1-bed · 635 sqftMerano Tower, Business Bay · 29th floor · completed 2020

2911, Merano Tower

Sold prices and rental history: sold once, by the developer in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2911 · DLD and Ejari recordsUpdated 17 September 2019
Last soldAED 1.23M17 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2911, Merano Tower

What is 2911 worth today?

Last sold for AED 1,232,000 in 2019

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17 Sep 2019Sold by developerOff-plan
AED 1,232,000AED 1,938 per sqft

Source: Dubai Land Department. Updated 17 September 2019.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
29th of 29
Parking
B2-145
Developer
DAMAC
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 1.23M · September 2019
Building
Merano Tower

About 2911, Merano Tower

2911 is a one-bedroom apartment of 635 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 17 September 2019 for AED 1,232,000, or AED 1,938 per sqft, 20% above the AED 1,618 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2911 over time

Sales
Unit 2911, 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, September 2019: AED 1,232,000 (AED 1,938 per sqft)

2911 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2911, 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 75,000

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 2911 sits

All 397 1-beds →

2911 last sold in September 2019 at AED 1,938 per sqft, 20% above what one-beds in Merano Tower were fetching at the time (AED 1,618). 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.

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

2911, Merano Tower in numbers

  • Sold once: by DAMAC on 17 September 2019 for AED 1,232,000, or AED 1,938 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 17 September 2019.

Questions about 2911, Merano Tower

What did unit 2911 last sell for?

AED 1,232,000 on 17 September 2019, sold by the developer: AED 1,938 per sqft for 635 sqft. It is the only registered sale of the unit.

How big is unit 2911?

635 sqft (59.0 sqm): a one-bedroom apartment on the 29th floor of a 29-storey tower completed in 2020.

What is unit 2911 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 2911, Merano Tower

Starts from the last sale price (AED 1.23M, 17 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,232,000
Deposit, UAE resident (20%)
AED 246,400
Deposit, non-resident (40%)
AED 492,800
Monthly over 25 years at 3.7%
AED 5,040

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