1-bed · 670 sqftMerano Tower, Business Bay · 27th floor · completed 2020

2702, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2702 · DLD and Ejari recordsUpdated 1 February 2026

Last soldAED 840K16 September 2022

Current rentAED 89K /yr1 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2702, Merano Tower

Today

What is 2702 worth today?

Last sold for AED 840,000 in 2022

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1 Feb 2026

1 Feb 2026RentedRenewal

AED 88,500/yr12 months · AED 132 per sqft

1 Feb 2025

1 Feb 2025RentedRenewal

AED 88,500/yr12 months · AED 132 per sqft

1 Feb 2025

1 Feb 2025RentedRenewal

AED 88,500/yr12 months · AED 132 per sqft

1 Feb 2024

1 Feb 2024RentedRenewal

AED 88,500/yr12 months · AED 132 per sqft

1 Feb 2023

1 Feb 2023RentedNew contract

AED 82,500/yr12 months · AED 123 per sqft

16 Sep 2022

16 Sep 2022SoldReady

AED 840,000AED 1,254 per sqft

24 Jun 2020

24 Jun 2020Sold by developerReady

AED 1,041,000AED 1,554 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type: 1-bed apartment
Size: 670 sqft
Floor: 27th of 29
Parking: B2-093
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 840K · September 2022
Building: Merano Tower

About 2702, Merano Tower

2702 is a one-bedroom apartment of 670 sqft on the 27th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 16 September 2022 for AED 840,000, or AED 1,254 per sqft, 9% below the AED 1,383 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 88,500 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2702 over time

Sales

Unit 2702, each saleTypical one-bed in Merano Tower

2702 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2702, each contractTypical one-bed in Merano Tower

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 2702 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

2702 last sold in September 2022 at AED 1,254 per sqft, 9% below what one-beds in Merano Tower were fetching at the time (AED 1,383). 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. 2702's AED 88,500 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 27th floor

All 574 units in Merano Tower


2701	1-bed	616 sqft	AED 836KAED 836,250 · Nov 2020November 2020	87,000 /yr
2703	1-bed	670 sqft	AED 1.02MAED 1,015,694 · Sep 2023September 2023	65,000 /yr
2704	Studio	398 sqft	AED 755KAED 755,000 · Jul 2020July 2020	60,000 /yr
2705	1-bed	669 sqft	AED 769KAED 769,000 · Jun 2020June 2020	70,000 /yr
2706	Studio	331 sqft	AED 584KAED 584,259 · Sep 2025September 2025	50,000 /yr
2707	1-bed	668 sqft	AED 812KAED 811,620 · Jun 2020June 2020	80,000 /yr
2708	1-bed	771 sqft	AED 1.2MAED 1,200,000 · Oct 2023October 2023	75,000 /yr
2709	1-bed	644 sqft	AED 1.1MAED 1,100,000 · Dec 2024December 2024	72,000 /yr
2710	1-bed	644 sqft	AED 691KAED 691,250 · Jun 2022June 2022	80,981 /yr
2711	1-bed	644 sqft	AED 1MAED 1,000,000 · Nov 2023November 2023	78,000 /yr
2712	1-bed	644 sqft	AED 979KAED 979,000 · Jun 2020June 2020	70,000 /yr
2713	2-bed	891 sqft	AED 1.25MAED 1,248,800 · Sep 2020September 2020	113,500 /yr
2714	2-bed	956 sqft	AED 1.14MAED 1,136,100 · Sep 2020September 2020	112,000 /yr
2715	2-bed	993 sqft	AED 1.06MAED 1,064,497 · Sep 2020September 2020	115,500 /yr
2716	1-bed	664 sqft	AED 1.1MAED 1,100,000 · May 2025May 2025	85,000 /yr
2717	3-bed	1,455 sqft	AED 2.08MAED 2,077,000 · May 2020May 2020	150,000 /yr
2718	1-bed	668 sqft	AED 1.5MAED 1,497,000 · Sep 2024September 2024	61,000 /yr
2719	1-bed	668 sqft	AED 935KAED 935,000 · Oct 2023October 2023	60,000 /yr
2720	Studio	334 sqft	AED 522KAED 522,240 · Aug 2020August 2020	55,000 /yr

1–7 of 19

2702, Merano Tower in numbers

Sold twice: first on 24 June 2020 for AED 1,041,000, last on 16 September 2022 for AED 840,000 (AED 1,254 per sqft).
Rented since February 2023 on 5 Ejari contracts, from AED 82,500 to AED 88,500 a year.
At AED 88,500 a year the gross yield on the 2022 price is 10.5%, 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 1 February 2026.

Questions about 2702, Merano Tower

What did unit 2702 last sell for?

AED 840,000 on 16 September 2022: AED 1,254 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,041,000 in June 2020.

What is the rent for unit 2702?

AED 88,500 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 88,500; the unit has been rented since February 2023.

How big is unit 2702?

670 sqft (62.2 sqm): a one-bedroom apartment on the 27th floor of a 29-storey tower completed in 2020.

What is unit 2702 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 2702, Merano Tower

Starts from the last sale price (AED 840K, 16 September 2022). Switch to today's estimate once you have unlocked it.

Price: AED 840,000
Deposit, UAE resident (20%): AED 168,000
Deposit, non-resident (40%): AED 336,000
Monthly over 25 years at 3.7%: AED 3,437

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