304, Merano Tower
Sold prices and rental history: sold twice, last in January 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Merano Tower
What is 304 worth today?
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Source: Dubai Land Department. Updated 21 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 3rd of 29
- Parking
- P1-063
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 720K · January 2025
- Building
- Merano Tower
About 304, Merano Tower
304 is a studio of 398 sqft on the 3rd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 21 January 2025 for AED 720,000, or AED 1,809 per sqft, 12% below the AED 2,064 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 August 2022, is AED 45,000 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 7,600 a year.
Sales and rents for 304 over time
304 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Merano Tower, and where 304 sits
All 82 studios →304 last sold in January 2025 at AED 1,809 per sqft, 12% below what studios in Merano Tower were fetching at the time (AED 2,064). 304's AED 45,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
Merano Tower
Building574 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%
Other units on the 3rd floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 616 sqft | AED 755KAED 755,000 · Feb 2021February 2021 | 74,799 /yr | |
| 302 | 1-bed | 663 sqft | AED 1.05MAED 1,049,953 · Mar 2019March 2019 | 80,000 /yr | |
| 303 | 1-bed | 670 sqft | AED 1.05MAED 1,050,000 · Nov 2024November 2024 | 125,000 /yr | |
| 305 | 1-bed | 669 sqft | AED 950KAED 950,040 · Sep 2020September 2020 | ||
| 306 | Studio | 327 sqft | AED 575KAED 575,000 · Apr 2017April 2017 | 59,834 /yr | |
| 307 | 1-bed | 668 sqft | AED 802KAED 802,000 · Jan 2021January 2021 | 85,000 /yr | |
| 308 | 1-bed | 771 sqft | AED 1.12MAED 1,117,000 · Feb 2022February 2022 | ||
| 309 | 1-bed | 644 sqft | AED 880KAED 880,000 · May 2025May 2025 | 75,000 /yr | |
| 310 | 1-bed | 644 sqft | AED 880KAED 880,000 · May 2025May 2025 | 65,000 /yr | |
| 311 | 1-bed | 644 sqft | AED 758KAED 757,540 · Jan 2021January 2021 | 73,500 /yr | |
| 312 | 1-bed | 644 sqft | AED 757KAED 756,560 · Jan 2021January 2021 | 80,000 /yr | |
| 313 | 2-bed | 891 sqft | AED 1.3MAED 1,300,000 · Feb 2025February 2025 | 69,600 /yr | |
| 314 | 2-bed | 956 sqft | AED 1.79MAED 1,791,000 · Jan 2025January 2025 | ||
| 315 | 2-bed | 991 sqft | AED 1.6MAED 1,600,000 · Jul 2024July 2024 | 100,000 /yr | |
| 316 | 1-bed | 662 sqft | AED 1.05MAED 1,052,000 · Apr 2017April 2017 | 70,000 /yr | |
| 317 | 1-bed | 668 sqft | AED 1.06MAED 1,056,000 · Feb 2019February 2019 | 60,000 /yr | |
| 318 | 1-bed | 668 sqft | AED 1.06MAED 1,060,000 · Jul 2017July 2017 | 75,000 /yr | |
| 319 | 1-bed | 668 sqft | AED 803KAED 803,000 · Mar 2021March 2021 | 80,000 /yr | |
| 320 | Studio | 334 sqft | AED 589KAED 589,000 · Aug 2017August 2017 | 74,000 /yr | |
| 317A | 1-bed | 753 sqft | AED 1.45MAED 1,449,000 · Oct 2024October 2024 |
304, Merano Tower in numbers
- Sold twice: first on 2 July 2017 for AED 700,000, last on 21 January 2025 for AED 720,000 (AED 1,809 per sqft).
- Rented since July 2020 on 3 Ejari contracts, from AED 36,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 21 January 2025.
Questions about 304, Merano Tower
What did unit 304 last sell for?
AED 720,000 on 21 January 2025: AED 1,809 per sqft for 398 sqft. The unit has 2 registered sales; the first was AED 700,000 in July 2017.
What is the rent for unit 304?
AED 45,000 a year on the contract signed on 1 August 2022. The previous contract, from July 2021, was AED 36,000; the unit has been rented since July 2020.
How big is unit 304?
398 sqft (37.0 sqm): a studio on the 3rd floor of a 29-storey tower completed in 2020.
What is unit 304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 304, Merano Tower
Starts from the last sale price (AED 720K, 21 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →