620, Merano Tower
Sold prices and rental history: sold once, by the developer in August 2016, 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 620, Merano Tower
What is 620 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 28 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 6th of 29
- Parking
- B4-035
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 560K · August 2016
- Building
- Merano Tower
About 620, Merano Tower
620 is a studio of 334 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 1 August 2016 for AED 559,968, or AED 1,675 per sqft, in line with the AED 1,698 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 28 October 2025, is AED 65,000 a year: a gross yield of 11.6% on the 2016 price, before the service charge of about AED 6,400 a year.
Sales and rents for 620 over time
620 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Merano Tower, and where 620 sits
All 82 studios →620 last sold in August 2016 at AED 1,675 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,698). 620's AED 65,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
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 | |
| 616 | 1-bed | 662 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 75,000 /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 | |
| 617A | 1-bed | 753 sqft | AED 1.24MAED 1,235,000 · Mar 2022March 2022 | 100,000 /yr |
620, Merano Tower in numbers
- Sold once: by DAMAC on 1 August 2016 for AED 559,968, or AED 1,675 per sqft.
- Rented since October 2020 on 6 Ejari contracts, from AED 42,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2016 price is 11.6%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 28 October 2025.
Questions about 620, Merano Tower
What did unit 620 last sell for?
AED 559,968 on 1 August 2016, sold by the developer: AED 1,675 per sqft for 334 sqft. It is the only registered sale of the unit.
What is the rent for unit 620?
AED 65,000 a year on the contract renewed on 28 October 2025. The previous contract, from October 2024, was AED 65,000; the unit has been rented since October 2020.
How big is unit 620?
334 sqft (31.0 sqm): a studio on the 6th floor of a 29-storey tower completed in 2020.
What is unit 620 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 620? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 620, Merano Tower
Starts from the last sale price (AED 560K, 1 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 559,968
- Deposit, UAE resident (20%)
- AED 111,994
- Deposit, non-resident (40%)
- AED 223,987
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →