604, Merano Tower
Sold prices and rental history: sold once, by the developer in August 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 604, Merano Tower
What is 604 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 24 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 6th of 29
- Parking
- B4-033
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 708K · August 2022
- Building
- Merano Tower
About 604, Merano Tower
604 is a studio of 398 sqft on the 6th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 31 August 2022 for AED 708,000, or AED 1,779 per sqft, 21% above the AED 1,473 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 24 May 2026, is AED 55,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 7,600 a year.
Sales and rents for 604 over time
604 has sold once; 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 604 sits
All 82 studios →604 last sold in August 2022 at AED 1,779 per sqft, 21% above what studios in Merano Tower were fetching at the time (AED 1,473). 604's AED 55,000 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 6th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 616 sqft | AED 1.04MAED 1,040,000 · Dec 2022December 2022 | 67,000 /yr | |
| 602 | 1-bed | 663 sqft | AED 1.07MAED 1,066,000 · Jan 2017January 2017 | 75,000 /yr | |
| 603 | 1-bed | 485 sqft | AED 1.09MAED 1,091,664 · Jun 2016June 2016 | 72,804 /yr | |
| 605 | 1-bed | 669 sqft | AED 1.08MAED 1,077,000 · Mar 2024March 2024 | 51,750 /yr | |
| 606 | Studio | 331 sqft | AED 409KAED 408,750 · Nov 2020November 2020 | 64,000 /yr | |
| 607 | 1-bed | 668 sqft | AED 934KAED 933,888 · Jun 2016June 2016 | 61,000 /yr | |
| 608 | 1-bed | 771 sqft | AED 1.26MAED 1,258,000 · Jul 2017July 2017 | 80,000 /yr | |
| 609 | 1-bed | 644 sqft | AED 960KAED 960,000 · May 2024May 2024 | 65,000 /yr | |
| 610 | 1-bed | 644 sqft | AED 709KAED 709,244 · Sep 2020September 2020 | 72,000 /yr | |
| 611 | 1-bed | 644 sqft | AED 718KAED 718,000 · Jul 2020July 2020 | 70,000 /yr | |
| 612 | 1-bed | 644 sqft | AED 750KAED 750,000 · Sep 2022September 2022 | 78,000 /yr | |
| 613 | 2-bed | 891 sqft | AED 1.38MAED 1,380,000 · Nov 2025November 2025 | 97,150 /yr | |
| 614 | 2-bed | 956 sqft | AED 1.2MAED 1,200,000 · Jul 2026July 2026 | 115,000 /yr | |
| 615 | 2-bed | 991 sqft | AED 1.58MAED 1,577,600 · Apr 2017April 2017 | 105,000 /yr | |
| 616 | 1-bed | 662 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 75,000 /yr | |
| 617 | 1-bed | 668 sqft | AED 1.05MAED 1,047,420 · May 2019May 2019 | 65,000 /yr | |
| 618 | 1-bed | 668 sqft | AED 1.14MAED 1,138,760 · Nov 2022November 2022 | 85,000 /yr | |
| 619 | 1-bed | 668 sqft | AED 865KAED 865,000 · Jan 2023January 2023 | 83,000 /yr | |
| 620 | Studio | 334 sqft | AED 560KAED 559,968 · Aug 2016August 2016 | 65,000 /yr | |
| 617A | 1-bed | 753 sqft | AED 1.24MAED 1,235,000 · Mar 2022March 2022 | 100,000 /yr |
604, Merano Tower in numbers
- Sold once: by DAMAC on 31 August 2022 for AED 708,000, or AED 1,779 per sqft.
- Rented since February 2023 on 5 Ejari contracts, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 24 May 2026.
Questions about 604, Merano Tower
What did unit 604 last sell for?
AED 708,000 on 31 August 2022, sold by the developer: AED 1,779 per sqft for 398 sqft. It is the only registered sale of the unit.
What is the rent for unit 604?
AED 55,000 a year on the contract renewed on 24 May 2026. The previous contract, from May 2026, was AED 55,000; the unit has been rented since February 2023.
How big is unit 604?
398 sqft (37.0 sqm): a studio on the 6th floor of a 29-storey tower completed in 2020.
What is unit 604 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 604? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 604, Merano Tower
Starts from the last sale price (AED 708K, 31 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 708,000
- Deposit, UAE resident (20%)
- AED 141,600
- Deposit, non-resident (40%)
- AED 283,200
- Monthly over 25 years at 3.7%
- AED 2,897
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →