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1-bed · 668 sqftMerano Tower, Business Bay · 6th floor · completed 2020

617, Merano Tower

Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 1.05M5 May 2019
Current rentAED 65K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 617, Merano Tower

What is 617 worth today?

Last sold for AED 1,047,420 in 2019

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20 Sep 2026RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
1 Aug 2022RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
5 May 2019Sold by developerOff-plan
AED 1,047,420AED 1,567 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
6th of 29
Parking
B3-044
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.05M · May 2019
Building
Merano Tower

About 617, Merano Tower

617 is a one-bedroom apartment of 668 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 5 May 2019 for AED 1,047,420, or AED 1,567 per sqft, in line with the AED 1,606 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 20 September 2026, is AED 65,000 a year: a gross yield of 6.2% on the 2019 price, before the service charge of about AED 12,700 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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 2019: AED 1,047,420 (AED 1,567 per sqft)

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

Rents
Unit 617, 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, August 2022: AED 55,000 a yearNew contract, September 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 617 sits

All 397 1-beds →

617 last sold in May 2019 at AED 1,567 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,606). 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. 617'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

617, Merano Tower in numbers

  • Sold once: by DAMAC on 5 May 2019 for AED 1,047,420, or AED 1,567 per sqft.
  • Rented since August 2022 on 2 Ejari contracts, from AED 55,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2019 price is 6.2%, before a service charge of about AED 12,700 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 20 September 2026.

Questions about 617, Merano Tower

What did unit 617 last sell for?

AED 1,047,420 on 5 May 2019, sold by the developer: AED 1,567 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 617?

AED 65,000 a year on the contract signed on 20 September 2026. The previous contract, from August 2022, was AED 55,000.

How big is unit 617?

668 sqft (62.1 sqm): a one-bedroom apartment on the 6th floor of a 29-storey tower completed in 2020.

What is unit 617 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 617, Merano Tower

Starts from the last sale price (AED 1.05M, 5 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,047,420
Deposit, UAE resident (20%)
AED 209,484
Deposit, non-resident (40%)
AED 418,968
Monthly over 25 years at 3.7%
AED 4,285

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