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1-bed · 616 sqftMerano Tower, Business Bay · 4th floor · completed 2020

401, Merano Tower

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 936K22 June 2016
Current rentAED 65K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, Merano Tower

What is 401 worth today?

Last sold for AED 935,971 in 2016

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1 Nov 2026RentedNew contract
AED 65,000/yr12 months · AED 105 per sqft
15 Oct 2025RentedRenewal
AED 68,000/yr12 months · AED 111 per sqft
15 Oct 2025RentedRenewal
AED 67,740/yr12 months · AED 110 per sqft
15 Oct 2024RentedRenewal
AED 64,515/yr12 months · AED 105 per sqft
15 Oct 2022RentedRenewal
AED 51,000/yr12 months · AED 83 per sqft
15 Oct 2021RentedRenewal
AED 46,000/yr12 months · AED 75 per sqft
15 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
22 Jun 2016Sold by developerOff-plan
AED 935,971AED 1,518 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
4th of 29
Parking
B3-004
Developer
DAMAC
Completed
2020
Service charge
AED 11,700 /yr
Last sold
AED 936K · June 2016
Building
Merano Tower

About 401, Merano Tower

401 is a one-bedroom apartment of 616 sqft on the 4th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 22 June 2016 for AED 935,971, or AED 1,518 per sqft, 5% below the AED 1,604 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 November 2026, is AED 65,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 11,700 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, June 2016: AED 935,971 (AED 1,518 per sqft)

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

Rents
Unit 401, 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, October 2020: AED 45,000 a yearRenewal, October 2021: AED 46,000 a yearRenewal, October 2022: AED 51,000 a yearRenewal, October 2024: AED 64,515 a yearRenewal, October 2025: AED 68,000 a yearRenewal, October 2025: AED 67,740 a yearNew contract, November 2026: AED 65,000 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 401 sits

All 397 1-beds →

401 last sold in June 2016 at AED 1,518 per sqft, 5% below what one-beds in Merano Tower were fetching at the time (AED 1,604). 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. 401's AED 65,000 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 4th floor

All 574 units in Merano Tower
Value
4021-bedAED 1.08M · Dec 2018
4031-bedAED 805K · Mar 2021
404StudioAED 611K · Jul 2016
4051-bedAED 1.06M · Feb 2025
406StudioAED 573K · Sep 2019
4071-bedAED 950K · Dec 2023
4081-bedAED 1.25M · Mar 2022
1–7 of 20

401, Merano Tower in numbers

  • Sold once: by DAMAC on 22 June 2016 for AED 935,971, or AED 1,518 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 45,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 11,700 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 1 November 2026.

Questions about 401, Merano Tower

What did unit 401 last sell for?

AED 935,971 on 22 June 2016, sold by the developer: AED 1,518 per sqft for 616 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 65,000 a year on the contract signed on 1 November 2026. The previous contract, from October 2025, was AED 68,000; the unit has been rented since October 2020.

How big is unit 401?

616 sqft (57.2 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2020.

What is unit 401 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 401, Merano Tower

Starts from the last sale price (AED 936K, 22 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 935,971
Deposit, UAE resident (20%)
AED 187,194
Deposit, non-resident (40%)
AED 374,388
Monthly over 25 years at 3.7%
AED 3,829

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