1-bed · 771 sqftMerano Tower, Business Bay · 9th floor · completed 2020

908, Merano Tower

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 1.15M22 February 2024
Current rentAED 85K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Merano Tower

What is 908 worth today?

Last sold for AED 1,150,000 in 2024

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18 Sep 2026RentedNew contract
AED 85,000/yr12 months · AED 110 per sqft
21 Sep 2025RentedRenewal
AED 105,000/yr12 months · AED 137 per sqft
21 Sep 2024RentedNew contract
AED 105,000/yr12 months · AED 135 per sqft
1 May 2024RentedNew contract
AED 105,000/yr12 months · AED 135 per sqft
22 Feb 2024SoldReady
AED 1,150,000AED 1,490 per sqft
15 Sep 2022RentedRenewal
AED 68,000/yr6 months · AED 88 per sqft
15 Sep 2021RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
15 Sep 2020RentedNew contract
AED 52,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
9th of 29
Parking
B3-080
Developer
DAMAC
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 1.15M · February 2024
Building
Merano Tower

About 908, Merano Tower

908 is a one-bedroom apartment of 771 sqft on the 9th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 22 February 2024 for AED 1,150,000, or AED 1,490 per sqft, in line with the AED 1,506 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 18 September 2026, is AED 85,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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, December 2017: AED 1,290,100 (AED 1,672 per sqft)Sold, February 2024: AED 1,150,000 (AED 1,490 per sqft)

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

Rents
Unit 908, each contractTypical one-bed in Merano Tower
50K100K2020202220242026Typical 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, September 2020: AED 52,000 a yearRenewal, September 2021: AED 55,000 a yearRenewal, September 2022: AED 68,000 a yearNew contract, May 2024: AED 105,000 a yearNew contract, September 2024: AED 105,000 a yearRenewal, September 2025: AED 105,000 a yearNew contract, September 2026: AED 85,000 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 908 sits

All 397 1-beds →

908 last sold in February 2024 at AED 1,490 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,506). 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. 908's AED 85,000 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
9031-bedAED 1.01M · Jul 2021
904StudioAED 659K · May 2018
9051-bedAED 1.08M · Nov 2017
906StudioAED 790K · Jun 2025
9071-bedAED 1.08M · Jun 2016
1–7 of 20

908, Merano Tower in numbers

  • Sold twice: first on 27 December 2017 for AED 1,290,100, last on 22 February 2024 for AED 1,150,000 (AED 1,490 per sqft).
  • Rented since September 2020 on 7 Ejari contracts, from AED 52,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 14,700 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 18 September 2026.

Questions about 908, Merano Tower

What did unit 908 last sell for?

AED 1,150,000 on 22 February 2024: AED 1,490 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 1,290,100 in December 2017.

What is the rent for unit 908?

AED 85,000 a year on the contract signed on 18 September 2026. The previous contract, from September 2025, was AED 105,000; the unit has been rented since September 2020.

How big is unit 908?

771 sqft (71.6 sqm): a one-bedroom apartment on the 9th floor of a 29-storey tower completed in 2020.

What is unit 908 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 908, Merano Tower

Starts from the last sale price (AED 1.15M, 22 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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