Studio · 331 sqftMerano Tower, Business Bay · 27th floor · completed 2020

2706, Merano Tower

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 19 September 2025
Last soldAED 584K19 September 2025
Current rentAED 50K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, Merano Tower

What is 2706 worth today?

Last sold for AED 584,259 in 2025

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19 Sep 2025SoldReady
AED 584,259AED 1,764 per sqft
1 Dec 2024RentedRenewal
AED 50,000/yr12 months · AED 150 per sqft
1 Dec 2023RentedRenewal
AED 48,000/yr12 months · AED 144 per sqft
1 Dec 2022RentedNew contract
AED 35,700/yr12 months · AED 107 per sqft
1 Dec 2021RentedRenewal
AED 35,700/yr12 months · AED 107 per sqft
1 Dec 2020RentedNew contract
AED 34,000/yr12 months · AED 102 per sqft
14 Sep 2020Sold by developerReady
AED 474,000AED 1,431 per sqft

Source: Dubai Land Department. Updated 19 September 2025.

Key facts

Type
Studio apartment
Size
331 sqft
Floor
27th of 29
Parking
B4-015
Developer
DAMAC
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 584K · September 2025
Building
Merano Tower

About 2706, Merano Tower

2706 is a studio of 331 sqft on the 27th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 19 September 2025 for AED 584,259, or AED 1,764 per sqft, 20% below the AED 2,204 studios 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 December 2024, is AED 50,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 6,300 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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, September 2020: AED 474,000 (AED 1,431 per sqft)Sold, September 2025: AED 584,259 (AED 1,764 per sqft)

2706 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2706, 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, December 2020: AED 34,000 a yearRenewal, December 2021: AED 35,700 a yearNew contract, December 2022: AED 35,700 a yearRenewal, December 2023: AED 48,000 a yearRenewal, December 2024: AED 50,000 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 2706 sits

All 82 studios →

2706 last sold in September 2025 at AED 1,764 per sqft, 20% below what studios in Merano Tower were fetching at the time (AED 2,204). 2706's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2025532,000
8 Sep 2025800,000
10 Jun 2025790,000
19 May 2025750,000
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 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
27051-bedAED 769K · Jun 2020
27071-bedAED 812K · Jun 2020
27081-bedAED 1.2M · Oct 2023
1–7 of 19

2706, Merano Tower in numbers

  • Sold twice: first on 14 September 2020 for AED 474,000, last on 19 September 2025 for AED 584,259 (AED 1,764 per sqft).
  • Rented since December 2020 on 5 Ejari contracts, from AED 34,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 6,300 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 19 September 2025.

Questions about 2706, Merano Tower

What did unit 2706 last sell for?

AED 584,259 on 19 September 2025: AED 1,764 per sqft for 331 sqft. The unit has 2 registered sales; the first was AED 474,000 in September 2020.

What is the rent for unit 2706?

AED 50,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 48,000; the unit has been rented since December 2020.

How big is unit 2706?

331 sqft (30.8 sqm): a studio on the 27th floor of a 29-storey tower completed in 2020.

What is unit 2706 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 2706, Merano Tower

Starts from the last sale price (AED 584K, 19 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 584,259
Deposit, UAE resident (20%)
AED 116,852
Deposit, non-resident (40%)
AED 233,704
Monthly over 25 years at 3.7%
AED 2,390

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