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2-bed · 891 sqftMerano Tower, Business Bay · 29th floor · completed 2020

2913, Merano Tower

Sold prices and rental history: sold twice, last in August 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2913 · DLD and Ejari recordsUpdated 27 August 2024
Last soldAED 1.5M27 August 2024
Current rentAED 74K /yr5 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2913, Merano Tower

What is 2913 worth today?

Last sold for AED 1,500,000 in 2024

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27 Aug 2024SoldReady
AED 1,500,000AED 1,683 per sqft
5 May 2022RentedRenewal
AED 74,400/yr12 months · AED 83 per sqft
5 May 2021RentedNew contract
AED 62,000/yr12 months · AED 70 per sqft
1 Oct 2020Sold by developerReady
AED 1,553,000AED 1,742 per sqft

Source: Dubai Land Department. Updated 27 August 2024.

Key facts

Type
2-bed apartment
Size
891 sqft
Floor
29th of 29
Parking
P1-058
Developer
DAMAC
Completed
2020
Service charge
AED 16,900 /yr
Last sold
AED 1.5M · August 2024
Building
Merano Tower

About 2913, Merano Tower

2913 is a two-bedroom apartment of 891 sqft on the 29th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 27 August 2024 for AED 1,500,000, or AED 1,683 per sqft, in line with the AED 1,635 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 5 May 2022, is AED 74,400 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 16,900 a year.

Sales and rents for 2913 over time

Sales
Unit 2913, each saleTypical two-bed in Merano Tower
1.2M1.4M1.6M2016201920222025Typical sale price by year: 2016 AED 1,508,900; 2017 AED 1,509,000; 2018 AED 1,416,000; 2019 AED 1,525,000; 2020 AED 1,169,783; 2021 AED 1,171,100; 2022 AED 1,292,540; 2023 AED 1,550,000; 2024 AED 1,477,500; 2025 AED 1,425,000; 2026 AED 1,310,000Sold by developer, October 2020: AED 1,553,000 (AED 1,742 per sqft)Sold, August 2024: AED 1,500,000 (AED 1,683 per sqft)

2913 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2913, each contractTypical two-bed in Merano Tower
75K100K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 105,000; 2026 AED 100,000New contract, May 2021: AED 62,000 a yearRenewal, May 2022: AED 74,400 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Merano Tower, and where 2913 sits

All 84 2-beds →

2913 last sold in August 2024 at AED 1,683 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,635). Over the last 12 months two-beds sold for AED 1,125,000 to 1,500,000, around AED 1,504 per sqft, and rent for AED 80,000 to 135,000 a year. 2913's AED 74,400 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20261,450,000
17 Aug 20261,220,000
9 Jul 20261,200,000
11 May 20261,125,000
12 2-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

2913, Merano Tower in numbers

  • Sold twice: first on 1 October 2020 for AED 1,553,000, last on 27 August 2024 for AED 1,500,000 (AED 1,683 per sqft).
  • Rented since May 2021 on 2 Ejari contracts, from AED 62,000 to AED 74,400 a year.
  • At AED 74,400 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 16,900 a year (AED 19.02 per sqft).
  • Two-beds in Merano Tower sold for AED 1,125,000–1,500,000 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 27 August 2024.

Questions about 2913, Merano Tower

What did unit 2913 last sell for?

AED 1,500,000 on 27 August 2024: AED 1,683 per sqft for 891 sqft. The unit has 2 registered sales; the first was AED 1,553,000 in October 2020.

What is the rent for unit 2913?

AED 74,400 a year on the contract renewed on 5 May 2022. The previous contract, from May 2021, was AED 62,000.

How big is unit 2913?

891 sqft (82.8 sqm): a two-bedroom apartment on the 29th floor of a 29-storey tower completed in 2020.

What is unit 2913 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Merano Tower sold for AED 1,125,000 to 1,500,000 in the last 12 months, around AED 1,504 per sqft.

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Mortgage on 2913, Merano Tower

Starts from the last sale price (AED 1.5M, 27 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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