1-bed · 952 sqftMeera Tower, Business Bay · 20th floor · completed 2022

2007, Meera Tower

Sold prices and rental history: sold once, by the developer in February 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2007 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 2.05M20 February 2023
Current rentAED 120K /yr3 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2007, Meera Tower

What is 2007 worth today?

Last sold for AED 2,047,177 in 2023

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3 Apr 2024RentedRenewal
AED 120,000/yr12 months · AED 127 per sqft
3 Apr 2023RentedNew contract
AED 120,000/yr12 months · AED 127 per sqft
20 Feb 2023Sold by developerReady
AED 2,047,177AED 2,149 per sqft
13 Jul 2022RentedRenewal
AED 100,000/yr12 months · AED 105 per sqft
13 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
1-bed apartment
Size
952 sqft
Floor
20th of 44
Parking
L3-57
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 18,100 /yr
Last sold
AED 2.05M · February 2023
Building
Meera Tower

About 2007, Meera Tower

2007 is a one-bedroom apartment of 952 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 20 February 2023 for AED 2,047,177, 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 continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 3 April 2024, is AED 120,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 18,100 a year.

Sales and rents for 2007 over time

Sales
Unit 2007, 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, February 2023: AED 2,047,177 (AED 2,149 per sqft)

2007 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2007, each contractTypical one-bed in Meera Tower
100K120K20182020202220242026Typical 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 2020: AED 100,000 a yearRenewal, July 2022: AED 100,000 a yearNew contract, April 2023: AED 120,000 a yearRenewal, April 2024: AED 120,000 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 2007 sits

All 57 1-beds →

2007 last sold in February 2023 at AED 2,149 per sqft, in line with what one-beds in Meera Tower were fetching at the time (AED 2,099). 2007's AED 120,000 is in the upper 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
20051-bedAED 1.9M · Dec 2022
20061-bedAED 2.28M · Apr 2023
20092-bedAED 2.77M · Jan 2023
20102-bedAED 3.29M · Dec 2022

2007, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 20 February 2023 for AED 2,047,177, or AED 2,149 per sqft.
  • Rented since July 2020 on 4 Ejari contracts, from AED 100,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 18,100 a year (AED 18.99 per sqft).

Source: Dubai Land Department. Updated 3 April 2024.

Questions about 2007, Meera Tower

What did unit 2007 last sell for?

AED 2,047,177 on 20 February 2023, sold by the developer: AED 2,149 per sqft for 952 sqft. It is the only registered sale of the unit.

What is the rent for unit 2007?

AED 120,000 a year on the contract renewed on 3 April 2024. The previous contract, from April 2023, was AED 120,000; the unit has been rented since July 2020.

How big is unit 2007?

952 sqft (88.4 sqm): a one-bedroom apartment on the 20th floor of a 44-storey tower completed in 2022.

What is unit 2007 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 2007, Meera Tower

Starts from the last sale price (AED 2.05M, 20 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,047,177
Deposit, UAE resident (20%)
AED 409,435
Deposit, non-resident (40%)
AED 818,871
Monthly over 25 years at 3.7%
AED 8,376

Plus AED 90,991 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →