1-bed · 668 sqftMerano Tower, Business Bay · 7th floor · completed 2020

707, 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 November 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 707 · DLD and Ejari recordsUpdated 1 September 2026

Last soldAED 1.06M22 November 2017

Current rentAED 100K /yr1 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 707, Merano Tower

Today

What is 707 worth today?

Last sold for AED 1,061,000 in 2017

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1 Sep 2026

1 Sep 2026RentedRenewal

AED 100,000/yr12 months · AED 150 per sqft

16 Feb 2026

16 Feb 2026RentedNew contract

AED 80,000/yr12 months · AED 120 per sqft

1 Sep 2025

1 Sep 2025RentedNew contract

AED 80,000/yr12 months · AED 120 per sqft

30 Mar 2024

30 Mar 2024RentedRenewal

AED 77,000/yr12 months · AED 115 per sqft

30 Mar 2023

30 Mar 2023RentedNew contract

AED 73,000/yr12 months · AED 109 per sqft

30 Jan 2022

30 Jan 2022RentedRenewal

AED 60,000/yr12 months · AED 90 per sqft

30 Jan 2021

30 Jan 2021RentedNew contract

AED 50,000/yr12 months · AED 75 per sqft

22 Nov 2017

22 Nov 2017Sold by developerOff-plan

AED 1,061,000AED 1,588 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type: 1-bed apartment
Size: 668 sqft
Floor: 7th of 29
Parking: B3-052
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.06M · November 2017
Building: Merano Tower

About 707, Merano Tower

707 is a one-bedroom apartment of 668 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 22 November 2017 for AED 1,061,000, or AED 1,588 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 2021 on 7 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 100,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 12,700 a year.

Sales and rents for 707 over time

Sales

Unit 707, each saleTypical one-bed in Merano Tower

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

Rents

Unit 707, 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 707 sits

All 397 1-beds →

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

707 last sold in November 2017 at AED 1,588 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. 707's AED 100,000 is in the upper 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
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
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

707, Merano Tower in numbers

Sold once: by DAMAC on 22 November 2017 for AED 1,061,000, or AED 1,588 per sqft.
Rented since January 2021 on 7 Ejari contracts, from AED 50,000 to AED 100,000 a year.
At AED 100,000 a year the gross yield on the 2017 price is 9.4%, 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 1 September 2026.

Questions about 707, Merano Tower

What did unit 707 last sell for?

AED 1,061,000 on 22 November 2017, sold by the developer: AED 1,588 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 100,000 a year on the contract renewed on 1 September 2026. The previous contract, from February 2026, was AED 80,000; the unit has been rented since January 2021.

How big is unit 707?

668 sqft (62.1 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2020.

What is unit 707 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 707, Merano Tower

Starts from the last sale price (AED 1.06M, 22 November 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 →