2408, Merano Tower
Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2408, Merano Tower
What is 2408 worth today?
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Source: Dubai Land Department. Updated 12 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 771 sqft
- Floor
- 24th of 29
- Parking
- B2-056
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 14,700 /yr
- Last sold
- AED 915K · September 2022
- Building
- Merano Tower
About 2408, Merano Tower
2408 is a one-bedroom apartment of 771 sqft on the 24th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 16 September 2022 for AED 915,000, or AED 1,186 per sqft, 14% below the AED 1,383 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 11 Ejari contracts. The current contract, signed on 12 August 2026, is AED 69,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 14,700 a year.
Sales and rents for 2408 over time
2408 has sold 3 times; 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 2408 sits
All 397 1-beds →2408 last sold in September 2022 at AED 1,186 per sqft, 14% 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. 2408's AED 69,000 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 | |
| 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 | |
| 2407 | 1-bed | 668 sqft | AED 730KAED 730,000 · Jul 2022July 2022 | ||
| 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 |
2408, Merano Tower in numbers
- Sold 3 times: first on 12 July 2016 for AED 1,217,600, last on 16 September 2022 for AED 915,000 (AED 1,186 per sqft).
- Rented since September 2022 on 11 Ejari contracts, from AED 69,806 to AED 69,000 a year.
- At AED 69,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 14,700 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 12 August 2026.
Questions about 2408, Merano Tower
What did unit 2408 last sell for?
AED 915,000 on 16 September 2022: AED 1,186 per sqft for 771 sqft. The unit has 3 registered sales; the first was AED 1,217,600 in July 2016.
What is the rent for unit 2408?
AED 69,000 a year on the contract signed on 12 August 2026. The previous contract, from July 2026, was AED 85,000; the unit has been rented since September 2022.
How big is unit 2408?
771 sqft (71.6 sqm): a one-bedroom apartment on the 24th floor of a 29-storey tower completed in 2020.
What is unit 2408 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 2408, Merano Tower
Starts from the last sale price (AED 915K, 16 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 915,000
- Deposit, UAE resident (20%)
- AED 183,000
- Deposit, non-resident (40%)
- AED 366,000
- Monthly over 25 years at 3.7%
- AED 3,744
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →