2806, Meera Tower
Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2806, Meera Tower
What is 2806 worth today?
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Source: Dubai Land Department. Updated 29 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,278 sqft
- Floor
- 28th of 44
- Parking
- L2-56
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 24,300 /yr
- Last sold
- AED 2.84M · May 2023
- Building
- Meera Tower
About 2806, Meera Tower
2806 is a two-bedroom apartment of 1,278 sqft on the 28th 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 1 May 2023 for AED 2,838,757, or AED 2,221 per sqft, in line with the AED 2,165 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 29 October 2024, is AED 160,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 24,300 a year.
Sales and rents for 2806 over time
2806 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Meera Tower, and where 2806 sits
All 75 2-beds →2806 last sold in May 2023 at AED 2,221 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,165). 2806's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202430 October 2024 | 1,269 sqft | 2,500,000 | 1,970 | ||
| 14 Oct 202414 October 2024 | 1,516 sqft | 3,106,305 | 2,048 | ||
| 10 Oct 202410 October 2024 | 1,278 sqft | 2,519,397 | 1,972 | ||
| 18 Sep 202418 September 2024 | 1,516 sqft | 3,024,189 | 1,994 |
Meera Tower
Building160 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
Other units on the 28th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 3-bed | 1,970 sqft | AED 4.53MAED 4,532,012 · May 2023May 2023 | 112,500 /yr | |
| 2803 | 3-bed | 1,947 sqft | AED 4.48MAED 4,479,035 · May 2023May 2023 | 215,000 /yr | |
| 2804 | 3-bed | 1,932 sqft | AED 4.49MAED 4,494,330 · Feb 2023February 2023 | 150,000 /yr | |
| 2807 | 2-bed | 1,499 sqft | AED 3.22MAED 3,217,653 · May 2023May 2023 | 170,000 /yr |
2806, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 1 May 2023 for AED 2,838,757, or AED 2,221 per sqft.
- Rented since July 2018 on 5 Ejari contracts, from AED 109,992 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 24,300 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 29 October 2024.
Questions about 2806, Meera Tower
What did unit 2806 last sell for?
AED 2,838,757 on 1 May 2023, sold by the developer: AED 2,221 per sqft for 1,278 sqft. It is the only registered sale of the unit.
What is the rent for unit 2806?
AED 160,000 a year on the contract signed on 29 October 2024. The previous contract, from July 2022, was AED 110,000; the unit has been rented since July 2018.
How big is unit 2806?
1,278 sqft (118.7 sqm): a two-bedroom apartment on the 28th floor of a 44-storey tower completed in 2022.
What is unit 2806 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 2806, Meera Tower
Starts from the last sale price (AED 2.84M, 1 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,838,757
- Deposit, UAE resident (20%)
- AED 567,751
- Deposit, non-resident (40%)
- AED 1,135,503
- Monthly over 25 years at 3.7%
- AED 11,614
Plus AED 124,238 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →