1110, Meera Tower
Sold prices and rental history: sold once, by the developer in July 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 1110, Meera Tower
What is 1110 worth today?
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Source: Dubai Land Department. Updated 10 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,500 sqft
- Floor
- 11th of 44
- Parking
- B-194
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 28,500 /yr
- Last sold
- AED 3.26M · July 2023
- Building
- Meera Tower
About 1110, Meera Tower
1110 is a two-bedroom apartment of 1,500 sqft on the 11th floor of Meera Tower, a 44-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. The developer sold it on 10 July 2023 for AED 3,257,611, or AED 2,171 per sqft, in line with the AED 2,174 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 155,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 28,500 a year.
Sales and rents for 1110 over time
1110 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Meera Tower, and where 1110 sits
All 75 2-beds →1110 last sold in July 2023 at AED 2,171 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,174). 1110's AED 155,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202430 October 2024 | 1,269 sqft | 2,500,000 | 1,970 | ||
| 14 Oct 202414 October 2024 | 1,516 sqft | 3,106,305 | 2,048 | ||
| 10 Oct 202410 October 2024 | 1,278 sqft | 2,519,397 | 1,972 | ||
| 18 Sep 202418 September 2024 | 1,516 sqft | 3,024,189 | 1,994 |
Meera Tower
Building160 apartments, 1-bed to 4-bed over 44 floors in Business Bay, completed in 2022 by Al Habtoor City Real Estate Development. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 160K /yr
- Typical yield
Other units on the 11th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1103 | 1-bed | 859 sqft | AED 2MAED 2,000,000 · Mar 2023March 2023 | 100,000 /yr | |
| 1104 | 2-bed | 1,500 sqft | AED 3.11MAED 3,112,845 · Feb 2023February 2023 | 155,000 /yr | |
| 1105 | 1-bed | 883 sqft | AED 1.81MAED 1,809,193 · Nov 2022November 2022 | 100,000 /yr | |
| 1106 | 1-bed | 1,050 sqft | AED 2.17MAED 2,173,842 · Mar 2023March 2023 | 105,000 /yr | |
| 1107 | 1-bed | 956 sqft | AED 2MAED 2,000,000 · Mar 2023March 2023 | 115,000 /yr | |
| 1108 | 1-bed | 870 sqft | AED 1.78MAED 1,782,934 · Dec 2022December 2022 | 92,400 /yr | |
| 1109 | 2-bed | 1,251 sqft | AED 2.69MAED 2,690,073 · Jun 2023June 2023 | 120,000 /yr |
1110, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 10 July 2023 for AED 3,257,611, or AED 2,171 per sqft.
- Rented since April 2020 on 5 Ejari contracts, from AED 112,500 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 28,500 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 10 August 2024.
Questions about 1110, Meera Tower
What did unit 1110 last sell for?
AED 3,257,611 on 10 July 2023, sold by the developer: AED 2,171 per sqft for 1,500 sqft. It is the only registered sale of the unit.
What is the rent for unit 1110?
AED 155,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 150,000; the unit has been rented since April 2020.
How big is unit 1110?
1,500 sqft (139.4 sqm): a two-bedroom apartment on the 11th floor of a 44-storey tower completed in 2022.
What is unit 1110 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 1110, Meera Tower
Starts from the last sale price (AED 3.26M, 10 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,257,611
- Deposit, UAE resident (20%)
- AED 651,522
- Deposit, non-resident (40%)
- AED 1,303,044
- Monthly over 25 years at 3.7%
- AED 13,328
Plus AED 141,829 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →