1-bed · 669 sqftMerano Tower, Business Bay · 7th floor · completed 2020

705, 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 once, by the developer in April 2017, 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 705 · DLD and Ejari recordsUpdated 25 July 2026

Last soldAED 1.06M10 April 2017

Current rentAED 65K /yr25 July 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 705, Merano Tower

Today

What is 705 worth today?

Last sold for AED 1,061,000 in 2017

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25 Jul 2026

25 Jul 2026RentedNew contract

AED 65,000/yr12 months · AED 97 per sqft

15 Oct 2025

15 Oct 2025RentedRenewal

AED 69,090/yr12 months · AED 104 per sqft

15 Oct 2024

15 Oct 2024RentedRenewal

AED 65,800/yr12 months · AED 99 per sqft

15 Oct 2023

15 Oct 2023RentedNew contract

AED 57,300/yr12 months · AED 86 per sqft

15 Oct 2022

15 Oct 2022RentedRenewal

AED 57,300/yr12 months · AED 86 per sqft

15 Oct 2021

15 Oct 2021RentedNew contract

AED 53,000/yr12 months · AED 79 per sqft

15 Jul 2021

15 Jul 2021RentedNew contract

AED 48,000/yr12 months · AED 72 per sqft

4 Aug 2020

4 Aug 2020RentedNew contract

AED 43,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type: 1-bed apartment
Size: 669 sqft
Floor: 7th of 29
Parking: B3-051
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.06M · April 2017
Building: Merano Tower

About 705, Merano Tower

705 is a one-bedroom apartment of 669 sqft on the 7th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 10 April 2017 for AED 1,061,000, or AED 1,585 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 25 July 2026, is AED 65,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 12,700 a year.

Sales and rents for 705 over time

Sales

Unit 705, each saleTypical one-bed in Merano Tower

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

Rents

Unit 705, 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 705 sits

All 397 1-beds →

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

705 last sold in April 2017 at AED 1,585 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,599). 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. 705's AED 65,000 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


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
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
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

705, Merano Tower in numbers

Sold once: by DAMAC on 10 April 2017 for AED 1,061,000, or AED 1,585 per sqft.
Rented since August 2020 on 8 Ejari contracts, from AED 43,000 to AED 65,000 a year.
At AED 65,000 a year the gross yield on the 2017 price is 6.1%, 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 25 July 2026.

Questions about 705, Merano Tower

What did unit 705 last sell for?

AED 1,061,000 on 10 April 2017, sold by the developer: AED 1,585 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 65,000 a year on the contract signed on 25 July 2026. The previous contract, from October 2025, was AED 69,090; the unit has been rented since August 2020.

How big is unit 705?

669 sqft (62.2 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2020.

What is unit 705 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 705, Merano Tower

Starts from the last sale price (AED 1.06M, 10 April 2017). Switch to today's estimate once you have unlocked it.

Price: AED 1,061,000
Deposit, UAE resident (20%): AED 212,200
Deposit, non-resident (40%): AED 424,400
Monthly over 25 years at 3.7%: AED 4,341

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