1603, Meera Tower
Sold prices and rental history: sold once, by the developer in March 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 1603, Meera Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 868 sqft
- Floor
- 16th of 44
- Parking
- L2-35
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.84M · March 2023
- Building
- Meera Tower
About 1603, Meera Tower
1603 is a one-bedroom apartment of 868 sqft on the 16th 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 17 March 2023 for AED 1,840,576, 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 5 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 105,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 16,500 a year.
Sales and rents for 1603 over time
1603 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 1603 sits
All 57 1-beds →1603 last sold in March 2023 at AED 2,120 per sqft, in line with what one-beds in Meera Tower were fetching at the time (AED 2,099). 1603's AED 105,000 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 16th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,496 sqft | AED 2.93MAED 2,926,725 · Jul 2024July 2024 | 162,000 /yr | |
| 1604 | 2-bed | 1,496 sqft | AED 3.34MAED 3,341,864 · May 2024May 2024 | 180,000 /yr | |
| 1605 | 1-bed | 883 sqft | AED 1.85MAED 1,853,545 · Oct 2022October 2022 | 100,000 /yr | |
| 1606 | 1-bed | 1,050 sqft | AED 2.23MAED 2,226,863 · May 2023May 2023 | 115,000 /yr | |
| 1607 | 1-bed | 952 sqft | AED 2MAED 2,000,000 · Feb 2023February 2023 | 120,000 /yr | |
| 1608 | 1-bed | 880 sqft | AED 1.85MAED 1,847,442 · Oct 2022October 2022 | 105,000 /yr | |
| 1609 | 2-bed | 1,260 sqft | AED 2.74MAED 2,741,019 · Jan 2023January 2023 | 165,000 /yr | |
| 1610 | 2-bed | 1,496 sqft | AED 3.14MAED 3,141,985 · Mar 2023March 2023 | 155,000 /yr |
1603, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 17 March 2023 for AED 1,840,576, or AED 2,120 per sqft.
- Rented since July 2019 on 5 Ejari contracts, from AED 100,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 16,500 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 1 May 2025.
Questions about 1603, Meera Tower
What did unit 1603 last sell for?
AED 1,840,576 on 17 March 2023, sold by the developer: AED 2,120 per sqft for 868 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 105,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2023, was AED 100,000; the unit has been rented since July 2019.
How big is unit 1603?
868 sqft (80.6 sqm): a one-bedroom apartment on the 16th floor of a 44-storey tower completed in 2022.
What is unit 1603 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 1603, Meera Tower
Starts from the last sale price (AED 1.84M, 17 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,840,576
- Deposit, UAE resident (20%)
- AED 368,115
- Deposit, non-resident (40%)
- AED 736,230
- Monthly over 25 years at 3.7%
- AED 7,530
Plus AED 82,314 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →