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

2419, Merano Tower

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2419 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 1.07M23 November 2017
Current rentAED 75K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2419, Merano Tower

What is 2419 worth today?

Last sold for AED 1,065,600 in 2017

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25 Mar 2026RentedRenewal
AED 75,000/yr12 months · AED 112 per sqft
25 Mar 2025RentedNew contract
AED 75,000/yr12 months · AED 112 per sqft
14 Dec 2023RentedNew contract
AED 90,000/yr12 months · AED 135 per sqft
20 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
23 Nov 2017Sold by developerOff-plan
AED 1,065,600AED 1,594 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
24th of 29
Parking
B2-063
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.07M · November 2017
Building
Merano Tower

About 2419, Merano Tower

2419 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 23 November 2017 for AED 1,065,600, or AED 1,594 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 75,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2419 over time

Sales
Unit 2419, 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, November 2017: AED 1,065,600 (AED 1,594 per sqft)

2419 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2419, each contractTypical one-bed in Merano Tower
50K75K2020202220242026Typical 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, November 2020: AED 45,000 a yearNew contract, December 2023: AED 90,000 a yearNew contract, March 2025: AED 75,000 a yearRenewal, March 2026: AED 75,000 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 2419 sits

All 397 1-beds →

2419 last sold in November 2017 at AED 1,594 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,599). 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. 2419's AED 75,000 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

2419, Merano Tower in numbers

  • Sold once: by DAMAC on 23 November 2017 for AED 1,065,600, or AED 1,594 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 45,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 7.0%, 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 25 March 2026.

Questions about 2419, Merano Tower

What did unit 2419 last sell for?

AED 1,065,600 on 23 November 2017, sold by the developer: AED 1,594 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 2419?

AED 75,000 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 75,000; the unit has been rented since November 2020.

How big is unit 2419?

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

What is unit 2419 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 2419, Merano Tower

Starts from the last sale price (AED 1.07M, 23 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,600
Deposit, UAE resident (20%)
AED 213,120
Deposit, non-resident (40%)
AED 426,240
Monthly over 25 years at 3.7%
AED 4,360

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