316, Merano Tower
Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Merano Tower
What is 316 worth today?
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Source: Dubai Land Department. Updated 19 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 662 sqft
- Floor
- 3rd of 29
- Parking
- B2-165
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.05M · April 2017
- Building
- Merano Tower
About 316, Merano Tower
316 is a one-bedroom apartment of 662 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 5 April 2017 for AED 1,052,000, or AED 1,588 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 19 June 2026, is AED 70,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 12,600 a year.
Sales and rents for 316 over time
316 has sold once; the dashed line is the one-bed median of each year in the building.
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 316 sits
All 397 1-beds →316 last sold in April 2017 at AED 1,588 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,599). 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. 316's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |
| 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 | |
| 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 | |
| 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 |
316, Merano Tower in numbers
- Sold once: by DAMAC on 5 April 2017 for AED 1,052,000, or AED 1,588 per sqft.
- Rented since June 2020 on 7 Ejari contracts, from AED 50,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2017 price is 6.7%, before a service charge of about AED 12,600 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 19 June 2026.
Questions about 316, Merano Tower
What did unit 316 last sell for?
AED 1,052,000 on 5 April 2017, sold by the developer: AED 1,588 per sqft for 662 sqft. It is the only registered sale of the unit.
What is the rent for unit 316?
AED 70,000 a year on the contract renewed on 19 June 2026. The previous contract, from June 2025, was AED 68,000; the unit has been rented since June 2020.
How big is unit 316?
662 sqft (61.5 sqm): a one-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2020.
What is unit 316 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 316, Merano Tower
Starts from the last sale price (AED 1.05M, 5 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,052,000
- Deposit, UAE resident (20%)
- AED 210,400
- Deposit, non-resident (40%)
- AED 420,800
- Monthly over 25 years at 3.7%
- AED 4,304
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →