1304, Meera Tower
Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1304, Meera Tower
What is 1304 worth today?
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Source: Dubai Land Department. Updated 31 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,500 sqft
- Floor
- 13th of 44
- Parking
- L5-228
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 28,500 /yr
- Last sold
- AED 3.23M · January 2023
- Building
- Meera Tower
About 1304, Meera Tower
1304 is a two-bedroom apartment of 1,500 sqft on the 13th 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 31 January 2023 for AED 3,225,357, or AED 2,149 per sqft, in line with the AED 2,174 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 September 2020, is AED 110,000 a year: a gross yield of 3.4% on the 2023 price, before the service charge of about AED 28,500 a year.
Sales and rents for 1304 over time
1304 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 1304 sits
All 75 2-beds →1304 last sold in January 2023 at AED 2,149 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,174). 1304's AED 110,000 is at the bottom 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 13th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,500 sqft | AED 3.86MAED 3,862,938 · Nov 2023November 2023 | 150,000 /yr | |
| 1303 | 1-bed | 859 sqft | AED 1.82MAED 1,821,854 · Mar 2023March 2023 | 115,000 /yr | |
| 1305 | 1-bed | 883 sqft | AED 1.85MAED 1,853,319 · Jan 2023January 2023 | 120,000 /yr | |
| 1307 | 1-bed | 956 sqft | AED 2.03MAED 2,026,642 · Feb 2023February 2023 | 110,000 /yr | |
| 1308 | 1-bed | 870 sqft | AED 2MAED 2,000,000 · Jun 2023June 2023 | 80,000 /yr | |
| 1309 | 2-bed | 1,251 sqft | AED 2.72MAED 2,716,974 · Apr 2023April 2023 | 100,000 /yr | |
| 1310 | 2-bed | 1,500 sqft | AED 3.35MAED 3,350,798 · Sep 2023September 2023 | 165,000 /yr |
1304, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 31 January 2023 for AED 3,225,357, or AED 2,149 per sqft.
- Rented since June 2018 on 3 Ejari contracts, from AED 140,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 3.4%, before a service charge of about AED 28,500 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 31 January 2023.
Questions about 1304, Meera Tower
What did unit 1304 last sell for?
AED 3,225,357 on 31 January 2023, sold by the developer: AED 2,149 per sqft for 1,500 sqft. It is the only registered sale of the unit.
What is the rent for unit 1304?
AED 110,000 a year on the contract signed on 20 September 2020. The previous contract, from July 2019, was AED 125,000; the unit has been rented since June 2018.
How big is unit 1304?
1,500 sqft (139.4 sqm): a two-bedroom apartment on the 13th floor of a 44-storey tower completed in 2022.
What is unit 1304 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 1304, Meera Tower
Starts from the last sale price (AED 3.23M, 31 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,225,357
- Deposit, UAE resident (20%)
- AED 645,071
- Deposit, non-resident (40%)
- AED 1,290,143
- Monthly over 25 years at 3.7%
- AED 13,196
Plus AED 140,475 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →