2820, Merano Tower
Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2820, Merano Tower
What is 2820 worth today?
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Source: Dubai Land Department. Updated 10 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 28th of 29
- Parking
- B4-019
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 607K · December 2017
- Building
- Merano Tower
About 2820, Merano Tower
2820 is a studio of 334 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 607,000, or AED 1,816 per sqft, in line with the AED 1,783 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 January 2024, is AED 60,000 a year: a gross yield of 9.9% on the 2017 price, before the service charge of about AED 6,400 a year.
Sales and rents for 2820 over time
2820 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 2820 sits
All 82 studios →2820 last sold in December 2017 at AED 1,816 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,783). 2820's AED 60,000 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 28th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 1-bed | 616 sqft | AED 1.04MAED 1,036,000 · Mar 2019March 2019 | 72,000 /yr | |
| 2802 | 1-bed | 670 sqft | AED 1MAED 1,000,000 · Aug 2023August 2023 | 80,000 /yr | |
| 2803 | 1-bed | 670 sqft | AED 700KAED 700,000 · Nov 2020November 2020 | 62,000 /yr | |
| 2804 | Studio | 398 sqft | AED 618KAED 618,450 · Dec 2017December 2017 | 60,000 /yr | |
| 2805 | 1-bed | 669 sqft | AED 1.05MAED 1,050,000 · Jan 2024January 2024 | 58,000 /yr | |
| 2806 | Studio | 327 sqft | AED 508KAED 508,400 · Feb 2018February 2018 | 65,000 /yr | |
| 2807 | 1-bed | 668 sqft | AED 1.1MAED 1,100,000 · May 2024May 2024 | 65,000 /yr | |
| 2808 | 1-bed | 771 sqft | AED 1.29MAED 1,287,000 · Mar 2022March 2022 | 100,000 /yr | |
| 2809 | 1-bed | 635 sqft | AED 1.06MAED 1,063,000 · Mar 2019March 2019 | 70,000 /yr | |
| 2810 | 1-bed | 644 sqft | AED 945KAED 945,000 · Apr 2026April 2026 | 75,000 /yr | |
| 2811 | 1-bed | 644 sqft | AED 900KAED 900,000 · Nov 2024November 2024 | 85,000 /yr | |
| 2812 | 1-bed | 644 sqft | AED 1.1MAED 1,100,000 · Oct 2025October 2025 | 74,586 /yr | |
| 2813 | 2-bed | 891 sqft | AED 1.08MAED 1,080,000 · Jan 2021January 2021 | 95,000 /yr | |
| 2814 | 2-bed | 956 sqft | AED 1.54MAED 1,544,000 · Jan 2019January 2019 | 95,000 /yr | |
| 2815 | 2-bed | 982 sqft | AED 1.57MAED 1,569,000 · Oct 2018October 2018 | 85,000 /yr | |
| 2816 | 1-bed | 657 sqft | AED 1.07MAED 1,074,000 · Dec 2017December 2017 | 80,000 /yr | |
| 2817 | 1-bed | 668 sqft | AED 1.08MAED 1,084,000 · Apr 2019April 2019 | 75,000 /yr | |
| 2818 | 1-bed | 668 sqft | AED 1.09MAED 1,092,960 · Feb 2018February 2018 | 70,000 /yr | |
| 2819 | 1-bed | 668 sqft | AED 1.09MAED 1,093,950 · Apr 2018April 2018 | 68,000 /yr | |
| 2817A | 1-bed | 753 sqft | AED 1.05MAED 1,050,000 · Feb 2022February 2022 | 82,000 /yr |
2820, Merano Tower in numbers
- Sold once: by DAMAC on 12 December 2017 for AED 607,000, or AED 1,816 per sqft.
- Rented since January 2021 on 4 Ejari contracts, from AED 35,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2017 price is 9.9%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 10 January 2024.
Questions about 2820, Merano Tower
What did unit 2820 last sell for?
AED 607,000 on 12 December 2017, sold by the developer: AED 1,816 per sqft for 334 sqft. It is the only registered sale of the unit.
What is the rent for unit 2820?
AED 60,000 a year on the contract signed on 10 January 2024. The previous contract, from January 2023, was AED 42,000; the unit has been rented since January 2021.
How big is unit 2820?
334 sqft (31.0 sqm): a studio on the 28th floor of a 29-storey tower completed in 2020.
What is unit 2820 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 2820, Merano Tower
Starts from the last sale price (AED 607K, 12 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 607,000
- Deposit, UAE resident (20%)
- AED 121,400
- Deposit, non-resident (40%)
- AED 242,800
- Monthly over 25 years at 3.7%
- AED 2,483
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →