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1-bed · 670 sqftMerano Tower, Business Bay · 3rd floor · completed 2020

303, Merano Tower

Sold prices and rental history: sold twice, last in November 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 2 April 2025
Last soldAED 1.05M20 November 2024
Current rentAED 125K /yr2 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Merano Tower

What is 303 worth today?

Last sold for AED 1,050,000 in 2024

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2 Apr 2025RentedNew contract
AED 125,000/yr12 months · AED 187 per sqft
2 Apr 2025RentedNew contract
AED 125,000/yr12 months · AED 187 per sqft
20 Nov 2024SoldReady
AED 1,050,000AED 1,567 per sqft
4 Feb 2020Sold by developerOff-plan
AED 1,075,000AED 1,604 per sqft

Source: Dubai Land Department. Updated 2 April 2025.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
3rd of 29
Parking
B2-155
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.05M · November 2024
Building
Merano Tower

About 303, Merano Tower

303 is a one-bedroom apartment of 670 sqft on the 3rd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 20 November 2024 for AED 1,050,000, or AED 1,567 per sqft, in line with the AED 1,609 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 2 April 2025, is AED 125,000 a year: a gross yield of 11.9% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 2020: AED 1,075,000 (AED 1,604 per sqft)Sold, November 2024: AED 1,050,000 (AED 1,567 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in Merano Tower
50K100K2020202220242026Typical 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 2025: AED 125,000 a yearNew contract, April 2025: AED 125,000 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 303 sits

All 397 1-beds →

303 last sold in November 2024 at AED 1,567 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,609). 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. 303's AED 125,000 is in the upper 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
3011-bedAED 755K · Feb 2021
3021-bedAED 1.05M · Mar 2019
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

303, Merano Tower in numbers

  • Sold twice: first on 4 February 2020 for AED 1,075,000, last on 20 November 2024 for AED 1,050,000 (AED 1,567 per sqft).
  • Rented since April 2025 on 2 Ejari contracts, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 11.9%, 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 2 April 2025.

Questions about 303, Merano Tower

What did unit 303 last sell for?

AED 1,050,000 on 20 November 2024: AED 1,567 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,075,000 in February 2020.

What is the rent for unit 303?

AED 125,000 a year on the contract signed on 2 April 2025. The previous contract, from April 2025, was AED 125,000.

How big is unit 303?

670 sqft (62.2 sqm): a one-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2020.

What is unit 303 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 303, Merano Tower

Starts from the last sale price (AED 1.05M, 20 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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