2403, Merano Tower
Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, Merano Tower
What is 2403 worth today?
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Source: Dubai Land Department. Updated 7 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 670 sqft
- Floor
- 24th of 29
- Parking
- B2-053
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.07M · January 2017
- Building
- Merano Tower
About 2403, Merano Tower
2403 is a one-bedroom apartment of 670 sqft on the 24th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 5 January 2017 for AED 1,065,600, or AED 1,607 per sqft, in line with the AED 1,600 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 7 September 2025, is AED 74,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 12,700 a year.
Sales and rents for 2403 over time
2403 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 2403 sits
All 397 1-beds →2403 last sold in January 2017 at AED 1,607 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,600). 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. 2403's AED 74,000 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 24th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 616 sqft | AED 600KAED 600,000 · Dec 2019December 2019 | 75,000 /yr | |
| 2402 | 1-bed | 670 sqft | AED 980KAED 980,000 · Aug 2024August 2024 | 80,000 /yr | |
| 2405 | 1-bed | 669 sqft | AED 1.1MAED 1,100,000 · Dec 2024December 2024 | 63,000 /yr | |
| 2406 | Studio | 331 sqft | AED 581KAED 581,187 · May 2016May 2016 | 55,000 /yr | |
| 2407 | 1-bed | 668 sqft | AED 730KAED 730,000 · Jul 2022July 2022 | ||
| 2408 | 1-bed | 771 sqft | AED 915KAED 915,000 · Sep 2022September 2022 | 69,000 /yr | |
| 2409 | 1-bed | 644 sqft | AED 1MAED 1,000,000 · Oct 2024October 2024 | 73,000 /yr | |
| 2410 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Aug 2016August 2016 | 62,000 /yr | |
| 2411 | 1-bed | 644 sqft | AED 930KAED 930,000 · Feb 2022February 2022 | 69,000 /yr | |
| 2412 | 1-bed | 644 sqft | AED 891KAED 891,000 · Oct 2021October 2021 | 70,000 /yr | |
| 2413 | 2-bed | 891 sqft | AED 1.43MAED 1,430,000 · Feb 2026February 2026 | 120,000 /yr | |
| 2414 | 2-bed | 956 sqft | AED 1.51MAED 1,509,000 · Apr 2017April 2017 | ||
| 2415 | 2-bed | 993 sqft | AED 1.6MAED 1,600,000 · Aug 2025August 2025 | ||
| 2416 | 1-bed | 664 sqft | AED 1.15MAED 1,145,000 · Dec 2022December 2022 | 70,000 /yr | |
| 2417 | 3-bed | 1,455 sqft | AED 2.31MAED 2,309,000 · Apr 2017April 2017 | 125,000 /yr | |
| 2418 | 1-bed | 668 sqft | AED 1.08MAED 1,078,400 · Aug 2016August 2016 | 82,000 /yr | |
| 2419 | 1-bed | 668 sqft | AED 1.07MAED 1,065,600 · Nov 2017November 2017 | 75,000 /yr | |
| 2420 | Studio | 334 sqft | AED 700KAED 700,000 · May 2024May 2024 | 52,000 /yr |
2403, Merano Tower in numbers
- Sold once: by DAMAC on 5 January 2017 for AED 1,065,600, or AED 1,607 per sqft.
- Rented since August 2021 on 5 Ejari contracts, from AED 50,000 to AED 74,000 a year.
- At AED 74,000 a year the gross yield on the 2017 price is 6.9%, 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 7 September 2025.
Questions about 2403, Merano Tower
What did unit 2403 last sell for?
AED 1,065,600 on 5 January 2017, sold by the developer: AED 1,607 per sqft for 670 sqft. It is the only registered sale of the unit.
What is the rent for unit 2403?
AED 74,000 a year on the contract signed on 7 September 2025. The previous contract, from September 2024, was AED 74,000; the unit has been rented since August 2021.
How big is unit 2403?
670 sqft (62.2 sqm): a one-bedroom apartment on the 24th floor of a 29-storey tower completed in 2020.
What is unit 2403 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 2403, Merano Tower
Starts from the last sale price (AED 1.07M, 5 January 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 →