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

2712, 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 2712 · DLD and Ejari recordsUpdated 22 October 2026
Last soldAED 979K10 June 2020
Current rentAED 70K /yr22 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2712, Merano Tower

What is 2712 worth today?

Last sold for AED 979,000 in 2020

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22 Oct 2026RentedNew contract
AED 70,000/yr12 months · AED 109 per sqft
6 Jan 2026RentedNew contract
AED 96,000/yr12 months · AED 149 per sqft
8 May 2023RentedNew contract
AED 90,000/yr12 months · AED 142 per sqft
18 Jul 2021RentedNew contract
AED 70,000/yr12 months · AED 109 per sqft
10 Jun 2020Sold by developerReady
AED 979,000AED 1,520 per sqft

Source: Dubai Land Department. Updated 22 October 2026.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
27th of 29
Parking
B2-117
Developer
DAMAC
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 979K · June 2020
Building
Merano Tower

About 2712, Merano Tower

2712 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. The developer sold it on 10 June 2020 for AED 979,000, or AED 1,520 per sqft, 7% below the AED 1,633 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 22 October 2026, is AED 70,000 a year: a gross yield of 7.1% on the 2020 price, before the service charge of about AED 12,200 a year.

Sales and rents for 2712 over time

Sales
Unit 2712, 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 979,000 (AED 1,520 per sqft)

2712 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2712, each contractTypical one-bed in Merano Tower
50K75K100K2020202220242026Typical 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 70,000 a yearNew contract, May 2023: AED 90,000 a yearNew contract, January 2026: AED 96,000 a yearNew contract, October 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 2712 sits

All 397 1-beds →

2712 last sold in June 2020 at AED 1,520 per sqft, 7% 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. 2712'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
27051-bedAED 769K · Jun 2020
2706StudioAED 584K · Sep 2025
27071-bedAED 812K · Jun 2020
1–7 of 19

2712, Merano Tower in numbers

  • Sold once: by DAMAC on 10 June 2020 for AED 979,000, or AED 1,520 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 7.1%, before a service charge of about AED 12,200 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 22 October 2026.

Questions about 2712, Merano Tower

What did unit 2712 last sell for?

AED 979,000 on 10 June 2020, sold by the developer: AED 1,520 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 2712?

AED 70,000 a year on the contract signed on 22 October 2026. The previous contract, from January 2026, was AED 96,000; the unit has been rented since July 2021.

How big is unit 2712?

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

What is unit 2712 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 2712, Merano Tower

Starts from the last sale price (AED 979K, 10 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 979,000
Deposit, UAE resident (20%)
AED 195,800
Deposit, non-resident (40%)
AED 391,600
Monthly over 25 years at 3.7%
AED 4,005

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