1-bed · 662 sqftMerano Tower, Business Bay · 8th floor · completed 2020

816, 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 December 2016, 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 816 · DLD and Ejari recordsUpdated 8 October 2026

Last soldAED 1.05M6 December 2016

Current rentAED 80K /yr8 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 816, Merano Tower

Today

What is 816 worth today?

Last sold for AED 1,054,400 in 2016

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8 Oct 2026

8 Oct 2026RentedRenewal

AED 79,558/yr6 months · AED 120 per sqft

8 Oct 2025

8 Oct 2025RentedNew contract

AED 85,000/yr12 months · AED 128 per sqft

12 Feb 2024

12 Feb 2024RentedNew contract

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

15 Apr 2022

15 Apr 2022RentedRenewal

AED 51,891/yr4 months · AED 78 per sqft

15 Apr 2021

15 Apr 2021RentedNew contract

AED 45,000/yr12 months · AED 68 per sqft

6 Dec 2016

6 Dec 2016Sold by developerOff-plan

AED 1,054,400AED 1,591 per sqft

Source: Dubai Land Department. Updated 8 October 2026.

Key facts

Type: 1-bed apartment
Size: 662 sqft
Floor: 8th of 29
Parking: B3-073
Developer: DAMAC
Completed: 2020
Service charge: AED 12,600 /yr
Last sold: AED 1.05M · December 2016
Building: Merano Tower

About 816, Merano Tower

816 is a one-bedroom apartment of 662 sqft on the 8th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 6 December 2016 for AED 1,054,400, or AED 1,591 per sqft, in line with the AED 1,600 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 8 October 2026, is AED 79,558 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 816 over time

Sales

Unit 816, each saleTypical one-bed in Merano Tower

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

Rents

Unit 816, 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 816 sits

All 397 1-beds →

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

816 last sold in December 2016 at AED 1,591 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,600). 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. 816's AED 79,558 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 8th floor

All 574 units in Merano Tower


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
803	1-bed	670 sqft	AED 900KAED 900,000 · May 2023May 2023	65,000 /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
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

1–7 of 19

816, Merano Tower in numbers

Sold once: by DAMAC on 6 December 2016 for AED 1,054,400, or AED 1,591 per sqft.
Rented since April 2021 on 5 Ejari contracts, from AED 45,000 to AED 79,558 a year.
At AED 79,558 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 12,600 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 8 October 2026.

Questions about 816, Merano Tower

What did unit 816 last sell for?

AED 1,054,400 on 6 December 2016, sold by the developer: AED 1,591 per sqft for 662 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 79,558 a year on the contract renewed on 8 October 2026. The previous contract, from October 2025, was AED 85,000; the unit has been rented since April 2021.

How big is unit 816?

662 sqft (61.5 sqm): a one-bedroom apartment on the 8th floor of a 29-storey tower completed in 2020.

What is unit 816 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 816, Merano Tower

Starts from the last sale price (AED 1.05M, 6 December 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,054,400
Deposit, UAE resident (20%): AED 210,880
Deposit, non-resident (40%): AED 421,760
Monthly over 25 years at 3.7%: AED 4,314

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