3-bed · 1,455 sqftMerano Tower, Business Bay · 8th floor · completed 2020

817, Merano Tower

Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 817 · DLD and Ejari recordsUpdated 13 December 2025
Last soldAED 2.2M3 November 2023
Current rentAED 190K /yr13 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 817, Merano Tower

What is 817 worth today?

Last sold for AED 2,200,000 in 2023

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13 Dec 2025RentedNew contract
AED 190,000/yr12 months · AED 131 per sqft
1 Jun 2024RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
3 Nov 2023SoldReady
AED 2,200,000AED 1,512 per sqft
12 Sep 2023SoldReady
AED 1,815,000AED 1,247 per sqft
27 Jun 2016Sold by developerOff-plan
AED 2,257,720AED 2,668 per sqft

Source: Dubai Land Department. Updated 13 December 2025.

Key facts

Type
3-bed apartment
Size
1,455 sqft
Floor
8th of 29
Parking
B2-157, B2-158
Developer
DAMAC
Completed
2020
Service charge
AED 27,700 /yr
Last sold
AED 2.2M · November 2023
Building
Merano Tower

About 817, Merano Tower

817 is a three-bedroom apartment of 1,455 sqft on the 8th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 3 November 2023 for AED 2,200,000, or AED 1,512 per sqft, in line with the AED 1,512 three-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 13 December 2025, is AED 190,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 27,700 a year.

Sales and rents for 817 over time

Sales
Unit 817, each saleTypical three-bed in Merano Tower
1.75M2M2.25M201620192022Typical sale price by year: 2016 AED 2,289,860; 2017 AED 2,309,000; 2023 AED 2,200,000Sold by developer, June 2016: AED 2,257,720 (AED 2,668 per sqft)Sold, September 2023: AED 1,815,000 (AED 1,247 per sqft)Sold, November 2023: AED 2,200,000 (AED 1,512 per sqft)

817 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 817, each contractTypical three-bed in Merano Tower
100K150K200K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 115,000; 2023 AED 127,500; 2024 AED 135,000; 2025 AED 142,000; 2026 AED 135,000New contract, June 2024: AED 100,000 a yearNew contract, December 2025: AED 190,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Merano Tower, and where 817 sits

All 11 3-beds →

817 last sold in November 2023 at AED 1,512 per sqft, in line with what three-beds in Merano Tower were fetching at the time (AED 1,512). 817's AED 190,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Feb 20252,375,000
14 Jan 20253,008,000
3 Aug 20232,200,000
21 Mar 20222,007,000
0 3-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
Value
8011-bedAED 965K · Feb 2017
8021-bedAED 970K · Oct 2023
8031-bedAED 900K · May 2023
804StudioAED 750K · May 2025
8051-bedAED 1.15M · Mar 2025
806StudioAED 579K · Jan 2018
8071-bedAED 1.11M · Sep 2025
1–7 of 19

817, Merano Tower in numbers

  • Sold 3 times: first on 27 June 2016 for AED 2,257,720, last on 3 November 2023 for AED 2,200,000 (AED 1,512 per sqft).
  • Rented since June 2024 on 2 Ejari contracts, from AED 100,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 27,700 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 13 December 2025.

Questions about 817, Merano Tower

What did unit 817 last sell for?

AED 2,200,000 on 3 November 2023: AED 1,512 per sqft for 1,455 sqft. The unit has 3 registered sales; the first was AED 2,257,720 in June 2016.

What is the rent for unit 817?

AED 190,000 a year on the contract signed on 13 December 2025. The previous contract, from June 2024, was AED 100,000.

How big is unit 817?

1,455 sqft (135.2 sqm): a three-bedroom apartment on the 8th floor of a 29-storey tower completed in 2020.

What is unit 817 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 817, Merano Tower

Starts from the last sale price (AED 2.2M, 3 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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