1310, Meera Tower
Sold prices and rental history: sold once, by the developer in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1310, Meera Tower
What is 1310 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,500 sqft
- Floor
- 13th of 44
- Parking
- L5-191
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 28,500 /yr
- Last sold
- AED 3.35M · September 2023
- Building
- Meera Tower
About 1310, Meera Tower
1310 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 12 September 2023 for AED 3,350,798, or AED 2,233 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 2018 on 6 Ejari contracts. The current contract, signed on 26 August 2024, is AED 165,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 28,500 a year.
Sales and rents for 1310 over time
1310 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 1310 sits
All 75 2-beds →1310 last sold in September 2023 at AED 2,233 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,174). 1310's AED 165,000 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 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 | |
| 1304 | 2-bed | 1,500 sqft | AED 3.23MAED 3,225,357 · Jan 2023January 2023 | 110,000 /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, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 12 September 2023 for AED 3,350,798, or AED 2,233 per sqft.
- Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2020 and recovered to AED 165,000 by August 2024.
- At AED 165,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 28,500 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 26 August 2024.
Questions about 1310, Meera Tower
What did unit 1310 last sell for?
AED 3,350,798 on 12 September 2023, sold by the developer: AED 2,233 per sqft for 1,500 sqft. It is the only registered sale of the unit.
What is the rent for unit 1310?
AED 165,000 a year on the contract signed on 26 August 2024. The previous contract, from August 2023, was AED 165,000; the unit has been rented since May 2018.
How big is unit 1310?
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 1310 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 1310, Meera Tower
Starts from the last sale price (AED 3.35M, 12 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,350,798
- Deposit, UAE resident (20%)
- AED 670,160
- Deposit, non-resident (40%)
- AED 1,340,319
- Monthly over 25 years at 3.7%
- AED 13,709
Plus AED 145,744 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →