2406, Merano Tower
Sold prices and rental history: sold once, by the developer in May 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 2406, Merano Tower
What is 2406 worth today?
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Source: Dubai Land Department. Updated 5 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 331 sqft
- Floor
- 24th of 29
- Parking
- B4-006
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,300 /yr
- Last sold
- AED 581K · May 2016
- Building
- Merano Tower
About 2406, Merano Tower
2406 is a studio of 331 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 26 May 2016 for AED 581,187, or AED 1,755 per sqft.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 5 August 2026, is AED 55,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 6,300 a year.
Sales and rents for 2406 over time
2406 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Merano Tower, and where 2406 sits
All 82 studios →2406's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
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 | |
| 2403 | 1-bed | 670 sqft | AED 1.07MAED 1,065,600 · Jan 2017January 2017 | 74,000 /yr | |
| 2405 | 1-bed | 669 sqft | AED 1.1MAED 1,100,000 · Dec 2024December 2024 | 63,000 /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 |
2406, Merano Tower in numbers
- Sold once: by DAMAC on 26 May 2016 for AED 581,187, or AED 1,755 per sqft.
- Rented since December 2020 on 6 Ejari contracts, from AED 35,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 6,300 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 5 August 2026.
Questions about 2406, Merano Tower
What did unit 2406 last sell for?
AED 581,187 on 26 May 2016, sold by the developer: AED 1,755 per sqft for 331 sqft. It is the only registered sale of the unit.
What is the rent for unit 2406?
AED 55,000 a year on the contract signed on 5 August 2026. The previous contract, from July 2025, was AED 55,000; the unit has been rented since December 2020.
How big is unit 2406?
331 sqft (30.8 sqm): a studio on the 24th floor of a 29-storey tower completed in 2020.
What is unit 2406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2406, Merano Tower
Starts from the last sale price (AED 581K, 26 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 581,187
- Deposit, UAE resident (20%)
- AED 116,237
- Deposit, non-resident (40%)
- AED 232,475
- Monthly over 25 years at 3.7%
- AED 2,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →