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1-bed · 669 sqftMerano Tower, Business Bay · 27th floor · completed 2020

2705, Merano Tower

Sold prices and rental history: sold once, by the developer in June 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 3 August 2026
Last soldAED 769K15 June 2020
Current rentAED 70K /yr3 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2705, Merano Tower

What is 2705 worth today?

Last sold for AED 769,000 in 2020

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3 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 105 per sqft
16 Jul 2025RentedNew contract
AED 82,000/yr12 months · AED 123 per sqft
12 Jul 2023RentedNew contract
AED 86,535/yr13 months · AED 129 per sqft
28 Jul 2022RentedRenewal
AED 60,000/yr12 months · AED 90 per sqft
28 Jul 2021RentedNew contract
AED 54,500/yr12 months · AED 82 per sqft
15 Jun 2020Sold by developerReady
AED 769,000AED 1,149 per sqft

Source: Dubai Land Department. Updated 3 August 2026.

Key facts

Type
1-bed apartment
Size
669 sqft
Floor
27th of 29
Parking
B2-095
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 769K · June 2020
Building
Merano Tower

About 2705, Merano Tower

2705 is a one-bedroom apartment of 669 sqft on the 27th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 15 June 2020 for AED 769,000, or AED 1,149 per sqft, 30% below the AED 1,633 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 3 August 2026, is AED 70,000 a year: a gross yield of 9.1% on the 2020 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, 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, June 2020: AED 769,000 (AED 1,149 per sqft)

2705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2705, 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, July 2021: AED 54,500 a yearRenewal, July 2022: AED 60,000 a yearNew contract, July 2023: AED 86,535 a yearNew contract, July 2025: AED 82,000 a yearNew contract, August 2026: AED 70,000 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 2705 sits

All 397 1-beds →

2705 last sold in June 2020 at AED 1,149 per sqft, 30% below what one-beds in Merano Tower were fetching at the time (AED 1,633). 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. 2705's AED 70,000 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
28 Sep 20261,000,000
18 Sep 2026990,000
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 27th floor

All 574 units in Merano Tower
Value
27011-bedAED 836K · Nov 2020
27021-bedAED 840K · Sep 2022
27031-bedAED 1.02M · Sep 2023
2704StudioAED 755K · Jul 2020
2706StudioAED 584K · Sep 2025
27071-bedAED 812K · Jun 2020
27081-bedAED 1.2M · Oct 2023
1–7 of 19

2705, Merano Tower in numbers

  • Sold once: by DAMAC on 15 June 2020 for AED 769,000, or AED 1,149 per sqft.
  • Rented since July 2021 on 5 Ejari contracts, from AED 54,500 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 9.1%, 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 3 August 2026.

Questions about 2705, Merano Tower

What did unit 2705 last sell for?

AED 769,000 on 15 June 2020, sold by the developer: AED 1,149 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 2705?

AED 70,000 a year on the contract signed on 3 August 2026. The previous contract, from July 2025, was AED 82,000; the unit has been rented since July 2021.

How big is unit 2705?

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

What is unit 2705 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 2705, Merano Tower

Starts from the last sale price (AED 769K, 15 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 769,000
Deposit, UAE resident (20%)
AED 153,800
Deposit, non-resident (40%)
AED 307,600
Monthly over 25 years at 3.7%
AED 3,146

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