803, Merano Tower
Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Merano Tower
What is 803 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 670 sqft
- Floor
- 8th of 29
- Parking
- B3-065
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,700 /yr
- Last sold
- AED 900K · May 2023
- Building
- Merano Tower
About 803, Merano Tower
803 is a one-bedroom apartment of 670 sqft on the 8th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 9 May 2023 for AED 900,000, or AED 1,343 per sqft, 10% below the AED 1,488 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 August 2026, is AED 65,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 803 over time
803 has sold 3 times; 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 803 sits
All 397 1-beds →803 last sold in May 2023 at AED 1,343 per sqft, 10% below what one-beds in Merano Tower were fetching at the time (AED 1,488). 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. 803's AED 65,000 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 8th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 616 sqft | AED 965KAED 965,000 · Feb 2017February 2017 | 75,000 /yr | |
| 802 | 1-bed | 670 sqft | AED 970KAED 970,000 · Oct 2023October 2023 | 75,000 /yr | |
| 804 | Studio | 398 sqft | AED 750KAED 750,000 · May 2025May 2025 | 50,000 /yr | |
| 805 | 1-bed | 669 sqft | AED 1.15MAED 1,150,000 · Mar 2025March 2025 | 70,000 /yr | |
| 806 | Studio | 327 sqft | AED 579KAED 579,000 · Jan 2018January 2018 | 63,000 /yr | |
| 807 | 1-bed | 668 sqft | AED 1.11MAED 1,110,000 · Sep 2025September 2025 | 70,000 /yr | |
| 808 | 1-bed | 771 sqft | AED 1.33MAED 1,330,000 · Dec 2022December 2022 | ||
| 809 | 1-bed | 644 sqft | AED 760KAED 759,500 · Jan 2021January 2021 | 75,000 /yr | |
| 810 | 1-bed | 322 sqft | AED 1.04MAED 1,036,680 · Jun 2016June 2016 | 73,000 /yr | |
| 811 | 1-bed | 644 sqft | AED 1.05MAED 1,050,000 · Jun 2024June 2024 | 68,000 /yr | |
| 812 | 1-bed | 644 sqft | AED 886KAED 885,920 · Dec 2021December 2021 | 65,000 /yr | |
| 813 | 2-bed | 891 sqft | AED 1.48MAED 1,475,000 · May 2024May 2024 | 100,000 /yr | |
| 814 | 2-bed | 956 sqft | AED 1.4MAED 1,400,000 · Apr 2025April 2025 | 100,000 /yr | |
| 815 | 2-bed | 991 sqft | AED 1.36MAED 1,363,000 · Dec 2021December 2021 | 105,000 /yr | |
| 816 | 1-bed | 662 sqft | AED 1.05MAED 1,054,400 · Dec 2016December 2016 | 79,558 /yr | |
| 817 | 3-bed | 1,455 sqft | AED 2.2MAED 2,200,000 · Nov 2023November 2023 | 190,000 /yr | |
| 818 | 1-bed | 668 sqft | AED 1.08MAED 1,078,400 · Dec 2016December 2016 | 80,000 /yr | |
| 819 | 1-bed | 668 sqft | AED 733KAED 733,222 · Sep 2020September 2020 | 79,000 /yr | |
| 820 | Studio | 334 sqft | AED 563KAED 562,637 · Aug 2016August 2016 | 65,000 /yr |
803, Merano Tower in numbers
- Sold 3 times: first on 13 December 2017 for AED 1,083,000, last on 9 May 2023 for AED 900,000 (AED 1,343 per sqft).
- Rented since September 2020 on 6 Ejari contracts, from AED 44,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 7.2%, 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 August 2026.
Questions about 803, Merano Tower
What did unit 803 last sell for?
AED 900,000 on 9 May 2023: AED 1,343 per sqft for 670 sqft. The unit has 3 registered sales; the first was AED 1,083,000 in December 2017.
What is the rent for unit 803?
AED 65,000 a year on the contract signed on 1 August 2026. The previous contract, from July 2025, was AED 75,000; the unit has been rented since September 2020.
How big is unit 803?
670 sqft (62.2 sqm): a one-bedroom apartment on the 8th floor of a 29-storey tower completed in 2020.
What is unit 803 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 803, Merano Tower
Starts from the last sale price (AED 900K, 9 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →