3-bed · 1,967 sqftMeera Tower, Business Bay · 23rd floor · completed 2022

2301, Meera Tower

Sold prices and rental history: sold once, by the developer in April 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 18 April 2023
Last soldAED 4.52M18 April 2023
Current rentAED 160K /yr5 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Meera Tower

What is 2301 worth today?

Last sold for AED 4,524,593 in 2023

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18 Apr 2023Sold by developerReady
AED 4,524,593AED 2,299 per sqft
5 May 2022RentedNew contract
AED 160,000/yr12 months · AED 81 per sqft
11 Sep 2020RentedRenewal
AED 85,000/yr12 months · AED 43 per sqft
11 Sep 2019RentedRenewal
AED 85,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 18 April 2023.

Key facts

Type
3-bed apartment
Size
1,967 sqft
Floor
23rd of 44
Parking
L3-263
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 37,400 /yr
Last sold
AED 4.52M · April 2023
Building
Meera Tower

About 2301, Meera Tower

2301 is a three-bedroom apartment of 1,967 sqft on the 23rd 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 18 April 2023 for AED 4,524,593, or AED 2,299 per sqft, in line with the AED 2,299 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 5 May 2022, is AED 160,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 37,400 a year.

Sales and rents for 2301 over time

Rents
Unit 2301, each contractTypical three-bed in Meera Tower
100K200K20182020202220242026Typical rent by year: 2018 AED 161,000; 2019 AED 157,500; 2020 AED 137,500; 2021 AED 140,000; 2022 AED 150,000; 2023 AED 230,000; 2024 AED 227,500; 2025 AED 232,500Renewal, September 2019: AED 85,000 a yearRenewal, September 2020: AED 85,000 a yearNew contract, May 2022: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Meera Tower, and where 2301 sits

All 24 3-beds →

2301 last sold in April 2023 at AED 2,299 per sqft, in line with what three-beds in Meera Tower were fetching at the time (AED 2,299).

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jan 20245,167,084
28 Aug 20234,570,882
6 Aug 20234,574,583
1 Aug 20234,443,140
0 3-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 23rd floor

All 160 units in Meera Tower
Value
23062-bedAED 2.5M · Oct 2024

2301, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 18 April 2023 for AED 4,524,593, or AED 2,299 per sqft.
  • Rented since September 2019 on 3 Ejari contracts, from AED 85,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 3.5%, before a service charge of about AED 37,400 a year (AED 18.99 per sqft).

Source: Dubai Land Department. Updated 18 April 2023.

Questions about 2301, Meera Tower

What did unit 2301 last sell for?

AED 4,524,593 on 18 April 2023, sold by the developer: AED 2,299 per sqft for 1,967 sqft. It is the only registered sale of the unit.

What is the rent for unit 2301?

AED 160,000 a year on the contract signed on 5 May 2022. The previous contract, from September 2020, was AED 85,000; the unit has been rented since September 2019.

How big is unit 2301?

1,967 sqft (182.7 sqm): a three-bedroom apartment on the 23rd floor of a 44-storey tower completed in 2022.

What is unit 2301 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 2301, Meera Tower

Starts from the last sale price (AED 4.52M, 18 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,524,593
Deposit, UAE resident (20%)
AED 904,919
Deposit, non-resident (40%)
AED 1,809,837
Monthly over 25 years at 3.7%
AED 18,512

Plus AED 195,043 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →