1-bed · 771 sqftMerano Tower, Business Bay · 29th floor · completed 2020

2908, Merano Tower

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2908 · DLD and Ejari recordsUpdated 2 February 2026
Last soldAED 920K9 November 2022
Current rentAED 90K /yr2 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2908, Merano Tower

What is 2908 worth today?

Last sold for AED 920,000 in 2022

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2 Feb 2026RentedNew contract
AED 90,000/yr12 months · AED 116 per sqft
9 Dec 2024RentedNew contract
AED 90,000/yr12 months · AED 117 per sqft
9 Dec 2024RentedNew contract
AED 90,000/yr12 months · AED 117 per sqft
4 Mar 2024RentedRenewal
AED 75,000/yr12 months · AED 97 per sqft
2 Mar 2023RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
9 Nov 2022SoldReady
AED 920,000AED 1,192 per sqft
3 Mar 2022RentedNew contract
AED 65,000/yr12 months · AED 84 per sqft
27 Jan 2020Sold by developerOff-plan
AED 1,521,000AED 1,971 per sqft

Source: Dubai Land Department. Updated 2 February 2026.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
29th of 29
Parking
B2-142
Developer
DAMAC
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 920K · November 2022
Building
Merano Tower

About 2908, Merano Tower

2908 is a one-bedroom apartment of 771 sqft on the 29th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 9 November 2022 for AED 920,000, or AED 1,192 per sqft, 14% below the AED 1,379 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 2 February 2026, is AED 90,000 a year: a gross yield of 9.8% on the 2022 price, before the service charge of about AED 14,700 a year.

Sales and rents for 2908 over time

Sales
Unit 2908, each saleTypical one-bed in Merano Tower
1M1.5M2016201920222025Typical 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, January 2020: AED 1,521,000 (AED 1,971 per sqft)Sold, November 2022: AED 920,000 (AED 1,192 per sqft)

2908 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2908, each contractTypical one-bed in Merano Tower
50K75K2020202220242026Typical 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 2022: AED 65,000 a yearNew contract, March 2023: AED 75,000 a yearRenewal, March 2024: AED 75,000 a yearNew contract, December 2024: AED 90,000 a yearNew contract, December 2024: AED 90,000 a yearNew contract, February 2026: AED 90,000 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 2908 sits

All 397 1-beds →

2908 last sold in November 2022 at AED 1,192 per sqft, 14% below what one-beds in Merano Tower were fetching at the time (AED 1,379). 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. 2908's AED 90,000 is in the upper 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
29051-bedAED 1.29M · Oct 2019
2906StudioAED 664K · Oct 2019
29071-bedAED 1.29M · Oct 2019
1–7 of 20

2908, Merano Tower in numbers

  • Sold twice: first on 27 January 2020 for AED 1,521,000, last on 9 November 2022 for AED 920,000 (AED 1,192 per sqft).
  • Rented since March 2022 on 6 Ejari contracts, from AED 65,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 9.8%, before a service charge of about AED 14,700 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 2 February 2026.

Questions about 2908, Merano Tower

What did unit 2908 last sell for?

AED 920,000 on 9 November 2022: AED 1,192 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 1,521,000 in January 2020.

What is the rent for unit 2908?

AED 90,000 a year on the contract signed on 2 February 2026. The previous contract, from December 2024, was AED 90,000; the unit has been rented since March 2022.

How big is unit 2908?

771 sqft (71.6 sqm): a one-bedroom apartment on the 29th floor of a 29-storey tower completed in 2020.

What is unit 2908 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 2908, Merano Tower

Starts from the last sale price (AED 920K, 9 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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