3404, Meera Tower
Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3404, Meera Tower
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Source: Dubai Land Department. Updated 5 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,945 sqft
- Floor
- 34th of 44
- Parking
- L4-231
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 36,900 /yr
- Last sold
- AED 4.47M · May 2023
- Building
- Meera Tower
About 3404, Meera Tower
3404 is a three-bedroom apartment of 1,945 sqft on the 34th 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 5 May 2023 for AED 4,474,075, 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 2020 on 3 Ejari contracts. The current contract, renewed on 25 June 2022, is AED 165,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 36,900 a year.
Sales and rents for 3404 over time
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 3404 sits
All 24 3-beds →3404 last sold in May 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jan 202410 January 2024 | 1,987 sqft | 5,167,084 | 2,599 | ||
| 28 Aug 202328 August 2023 | 1,987 sqft | 4,570,882 | 2,299 | ||
| 6 Aug 20236 August 2023 | 1,967 sqft | 4,574,583 | 2,325 | ||
| 1 Aug 20231 August 2023 | 1,932 sqft | 4,443,140 | 2,299 |
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 34th floor
All 160 units in Meera Tower3404, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 5 May 2023 for AED 4,474,075, or AED 2,299 per sqft.
- Rented since August 2020 on 3 Ejari contracts, from AED 150,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 36,900 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 5 May 2023.
Questions about 3404, Meera Tower
What did unit 3404 last sell for?
AED 4,474,075 on 5 May 2023, sold by the developer: AED 2,299 per sqft for 1,945 sqft. It is the only registered sale of the unit.
What is the rent for unit 3404?
AED 165,000 a year on the contract renewed on 25 June 2022. The previous contract, from June 2021, was AED 165,000; the unit has been rented since August 2020.
How big is unit 3404?
1,945 sqft (180.7 sqm): a three-bedroom apartment on the 34th floor of a 44-storey tower completed in 2022.
What is unit 3404 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 3404, Meera Tower
Starts from the last sale price (AED 4.47M, 5 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,474,075
- Deposit, UAE resident (20%)
- AED 894,815
- Deposit, non-resident (40%)
- AED 1,789,630
- Monthly over 25 years at 3.7%
- AED 18,305
Plus AED 192,921 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →