1-bed · 657 sqftMerano Tower, Business Bay · 28th floor · completed 2020

2816, 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 2816 · DLD and Ejari recordsUpdated 17 February 2026
Last soldAED 1.07M12 December 2017
Current rentAED 80K /yr17 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2816, Merano Tower

What is 2816 worth today?

Last sold for AED 1,074,000 in 2017

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17 Feb 2026RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
10 Nov 2023RentedRenewal
AED 70,000/yr12 months · AED 105 per sqft
10 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
1 Aug 2021RentedRenewal
AED 47,000/yr12 months · AED 70 per sqft
1 Aug 2020RentedNew contract
AED 47,000/yr12 months · AED 70 per sqft
12 Dec 2017Sold by developerOff-plan
AED 1,074,000AED 1,635 per sqft

Source: Dubai Land Department. Updated 17 February 2026.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
28th of 29
Parking
B2-132
Developer
DAMAC
Completed
2020
Service charge
AED 12,500 /yr
Last sold
AED 1.07M · December 2017
Building
Merano Tower

About 2816, Merano Tower

2816 is a one-bedroom apartment of 657 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 12 December 2017 for AED 1,074,000, or AED 1,635 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 17 February 2026, is AED 80,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 12,500 a year.

Sales and rents for 2816 over time

Sales
Unit 2816, 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, December 2017: AED 1,074,000 (AED 1,635 per sqft)

2816 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2816, 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, August 2020: AED 47,000 a yearRenewal, August 2021: AED 47,000 a yearNew contract, November 2022: AED 65,000 a yearRenewal, November 2023: AED 70,000 a yearNew contract, February 2026: AED 80,000 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 2816 sits

All 397 1-beds →

2816 last sold in December 2017 at AED 1,635 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,599). 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. 2816's AED 80,000 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 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
2804StudioAED 618K · Dec 2017
28051-bedAED 1.05M · Jan 2024
2806StudioAED 508K · Feb 2018
28071-bedAED 1.1M · May 2024
1–7 of 20

2816, Merano Tower in numbers

  • Sold once: by DAMAC on 12 December 2017 for AED 1,074,000, or AED 1,635 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 47,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 12,500 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 17 February 2026.

Questions about 2816, Merano Tower

What did unit 2816 last sell for?

AED 1,074,000 on 12 December 2017, sold by the developer: AED 1,635 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 2816?

AED 80,000 a year on the contract signed on 17 February 2026. The previous contract, from November 2023, was AED 70,000; the unit has been rented since August 2020.

How big is unit 2816?

657 sqft (61.0 sqm): a one-bedroom apartment on the 28th floor of a 29-storey tower completed in 2020.

What is unit 2816 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 2816, Merano Tower

Starts from the last sale price (AED 1.07M, 12 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,074,000
Deposit, UAE resident (20%)
AED 214,800
Deposit, non-resident (40%)
AED 429,600
Monthly over 25 years at 3.7%
AED 4,394

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