1-bed · 644 sqftMerano Tower, Business Bay · 6th floor · completed 2020

609, Merano Tower

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 960K1 May 2024
Current rentAED 65K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Merano Tower

What is 609 worth today?

Last sold for AED 960,000 in 2024

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15 Aug 2026RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
5 Aug 2025RentedRenewal
AED 73,000/yr12 months · AED 113 per sqft
5 Aug 2024RentedNew contract
AED 73,000/yr12 months · AED 113 per sqft
1 May 2024SoldReady
AED 960,000AED 1,491 per sqft
28 Mar 2023RentedNew contract
AED 68,000/yr12 months · AED 106 per sqft
28 Feb 2022RentedRenewal
AED 51,750/yr12 months · AED 80 per sqft
28 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft
26 May 2016Sold by developerOff-plan
AED 1,046,976AED 1,626 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
6th of 29
Parking
B3-039
Developer
DAMAC
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 960K · May 2024
Building
Merano Tower

About 609, Merano Tower

609 is a one-bedroom apartment of 644 sqft on the 6th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 1 May 2024 for AED 960,000, or AED 1,491 per sqft, in line with the AED 1,537 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 15 August 2026, is AED 65,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 12,200 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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, May 2016: AED 1,046,976 (AED 1,626 per sqft)Sold, May 2024: AED 960,000 (AED 1,491 per sqft)

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

Rents
Unit 609, 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, February 2021: AED 45,000 a yearRenewal, February 2022: AED 51,750 a yearNew contract, March 2023: AED 68,000 a yearNew contract, August 2024: AED 73,000 a yearRenewal, August 2025: AED 73,000 a yearNew contract, August 2026: AED 65,000 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 609 sits

All 397 1-beds →

609 last sold in May 2024 at AED 1,491 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,537). 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. 609's AED 65,000 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 6th floor

All 574 units in Merano Tower
Value
6011-bedAED 1.04M · Dec 2022
6021-bedAED 1.07M · Jan 2017
6031-bedAED 1.09M · Jun 2016
604StudioAED 708K · Aug 2022
6051-bedAED 1.08M · Mar 2024
606StudioAED 409K · Nov 2020
6071-bedAED 934K · Jun 2016
1–7 of 20

609, Merano Tower in numbers

  • Sold twice: first on 26 May 2016 for AED 1,046,976, last on 1 May 2024 for AED 960,000 (AED 1,491 per sqft).
  • Rented since February 2021 on 6 Ejari contracts, from AED 45,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.8%, 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 15 August 2026.

Questions about 609, Merano Tower

What did unit 609 last sell for?

AED 960,000 on 1 May 2024: AED 1,491 per sqft for 644 sqft. The unit has 2 registered sales; the first was AED 1,046,976 in May 2016.

What is the rent for unit 609?

AED 65,000 a year on the contract signed on 15 August 2026. The previous contract, from August 2025, was AED 73,000; the unit has been rented since February 2021.

How big is unit 609?

644 sqft (59.8 sqm): a one-bedroom apartment on the 6th floor of a 29-storey tower completed in 2020.

What is unit 609 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 609, Merano Tower

Starts from the last sale price (AED 960K, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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