2904, Merano Tower
Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2904, Merano Tower
What is 2904 worth today?
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Source: Dubai Land Department. Updated 18 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 29th of 29
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 826K · October 2019
- Building
- Merano Tower
About 2904, Merano Tower
2904 is a studio of 398 sqft on the 29th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 24 October 2019 for AED 826,252, or AED 2,076 per sqft, 15% above the AED 1,801 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 18 April 2026, is AED 50,820 a year: a gross yield of 6.2% on the 2019 price, before the service charge of about AED 7,600 a year.
Sales and rents for 2904 over time
2904 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 2904 sits
All 82 studios →2904 last sold in October 2019 at AED 2,076 per sqft, 15% above what studios in Merano Tower were fetching at the time (AED 1,801). 2904's AED 50,820 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 29th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 1-bed | 616 sqft | AED 1.1MAED 1,100,000 · Feb 2024February 2024 | 82,000 /yr | |
| 2902 | 1-bed | 670 sqft | AED 1.08MAED 1,080,000 · Mar 2025March 2025 | ||
| 2903 | 1-bed | 670 sqft | AED 1.12MAED 1,120,000 · Aug 2024August 2024 | 75,000 /yr | |
| 2905 | 1-bed | 669 sqft | AED 1.29MAED 1,285,000 · Oct 2019October 2019 | 73,000 /yr | |
| 2906 | Studio | 327 sqft | AED 664KAED 664,000 · Oct 2019October 2019 | 55,000 /yr | |
| 2907 | 1-bed | 668 sqft | AED 1.29MAED 1,285,000 · Oct 2019October 2019 | 70,000 /yr | |
| 2908 | 1-bed | 771 sqft | AED 920KAED 920,000 · Nov 2022November 2022 | 90,000 /yr | |
| 2909 | 1-bed | 644 sqft | AED 1MAED 1,000,000 · Sep 2025September 2025 | 75,000 /yr | |
| 2910 | 1-bed | 644 sqft | AED 1.06MAED 1,059,695 · Sep 2023September 2023 | 88,000 /yr | |
| 2911 | 1-bed | 635 sqft | AED 1.23MAED 1,232,000 · Sep 2019September 2019 | ||
| 2912 | 1-bed | 644 sqft | AED 970KAED 970,000 · Nov 2023November 2023 | ||
| 2913 | 2-bed | 891 sqft | AED 1.5MAED 1,500,000 · Aug 2024August 2024 | 74,400 /yr | |
| 2914 | 2-bed | 956 sqft | AED 1.15MAED 1,147,200 · Sep 2020September 2020 | ||
| 2915 | 2-bed | 993 sqft | AED 2.18MAED 2,179,590 · Feb 2024February 2024 | 115,000 /yr | |
| 2916 | 1-bed | 664 sqft | AED 1.25MAED 1,254,854 · Nov 2019November 2019 | 75,000 /yr | |
| 2917 | 1-bed | 668 sqft | AED 1.13MAED 1,130,000 · Oct 2023October 2023 | 50,000 /yr | |
| 2918 | 1-bed | 668 sqft | AED 1.28MAED 1,284,519 · Oct 2019October 2019 | 75,000 /yr | |
| 2919 | 1-bed | 668 sqft | AED 1.02MAED 1,020,000 · Jun 2020June 2020 | ||
| 2920 | Studio | 334 sqft | AED 479KAED 479,180 · Nov 2021November 2021 | 60,000 /yr | |
| 2917A | 1-bed | 753 sqft | AED 939KAED 939,000 · Jan 2021January 2021 |
2904, Merano Tower in numbers
- Sold once: by DAMAC on 24 October 2019 for AED 826,252, or AED 2,076 per sqft.
- Rented since April 2022 on 6 Ejari contracts, from AED 40,000 to AED 50,820 a year.
- At AED 50,820 a year the gross yield on the 2019 price is 6.2%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 18 April 2026.
Questions about 2904, Merano Tower
What did unit 2904 last sell for?
AED 826,252 on 24 October 2019, sold by the developer: AED 2,076 per sqft for 398 sqft. It is the only registered sale of the unit.
What is the rent for unit 2904?
AED 50,820 a year on the contract renewed on 18 April 2026. The previous contract, from April 2025, was AED 50,820; the unit has been rented since April 2022.
How big is unit 2904?
398 sqft (37.0 sqm): a studio on the 29th floor of a 29-storey tower completed in 2020.
What is unit 2904 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 2904, Merano Tower
Starts from the last sale price (AED 826K, 24 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 826,252
- Deposit, UAE resident (20%)
- AED 165,250
- Deposit, non-resident (40%)
- AED 330,501
- Monthly over 25 years at 3.7%
- AED 3,380
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →