2720, Merano Tower
Sold prices and rental history: sold once, by the developer in August 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2720, Merano Tower
What is 2720 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 27th of 29
- Parking
- B4-016
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 522K · August 2020
- Building
- Merano Tower
About 2720, Merano Tower
2720 is a studio of 334 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 20 August 2020 for AED 522,240, or AED 1,562 per sqft, 11% below the AED 1,755 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 10 December 2024, is AED 55,000 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 6,400 a year.
Sales and rents for 2720 over time
2720 has sold once; the dashed line is the studio median of each year in the building.
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 2720 sits
All 82 studios →2720 last sold in August 2020 at AED 1,562 per sqft, 11% below what studios in Merano Tower were fetching at the time (AED 1,755). 2720's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
Merano Tower
Building574 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%
Other units on the 27th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 1-bed | 616 sqft | AED 836KAED 836,250 · Nov 2020November 2020 | 87,000 /yr | |
| 2702 | 1-bed | 670 sqft | AED 840KAED 840,000 · Sep 2022September 2022 | 88,500 /yr | |
| 2703 | 1-bed | 670 sqft | AED 1.02MAED 1,015,694 · Sep 2023September 2023 | 65,000 /yr | |
| 2704 | Studio | 398 sqft | AED 755KAED 755,000 · Jul 2020July 2020 | 60,000 /yr | |
| 2705 | 1-bed | 669 sqft | AED 769KAED 769,000 · Jun 2020June 2020 | 70,000 /yr | |
| 2706 | Studio | 331 sqft | AED 584KAED 584,259 · Sep 2025September 2025 | 50,000 /yr | |
| 2707 | 1-bed | 668 sqft | AED 812KAED 811,620 · Jun 2020June 2020 | 80,000 /yr | |
| 2708 | 1-bed | 771 sqft | AED 1.2MAED 1,200,000 · Oct 2023October 2023 | 75,000 /yr | |
| 2709 | 1-bed | 644 sqft | AED 1.1MAED 1,100,000 · Dec 2024December 2024 | 72,000 /yr | |
| 2710 | 1-bed | 644 sqft | AED 691KAED 691,250 · Jun 2022June 2022 | 80,981 /yr | |
| 2711 | 1-bed | 644 sqft | AED 1MAED 1,000,000 · Nov 2023November 2023 | 78,000 /yr | |
| 2712 | 1-bed | 644 sqft | AED 979KAED 979,000 · Jun 2020June 2020 | 70,000 /yr | |
| 2713 | 2-bed | 891 sqft | AED 1.25MAED 1,248,800 · Sep 2020September 2020 | 113,500 /yr | |
| 2714 | 2-bed | 956 sqft | AED 1.14MAED 1,136,100 · Sep 2020September 2020 | 112,000 /yr | |
| 2715 | 2-bed | 993 sqft | AED 1.06MAED 1,064,497 · Sep 2020September 2020 | 115,500 /yr | |
| 2716 | 1-bed | 664 sqft | AED 1.1MAED 1,100,000 · May 2025May 2025 | 85,000 /yr | |
| 2717 | 3-bed | 1,455 sqft | AED 2.08MAED 2,077,000 · May 2020May 2020 | 150,000 /yr | |
| 2718 | 1-bed | 668 sqft | AED 1.5MAED 1,497,000 · Sep 2024September 2024 | 61,000 /yr | |
| 2719 | 1-bed | 668 sqft | AED 935KAED 935,000 · Oct 2023October 2023 | 60,000 /yr |
2720, Merano Tower in numbers
- Sold once: by DAMAC on 20 August 2020 for AED 522,240, or AED 1,562 per sqft.
- Rented since October 2020 on 5 Ejari contracts, from AED 33,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2020 price is 10.5%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 10 December 2024.
Questions about 2720, Merano Tower
What did unit 2720 last sell for?
AED 522,240 on 20 August 2020, sold by the developer: AED 1,562 per sqft for 334 sqft. It is the only registered sale of the unit.
What is the rent for unit 2720?
AED 55,000 a year on the contract renewed on 10 December 2024. The previous contract, from December 2023, was AED 55,000; the unit has been rented since October 2020.
How big is unit 2720?
334 sqft (31.0 sqm): a studio on the 27th floor of a 29-storey tower completed in 2020.
What is unit 2720 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 2720? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2720, Merano Tower
Starts from the last sale price (AED 522K, 20 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 522,240
- Deposit, UAE resident (20%)
- AED 104,448
- Deposit, non-resident (40%)
- AED 208,896
- Monthly over 25 years at 3.7%
- AED 2,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →