3106, 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 3106, Meera Tower
What is 3106 worth today?
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Source: Dubai Land Department. Updated 16 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,278 sqft
- Floor
- 31st of 44
- Parking
- L4-31
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 24,300 /yr
- Last sold
- AED 2.77M · May 2023
- Building
- Meera Tower
About 3106, Meera Tower
3106 is a two-bedroom apartment of 1,278 sqft on the 31st 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 16 May 2023 for AED 2,774,240, or AED 2,171 per sqft, in line with the AED 2,171 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 30 June 2022, is AED 110,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 24,300 a year.
Sales and rents for 3106 over time
3106 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 3106 sits
All 75 2-beds →3106 last sold in May 2023 at AED 2,171 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,171). 3106's AED 110,000 is at the bottom 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 31st floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3107 | 2-bed | 1,499 sqft | AED 3.37MAED 3,369,071 · Apr 2023April 2023 | 156,183 /yr |
3106, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 16 May 2023 for AED 2,774,240, or AED 2,171 per sqft.
- Rented since June 2018 on 4 Ejari contracts, from AED 109,992 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 24,300 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 16 May 2023.
Questions about 3106, Meera Tower
What did unit 3106 last sell for?
AED 2,774,240 on 16 May 2023, sold by the developer: AED 2,171 per sqft for 1,278 sqft. It is the only registered sale of the unit.
What is the rent for unit 3106?
AED 110,000 a year on the contract renewed on 30 June 2022. The previous contract, from June 2020, was AED 110,000; the unit has been rented since June 2018.
How big is unit 3106?
1,278 sqft (118.7 sqm): a two-bedroom apartment on the 31st floor of a 44-storey tower completed in 2022.
What is unit 3106 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 3106, Meera Tower
Starts from the last sale price (AED 2.77M, 16 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,774,240
- Deposit, UAE resident (20%)
- AED 554,848
- Deposit, non-resident (40%)
- AED 1,109,696
- Monthly over 25 years at 3.7%
- AED 11,350
Plus AED 121,528 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →