1-bed · 668 sqftMerano Tower, Business Bay · 4th floor · completed 2020

417, 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 once, by the developer in February 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 417 · DLD and Ejari recordsUpdated 15 April 2026

Last soldAED 1.06M21 February 2019

Current rentAED 79K /yr15 April 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 417, Merano Tower

Today

What is 417 worth today?

Last sold for AED 1,057,000 in 2019

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15 Apr 2026

15 Apr 2026RentedRenewal

AED 79,000/yr12 months · AED 118 per sqft

15 Apr 2025

15 Apr 2025RentedNew contract

AED 77,000/yr12 months · AED 115 per sqft

2 Jul 2024

2 Jul 2024RentedNew contract

AED 100,000/yr6 months · AED 150 per sqft

7 Apr 2022

7 Apr 2022RentedNew contract

AED 65,000/yr12 months · AED 97 per sqft

9 Feb 2022

9 Feb 2022RentedNew contract

AED 75,000/yr12 months · AED 112 per sqft

21 Feb 2019

21 Feb 2019Sold by developerOff-plan

AED 1,057,000AED 1,582 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type: 1-bed apartment
Size: 668 sqft
Floor: 4th of 29
Parking: B3-015
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.06M · February 2019
Building: Merano Tower

About 417, Merano Tower

417 is a one-bedroom apartment of 668 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 21 February 2019 for AED 1,057,000, or AED 1,582 per sqft, in line with the AED 1,603 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 15 April 2026, is AED 79,000 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 12,700 a year.

Sales and rents for 417 over time

Sales

Unit 417, each saleTypical one-bed in Merano Tower

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

Rents

Unit 417, 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 417 sits

All 397 1-beds →

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

417 last sold in February 2019 at AED 1,582 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,603). 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. 417's AED 79,000 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
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
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

417, Merano Tower in numbers

Sold once: by DAMAC on 21 February 2019 for AED 1,057,000, or AED 1,582 per sqft.
Rented since February 2022 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 65,000 in 2022 and recovered to AED 79,000 by April 2026.
At AED 79,000 a year the gross yield on the 2019 price is 7.5%, 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 15 April 2026.

Questions about 417, Merano Tower

What did unit 417 last sell for?

AED 1,057,000 on 21 February 2019, sold by the developer: AED 1,582 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 79,000 a year on the contract renewed on 15 April 2026. The previous contract, from April 2025, was AED 77,000; the unit has been rented since February 2022.

How big is unit 417?

668 sqft (62.1 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2020.

What is unit 417 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 417, Merano Tower

Starts from the last sale price (AED 1.06M, 21 February 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,057,000
Deposit, UAE resident (20%): AED 211,400
Deposit, non-resident (40%): AED 422,800
Monthly over 25 years at 3.7%: AED 4,325

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