1-bed · 668 sqftMerano Tower, Business Bay · 24th floor · completed 2020

2407, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2407 · DLD and Ejari recordsUpdated 26 July 2022

Last soldAED 730K26 July 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2407, Merano Tower

Today

What is 2407 worth today?

Last sold for AED 730,000 in 2022

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26 Jul 2022

26 Jul 2022SoldReady

AED 730,000AED 1,092 per sqft

21 Feb 2022

21 Feb 2022Sold by developerReady

AED 926,100AED 1,386 per sqft

Source: Dubai Land Department. Updated 26 July 2022.

Key facts

Type: 1-bed apartment
Size: 668 sqft
Floor: 24th of 29
Parking: B2-055
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 730K · July 2022
Building: Merano Tower

About 2407, Merano Tower

2407 is a one-bedroom apartment of 668 sqft on the 24th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 26 July 2022 for AED 730,000, or AED 1,092 per sqft, 21% below the AED 1,383 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2407 over time

Sales

Unit 2407, each saleTypical one-bed in Merano Tower

2407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2407, each contractTypical one-bed in Merano Tower

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 2407 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

2407 last sold in July 2022 at AED 1,092 per sqft, 21% below what one-beds in Merano Tower were fetching at the time (AED 1,383). 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.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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


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
2406	Studio	331 sqft	AED 581KAED 581,187 · May 2016May 2016	55,000 /yr
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

1–7 of 18

2407, Merano Tower in numbers

Sold twice: first on 21 February 2022 for AED 926,100, last on 26 July 2022 for AED 730,000 (AED 1,092 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 26 July 2022.

Questions about 2407, Merano Tower

What did unit 2407 last sell for?

AED 730,000 on 26 July 2022: AED 1,092 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 926,100 in February 2022.

How big is unit 2407?

668 sqft (62.1 sqm): a one-bedroom apartment on the 24th floor of a 29-storey tower completed in 2020.

What is unit 2407 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 2407, Merano Tower

Starts from the last sale price (AED 730K, 26 July 2022). Switch to today's estimate once you have unlocked it.

Price: AED 730,000
Deposit, UAE resident (20%): AED 146,000
Deposit, non-resident (40%): AED 292,000
Monthly over 25 years at 3.7%: AED 2,987

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