708, Merano Tower
Sold prices and rental history: sold once, by the developer in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Merano Tower
What is 708 worth today?
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Source: Dubai Land Department. Updated 23 September 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 771 sqft
- Floor
- 7th of 29
- Parking
- B3-053
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.12M · September 2021
- Building
- Merano Tower
About 708, Merano Tower
708 is a one-bedroom apartment of 771 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 23 September 2021 for AED 1,123,000, or AED 1,455 per sqft, 21% above the AED 1,199 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 708 over time
708 has sold once; 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 708 sits
All 397 1-beds →708 last sold in September 2021 at AED 1,455 per sqft, 21% above what one-beds in Merano Tower were fetching at the time (AED 1,199). 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.
| 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 | |
| 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 | |
| 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 |
708, Merano Tower in numbers
- Sold once: by DAMAC on 23 September 2021 for AED 1,123,000, or AED 1,455 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 23 September 2021.
Questions about 708, Merano Tower
What did unit 708 last sell for?
AED 1,123,000 on 23 September 2021, sold by the developer: AED 1,455 per sqft for 771 sqft. It is the only registered sale of the unit.
How big is unit 708?
771 sqft (71.6 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2020.
What is unit 708 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 708, Merano Tower
Starts from the last sale price (AED 1.12M, 23 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,123,000
- Deposit, UAE resident (20%)
- AED 224,600
- Deposit, non-resident (40%)
- AED 449,200
- Monthly over 25 years at 3.7%
- AED 4,595
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →