420, Merano Tower
Sold prices and rental history: sold twice, last in October 2024, 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 420, Merano Tower
What is 420 worth today?
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Source: Dubai Land Department. Updated 4 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 4th of 29
- Parking
- B4-028
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 700K · October 2024
- Building
- Merano Tower
About 420, Merano Tower
420 is a studio of 334 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 October 2024 for AED 700,000, or AED 2,094 per sqft, in line with the AED 2,042 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 4 November 2025, is AED 57,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 6,400 a year.
Sales and rents for 420 over time
420 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Merano Tower, and where 420 sits
All 82 studios →420 last sold in October 2024 at AED 2,094 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 2,042). 420's AED 57,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
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 | |
| 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 | |
| 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 | |
| 417A | 1-bed | 753 sqft | AED 1.23MAED 1,234,000 · Nov 2019November 2019 | 75,202 /yr |
420, Merano Tower in numbers
- Sold twice: first on 1 August 2016 for AED 559,968, last on 14 October 2024 for AED 700,000 (AED 2,094 per sqft).
- Rented since August 2022 on 4 Ejari contracts, from AED 45,000 to AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 4 November 2025.
Questions about 420, Merano Tower
What did unit 420 last sell for?
AED 700,000 on 14 October 2024: AED 2,094 per sqft for 334 sqft. The unit has 2 registered sales; the first was AED 559,968 in August 2016.
What is the rent for unit 420?
AED 57,000 a year on the contract renewed on 4 November 2025. The previous contract, from November 2024, was AED 57,000; the unit has been rented since August 2022.
How big is unit 420?
334 sqft (31.0 sqm): a studio on the 4th floor of a 29-storey tower completed in 2020.
What is unit 420 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 420, Merano Tower
Starts from the last sale price (AED 700K, 14 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →