1405, Meera Tower
Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1405, Meera Tower
What is 1405 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 19 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 883 sqft
- Floor
- 14th of 44
- Parking
- L5-25
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1.85M · January 2023
- Building
- Meera Tower
About 1405, Meera Tower
1405 is a one-bedroom apartment of 883 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 January 2023 for AED 1,853,319, 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 2019 on 5 Ejari contracts. The current contract, signed on 19 January 2024, is AED 120,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 16,800 a year.
Sales and rents for 1405 over time
1405 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 1405 sits
All 57 1-beds →1405 last sold in January 2023 at AED 2,099 per sqft, in line with what one-beds in Meera Tower were fetching at the time (AED 2,099). 1405's AED 120,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 1403 | 1-bed | 859 sqft | AED 1.8MAED 1,803,816 · Dec 2022December 2022 | 102,500 /yr | |
| 1404 | 2-bed | 1,500 sqft | AED 3.23MAED 3,225,357 · Jan 2023January 2023 | 190,000 /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 |
1405, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 5 January 2023 for AED 1,853,319, or AED 2,099 per sqft.
- Rented since July 2019 on 5 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2019 and recovered to AED 120,000 by January 2024.
- At AED 120,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 16,800 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 19 January 2024.
Questions about 1405, Meera Tower
What did unit 1405 last sell for?
AED 1,853,319 on 5 January 2023, sold by the developer: AED 2,099 per sqft for 883 sqft. It is the only registered sale of the unit.
What is the rent for unit 1405?
AED 120,000 a year on the contract signed on 19 January 2024. The previous contract, from July 2022, was AED 92,400; the unit has been rented since July 2019.
How big is unit 1405?
883 sqft (82.0 sqm): a one-bedroom apartment on the 14th floor of a 44-storey tower completed in 2022.
What is unit 1405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1405? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1405, Meera Tower
Starts from the last sale price (AED 1.85M, 5 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,853,319
- Deposit, UAE resident (20%)
- AED 370,664
- Deposit, non-resident (40%)
- AED 741,328
- Monthly over 25 years at 3.7%
- AED 7,583
Plus AED 82,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →