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1-bed · 644 sqftMerano Tower, Business Bay · 3rd floor · completed 2020

309, Merano Tower

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 880K13 May 2025
Current rentAED 75K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Merano Tower

What is 309 worth today?

Last sold for AED 880,000 in 2025

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15 Jun 2026RentedNew contract
AED 75,000/yr12 months · AED 116 per sqft
11 May 2026RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
5 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
13 May 2025SoldReady
AED 880,000AED 1,366 per sqft
15 Mar 2024RentedRenewal
AED 57,000/yr12 months · AED 88 per sqft
15 Mar 2023RentedRenewal
AED 52,000/yr12 months · AED 81 per sqft
15 Mar 2022RentedRenewal
AED 47,250/yr12 months · AED 73 per sqft
15 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
3rd of 29
Parking
B2-161
Developer
DAMAC
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 880K · May 2025
Building
Merano Tower

About 309, Merano Tower

309 is a one-bedroom apartment of 644 sqft on the 3rd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 13 May 2025 for AED 880,000, or AED 1,366 per sqft, 14% below the AED 1,592 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 15 June 2026, is AED 75,000 a year: a gross yield of 8.5% on the 2025 price, before the service charge of about AED 12,200 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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 772,000 (AED 1,199 per sqft)Sold, May 2025: AED 880,000 (AED 1,366 per sqft)

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

Rents
Unit 309, 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, March 2021: AED 45,000 a yearRenewal, March 2022: AED 47,250 a yearRenewal, March 2023: AED 52,000 a yearRenewal, March 2024: AED 57,000 a yearNew contract, August 2025: AED 80,000 a yearNew contract, May 2026: AED 80,000 a yearNew contract, June 2026: AED 75,000 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 309 sits

All 397 1-beds →

309 last sold in May 2025 at AED 1,366 per sqft, 14% below what one-beds in Merano Tower were fetching at the time (AED 1,592). 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. 309's AED 75,000 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 3rd floor

All 574 units in Merano Tower
Value
3011-bedAED 755K · Feb 2021
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
1–7 of 20

309, Merano Tower in numbers

  • Sold twice: first on 17 January 2021 for AED 772,000, last on 13 May 2025 for AED 880,000 (AED 1,366 per sqft).
  • Rented since March 2021 on 7 Ejari contracts, from AED 45,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 8.5%, before a service charge of about AED 12,200 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 15 June 2026.

Questions about 309, Merano Tower

What did unit 309 last sell for?

AED 880,000 on 13 May 2025: AED 1,366 per sqft for 644 sqft. The unit has 2 registered sales; the first was AED 772,000 in January 2021.

What is the rent for unit 309?

AED 75,000 a year on the contract signed on 15 June 2026. The previous contract, from May 2026, was AED 80,000; the unit has been rented since March 2021.

How big is unit 309?

644 sqft (59.8 sqm): a one-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2020.

What is unit 309 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 309, Merano Tower

Starts from the last sale price (AED 880K, 13 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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