2420, Merano Tower
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2420, Merano Tower
What is 2420 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 14 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 24th of 29
- Parking
- B4-007
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 700K · May 2024
- Building
- Merano Tower
About 2420, Merano Tower
2420 is a studio of 334 sqft on the 24th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 27 May 2024 for AED 700,000, or AED 2,094 per sqft, 7% above the AED 1,948 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 14 September 2026, is AED 52,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 6,400 a year.
Sales and rents for 2420 over time
2420 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Merano Tower, and where 2420 sits
All 82 studios →2420 last sold in May 2024 at AED 2,094 per sqft, 7% above what studios in Merano Tower were fetching at the time (AED 1,948). 2420's AED 52,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
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 | ||
| 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, Merano Tower in numbers
- Sold 3 times: first on 9 April 2017 for AED 602,000, last on 27 May 2024 for AED 700,000 (AED 2,094 per sqft).
- Rented since August 2023 on 4 Ejari contracts, from AED 62,332 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 14 September 2026.
Questions about 2420, Merano Tower
What did unit 2420 last sell for?
AED 700,000 on 27 May 2024: AED 2,094 per sqft for 334 sqft. The unit has 3 registered sales; the first was AED 602,000 in April 2017.
What is the rent for unit 2420?
AED 52,000 a year on the contract signed on 14 September 2026. The previous contract, from August 2025, was AED 60,000; the unit has been rented since August 2023.
How big is unit 2420?
334 sqft (31.0 sqm): a studio on the 24th floor of a 29-storey tower completed in 2020.
What is unit 2420 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 2420? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2420, Merano Tower
Starts from the last sale price (AED 700K, 27 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →