Studio · 334 sqftMerano Tower, Business Bay · 26th floor · completed 2020

2620, Merano Tower

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2620 · DLD and Ejari recordsUpdated 24 July 2026
Last soldAED 700K8 May 2024
Current rentAED 58K /yr24 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2620, Merano Tower

What is 2620 worth today?

Last sold for AED 700,000 in 2024

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24 Jul 2026RentedRenewal
AED 58,000/yr12 months · AED 174 per sqft
24 Jul 2025RentedNew contract
AED 58,000/yr12 months · AED 174 per sqft
22 Nov 2024RentedNew contract
AED 62,000/yr12 months · AED 186 per sqft
8 May 2024SoldReady
AED 700,000AED 2,094 per sqft
1 Oct 2023RentedNew contract
AED 55,000/yr12 months · AED 165 per sqft
4 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 165 per sqft
8 Nov 2021RentedNew contract
AED 45,000/yr12 months · AED 135 per sqft
7 Mar 2019Sold by developerOff-plan
AED 602,000AED 1,801 per sqft

Source: Dubai Land Department. Updated 24 July 2026.

Key facts

Type
Studio apartment
Size
334 sqft
Floor
26th of 29
Parking
nan
Developer
DAMAC
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 700K · May 2024
Building
Merano Tower

About 2620, Merano Tower

2620 is a studio of 334 sqft on the 26th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 8 May 2024 for AED 700,000, or AED 2,094 per sqft, 7% above the AED 1,963 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 24 July 2026, is AED 58,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 6,400 a year.

Sales and rents for 2620 over time

Sales
Unit 2620, each saleTypical studio in Merano Tower
600K2016201920222025Typical sale price by year: 2016 AED 569,088; 2017 AED 597,500; 2018 AED 592,000; 2019 AED 602,000; 2020 AED 537,000; 2021 AED 510,090; 2022 AED 550,000; 2023 AED 640,000; 2024 AED 715,000; 2025 AED 750,000Sold by developer, March 2019: AED 602,000 (AED 1,801 per sqft)Sold, May 2024: AED 700,000 (AED 2,094 per sqft)

2620 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2620, each contractTypical studio in Merano Tower
40K60K2020202220242026Typical rent by year: 2020 AED 34,500; 2021 AED 35,000; 2022 AED 43,850; 2023 AED 54,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 56,600New contract, November 2021: AED 45,000 a yearNew contract, November 2022: AED 55,000 a yearNew contract, October 2023: AED 55,000 a yearNew contract, November 2024: AED 62,000 a yearNew contract, July 2025: AED 58,000 a yearRenewal, July 2026: AED 58,000 a year

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 2620 sits

All 82 studios →

2620 last sold in May 2024 at AED 2,094 per sqft, 7% above what studios in Merano Tower were fetching at the time (AED 1,963). 2620's AED 58,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2025532,000
19 Sep 2025584,259
8 Sep 2025800,000
10 Jun 2025790,000
0 studio 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
26031-bedAED 1M · Sep 2026
2604StudioAED 716K · Aug 2017
26051-bedAED 1.08M · Nov 2017
2606StudioAED 760K · Nov 2024
26071-bedAED 1.25M · Mar 2025
1–7 of 20

2620, Merano Tower in numbers

  • Sold twice: first on 7 March 2019 for AED 602,000, last on 8 May 2024 for AED 700,000 (AED 2,094 per sqft).
  • Rented since November 2021 on 6 Ejari contracts, from AED 45,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 24 July 2026.

Questions about 2620, Merano Tower

What did unit 2620 last sell for?

AED 700,000 on 8 May 2024: AED 2,094 per sqft for 334 sqft. The unit has 2 registered sales; the first was AED 602,000 in March 2019.

What is the rent for unit 2620?

AED 58,000 a year on the contract renewed on 24 July 2026. The previous contract, from July 2025, was AED 58,000; the unit has been rented since November 2021.

How big is unit 2620?

334 sqft (31.0 sqm): a studio on the 26th floor of a 29-storey tower completed in 2020.

What is unit 2620 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2620, Merano Tower

Starts from the last sale price (AED 700K, 8 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 →