1-bed · 753 sqftMerano Tower, Business Bay · 3rd floor · completed 2020

317A, Merano Tower

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317A · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 1.45M31 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 317A, Merano Tower

What is 317A worth today?

Last sold for AED 1,449,000 in 2024

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31 Oct 2024SoldReady
AED 1,449,000AED 1,924 per sqft
15 Nov 2021Sold by developerReady
AED 1,085,000AED 1,441 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
3rd of 29
Parking
B3-001
Developer
DAMAC
Completed
2020
Service charge
AED 14,300 /yr
Last sold
AED 1.45M · October 2024
Building
Merano Tower

About 317A, Merano Tower

317A is a one-bedroom apartment of 753 sqft on the 3rd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 31 October 2024 for AED 1,449,000, or AED 1,924 per sqft, 19% above the AED 1,623 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 317A over time

Sales
Unit 317A, each saleTypical one-bed in Merano Tower
1M1.5M2016201920222025Typical 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, November 2021: AED 1,085,000 (AED 1,441 per sqft)Sold, October 2024: AED 1,449,000 (AED 1,924 per sqft)

317A has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 317A, 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 75,000

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 317A sits

All 397 1-beds →

317A last sold in October 2024 at AED 1,924 per sqft, 19% above what one-beds in Merano Tower were fetching at the time (AED 1,623). 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 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

317A, Merano Tower in numbers

  • Sold twice: first on 15 November 2021 for AED 1,085,000, last on 31 October 2024 for AED 1,449,000 (AED 1,924 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 31 October 2024.

Questions about 317A, Merano Tower

What did unit 317A last sell for?

AED 1,449,000 on 31 October 2024: AED 1,924 per sqft for 753 sqft. The unit has 2 registered sales; the first was AED 1,085,000 in November 2021.

How big is unit 317A?

753 sqft (70.0 sqm): a one-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2020.

What is unit 317A 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 317A, Merano Tower

Starts from the last sale price (AED 1.45M, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,449,000
Deposit, UAE resident (20%)
AED 289,800
Deposit, non-resident (40%)
AED 579,600
Monthly over 25 years at 3.7%
AED 5,928

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