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1-bed · 644 sqftMerano Tower, Business Bay · 27th floor · completed 2020

2711, Merano Tower

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2711 · DLD and Ejari recordsUpdated 18 October 2026
Last soldAED 1M21 November 2023
Current rentAED 78K /yr18 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2711, Merano Tower

What is 2711 worth today?

Last sold for AED 1,000,000 in 2023

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18 Oct 2026RentedRenewal
AED 78,000/yr1 months · AED 121 per sqft
18 Oct 2025RentedNew contract
AED 83,000/yr12 months · AED 129 per sqft
1 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 132 per sqft
1 Dec 2023RentedNew contract
AED 85,000/yr12 months · AED 132 per sqft
21 Nov 2023SoldReady
AED 1,000,000AED 1,552 per sqft
15 Jun 2022SoldReady
AED 750,000AED 1,164 per sqft
19 Apr 2022SoldReady
AED 740,689AED 1,149 per sqft
24 Jun 2020Sold by developerReady
AED 1,006,000AED 1,561 per sqft

Source: Dubai Land Department. Updated 18 October 2026.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
27th of 29
Parking
B2-100
Developer
DAMAC
Completed
2020
Service charge
AED 12,300 /yr
Last sold
AED 1M · November 2023
Building
Merano Tower

About 2711, Merano Tower

2711 is a one-bedroom apartment of 644 sqft on the 27th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 21 November 2023 for AED 1,000,000, or AED 1,552 per sqft, in line with the AED 1,545 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 18 October 2026, is AED 78,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 12,300 a year.

Sales and rents for 2711 over time

Sales
Unit 2711, 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 1,006,000 (AED 1,561 per sqft)Sold, April 2022: AED 740,689 (AED 1,149 per sqft)Sold, June 2022: AED 750,000 (AED 1,164 per sqft)Sold, November 2023: AED 1,000,000 (AED 1,552 per sqft)

2711 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2711, 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, December 2023: AED 85,000 a yearNew contract, December 2024: AED 85,000 a yearNew contract, October 2025: AED 83,000 a yearRenewal, October 2026: AED 78,000 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 2711 sits

All 397 1-beds →

2711 last sold in November 2023 at AED 1,552 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,545). 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. 2711's AED 78,000 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
27051-bedAED 769K · Jun 2020
2706StudioAED 584K · Sep 2025
27071-bedAED 812K · Jun 2020
1–7 of 19

2711, Merano Tower in numbers

  • Sold 4 times: first on 24 June 2020 for AED 1,006,000, last on 21 November 2023 for AED 1,000,000 (AED 1,552 per sqft).
  • Rented since December 2023 on 4 Ejari contracts, from AED 85,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 12,300 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 18 October 2026.

Questions about 2711, Merano Tower

What did unit 2711 last sell for?

AED 1,000,000 on 21 November 2023: AED 1,552 per sqft for 644 sqft. The unit has 4 registered sales; the first was AED 1,006,000 in June 2020.

What is the rent for unit 2711?

AED 78,000 a year on the contract renewed on 18 October 2026. The previous contract, from October 2025, was AED 83,000; the unit has been rented since December 2023.

How big is unit 2711?

644 sqft (59.8 sqm): a one-bedroom apartment on the 27th floor of a 29-storey tower completed in 2020.

What is unit 2711 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 2711, Merano Tower

Starts from the last sale price (AED 1M, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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