1-bed · 753 sqftMerano Tower, Business Bay · 6th floor · completed 2020

617A, Merano Tower

Sold prices and rental history: sold twice, last in March 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617A · DLD and Ejari recordsUpdated 19 August 2026
Last soldAED 1.24M17 March 2022
Current rentAED 100K /yr19 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617A, Merano Tower

What is 617A worth today?

Last sold for AED 1,235,000 in 2022

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19 Aug 2026RentedNew contract
AED 100,000/yr12 months · AED 133 per sqft
17 Mar 2022SoldReady
AED 1,235,000AED 1,640 per sqft
8 Dec 2019Sold by developerOff-plan
AED 1,235,000AED 1,640 per sqft

Source: Dubai Land Department. Updated 19 August 2026.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
6th of 29
Parking
B3-045
Developer
DAMAC
Completed
2020
Service charge
AED 14,300 /yr
Last sold
AED 1.24M · March 2022
Building
Merano Tower

About 617A, Merano Tower

617A is a one-bedroom apartment of 753 sqft on the 6th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 17 March 2022 for AED 1,235,000, or AED 1,640 per sqft, 14% above the AED 1,433 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 August 2026. The current contract, signed on 19 August 2026, is AED 100,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 14,300 a year.

Sales and rents for 617A over time

Sales
Unit 617A, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical 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, December 2019: AED 1,235,000 (AED 1,640 per sqft)Sold, March 2022: AED 1,235,000 (AED 1,640 per sqft)

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

Rents
Unit 617A, each contractTypical one-bed in Merano Tower
50K75K100K2020202220242026Typical 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 2026: AED 100,000 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 617A sits

All 397 1-beds →

617A last sold in March 2022 at AED 1,640 per sqft, 14% above what one-beds in Merano Tower were fetching at the time (AED 1,433). 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. 617A's AED 100,000 is in the upper 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

617A, Merano Tower in numbers

  • Sold twice: first on 8 December 2019 for AED 1,235,000, last on 17 March 2022 for AED 1,235,000 (AED 1,640 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 14,300 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 19 August 2026.

Questions about 617A, Merano Tower

What did unit 617A last sell for?

AED 1,235,000 on 17 March 2022: AED 1,640 per sqft for 753 sqft. The unit has 2 registered sales; the first was AED 1,235,000 in December 2019.

What is the rent for unit 617A?

AED 100,000 a year on the contract signed on 19 August 2026.

How big is unit 617A?

753 sqft (70.0 sqm): a one-bedroom apartment on the 6th floor of a 29-storey tower completed in 2020.

What is unit 617A 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 617A, Merano Tower

Starts from the last sale price (AED 1.24M, 17 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,235,000
Deposit, UAE resident (20%)
AED 247,000
Deposit, non-resident (40%)
AED 494,000
Monthly over 25 years at 3.7%
AED 5,053

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