1,496 sqftMeera Tower, Business Bay · 18th floor · completed 2022

1804, Meera Tower

Sold prices and rental history: sold once, by the developer in December 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 3.85M14 December 2023
Current rentAED 130K /yr10 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, Meera Tower

What is 1804 worth today?

Last sold for AED 3,852,947 in 2023

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14 Dec 2023Sold by developerReady
AED 3,852,947AED 2,574 per sqft
10 Sep 2022RentedNew contract
AED 130,000/yr12 months · AED 87 per sqft
12 Jan 2022RentedNew contract
AED 135,000/yr12 months · AED 90 per sqft
21 Apr 2021RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
26 May 2020RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
14 Jul 2019RentedRenewal
AED 135,000/yr13 months · AED 88 per sqft
14 Jun 2018RentedNew contract
AED 145,000/yr13 months · AED 95 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
Apartment
Size
1,496 sqft
Floor
18th of 44
Parking
L1-129
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 28,400 /yr
Last sold
AED 3.85M · December 2023
Building
Meera Tower

About 1804, Meera Tower

1804 is an apartment of 1,496 sqft on the 18th 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 14 December 2023 for AED 3,852,947, or AED 2,574 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 10 September 2022, is AED 130,000 a year: a gross yield of 3.4% on the 2023 price, before the service charge of about AED 28,400 a year.

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 18th floor

All 160 units in Meera Tower
Value
18031-bedAED 1.87M · Oct 2022
18051-bedAED 1.76M · Jul 2025
18071-bedAED 2.05M · Nov 2022
18081-bedAED 1.89M · Jan 2023
18092-bedAED 2.74M · Dec 2022
18102-bedAED 3.38M · Nov 2023

1804, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 14 December 2023 for AED 3,852,947, or AED 2,574 per sqft.
  • Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 145,000 to AED 90,000 in 2020 and recovered to AED 130,000 by September 2022.
  • At AED 130,000 a year the gross yield on the 2023 price is 3.4%, before a service charge of about AED 28,400 a year (AED 18.99 per sqft).

Source: Dubai Land Department. Updated 14 December 2023.

Questions about 1804, Meera Tower

What did unit 1804 last sell for?

AED 3,852,947 on 14 December 2023, sold by the developer: AED 2,574 per sqft for 1,496 sqft. It is the only registered sale of the unit.

What is the rent for unit 1804?

AED 130,000 a year on the contract signed on 10 September 2022. The previous contract, from January 2022, was AED 135,000; the unit has been rented since June 2018.

How big is unit 1804?

1,496 sqft (139.0 sqm): an apartment on the 18th floor of a 44-storey tower completed in 2022.

What is unit 1804 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 1804, Meera Tower

Starts from the last sale price (AED 3.85M, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,852,947
Deposit, UAE resident (20%)
AED 770,589
Deposit, non-resident (40%)
AED 1,541,179
Monthly over 25 years at 3.7%
AED 15,764

Plus AED 166,834 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →