1-bed · 771 sqftMerano Tower, Business Bay · 3rd floor · completed 2020

308, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in February 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 308 · DLD and Ejari recordsUpdated 14 February 2022

Last soldAED 1.12M14 February 2022

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Today's valuefree after one verification

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Property timeline for 308, Merano Tower

Today

What is 308 worth today?

Last sold for AED 1,117,000 in 2022

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14 Feb 2022

14 Feb 2022Sold by developerReady

AED 1,117,000AED 1,447 per sqft

Source: Dubai Land Department. Updated 14 February 2022.

Key facts

Type: 1-bed apartment
Size: 771 sqft
Floor: 3rd of 29
Parking: B2-160
Developer: DAMAC
Completed: 2020
Service charge: AED 14,700 /yr
Last sold: AED 1.12M · February 2022
Building: Merano Tower

About 308, Merano Tower

308 is a one-bedroom apartment of 771 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 14 February 2022 for AED 1,117,000, or AED 1,447 per sqft, 5% above the AED 1,383 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales

Unit 308, each saleTypical one-bed in Merano Tower

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

Rents

Unit 308, each contractTypical one-bed in Merano Tower

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 308 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

308 last sold in February 2022 at AED 1,447 per sqft, 5% above what one-beds in Merano Tower were fetching at the time (AED 1,383). 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.

Recent 1-bed sales	Size	Price (AED)	Per sqft
1 Oct 20261 October 2026	668 sqft	1,040,000	1,556
28 Sep 202628 September 2026	670 sqft	1,000,000	1,492
28 Sep 202628 September 2026	668 sqft	1,000,000	1,497
18 Sep 202618 September 2026	668 sqft	990,000	1,482

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


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
304	Studio	398 sqft	AED 720KAED 720,000 · Jan 2025January 2025	45,000 /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
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

1–7 of 20

308, Merano Tower in numbers

Sold once: by DAMAC on 14 February 2022 for AED 1,117,000, or AED 1,447 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 14 February 2022.

Questions about 308, Merano Tower

What did unit 308 last sell for?

AED 1,117,000 on 14 February 2022, sold by the developer: AED 1,447 per sqft for 771 sqft. It is the only registered sale of the unit.

How big is unit 308?

771 sqft (71.6 sqm): a one-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2020.

What is unit 308 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 308, Merano Tower

Starts from the last sale price (AED 1.12M, 14 February 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,117,000
Deposit, UAE resident (20%): AED 223,400
Deposit, non-resident (40%): AED 446,800
Monthly over 25 years at 3.7%: AED 4,570

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