405, Merano Tower
Sold prices and rental history: sold twice, last in February 2025, 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 405, Merano Tower
What is 405 worth today?
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Source: Dubai Land Department. Updated 28 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 669 sqft
- Floor
- 4th of 29
- Parking
- B3-007
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.06M · February 2025
- Building
- Merano Tower
About 405, Merano Tower
405 is a one-bedroom apartment of 669 sqft on the 4th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 14 February 2025 for AED 1,060,000, or AED 1,584 per sqft, in line with the AED 1,609 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 28 June 2026, is AED 70,000 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 12,700 a year.
Sales and rents for 405 over time
405 has sold twice; 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 405 sits
All 397 1-beds →405 last sold in February 2025 at AED 1,584 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,609). 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. 405'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 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 | |
| 404 | Studio | 398 sqft | AED 611KAED 610,850 · Jul 2016July 2016 | 50,000 /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 |
405, Merano Tower in numbers
- Sold twice: first on 24 October 2019 for AED 1,076,000, last on 14 February 2025 for AED 1,060,000 (AED 1,584 per sqft).
- Rented since February 2022 on 5 Ejari contracts, from AED 65,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2025 price is 6.6%, 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 28 June 2026.
Questions about 405, Merano Tower
What did unit 405 last sell for?
AED 1,060,000 on 14 February 2025: AED 1,584 per sqft for 669 sqft. The unit has 2 registered sales; the first was AED 1,076,000 in October 2019.
What is the rent for unit 405?
AED 70,000 a year on the contract renewed on 28 June 2026. The previous contract, from June 2025, was AED 70,000; the unit has been rented since February 2022.
How big is unit 405?
669 sqft (62.2 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2020.
What is unit 405 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 405, Merano Tower
Starts from the last sale price (AED 1.06M, 14 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,060,000
- Deposit, UAE resident (20%)
- AED 212,000
- Deposit, non-resident (40%)
- AED 424,000
- Monthly over 25 years at 3.7%
- AED 4,337
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →