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1-bed · 670 sqftMerano Tower, Business Bay · 4th floor · completed 2020

403, Merano Tower

Sold prices and rental history: sold once, by the developer in March 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 14 July 2026
Last soldAED 805K2 March 2021
Current rentAED 72K /yr14 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Merano Tower

What is 403 worth today?

Last sold for AED 805,000 in 2021

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14 Jul 2026RentedNew contract
AED 72,000/yr12 months · AED 108 per sqft
3 Jun 2025RentedRenewal
AED 85,000/yr12 months · AED 127 per sqft
3 Jun 2024RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
9 Apr 2021RentedNew contract
AED 41,000/yr12 months · AED 61 per sqft
2 Mar 2021Sold by developerReady
AED 805,000AED 1,201 per sqft

Source: Dubai Land Department. Updated 14 July 2026.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
4th of 29
Parking
B3-006
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 805K · March 2021
Building
Merano Tower

About 403, Merano Tower

403 is a one-bedroom apartment of 670 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 2 March 2021 for AED 805,000, or AED 1,201 per sqft, in line with the AED 1,217 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 14 July 2026, is AED 72,000 a year: a gross yield of 8.9% on the 2021 price, before the service charge of about AED 12,700 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, March 2021: AED 805,000 (AED 1,201 per sqft)

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

Rents
Unit 403, 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, April 2021: AED 41,000 a yearNew contract, June 2024: AED 85,000 a yearRenewal, June 2025: AED 85,000 a yearNew contract, July 2026: AED 72,000 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 403 sits

All 397 1-beds →

403 last sold in March 2021 at AED 1,201 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,217). 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. 403's AED 72,000 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
4011-bedAED 936K · Jun 2016
4021-bedAED 1.08M · Dec 2018
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

403, Merano Tower in numbers

  • Sold once: by DAMAC on 2 March 2021 for AED 805,000, or AED 1,201 per sqft.
  • Rented since April 2021 on 4 Ejari contracts, from AED 41,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2021 price is 8.9%, before a service charge of about AED 12,700 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 14 July 2026.

Questions about 403, Merano Tower

What did unit 403 last sell for?

AED 805,000 on 2 March 2021, sold by the developer: AED 1,201 per sqft for 670 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 72,000 a year on the contract signed on 14 July 2026. The previous contract, from June 2025, was AED 85,000; the unit has been rented since April 2021.

How big is unit 403?

670 sqft (62.2 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2020.

What is unit 403 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 403, Merano Tower

Starts from the last sale price (AED 805K, 2 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 805,000
Deposit, UAE resident (20%)
AED 161,000
Deposit, non-resident (40%)
AED 322,000
Monthly over 25 years at 3.7%
AED 3,294

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