Home
Dubai prices
About
Research
1-bed · 670 sqftMerano Tower, Business Bay · 9th floor · completed 2020

903, Merano Tower

Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 30 September 2025
Last soldAED 1.01M6 July 2021
Current rentAED 75K /yr30 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 903

Property timeline for 903, Merano Tower

What is 903 worth today?

Last sold for AED 1,005,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 112 per sqft
1 Sep 2024RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
22 Jul 2023RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
6 Jul 2021Sold by developerReady
AED 1,005,000AED 1,500 per sqft

Source: Dubai Land Department. Updated 30 September 2025.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
9th of 29
Parking
B4-042
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.01M · July 2021
Building
Merano Tower

About 903, Merano Tower

903 is a one-bedroom apartment of 670 sqft on the 9th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 6 July 2021 for AED 1,005,000, or AED 1,500 per sqft, 26% above the AED 1,186 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 30 September 2025, is AED 75,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 12,700 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical 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, July 2021: AED 1,005,000 (AED 1,500 per sqft)

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

Rents
Unit 903, 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, July 2023: AED 55,000 a yearNew contract, September 2024: AED 80,000 a yearNew contract, September 2025: AED 75,000 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 903 sits

All 397 1-beds →

903 last sold in July 2021 at AED 1,500 per sqft, 26% above what one-beds in Merano Tower were fetching at the time (AED 1,186). 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. 903's AED 75,000 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 9th floor

All 574 units in Merano Tower
Value
9011-bedAED 830K · Nov 2016
9021-bedAED 1.1M · Mar 2024
904StudioAED 659K · May 2018
9051-bedAED 1.08M · Nov 2017
906StudioAED 790K · Jun 2025
9071-bedAED 1.08M · Jun 2016
9081-bedAED 1.15M · Feb 2024
1–7 of 20

903, Merano Tower in numbers

  • Sold once: by DAMAC on 6 July 2021 for AED 1,005,000, or AED 1,500 per sqft.
  • Rented since July 2023 on 3 Ejari contracts, from AED 55,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 7.5%, 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 30 September 2025.

Questions about 903, Merano Tower

What did unit 903 last sell for?

AED 1,005,000 on 6 July 2021, sold by the developer: AED 1,500 per sqft for 670 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 75,000 a year on the contract signed on 30 September 2025. The previous contract, from September 2024, was AED 80,000; the unit has been rented since July 2023.

How big is unit 903?

670 sqft (62.2 sqm): a one-bedroom apartment on the 9th floor of a 29-storey tower completed in 2020.

What is unit 903 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.

Selling 903? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 903, Merano Tower

Starts from the last sale price (AED 1.01M, 6 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,005,000
Deposit, UAE resident (20%)
AED 201,000
Deposit, non-resident (40%)
AED 402,000
Monthly over 25 years at 3.7%
AED 4,112

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