1-bed · 753 sqftMerano Tower, Business Bay · 7th floor · completed 2020

717A, Merano Tower

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 717A · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 1.26M15 November 2022
Current rentAED 67K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 717A, Merano Tower

What is 717A worth today?

Last sold for AED 1,264,200 in 2022

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12 Sep 2026RentedNew contract
AED 67,000/yr12 months · AED 89 per sqft
10 Mar 2026RentedNew contract
AED 77,000/yr12 months · AED 102 per sqft
10 Mar 2025RentedNew contract
AED 77,000/yr12 months · AED 102 per sqft
10 Mar 2025RentedNew contract
AED 77,000/yr12 months · AED 102 per sqft
14 Feb 2024RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
14 Feb 2023RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
15 Nov 2022Sold by developerReady
AED 1,264,200AED 1,679 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
7th of 29
Parking
B3-060
Developer
DAMAC
Completed
2020
Service charge
AED 14,300 /yr
Last sold
AED 1.26M · November 2022
Building
Merano Tower

About 717A, Merano Tower

717A is a one-bedroom apartment of 753 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 15 November 2022 for AED 1,264,200, or AED 1,679 per sqft, 21% above the AED 1,390 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, signed on 12 September 2026, is AED 67,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 14,300 a year.

Sales and rents for 717A over time

Sales
Unit 717A, each saleTypical one-bed in Merano Tower
750K1M1.25M2016201920222025Typical sale price by year: 2016 AED 1,061,015; 2017 AED 1,061,000; 2018 AED 1,069,110; 2019 AED 1,098,000; 2020 AED 995,000; 2021 AED 805,000; 2022 AED 982,000; 2023 AED 970,000; 2024 AED 1,100,000; 2025 AED 1,060,000; 2026 AED 1,075,000Sold by developer, November 2022: AED 1,264,200 (AED 1,679 per sqft)

717A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 717A, each contractTypical one-bed in Merano Tower
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 48,000; 2022 AED 59,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 75,000New contract, February 2023: AED 75,000 a yearNew contract, February 2024: AED 80,000 a yearNew contract, March 2025: AED 77,000 a yearNew contract, March 2025: AED 77,000 a yearNew contract, March 2026: AED 77,000 a yearNew contract, September 2026: AED 67,000 a year

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 717A sits

All 397 1-beds →

717A last sold in November 2022 at AED 1,679 per sqft, 21% above what one-beds in Merano Tower were fetching at the time (AED 1,390). 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. 717A's AED 67,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 20261,040,000
28 Sep 20261,000,000
28 Sep 20261,000,000
18 Sep 2026990,000
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
Value
7011-bedAED 990K · Dec 2025
7021-bedAED 1.06M · Apr 2017
7031-bedAED 965K · Jul 2026
704StudioAED 709K · Sep 2022
7051-bedAED 1.06M · Apr 2017
706StudioAED 537K · Jun 2020
7071-bedAED 1.06M · Nov 2017
1–7 of 20

717A, Merano Tower in numbers

  • Sold once: by DAMAC on 15 November 2022 for AED 1,264,200, or AED 1,679 per sqft.
  • Rented since February 2023 on 6 Ejari contracts, from AED 75,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 14,300 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 12 September 2026.

Questions about 717A, Merano Tower

What did unit 717A last sell for?

AED 1,264,200 on 15 November 2022, sold by the developer: AED 1,679 per sqft for 753 sqft. It is the only registered sale of the unit.

What is the rent for unit 717A?

AED 67,000 a year on the contract signed on 12 September 2026. The previous contract, from March 2026, was AED 77,000; the unit has been rented since February 2023.

How big is unit 717A?

753 sqft (70.0 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2020.

What is unit 717A 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 717A, Merano Tower

Starts from the last sale price (AED 1.26M, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,264,200
Deposit, UAE resident (20%)
AED 252,840
Deposit, non-resident (40%)
AED 505,680
Monthly over 25 years at 3.7%
AED 5,172

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