616, Merano Tower
Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 616, Merano Tower
What is 616 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 662 sqft
- Floor
- 6th of 29
- Parking
- B3-043
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1M · July 2025
- Building
- Merano Tower
About 616, Merano Tower
616 is a one-bedroom apartment of 662 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 July 2025 for AED 1,000,000, or AED 1,509 per sqft, 5% below the AED 1,585 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 5 March 2025, is AED 75,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 12,600 a year.
Sales and rents for 616 over time
616 has sold twice; the dashed line is the one-bed median of each year in the building.
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 616 sits
All 397 1-beds →616 last sold in July 2025 at AED 1,509 per sqft, 5% below what one-beds in Merano Tower were fetching at the time (AED 1,585). 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. 616's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |
| 604 | Studio | 398 sqft | AED 708KAED 708,000 · Aug 2022August 2022 | 55,000 /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 | |
| 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 |
616, Merano Tower in numbers
- Sold twice: first on 30 May 2018 for AED 1,054,400, last on 1 July 2025 for AED 1,000,000 (AED 1,509 per sqft).
- Rented since October 2020 on 7 Ejari contracts. The rent fell from AED 81,000 to AED 50,000 in 2020 and recovered to AED 75,000 by March 2025.
- At AED 75,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 12,600 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 1 July 2025.
Questions about 616, Merano Tower
What did unit 616 last sell for?
AED 1,000,000 on 1 July 2025: AED 1,509 per sqft for 662 sqft. The unit has 2 registered sales; the first was AED 1,054,400 in May 2018.
What is the rent for unit 616?
AED 75,000 a year on the contract renewed on 5 March 2025. The previous contract, from March 2025, was AED 75,000; the unit has been rented since October 2020.
How big is unit 616?
662 sqft (61.5 sqm): a one-bedroom apartment on the 6th floor of a 29-storey tower completed in 2020.
What is unit 616 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 616, Merano Tower
Starts from the last sale price (AED 1M, 1 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →