Studio · 398 sqftMerano Tower, Business Bay · 28th floor · completed 2020

2804, Merano Tower

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2804 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 618K6 December 2017
Current rentAED 60K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, Merano Tower

What is 2804 worth today?

Last sold for AED 618,450 in 2017

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9 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
29 Sep 2025RentedNew contract
AED 63,000/yr12 months · AED 158 per sqft
22 Sep 2024RentedRenewal
AED 60,000/yr12 months · AED 151 per sqft
22 Sep 2023RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
18 Sep 2022RentedRenewal
AED 42,000/yr12 months · AED 106 per sqft
18 Sep 2021RentedNew contract
AED 31,000/yr12 months · AED 78 per sqft
16 Sep 2020RentedNew contract
AED 34,000/yr12 months · AED 85 per sqft
6 Dec 2017Sold by developerOff-plan
AED 618,450AED 1,554 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
28th of 29
Parking
B4-017
Developer
DAMAC
Completed
2020
Service charge
AED 7,600 /yr
Last sold
AED 618K · December 2017
Building
Merano Tower

About 2804, Merano Tower

2804 is a studio of 398 sqft on the 28th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 6 December 2017 for AED 618,450, or AED 1,554 per sqft, 13% below the AED 1,781 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 9 October 2026, is AED 60,000 a year: a gross yield of 9.7% on the 2017 price, before the service charge of about AED 7,600 a year.

Sales and rents for 2804 over time

Sales
Unit 2804, 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, December 2017: AED 618,450 (AED 1,554 per sqft)

2804 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2804, 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, September 2020: AED 34,000 a yearNew contract, September 2021: AED 31,000 a yearRenewal, September 2022: AED 42,000 a yearNew contract, September 2023: AED 60,000 a yearRenewal, September 2024: AED 60,000 a yearNew contract, September 2025: AED 63,000 a yearNew contract, October 2026: AED 60,000 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 2804 sits

All 82 studios →

2804 last sold in December 2017 at AED 1,554 per sqft, 13% below what studios in Merano Tower were fetching at the time (AED 1,781). 2804's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2025532,000
19 Sep 2025584,259
8 Sep 2025800,000
10 Jun 2025790,000
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 28th floor

All 574 units in Merano Tower
Value
28011-bedAED 1.04M · Mar 2019
28021-bedAED 1M · Aug 2023
28031-bedAED 700K · Nov 2020
28051-bedAED 1.05M · Jan 2024
2806StudioAED 508K · Feb 2018
28071-bedAED 1.1M · May 2024
28081-bedAED 1.29M · Mar 2022
1–7 of 20

2804, Merano Tower in numbers

  • Sold once: by DAMAC on 6 December 2017 for AED 618,450, or AED 1,554 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 34,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 9.7%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 9 October 2026.

Questions about 2804, Merano Tower

What did unit 2804 last sell for?

AED 618,450 on 6 December 2017, sold by the developer: AED 1,554 per sqft for 398 sqft. It is the only registered sale of the unit.

What is the rent for unit 2804?

AED 60,000 a year on the contract signed on 9 October 2026. The previous contract, from September 2025, was AED 63,000; the unit has been rented since September 2020.

How big is unit 2804?

398 sqft (37.0 sqm): a studio on the 28th floor of a 29-storey tower completed in 2020.

What is unit 2804 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 2804, Merano Tower

Starts from the last sale price (AED 618K, 6 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 618,450
Deposit, UAE resident (20%)
AED 123,690
Deposit, non-resident (40%)
AED 247,380
Monthly over 25 years at 3.7%
AED 2,530

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