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1-bed · 670 sqftMerano Tower, Business Bay · 26th floor · completed 2020

2603, Merano Tower

Sold prices and rental history: sold 3 times, last in September 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 1M28 September 2026
Current rentAED 78K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2603, Merano Tower

What is 2603 worth today?

Last sold for AED 1,000,000 in 2026

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28 Sep 2026SoldReady
AED 1,000,000AED 1,492 per sqft
1 Aug 2026RentedRenewal
AED 78,000/yr12 months · AED 117 per sqft
3 Jul 2026SoldReady
AED 924,900AED 1,380 per sqft
1 Aug 2025RentedNew contract
AED 75,000/yr12 months · AED 112 per sqft
20 Dec 2017Sold by developerOff-plan
AED 1,083,000AED 1,633 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
26th of 29
Parking
B2-079
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1M · September 2026
Building
Merano Tower

About 2603, Merano Tower

2603 is a one-bedroom apartment of 670 sqft on the 26th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 28 September 2026 for AED 1,000,000, or AED 1,492 per sqft, 5% below the AED 1,569 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 78,000 a year: a gross yield of 7.8% on the 2026 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, December 2017: AED 1,083,000 (AED 1,633 per sqft)Sold, July 2026: AED 924,900 (AED 1,380 per sqft)Sold, September 2026: AED 1,000,000 (AED 1,492 per sqft)

2603 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, 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, August 2025: AED 75,000 a yearRenewal, August 2026: AED 78,000 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 2603 sits

All 397 1-beds →

2603 last sold in September 2026 at AED 1,492 per sqft, 5% below what one-beds in Merano Tower were fetching at the time (AED 1,569). 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. 2603's AED 78,000 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
18 Sep 2026990,000
9 Sep 20261,100,000
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 26th floor

All 574 units in Merano Tower
Value
26011-bedAED 1M · Feb 2018
26021-bedAED 1.16M · Apr 2024
2604StudioAED 716K · Aug 2017
26051-bedAED 1.08M · Nov 2017
2606StudioAED 760K · Nov 2024
26071-bedAED 1.25M · Mar 2025
26081-bedAED 1.28M · Aug 2018
1–7 of 20

2603, Merano Tower in numbers

  • Sold 3 times: first on 20 December 2017 for AED 1,083,000, last on 28 September 2026 for AED 1,000,000 (AED 1,492 per sqft).
  • Rented since August 2025 on 2 Ejari contracts, from AED 75,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2026 price is 7.8%, 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 28 September 2026.

Questions about 2603, Merano Tower

What did unit 2603 last sell for?

AED 1,000,000 on 28 September 2026: AED 1,492 per sqft for 670 sqft. The unit has 3 registered sales; the first was AED 1,083,000 in December 2017.

What is the rent for unit 2603?

AED 78,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 75,000.

How big is unit 2603?

670 sqft (62.2 sqm): a one-bedroom apartment on the 26th floor of a 29-storey tower completed in 2020.

What is unit 2603 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 2603, Merano Tower

Starts from the last sale price (AED 1M, 28 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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