1-bed · 644 sqftMerano Tower, Business Bay · 4th floor · completed 2020

412, Merano Tower

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

Unit 412 · DLD and Ejari recordsUpdated 28 October 2025
Last soldAED 758K10 January 2021
Current rentAED 75K /yr28 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Merano Tower

What is 412 worth today?

Last sold for AED 757,540 in 2021

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28 Oct 2025RentedRenewal
AED 75,000/yr6 months · AED 116 per sqft
28 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 116 per sqft
15 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 108 per sqft
24 Oct 2022RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
15 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
10 Jan 2021Sold by developerReady
AED 757,540AED 1,176 per sqft

Source: Dubai Land Department. Updated 28 October 2025.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
4th of 29
Parking
B3-013
Developer
DAMAC
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 758K · January 2021
Building
Merano Tower

About 412, Merano Tower

412 is a one-bedroom apartment of 644 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 10 January 2021 for AED 757,540, or AED 1,176 per sqft, 21% below the AED 1,482 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 28 October 2025, is AED 75,000 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 12,200 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, January 2021: AED 757,540 (AED 1,176 per sqft)

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

Rents
Unit 412, 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 2021: AED 50,000 a yearNew contract, October 2022: AED 50,000 a yearNew contract, October 2023: AED 70,000 a yearNew contract, October 2024: AED 75,000 a yearRenewal, October 2025: AED 75,000 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 412 sits

All 397 1-beds →

412 last sold in January 2021 at AED 1,176 per sqft, 21% below what one-beds in Merano Tower were fetching at the time (AED 1,482). 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. 412's AED 75,000 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
4031-bedAED 805K · Mar 2021
404StudioAED 611K · Jul 2016
4051-bedAED 1.06M · Feb 2025
406StudioAED 573K · Sep 2019
4071-bedAED 950K · Dec 2023
1–7 of 20

412, Merano Tower in numbers

  • Sold once: by DAMAC on 10 January 2021 for AED 757,540, or AED 1,176 per sqft.
  • Rented since October 2021 on 5 Ejari contracts, from AED 50,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 9.9%, before a service charge of about AED 12,200 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 October 2025.

Questions about 412, Merano Tower

What did unit 412 last sell for?

AED 757,540 on 10 January 2021, sold by the developer: AED 1,176 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 75,000 a year on the contract renewed on 28 October 2025. The previous contract, from October 2024, was AED 75,000; the unit has been rented since October 2021.

How big is unit 412?

644 sqft (59.8 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2020.

What is unit 412 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 412, Merano Tower

Starts from the last sale price (AED 758K, 10 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 757,540
Deposit, UAE resident (20%)
AED 151,508
Deposit, non-resident (40%)
AED 303,016
Monthly over 25 years at 3.7%
AED 3,099

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