2616, Merano Tower
Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2616, Merano Tower
What is 2616 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 657 sqft
- Floor
- 26th of 29
- Parking
- B2-087
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,500 /yr
- Last sold
- AED 1.07M · October 2017
- Building
- Merano Tower
About 2616, Merano Tower
2616 is a one-bedroom apartment of 657 sqft on the 26th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 4 October 2017 for AED 1,074,000, or AED 1,635 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 5 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 74,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 12,500 a year.
Sales and rents for 2616 over time
2616 has sold once; the dashed line is the one-bed median of each year in the building.
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 2616 sits
All 397 1-beds →2616 last sold in October 2017 at AED 1,635 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. 2616's AED 74,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 668 sqft | 1,040,000 | 1,556 | ||
| 28 Sep 202628 September 2026 | 670 sqft | 1,000,000 | 1,492 | ||
| 28 Sep 202628 September 2026 | 668 sqft | 1,000,000 | 1,497 | ||
| 18 Sep 202618 September 2026 | 668 sqft | 990,000 | 1,482 |
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 26th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 1-bed | 616 sqft | AED 1MAED 1,002,000 · Feb 2018February 2018 | ||
| 2602 | 1-bed | 670 sqft | AED 1.16MAED 1,160,000 · Apr 2024April 2024 | 76,000 /yr | |
| 2603 | 1-bed | 670 sqft | AED 1MAED 1,000,000 · Sep 2026September 2026 | 78,000 /yr | |
| 2604 | Studio | 398 sqft | AED 716KAED 716,000 · Aug 2017August 2017 | 54,000 /yr | |
| 2605 | 1-bed | 669 sqft | AED 1.08MAED 1,083,000 · Nov 2017November 2017 | 77,000 /yr | |
| 2606 | Studio | 331 sqft | AED 760KAED 760,000 · Nov 2024November 2024 | 60,000 /yr | |
| 2607 | 1-bed | 668 sqft | AED 1.25MAED 1,250,000 · Mar 2025March 2025 | 72,000 /yr | |
| 2608 | 1-bed | 771 sqft | AED 1.28MAED 1,281,000 · Aug 2018August 2018 | 77,000 /yr | |
| 2609 | 1-bed | 644 sqft | AED 880KAED 880,000 · Jul 2025July 2025 | 85,000 /yr | |
| 2610 | 1-bed | 644 sqft | AED 1.04MAED 1,039,000 · May 2018May 2018 | 80,000 /yr | |
| 2611 | 1-bed | 644 sqft | AED 1.11MAED 1,109,360 · Nov 2022November 2022 | 83,000 /yr | |
| 2612 | 1-bed | 644 sqft | AED 930KAED 930,000 · Oct 2022October 2022 | 75,000 /yr | |
| 2613 | 2-bed | 891 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | 115,000 /yr | |
| 2614 | 2-bed | 956 sqft | AED 1.54MAED 1,538,000 · Jan 2019January 2019 | 110,000 /yr | |
| 2615 | 2-bed | 993 sqft | AED 1.38MAED 1,375,000 · Oct 2022October 2022 | 95,000 /yr | |
| 2617 | 1-bed | 668 sqft | AED 982KAED 982,000 · Feb 2022February 2022 | 85,000 /yr | |
| 2618 | 1-bed | 668 sqft | AED 1.1MAED 1,100,000 · Oct 2019October 2019 | 70,000 /yr | |
| 2619 | 1-bed | 668 sqft | AED 1.09MAED 1,085,000 · Nov 2017November 2017 | 75,000 /yr | |
| 2620 | Studio | 334 sqft | AED 700KAED 700,000 · May 2024May 2024 | 58,000 /yr | |
| 2617A | 1-bed | 753 sqft | AED 1.1MAED 1,100,000 · Aug 2026August 2026 | 85,000 /yr |
2616, Merano Tower in numbers
- Sold once: by DAMAC on 4 October 2017 for AED 1,074,000, or AED 1,635 per sqft.
- Rented since September 2020 on 5 Ejari contracts, from AED 45,000 to AED 74,000 a year.
- At AED 74,000 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 12,500 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 1 October 2024.
Questions about 2616, Merano Tower
What did unit 2616 last sell for?
AED 1,074,000 on 4 October 2017, sold by the developer: AED 1,635 per sqft for 657 sqft. It is the only registered sale of the unit.
What is the rent for unit 2616?
AED 74,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 63,000; the unit has been rented since September 2020.
How big is unit 2616?
657 sqft (61.0 sqm): a one-bedroom apartment on the 26th floor of a 29-storey tower completed in 2020.
What is unit 2616 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 2616, Merano Tower
Starts from the last sale price (AED 1.07M, 4 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,074,000
- Deposit, UAE resident (20%)
- AED 214,800
- Deposit, non-resident (40%)
- AED 429,600
- Monthly over 25 years at 3.7%
- AED 4,394
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →