1-bed · 771 sqftMerano Tower, Business Bay · 4th floor · completed 2020

408, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 408 · DLD and Ejari recordsUpdated 31 October 2026

Last soldAED 1.25M17 March 2022

Current rentAED 70K /yr31 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 408, Merano Tower

Today

What is 408 worth today?

Last sold for AED 1,253,000 in 2022

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31 Oct 2026

31 Oct 2026RentedNew contract

AED 70,000/yr12 months · AED 91 per sqft

28 Aug 2026

28 Aug 2026RentedNew contract

AED 67,000/yr12 months · AED 87 per sqft

20 Jul 2026

20 Jul 2026RentedNew contract

AED 100,000/yr12 months · AED 129 per sqft

1 Feb 2025

1 Feb 2025RentedNew contract

AED 95,000/yr12 months · AED 123 per sqft

1 Feb 2025

1 Feb 2025RentedNew contract

AED 95,000/yr12 months · AED 123 per sqft

17 Mar 2022

17 Mar 2022SoldReady

AED 1,253,000AED 1,624 per sqft

10 Oct 2019

10 Oct 2019Sold by developerOff-plan

AED 1,253,000AED 1,624 per sqft

Source: Dubai Land Department. Updated 31 October 2026.

Key facts

Type: 1-bed apartment
Size: 771 sqft
Floor: 4th of 29
Parking: B3-009
Developer: DAMAC
Completed: 2020
Service charge: AED 14,700 /yr
Last sold: AED 1.25M · March 2022
Building: Merano Tower

About 408, Merano Tower

408 is a one-bedroom apartment of 771 sqft on the 4th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 17 March 2022 for AED 1,253,000, or AED 1,624 per sqft, 13% above the AED 1,433 one-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 5 Ejari contracts. The current contract, signed on 31 October 2026, is AED 70,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 14,700 a year.

Sales and rents for 408 over time

Sales

Unit 408, each saleTypical one-bed in Merano Tower

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

Rents

Unit 408, each contractTypical one-bed in Merano Tower

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 408 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

408 last sold in March 2022 at AED 1,624 per sqft, 13% above what one-beds in Merano Tower were fetching at the time (AED 1,433). 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. 408's AED 70,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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


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
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
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

1–7 of 20

408, Merano Tower in numbers

Sold twice: first on 10 October 2019 for AED 1,253,000, last on 17 March 2022 for AED 1,253,000 (AED 1,624 per sqft).
Rented since February 2025 on 5 Ejari contracts, from AED 95,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 14,700 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 31 October 2026.

Questions about 408, Merano Tower

What did unit 408 last sell for?

AED 1,253,000 on 17 March 2022: AED 1,624 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 1,253,000 in October 2019.

What is the rent for unit 408?

AED 70,000 a year on the contract signed on 31 October 2026. The previous contract, from August 2026, was AED 67,000; the unit has been rented since February 2025.

How big is unit 408?

771 sqft (71.6 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2020.

What is unit 408 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 408, Merano Tower

Starts from the last sale price (AED 1.25M, 17 March 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,253,000
Deposit, UAE resident (20%): AED 250,600
Deposit, non-resident (40%): AED 501,200
Monthly over 25 years at 3.7%: AED 5,126

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