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1-bed · 616 sqftMerano Tower, Business Bay · 29th floor · completed 2020

2901, Merano Tower

Sold prices and rental history: sold twice, last in February 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 21 March 2025
Last soldAED 1.1M28 February 2024
Current rentAED 82K /yr21 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2901, Merano Tower

What is 2901 worth today?

Last sold for AED 1,100,000 in 2024

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21 Mar 2025RentedRenewal
AED 82,000/yr12 months · AED 134 per sqft
21 Mar 2025RentedRenewal
AED 82,000/yr12 months · AED 134 per sqft
21 Mar 2024RentedNew contract
AED 82,000/yr12 months · AED 134 per sqft
28 Feb 2024SoldReady
AED 1,100,000AED 1,784 per sqft
10 Mar 2022Sold by developerReady
AED 899,000AED 1,458 per sqft

Source: Dubai Land Department. Updated 21 March 2025.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
29th of 29
Parking
B2-137
Developer
DAMAC
Completed
2020
Service charge
AED 11,700 /yr
Last sold
AED 1.1M · February 2024
Building
Merano Tower

About 2901, Merano Tower

2901 is a one-bedroom apartment of 616 sqft on the 29th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 28 February 2024 for AED 1,100,000, or AED 1,784 per sqft, 18% above the AED 1,512 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 21 March 2025, is AED 82,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 11,700 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, March 2022: AED 899,000 (AED 1,458 per sqft)Sold, February 2024: AED 1,100,000 (AED 1,784 per sqft)

2901 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2901, 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, March 2024: AED 82,000 a yearRenewal, March 2025: AED 82,000 a yearRenewal, March 2025: AED 82,000 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 2901 sits

All 397 1-beds →

2901 last sold in February 2024 at AED 1,784 per sqft, 18% above what one-beds in Merano Tower were fetching at the time (AED 1,512). 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. 2901's AED 82,000 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 29th floor

All 574 units in Merano Tower
Value
29021-bedAED 1.08M · Mar 2025
29031-bedAED 1.12M · Aug 2024
2904StudioAED 826K · Oct 2019
29051-bedAED 1.29M · Oct 2019
2906StudioAED 664K · Oct 2019
29071-bedAED 1.29M · Oct 2019
29081-bedAED 920K · Nov 2022
1–7 of 20

2901, Merano Tower in numbers

  • Sold twice: first on 10 March 2022 for AED 899,000, last on 28 February 2024 for AED 1,100,000 (AED 1,784 per sqft).
  • Rented since March 2024 on 3 Ejari contracts, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 11,700 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 21 March 2025.

Questions about 2901, Merano Tower

What did unit 2901 last sell for?

AED 1,100,000 on 28 February 2024: AED 1,784 per sqft for 616 sqft. The unit has 2 registered sales; the first was AED 899,000 in March 2022.

What is the rent for unit 2901?

AED 82,000 a year on the contract renewed on 21 March 2025. The previous contract, from March 2025, was AED 82,000; the unit has been rented since March 2024.

How big is unit 2901?

616 sqft (57.2 sqm): a one-bedroom apartment on the 29th floor of a 29-storey tower completed in 2020.

What is unit 2901 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 2901, Merano Tower

Starts from the last sale price (AED 1.1M, 28 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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