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1-bed · 668 sqftMerano Tower, Business Bay · 27th floor · completed 2020

2719, Merano Tower

Sold prices and rental history: sold 4 times, last in October 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2719 · DLD and Ejari recordsUpdated 19 October 2023
Last soldAED 935K19 October 2023
Current rentAED 60K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2719, Merano Tower

What is 2719 worth today?

Last sold for AED 935,000 in 2023

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19 Oct 2023SoldReady
AED 935,000AED 1,398 per sqft
31 Oct 2022SoldReady
AED 768,597AED 1,149 per sqft
20 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
28 Apr 2022SoldReady
AED 763,412AED 1,142 per sqft
15 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
24 Jun 2020Sold by developerReady
AED 1,040,000AED 1,555 per sqft

Source: Dubai Land Department. Updated 19 October 2023.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
27th of 29
Parking
B2-120
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 935K · October 2023
Building
Merano Tower

About 2719, Merano Tower

2719 is a one-bedroom apartment of 668 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 October 2023 for AED 935,000, or AED 1,398 per sqft, 10% below the AED 1,555 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 20 September 2022, is AED 60,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2719 over time

Sales
Unit 2719, 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 1,040,000 (AED 1,555 per sqft)Sold, April 2022: AED 763,412 (AED 1,142 per sqft)Sold, October 2022: AED 768,597 (AED 1,149 per sqft)Sold, October 2023: AED 935,000 (AED 1,398 per sqft)

2719 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2719, 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 50,000 a yearNew contract, September 2022: AED 60,000 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 2719 sits

All 397 1-beds →

2719 last sold in October 2023 at AED 1,398 per sqft, 10% below what one-beds in Merano Tower were fetching at the time (AED 1,555). 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. 2719's AED 60,000 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

2719, Merano Tower in numbers

  • Sold 4 times: first on 24 June 2020 for AED 1,040,000, last on 19 October 2023 for AED 935,000 (AED 1,398 per sqft).
  • Rented since July 2021 on 2 Ejari contracts, from AED 50,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 6.4%, 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 19 October 2023.

Questions about 2719, Merano Tower

What did unit 2719 last sell for?

AED 935,000 on 19 October 2023: AED 1,398 per sqft for 668 sqft. The unit has 4 registered sales; the first was AED 1,040,000 in June 2020.

What is the rent for unit 2719?

AED 60,000 a year on the contract signed on 20 September 2022. The previous contract, from July 2021, was AED 50,000.

How big is unit 2719?

668 sqft (62.1 sqm): a one-bedroom apartment on the 27th floor of a 29-storey tower completed in 2020.

What is unit 2719 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 2719, Merano Tower

Starts from the last sale price (AED 935K, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 935,000
Deposit, UAE resident (20%)
AED 187,000
Deposit, non-resident (40%)
AED 374,000
Monthly over 25 years at 3.7%
AED 3,825

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