1-bed · 616 sqftMerano Tower, Business Bay · 3rd floor · completed 2020

301, Merano Tower

Sold prices and rental history: sold once, by the developer in February 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 21 August 2026
Last soldAED 755K7 February 2021
Current rentAED 75K /yr21 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Merano Tower

What is 301 worth today?

Last sold for AED 755,000 in 2021

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21 Aug 2026RentedNew contract
AED 74,799/yr12 months · AED 121 per sqft
3 Feb 2026RentedNew contract
AED 80,000/yr12 months · AED 130 per sqft
31 Dec 2024RentedRenewal
AED 70,350/yr12 months · AED 114 per sqft
31 Dec 2023RentedRenewal
AED 67,000/yr12 months · AED 109 per sqft
31 Dec 2022RentedNew contract
AED 63,000/yr12 months · AED 102 per sqft
8 Jun 2022RentedNew contract
AED 60,000/yr12 months · AED 97 per sqft
25 Apr 2021RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
7 Feb 2021Sold by developerReady
AED 755,000AED 1,224 per sqft

Source: Dubai Land Department. Updated 21 August 2026.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
3rd of 29
Parking
B2-153
Developer
DAMAC
Completed
2020
Service charge
AED 11,700 /yr
Last sold
AED 755K · February 2021
Building
Merano Tower

About 301, Merano Tower

301 is a one-bedroom apartment of 616 sqft on the 3rd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 7 February 2021 for AED 755,000, or AED 1,224 per sqft, in line with the AED 1,222 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 21 August 2026, is AED 74,799 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 11,700 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, February 2021: AED 755,000 (AED 1,224 per sqft)

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

Rents
Unit 301, 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 45,000 a yearNew contract, June 2022: AED 60,000 a yearNew contract, December 2022: AED 63,000 a yearRenewal, December 2023: AED 67,000 a yearRenewal, December 2024: AED 70,350 a yearNew contract, February 2026: AED 80,000 a yearNew contract, August 2026: AED 74,799 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 301 sits

All 397 1-beds →

301 last sold in February 2021 at AED 1,224 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,222). 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. 301's AED 74,799 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 3rd floor

All 574 units in Merano Tower
Value
3021-bedAED 1.05M · Mar 2019
3031-bedAED 1.05M · Nov 2024
304StudioAED 720K · Jan 2025
3051-bedAED 950K · Sep 2020
306StudioAED 575K · Apr 2017
3071-bedAED 802K · Jan 2021
3081-bedAED 1.12M · Feb 2022
1–7 of 20

301, Merano Tower in numbers

  • Sold once: by DAMAC on 7 February 2021 for AED 755,000, or AED 1,224 per sqft.
  • Rented since April 2021 on 7 Ejari contracts, from AED 45,000 to AED 74,799 a year.
  • At AED 74,799 a year the gross yield on the 2021 price is 9.9%, before a service charge of about AED 11,700 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 21 August 2026.

Questions about 301, Merano Tower

What did unit 301 last sell for?

AED 755,000 on 7 February 2021, sold by the developer: AED 1,224 per sqft for 616 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 74,799 a year on the contract signed on 21 August 2026. The previous contract, from February 2026, was AED 80,000; the unit has been rented since April 2021.

How big is unit 301?

616 sqft (57.2 sqm): a one-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2020.

What is unit 301 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 301, Merano Tower

Starts from the last sale price (AED 755K, 7 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 755,000
Deposit, UAE resident (20%)
AED 151,000
Deposit, non-resident (40%)
AED 302,000
Monthly over 25 years at 3.7%
AED 3,089

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