Home
Dubai prices
About
Research
1-bed · 668 sqftMerano Tower, Business Bay · 29th floor · completed 2020

2917, Merano Tower

Sold prices and rental history: sold twice, last in October 2023, and rented once, from April 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2917 · DLD and Ejari recordsUpdated 3 October 2023
Last soldAED 1.13M3 October 2023
Current rentAED 50K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2917

Property timeline for 2917, Merano Tower

What is 2917 worth today?

Last sold for AED 1,130,000 in 2023

Unlock today's estimate, updated daily, with

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

3 Oct 2023SoldReady
AED 1,130,000AED 1,691 per sqft
1 Apr 2021RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
4 Jan 2021Sold by developerReady
AED 749,000AED 1,121 per sqft

Source: Dubai Land Department. Updated 3 October 2023.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
29th of 29
Parking
B2-148
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.13M · October 2023
Building
Merano Tower

About 2917, Merano Tower

2917 is a one-bedroom apartment of 668 sqft on the 29th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 3 October 2023 for AED 1,130,000, or AED 1,691 per sqft, 8% above the AED 1,562 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2021. The current contract, signed on 1 April 2021, is AED 50,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2917 over time

Sales
Unit 2917, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical 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 2021: AED 749,000 (AED 1,121 per sqft)Sold, October 2023: AED 1,130,000 (AED 1,691 per sqft)

2917 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2917, 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, April 2021: AED 50,000 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 2917 sits

All 397 1-beds →

2917 last sold in October 2023 at AED 1,691 per sqft, 8% above what one-beds in Merano Tower were fetching at the time (AED 1,562). 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. 2917's AED 50,000 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

2917, Merano Tower in numbers

  • Sold twice: first on 4 January 2021 for AED 749,000, last on 3 October 2023 for AED 1,130,000 (AED 1,691 per sqft).
  • Rented since April 2021 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 4.4%, 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 3 October 2023.

Questions about 2917, Merano Tower

What did unit 2917 last sell for?

AED 1,130,000 on 3 October 2023: AED 1,691 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 749,000 in January 2021.

What is the rent for unit 2917?

AED 50,000 a year on the contract signed on 1 April 2021.

How big is unit 2917?

668 sqft (62.1 sqm): a one-bedroom apartment on the 29th floor of a 29-storey tower completed in 2020.

What is unit 2917 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 2917? 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 2917, Merano Tower

Starts from the last sale price (AED 1.13M, 3 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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