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

618, Merano Tower

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 1.14M23 November 2022
Current rentAED 85K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 618, Merano Tower

What is 618 worth today?

Last sold for AED 1,138,760 in 2022

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3 Feb 2026RentedRenewal
AED 85,000/yr12 months · AED 127 per sqft
3 Feb 2025RentedRenewal
AED 80,000/yr12 months · AED 120 per sqft
3 Feb 2025RentedRenewal
AED 80,000/yr12 months · AED 120 per sqft
3 Feb 2024RentedNew contract
AED 75,000/yr12 months · AED 112 per sqft
30 Jan 2023RentedNew contract
AED 70,000/yr12 months · AED 105 per sqft
23 Nov 2022Sold by developerReady
AED 1,138,760AED 1,705 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
6th of 29
Parking
B3-046
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.14M · November 2022
Building
Merano Tower

About 618, Merano Tower

618 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 23 November 2022 for AED 1,138,760, or AED 1,705 per sqft, 22% above the AED 1,394 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 3 February 2026, is AED 85,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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, November 2022: AED 1,138,760 (AED 1,705 per sqft)

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

Rents
Unit 618, 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, January 2023: AED 70,000 a yearNew contract, February 2024: AED 75,000 a yearRenewal, February 2025: AED 80,000 a yearRenewal, February 2025: AED 80,000 a yearRenewal, February 2026: AED 85,000 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 618 sits

All 397 1-beds →

618 last sold in November 2022 at AED 1,705 per sqft, 22% above what one-beds in Merano Tower were fetching at the time (AED 1,394). 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. 618's AED 85,000 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

618, Merano Tower in numbers

  • Sold once: by DAMAC on 23 November 2022 for AED 1,138,760, or AED 1,705 per sqft.
  • Rented since January 2023 on 5 Ejari contracts, from AED 70,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 7.5%, 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 3 February 2026.

Questions about 618, Merano Tower

What did unit 618 last sell for?

AED 1,138,760 on 23 November 2022, sold by the developer: AED 1,705 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 618?

AED 85,000 a year on the contract renewed on 3 February 2026. The previous contract, from February 2025, was AED 80,000; the unit has been rented since January 2023.

How big is unit 618?

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

What is unit 618 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 618, Merano Tower

Starts from the last sale price (AED 1.14M, 23 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,138,760
Deposit, UAE resident (20%)
AED 227,752
Deposit, non-resident (40%)
AED 455,504
Monthly over 25 years at 3.7%
AED 4,659

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