1403, Meera Tower
Sold prices and rental history: sold once, by the developer in December 2022, 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 1403, Meera Tower
What is 1403 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 859 sqft
- Floor
- 14th of 44
- Parking
- L3-13
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 16,300 /yr
- Last sold
- AED 1.8M · December 2022
- Building
- Meera Tower
About 1403, Meera Tower
1403 is a one-bedroom apartment of 859 sqft on the 14th 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 5 December 2022 for AED 1,803,816, or AED 2,099 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 2020 on 4 Ejari contracts. The current contract, signed on 1 September 2023, is AED 102,500 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 16,300 a year.
Sales and rents for 1403 over time
1403 has sold once; the dashed line is the one-bed median of each year in the building.
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 1403 sits
All 57 1-beds →1403 last sold in December 2022 at AED 2,099 per sqft, in line with what one-beds in Meera Tower were fetching at the time (AED 2,099). 1403's AED 102,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jul 202518 July 2025 | 883 sqft | 1,760,000 | 1,994 | ||
| 17 Dec 202417 December 2024 | 870 sqft | 1,870,488 | 2,150 | ||
| 12 Jun 202412 June 2024 | 868 sqft | 1,655,607 | 1,907 | ||
| 17 Jul 202317 July 2023 | 883 sqft | 2,000,000 | 2,266 |
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 14th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1404 | 2-bed | 1,500 sqft | AED 3.23MAED 3,225,357 · Jan 2023January 2023 | 190,000 /yr | |
| 1405 | 1-bed | 883 sqft | AED 1.85MAED 1,853,319 · Jan 2023January 2023 | 120,000 /yr | |
| 1406 | 1-bed | 1,050 sqft | AED 2.2MAED 2,204,815 · Dec 2022December 2022 | 10,257,500 /yr | |
| 1407 | 1-bed | 956 sqft | AED 2.01MAED 2,006,576 · Jan 2023January 2023 | 100,000 /yr | |
| 1409 | 2-bed | 1,251 sqft | AED 2.6MAED 2,596,234 · Jan 2023January 2023 | 150,000 /yr |
1403, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 5 December 2022 for AED 1,803,816, or AED 2,099 per sqft.
- Rented since July 2020 on 4 Ejari contracts, from AED 100,000 to AED 102,500 a year.
- At AED 102,500 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 16,300 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 1 September 2023.
Questions about 1403, Meera Tower
What did unit 1403 last sell for?
AED 1,803,816 on 5 December 2022, sold by the developer: AED 2,099 per sqft for 859 sqft. It is the only registered sale of the unit.
What is the rent for unit 1403?
AED 102,500 a year on the contract signed on 1 September 2023. The previous contract, from July 2022, was AED 100,000; the unit has been rented since July 2020.
How big is unit 1403?
859 sqft (79.8 sqm): a one-bedroom apartment on the 14th floor of a 44-storey tower completed in 2022.
What is unit 1403 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 1403, Meera Tower
Starts from the last sale price (AED 1.8M, 5 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,803,816
- Deposit, UAE resident (20%)
- AED 360,763
- Deposit, non-resident (40%)
- AED 721,526
- Monthly over 25 years at 3.7%
- AED 7,380
Plus AED 80,771 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →