1-bed · 669 sqftMerano Tower, Business Bay · 29th floor · completed 2020

2905, 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.

Unit 2905 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 1.29M28 October 2019
Current rentAED 73K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2905, Merano Tower

What is 2905 worth today?

Last sold for AED 1,285,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Feb 2026RentedRenewal
AED 73,000/yr12 months · AED 109 per sqft
20 Feb 2025RentedRenewal
AED 70,000/yr12 months · AED 105 per sqft
20 Feb 2025RentedRenewal
AED 70,000/yr12 months · AED 105 per sqft
20 Feb 2024RentedRenewal
AED 68,250/yr12 months · AED 102 per sqft
20 Feb 2023RentedRenewal
AED 65,000/yr12 months · AED 97 per sqft
20 Feb 2022RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
28 Oct 2019Sold by developerOff-plan
AED 1,285,000AED 1,920 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
1-bed apartment
Size
669 sqft
Floor
29th of 29
Parking
B2-140
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.29M · October 2019
Building
Merano Tower

About 2905, Merano Tower

2905 is a one-bedroom apartment of 669 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 28 October 2019 for AED 1,285,000, or AED 1,920 per sqft, 18% above the AED 1,624 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 73,000 a year: a gross yield of 5.7% on the 2019 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2905 over time

Sales
Unit 2905, each saleTypical one-bed in Merano Tower
750K1M1.25M2016201920222025Typical 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, October 2019: AED 1,285,000 (AED 1,920 per sqft)

2905 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2905, 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, February 2022: AED 65,000 a yearRenewal, February 2023: AED 65,000 a yearRenewal, February 2024: AED 68,250 a yearRenewal, February 2025: AED 70,000 a yearRenewal, February 2025: AED 70,000 a yearRenewal, February 2026: AED 73,000 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 2905 sits

All 397 1-beds →

2905 last sold in October 2019 at AED 1,920 per sqft, 18% above what one-beds in Merano Tower were fetching at the time (AED 1,624). 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. 2905's AED 73,000 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
29011-bedAED 1.1M · Feb 2024
29021-bedAED 1.08M · Mar 2025
29031-bedAED 1.12M · Aug 2024
2904StudioAED 826K · Oct 2019
2906StudioAED 664K · Oct 2019
29071-bedAED 1.29M · Oct 2019
29081-bedAED 920K · Nov 2022
1–7 of 20

2905, Merano Tower in numbers

  • Sold once: by DAMAC on 28 October 2019 for AED 1,285,000, or AED 1,920 per sqft.
  • Rented since February 2022 on 6 Ejari contracts, from AED 65,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2019 price is 5.7%, before a service charge of about AED 12,700 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 20 February 2026.

Questions about 2905, Merano Tower

What did unit 2905 last sell for?

AED 1,285,000 on 28 October 2019, sold by the developer: AED 1,920 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 2905?

AED 73,000 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 70,000; the unit has been rented since February 2022.

How big is unit 2905?

669 sqft (62.2 sqm): a one-bedroom apartment on the 29th floor of a 29-storey tower completed in 2020.

What is unit 2905 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.

Selling 2905? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2905, Merano Tower

Starts from the last sale price (AED 1.29M, 28 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,285,000
Deposit, UAE resident (20%)
AED 257,000
Deposit, non-resident (40%)
AED 514,000
Monthly over 25 years at 3.7%
AED 5,257

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