1-bed · 956 sqftMeera Tower, Business Bay · 13th floor · completed 2022

1307, Meera Tower

Sold prices and rental history: sold once, by the developer in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 2.03M20 February 2023
Current rentAED 110K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Meera Tower

What is 1307 worth today?

Last sold for AED 2,026,642 in 2023

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1 Jan 2025RentedNew contract
AED 110,000/yr12 months · AED 115 per sqft
15 Oct 2023RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
20 Feb 2023Sold by developerReady
AED 2,026,642AED 2,120 per sqft
6 Aug 2022RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
6 Aug 2021RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
6 Aug 2020RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
13 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
1-bed apartment
Size
956 sqft
Floor
13th of 44
Parking
L5-10
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 18,100 /yr
Last sold
AED 2.03M · February 2023
Building
Meera Tower

About 1307, Meera Tower

1307 is a one-bedroom apartment of 956 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 20 February 2023 for AED 2,026,642, or AED 2,120 per sqft, in line with the AED 2,099 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 January 2025, is AED 110,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1307 over time

Sales
Unit 1307, each saleTypical one-bed in Meera Tower
1.9M2M202220232024Typical sale price by year: 2022 AED 1,853,545; 2023 AED 2,000,000Sold by developer, February 2023: AED 2,026,642 (AED 2,120 per sqft)

1307 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1307, each contractTypical one-bed in Meera Tower
75K100K125K20182020202220242026Typical rent by year: 2018 AED 100,112; 2019 AED 100,000; 2020 AED 100,000; 2021 AED 92,400; 2022 AED 92,400; 2023 AED 105,000; 2024 AED 115,000; 2025 AED 115,000Renewal, July 2019: AED 100,000 a yearNew contract, August 2020: AED 75,000 a yearRenewal, August 2021: AED 75,000 a yearRenewal, August 2022: AED 80,000 a yearNew contract, October 2023: AED 120,000 a yearNew contract, January 2025: AED 110,000 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 Meera Tower, and where 1307 sits

All 57 1-beds →

1307 last sold in February 2023 at AED 2,120 per sqft, in line with what one-beds in Meera Tower were fetching at the time (AED 2,099). 1307's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Jul 20251,760,000
17 Dec 20241,870,488
12 Jun 20241,655,607
17 Jul 20232,000,000
0 1-bed sales in the last 12 months

Meera Tower

Building

160 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
Meera Tower, Business Bay: prices, sales and rents →

Other units on the 13th floor

All 160 units in Meera Tower
Value
13012-bedAED 3.86M · Nov 2023
13031-bedAED 1.82M · Mar 2023
13042-bedAED 3.23M · Jan 2023
13051-bedAED 1.85M · Jan 2023
13081-bedAED 2M · Jun 2023
13092-bedAED 2.72M · Apr 2023
13102-bedAED 3.35M · Sep 2023

1307, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 20 February 2023 for AED 2,026,642, or AED 2,120 per sqft.
  • Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 110,000 by January 2025.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 18,100 a year (AED 18.99 per sqft).

Source: Dubai Land Department. Updated 1 January 2025.

Questions about 1307, Meera Tower

What did unit 1307 last sell for?

AED 2,026,642 on 20 February 2023, sold by the developer: AED 2,120 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 1307?

AED 110,000 a year on the contract signed on 1 January 2025. The previous contract, from October 2023, was AED 120,000; the unit has been rented since July 2019.

How big is unit 1307?

956 sqft (88.8 sqm): a one-bedroom apartment on the 13th floor of a 44-storey tower completed in 2022.

What is unit 1307 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 1307, Meera Tower

Starts from the last sale price (AED 2.03M, 20 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,026,642
Deposit, UAE resident (20%)
AED 405,328
Deposit, non-resident (40%)
AED 810,657
Monthly over 25 years at 3.7%
AED 8,292

Plus AED 90,129 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →