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1-bed · 753 sqftMerano Tower, Business Bay · 4th floor · completed 2020

417A, Merano Tower

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417A · DLD and Ejari recordsUpdated 24 August 2026
Last soldAED 1.23M12 November 2019
Current rentAED 75K /yr24 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 417A, Merano Tower

What is 417A worth today?

Last sold for AED 1,234,000 in 2019

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24 Aug 2026RentedRenewal
AED 75,202/yr12 months · AED 100 per sqft
24 Aug 2025RentedNew contract
AED 84,000/yr12 months · AED 111 per sqft
24 Aug 2024RentedNew contract
AED 84,000/yr12 months · AED 111 per sqft
6 Mar 2023RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
12 Nov 2019Sold by developerOff-plan
AED 1,234,000AED 1,638 per sqft

Source: Dubai Land Department. Updated 24 August 2026.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
4th of 29
Parking
B3-016
Developer
DAMAC
Completed
2020
Service charge
AED 14,300 /yr
Last sold
AED 1.23M · November 2019
Building
Merano Tower

About 417A, Merano Tower

417A is a one-bedroom apartment of 753 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 12 November 2019 for AED 1,234,000, or AED 1,638 per sqft, in line with the AED 1,624 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 24 August 2026, is AED 75,202 a year: a gross yield of 6.1% on the 2019 price, before the service charge of about AED 14,300 a year.

Sales and rents for 417A over time

Sales
Unit 417A, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical 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, November 2019: AED 1,234,000 (AED 1,638 per sqft)

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

Rents
Unit 417A, 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, March 2023: AED 80,000 a yearNew contract, August 2024: AED 84,000 a yearNew contract, August 2025: AED 84,000 a yearRenewal, August 2026: AED 75,202 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 417A sits

All 397 1-beds →

417A last sold in November 2019 at AED 1,638 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,624). 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. 417A's AED 75,202 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

417A, Merano Tower in numbers

  • Sold once: by DAMAC on 12 November 2019 for AED 1,234,000, or AED 1,638 per sqft.
  • Rented since March 2023 on 4 Ejari contracts, from AED 80,000 to AED 75,202 a year.
  • At AED 75,202 a year the gross yield on the 2019 price is 6.1%, before a service charge of about AED 14,300 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 24 August 2026.

Questions about 417A, Merano Tower

What did unit 417A last sell for?

AED 1,234,000 on 12 November 2019, sold by the developer: AED 1,638 per sqft for 753 sqft. It is the only registered sale of the unit.

What is the rent for unit 417A?

AED 75,202 a year on the contract renewed on 24 August 2026. The previous contract, from August 2025, was AED 84,000; the unit has been rented since March 2023.

How big is unit 417A?

753 sqft (70.0 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2020.

What is unit 417A 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 417A, Merano Tower

Starts from the last sale price (AED 1.23M, 12 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,234,000
Deposit, UAE resident (20%)
AED 246,800
Deposit, non-resident (40%)
AED 493,600
Monthly over 25 years at 3.7%
AED 5,049

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