1-bed · 616 sqftMerano Tower, Business Bay · 7th floor · completed 2020

701, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold 3 times, last in December 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 701 · DLD and Ejari recordsUpdated 30 December 2025

Last soldAED 990K30 December 2025

Current rentAED 68K /yr10 September 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 701, Merano Tower

Today

What is 701 worth today?

Last sold for AED 990,000 in 2025

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30 Dec 2025

30 Dec 2025SoldReady

AED 990,000AED 1,606 per sqft

10 Sep 2024

10 Sep 2024RentedNew contract

AED 68,000/yr12 months · AED 111 per sqft

23 Apr 2023

23 Apr 2023RentedRenewal

AED 65,000/yr12 months · AED 106 per sqft

23 Apr 2023

23 Apr 2023RentedNew contract

AED 65,000/yr12 months · AED 106 per sqft

23 Apr 2022

23 Apr 2022RentedNew contract

AED 65,000/yr12 months · AED 106 per sqft

22 Nov 2021

22 Nov 2021SoldReady

AED 750,000AED 1,216 per sqft

7 Jul 2020

7 Jul 2020RentedNew contract

AED 47,500/yr12 months · AED 77 per sqft

21 Mar 2017

21 Mar 2017Sold by developerOff-plan

AED 965,000AED 1,565 per sqft

Source: Dubai Land Department. Updated 30 December 2025.

Key facts

Type: 1-bed apartment
Size: 616 sqft
Floor: 7th of 29
Parking: B3-048
Developer: DAMAC
Completed: 2020
Service charge: AED 11,700 /yr
Last sold: AED 990K · December 2025
Building: Merano Tower

About 701, Merano Tower

701 is a one-bedroom apartment of 616 sqft on the 7th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 30 December 2025 for AED 990,000, or AED 1,606 per sqft, in line with the AED 1,584 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 10 September 2024, is AED 68,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 11,700 a year.

Sales and rents for 701 over time

Sales

Unit 701, each saleTypical one-bed in Merano Tower

701 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents

Unit 701, each contractTypical one-bed in Merano Tower

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 701 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

701 last sold in December 2025 at AED 1,606 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,584). 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. 701's AED 68,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 7th floor

All 574 units in Merano Tower


702	1-bed	663 sqft	AED 1.06MAED 1,061,000 · Apr 2017April 2017	70,000 /yr
703	1-bed	670 sqft	AED 965KAED 965,000 · Jul 2026July 2026	80,000 /yr
704	Studio	398 sqft	AED 709KAED 709,000 · Sep 2022September 2022	60,000 /yr
705	1-bed	669 sqft	AED 1.06MAED 1,061,000 · Apr 2017April 2017	65,000 /yr
706	Studio	331 sqft	AED 537KAED 537,000 · Jun 2020June 2020	38,640 /yr
707	1-bed	668 sqft	AED 1.06MAED 1,061,000 · Nov 2017November 2017	100,000 /yr
708	1-bed	771 sqft	AED 1.12MAED 1,123,000 · Sep 2021September 2021
709	1-bed	644 sqft	AED 1MAED 1,000,000 · Jul 2024July 2024	69,000 /yr
710	1-bed	644 sqft	AED 1.15MAED 1,150,000 · Mar 2026March 2026
711	1-bed	635 sqft	AED 1.02MAED 1,018,000 · Aug 2017August 2017	70,131 /yr
712	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Aug 2017August 2017	68,736 /yr
713	2-bed	891 sqft	AED 1.43MAED 1,428,000 · Mar 2017March 2017	105,000 /yr
714	2-bed	956 sqft	AED 1.51MAED 1,509,000 · Dec 2016December 2016	130,000 /yr
715	2-bed	991 sqft	AED 1.57MAED 1,573,000 · Apr 2017April 2017	60,000 /yr
716	1-bed	662 sqft	AED 1.05MAED 1,050,000 · Dec 2024December 2024	85,000 /yr
717	1-bed	668 sqft	AED 1.13MAED 1,128,000 · Jul 2023July 2023
718	1-bed	668 sqft	AED 1.06MAED 1,060,000 · May 2017May 2017
719	1-bed	668 sqft	AED 1.08MAED 1,075,000 · Nov 2024November 2024	80,000 /yr
720	Studio	334 sqft	AED 596KAED 596,000 · Dec 2016December 2016	50,000 /yr
717A	1-bed	753 sqft	AED 1.26MAED 1,264,200 · Nov 2022November 2022	67,000 /yr

1–7 of 20

701, Merano Tower in numbers

Sold 3 times: first on 21 March 2017 for AED 965,000, last on 30 December 2025 for AED 990,000 (AED 1,606 per sqft).
Rented since July 2020 on 5 Ejari contracts, from AED 47,500 to AED 68,000 a year.
At AED 68,000 a year the gross yield on the 2025 price is 6.9%, before a service charge of about AED 11,700 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 30 December 2025.

Questions about 701, Merano Tower

What did unit 701 last sell for?

AED 990,000 on 30 December 2025: AED 1,606 per sqft for 616 sqft. The unit has 3 registered sales; the first was AED 965,000 in March 2017.

What is the rent for unit 701?

AED 68,000 a year on the contract signed on 10 September 2024. The previous contract, from April 2023, was AED 65,000; the unit has been rented since July 2020.

How big is unit 701?

616 sqft (57.2 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2020.

What is unit 701 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 701, Merano Tower

Starts from the last sale price (AED 990K, 30 December 2025). Switch to today's estimate once you have unlocked it.

Price: AED 990,000
Deposit, UAE resident (20%): AED 198,000
Deposit, non-resident (40%): AED 396,000
Monthly over 25 years at 3.7%: AED 4,050

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