703, Merano Tower
Sold prices and rental history: sold twice, last in July 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Merano Tower
What is 703 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 27 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 670 sqft
- Floor
- 7th of 29
- Parking
- B3-050
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,700 /yr
- Last sold
- AED 965K · July 2026
- Building
- Merano Tower
About 703, Merano Tower
703 is a one-bedroom apartment of 670 sqft on the 7th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 27 July 2026 for AED 965,000, or AED 1,440 per sqft, 10% below the AED 1,606 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 August 2025, is AED 80,000 a year: a gross yield of 8.3% on the 2026 price, before the service charge of about AED 12,700 a year.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the one-bed median of each year in the building.
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 703 sits
All 397 1-beds →703 last sold in July 2026 at AED 1,440 per sqft, 10% below 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. 703's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 7th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 616 sqft | AED 990KAED 990,000 · Dec 2025December 2025 | 68,000 /yr | |
| 702 | 1-bed | 663 sqft | AED 1.06MAED 1,061,000 · Apr 2017April 2017 | 70,000 /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 |
703, Merano Tower in numbers
- Sold twice: first on 21 March 2017 for AED 1,061,000, last on 27 July 2026 for AED 965,000 (AED 1,440 per sqft).
- Rented since June 2021 on 5 Ejari contracts, from AED 48,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2026 price is 8.3%, 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 27 July 2026.
Questions about 703, Merano Tower
What did unit 703 last sell for?
AED 965,000 on 27 July 2026: AED 1,440 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,061,000 in March 2017.
What is the rent for unit 703?
AED 80,000 a year on the contract signed on 1 August 2025. The previous contract, from August 2024, was AED 78,000; the unit has been rented since June 2021.
How big is unit 703?
670 sqft (62.2 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2020.
What is unit 703 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.
Selling 703? 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 703, Merano Tower
Starts from the last sale price (AED 965K, 27 July 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 965,000
- Deposit, UAE resident (20%)
- AED 193,000
- Deposit, non-resident (40%)
- AED 386,000
- Monthly over 25 years at 3.7%
- AED 3,948
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →