404, Merano Tower
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Merano Tower
What is 404 worth today?
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Source: Dubai Land Department. Updated 27 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 4th of 29
- Parking
- B4-026
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 611K · July 2016
- Building
- Merano Tower
About 404, Merano Tower
404 is a studio of 398 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 25 July 2016 for AED 610,850, or AED 1,535 per sqft, 10% below the AED 1,708 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 27 August 2025, is AED 50,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 7,600 a year.
Sales and rents for 404 over time
404 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Merano Tower, and where 404 sits
All 82 studios →404 last sold in July 2016 at AED 1,535 per sqft, 10% below what studios in Merano Tower were fetching at the time (AED 1,708). 404's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
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 4th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 616 sqft | AED 936KAED 935,971 · Jun 2016June 2016 | 65,000 /yr | |
| 402 | 1-bed | 663 sqft | AED 1.08MAED 1,076,000 · Dec 2018December 2018 | 70,000 /yr | |
| 403 | 1-bed | 670 sqft | AED 805KAED 805,000 · Mar 2021March 2021 | 72,000 /yr | |
| 405 | 1-bed | 669 sqft | AED 1.06MAED 1,060,000 · Feb 2025February 2025 | 70,000 /yr | |
| 406 | Studio | 327 sqft | AED 573KAED 573,000 · Sep 2019September 2019 | 62,000 /yr | |
| 407 | 1-bed | 668 sqft | AED 950KAED 950,000 · Dec 2023December 2023 | 75,000 /yr | |
| 408 | 1-bed | 771 sqft | AED 1.25MAED 1,253,000 · Mar 2022March 2022 | 70,000 /yr | |
| 409 | 1-bed | 644 sqft | AED 1MAED 1,003,950 · Aug 2018August 2018 | 74,000 /yr | |
| 410 | 1-bed | 644 sqft | AED 759KAED 758,520 · Jan 2021January 2021 | 65,000 /yr | |
| 411 | 1-bed | 644 sqft | AED 847KAED 846,720 · Mar 2022March 2022 | 80,000 /yr | |
| 412 | 1-bed | 644 sqft | AED 758KAED 757,540 · Jan 2021January 2021 | 75,000 /yr | |
| 413 | 2-bed | 891 sqft | AED 1.13MAED 1,125,000 · May 2026May 2026 | 90,000 /yr | |
| 414 | 2-bed | 956 sqft | AED 1.4MAED 1,400,000 · Sep 2024September 2024 | 104,420 /yr | |
| 415 | 2-bed | 991 sqft | AED 1.58MAED 1,577,600 · Aug 2016August 2016 | 105,000 /yr | |
| 416 | 1-bed | 662 sqft | AED 1.05MAED 1,052,000 · Apr 2017April 2017 | 78,000 /yr | |
| 417 | 1-bed | 668 sqft | AED 1.06MAED 1,057,000 · Feb 2019February 2019 | 79,000 /yr | |
| 418 | 1-bed | 668 sqft | AED 788KAED 787,920 · Jan 2021January 2021 | 73,000 /yr | |
| 419 | 1-bed | 668 sqft | AED 803KAED 803,000 · Jan 2021January 2021 | 80,000 /yr | |
| 420 | Studio | 334 sqft | AED 700KAED 700,000 · Oct 2024October 2024 | 57,000 /yr | |
| 417A | 1-bed | 753 sqft | AED 1.23MAED 1,234,000 · Nov 2019November 2019 | 75,202 /yr |
404, Merano Tower in numbers
- Sold once: by DAMAC on 25 July 2016 for AED 610,850, or AED 1,535 per sqft.
- Rented since July 2022 on 4 Ejari contracts, from AED 44,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 27 August 2025.
Questions about 404, Merano Tower
What did unit 404 last sell for?
AED 610,850 on 25 July 2016, sold by the developer: AED 1,535 per sqft for 398 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 50,000 a year on the contract signed on 27 August 2025. The previous contract, from October 2024, was AED 54,000; the unit has been rented since July 2022.
How big is unit 404?
398 sqft (37.0 sqm): a studio on the 4th floor of a 29-storey tower completed in 2020.
What is unit 404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 404, Merano Tower
Starts from the last sale price (AED 611K, 25 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 610,850
- Deposit, UAE resident (20%)
- AED 122,170
- Deposit, non-resident (40%)
- AED 244,340
- Monthly over 25 years at 3.7%
- AED 2,499
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →