1-bed · 880 sqftMeera Tower, Business Bay · 16th floor · completed 2022

1608, Meera Tower

Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 8 July 2025
Last soldAED 1.85M29 October 2022
Current rentAED 105K /yr8 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Meera Tower

What is 1608 worth today?

Last sold for AED 1,847,442 in 2022

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8 Jul 2025RentedRenewal
AED 105,000/yr12 months · AED 119 per sqft
8 Jul 2024RentedRenewal
AED 105,000/yr12 months · AED 119 per sqft
8 Jul 2023RentedNew contract
AED 105,000/yr12 months · AED 119 per sqft
29 Oct 2022Sold by developerReady
AED 1,847,442AED 2,099 per sqft
13 Jul 2022RentedRenewal
AED 100,000/yr12 months · AED 114 per sqft
13 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 114 per sqft
13 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 8 July 2025.

Key facts

Type
1-bed apartment
Size
880 sqft
Floor
16th of 44
Parking
L2-3
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 16,700 /yr
Last sold
AED 1.85M · October 2022
Building
Meera Tower

About 1608, Meera Tower

1608 is a one-bedroom apartment of 880 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 29 October 2022 for AED 1,847,442, 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 6 Ejari contracts. The current contract, renewed on 8 July 2025, is AED 105,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 16,700 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, 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, October 2022: AED 1,847,442 (AED 2,099 per sqft)

1608 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1608, each contractTypical one-bed in Meera Tower
100K201820212024Typical 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 yearRenewal, July 2020: AED 100,000 a yearRenewal, July 2022: AED 100,000 a yearNew contract, July 2023: AED 105,000 a yearRenewal, July 2024: AED 105,000 a yearRenewal, July 2025: AED 105,000 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 1608 sits

All 57 1-beds →

1608 last sold in October 2022 at AED 2,099 per sqft, in line with what one-beds in Meera Tower were fetching at the time (AED 2,099). 1608's AED 105,000 is in the lower 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 16th floor

All 160 units in Meera Tower
Value
16012-bedAED 2.93M · Jul 2024
16031-bedAED 1.84M · Mar 2023
16042-bedAED 3.34M · May 2024
16051-bedAED 1.85M · Oct 2022
16061-bedAED 2.23M · May 2023
16071-bedAED 2M · Feb 2023
16092-bedAED 2.74M · Jan 2023
1–7 of 8

1608, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 29 October 2022 for AED 1,847,442, or AED 2,099 per sqft.
  • Rented since July 2019 on 6 Ejari contracts, from AED 100,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 16,700 a year (AED 18.99 per sqft).

Source: Dubai Land Department. Updated 8 July 2025.

Questions about 1608, Meera Tower

What did unit 1608 last sell for?

AED 1,847,442 on 29 October 2022, sold by the developer: AED 2,099 per sqft for 880 sqft. It is the only registered sale of the unit.

What is the rent for unit 1608?

AED 105,000 a year on the contract renewed on 8 July 2025. The previous contract, from July 2024, was AED 105,000; the unit has been rented since July 2019.

How big is unit 1608?

880 sqft (81.8 sqm): a one-bedroom apartment on the 16th floor of a 44-storey tower completed in 2022.

What is unit 1608 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 1608, Meera Tower

Starts from the last sale price (AED 1.85M, 29 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,847,442
Deposit, UAE resident (20%)
AED 369,488
Deposit, non-resident (40%)
AED 738,977
Monthly over 25 years at 3.7%
AED 7,558

Plus AED 82,603 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →