm): a one-bedroom apartment on the 24th floor of a 29-storey tower completed in 2020.

What is unit 2401 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 2401, Merano Tower

Starts from the last sale price (AED 600K, 9 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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