1-bed · 644 sqftMerano Tower, Business Bay · 29th floor · completed 2020

2909, Merano Tower

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2909 · DLD and Ejari recordsUpdated 26 October 2026
Last soldAED 1M15 September 2025
Current rentAED 75K /yr26 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2909, Merano Tower

What is 2909 worth today?

Last sold for AED 1,000,000 in 2025

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26 Oct 2026RentedNew contract
AED 75,000/yr12 months · AED 116 per sqft
12 Jan 2026RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
15 Sep 2025SoldReady
AED 1,000,000AED 1,553 per sqft
1 Jan 2025RentedNew contract
AED 73,000/yr12 months · AED 113 per sqft
1 Jan 2025RentedNew contract
AED 73,000/yr12 months · AED 113 per sqft
5 Dec 2022RentedNew contract
AED 51,600/yr6 months · AED 80 per sqft
5 Sep 2021RentedRenewal
AED 43,000/yr12 months · AED 67 per sqft
5 Sep 2020RentedNew contract
AED 43,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 26 October 2026.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
29th of 29
Parking
B2-143
Developer
DAMAC
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 1M · September 2025
Building
Merano Tower

About 2909, Merano Tower

2909 is a one-bedroom apartment of 644 sqft on the 29th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 15 September 2025 for AED 1,000,000, or AED 1,553 per sqft, in line with the AED 1,589 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 26 October 2026, is AED 75,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 12,200 a year.

Sales and rents for 2909 over time

Sales
Unit 2909, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical 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 1,232,000 (AED 1,938 per sqft)Sold, September 2025: AED 1,000,000 (AED 1,553 per sqft)

2909 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2909, 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, September 2020: AED 43,000 a yearRenewal, September 2021: AED 43,000 a yearNew contract, December 2022: AED 51,600 a yearNew contract, January 2025: AED 73,000 a yearNew contract, January 2025: AED 73,000 a yearNew contract, January 2026: AED 90,000 a yearNew contract, October 2026: AED 75,000 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 2909 sits

All 397 1-beds →

2909 last sold in September 2025 at AED 1,553 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,589). 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. 2909's AED 75,000 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
29051-bedAED 1.29M · Oct 2019
2906StudioAED 664K · Oct 2019
29071-bedAED 1.29M · Oct 2019
1–7 of 20

2909, Merano Tower in numbers

  • Sold twice: first on 15 October 2019 for AED 1,232,000, last on 15 September 2025 for AED 1,000,000 (AED 1,553 per sqft).
  • Rented since September 2020 on 7 Ejari contracts, from AED 43,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 12,200 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 26 October 2026.

Questions about 2909, Merano Tower

What did unit 2909 last sell for?

AED 1,000,000 on 15 September 2025: AED 1,553 per sqft for 644 sqft. The unit has 2 registered sales; the first was AED 1,232,000 in October 2019.

What is the rent for unit 2909?

AED 75,000 a year on the contract signed on 26 October 2026. The previous contract, from January 2026, was AED 90,000; the unit has been rented since September 2020.

How big is unit 2909?

644 sqft (59.8 sqm): a one-bedroom apartment on the 29th floor of a 29-storey tower completed in 2020.

What is unit 2909 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 2909, Merano Tower

Starts from the last sale price (AED 1M, 15 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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