1-bed · 644 sqftMerano Tower, Business Bay · 24th floor · completed 2020

2412, Merano Tower

Sold prices and rental history: sold once, by the developer in October 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2412 · DLD and Ejari recordsUpdated 30 September 2026
Last soldAED 891K11 October 2021
Current rentAED 70K /yr30 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2412, Merano Tower

What is 2412 worth today?

Last sold for AED 891,000 in 2021

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30 Sep 2026RentedNew contract
AED 70,000/yr12 months · AED 109 per sqft
7 Dec 2025RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
21 Apr 2025RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
21 Apr 2025RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
24 Aug 2024RentedNew contract
AED 79,000/yr12 months · AED 122 per sqft
23 Jun 2023RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
25 Apr 2022RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
11 Oct 2021Sold by developerReady
AED 891,000AED 1,383 per sqft

Source: Dubai Land Department. Updated 30 September 2026.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
24th of 29
Parking
B2-060
Developer
DAMAC
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 891K · October 2021
Building
Merano Tower

About 2412, Merano Tower

2412 is a one-bedroom apartment of 644 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 11 October 2021 for AED 891,000, or AED 1,383 per sqft, 15% above the AED 1,200 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 30 September 2026, is AED 70,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 12,200 a year.

Sales and rents for 2412 over time

Sales
Unit 2412, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical 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, October 2021: AED 891,000 (AED 1,383 per sqft)

2412 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2412, 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, April 2022: AED 65,000 a yearNew contract, June 2023: AED 65,000 a yearNew contract, August 2024: AED 79,000 a yearNew contract, April 2025: AED 80,000 a yearNew contract, April 2025: AED 80,000 a yearNew contract, December 2025: AED 80,000 a yearNew contract, September 2026: AED 70,000 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 2412 sits

All 397 1-beds →

2412 last sold in October 2021 at AED 1,383 per sqft, 15% above what one-beds in Merano Tower were fetching at the time (AED 1,200). 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. 2412's AED 70,000 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
24011-bedAED 600K · Dec 2019
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
1–7 of 18

2412, Merano Tower in numbers

  • Sold once: by DAMAC on 11 October 2021 for AED 891,000, or AED 1,383 per sqft.
  • Rented since April 2022 on 7 Ejari contracts, from AED 65,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 12,200 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 30 September 2026.

Questions about 2412, Merano Tower

What did unit 2412 last sell for?

AED 891,000 on 11 October 2021, sold by the developer: AED 1,383 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 2412?

AED 70,000 a year on the contract signed on 30 September 2026. The previous contract, from December 2025, was AED 80,000; the unit has been rented since April 2022.

How big is unit 2412?

644 sqft (59.8 sqm): a one-bedroom apartment on the 24th floor of a 29-storey tower completed in 2020.

What is unit 2412 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 2412, Merano Tower

Starts from the last sale price (AED 891K, 11 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 891,000
Deposit, UAE resident (20%)
AED 178,200
Deposit, non-resident (40%)
AED 356,400
Monthly over 25 years at 3.7%
AED 3,645

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