1-bed · 883 sqftMeera Tower, Business Bay · 20th floor · completed 2022

2005, Meera Tower

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

Unit 2005 · DLD and Ejari recordsUpdated 12 December 2022
Last soldAED 1.9M12 December 2022
Current rentAED 100K /yr13 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2005, Meera Tower

What is 2005 worth today?

Last sold for AED 1,897,677 in 2022

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12 Dec 2022Sold by developerReady
AED 1,897,677AED 2,149 per sqft
13 Jul 2022RentedRenewal
AED 100,000/yr12 months · AED 113 per sqft
13 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 113 per sqft
13 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 12 December 2022.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
20th of 44
Parking
L3-2
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 16,800 /yr
Last sold
AED 1.9M · December 2022
Building
Meera Tower

About 2005, Meera Tower

2005 is a one-bedroom apartment of 883 sqft on the 20th 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 12 December 2022 for AED 1,897,677, or AED 2,149 per sqft, in line with the AED 2,099 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 13 July 2022, is AED 100,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 16,800 a year.

Sales and rents for 2005 over time

Sales
Unit 2005, 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, December 2022: AED 1,897,677 (AED 2,149 per sqft)

2005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2005, each contractTypical one-bed in Meera Tower
100K20182020202220242026Typical 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 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 2005 sits

All 57 1-beds →

2005 last sold in December 2022 at AED 2,149 per sqft, in line with what one-beds in Meera Tower were fetching at the time (AED 2,099). 2005's AED 100,000 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 20th floor

All 160 units in Meera Tower
Value
20012-bedAED 3.18M · Feb 2023
20031-bedAED 1.87M · Jan 2023
20042-bedAED 3.31M · Jul 2023
20061-bedAED 2.28M · Apr 2023
20071-bedAED 2.05M · Feb 2023
20092-bedAED 2.77M · Jan 2023
20102-bedAED 3.29M · Dec 2022

2005, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 12 December 2022 for AED 1,897,677, or AED 2,149 per sqft.
  • Rented since July 2019 on 3 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 16,800 a year (AED 18.99 per sqft).

Source: Dubai Land Department. Updated 12 December 2022.

Questions about 2005, Meera Tower

What did unit 2005 last sell for?

AED 1,897,677 on 12 December 2022, sold by the developer: AED 2,149 per sqft for 883 sqft. It is the only registered sale of the unit.

What is the rent for unit 2005?

AED 100,000 a year on the contract renewed on 13 July 2022. The previous contract, from July 2020, was AED 100,000; the unit has been rented since July 2019.

How big is unit 2005?

883 sqft (82.0 sqm): a one-bedroom apartment on the 20th floor of a 44-storey tower completed in 2022.

What is unit 2005 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 2005, Meera Tower

Starts from the last sale price (AED 1.9M, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,897,677
Deposit, UAE resident (20%)
AED 379,535
Deposit, non-resident (40%)
AED 759,071
Monthly over 25 years at 3.7%
AED 7,764

Plus AED 84,712 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →