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

2418, Merano Tower

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2418 · DLD and Ejari recordsUpdated 7 November 2025
Last soldAED 1.08M3 August 2016
Current rentAED 82K /yr7 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2418, Merano Tower

What is 2418 worth today?

Last sold for AED 1,078,400 in 2016

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7 Nov 2025RentedNew contract
AED 82,000/yr12 months · AED 123 per sqft
4 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
4 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
4 Dec 2023RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
3 Sep 2023RentedRenewal
AED 66,000/yr3 months · AED 99 per sqft
3 Mar 2023RentedRenewal
AED 63,000/yr6 months · AED 94 per sqft
3 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
25 Feb 2021RentedNew contract
AED 46,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 7 November 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
24th of 29
Parking
B2-062
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.08M · August 2016
Building
Merano Tower

About 2418, Merano Tower

2418 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. The developer sold it on 3 August 2016 for AED 1,078,400, or AED 1,615 per sqft, in line with the AED 1,607 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 7 November 2025, is AED 82,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2418 over time

Sales
Unit 2418, 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, August 2016: AED 1,078,400 (AED 1,615 per sqft)

2418 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2418, 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, February 2021: AED 46,000 a yearNew contract, March 2022: AED 60,000 a yearRenewal, March 2023: AED 63,000 a yearRenewal, September 2023: AED 66,000 a yearNew contract, December 2023: AED 80,000 a yearNew contract, December 2024: AED 85,000 a yearNew contract, December 2024: AED 85,000 a yearNew contract, November 2025: AED 82,000 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 2418 sits

All 397 1-beds →

2418 last sold in August 2016 at AED 1,615 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,607). 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. 2418's AED 82,000 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

2418, Merano Tower in numbers

  • Sold once: by DAMAC on 3 August 2016 for AED 1,078,400, or AED 1,615 per sqft.
  • Rented since February 2021 on 8 Ejari contracts, from AED 46,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2016 price is 7.6%, 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 November 2025.

Questions about 2418, Merano Tower

What did unit 2418 last sell for?

AED 1,078,400 on 3 August 2016, sold by the developer: AED 1,615 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 2418?

AED 82,000 a year on the contract signed on 7 November 2025. The previous contract, from December 2024, was AED 85,000; the unit has been rented since February 2021.

How big is unit 2418?

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

What is unit 2418 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 2418, Merano Tower

Starts from the last sale price (AED 1.08M, 3 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,078,400
Deposit, UAE resident (20%)
AED 215,680
Deposit, non-resident (40%)
AED 431,360
Monthly over 25 years at 3.7%
AED 4,412

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