3-bed · 1,987 sqftMeera Tower, Business Bay · 37th floor · completed 2022

3701, Meera Tower

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

Unit 3701 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 4.57M21 March 2023
Current rentAED 235K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Meera Tower

What is 3701 worth today?

Last sold for AED 4,570,882 in 2023

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15 Jan 2025RentedNew contract
AED 235,000/yr12 months · AED 118 per sqft
12 Oct 2024RentedNew contract
AED 208,000/yr15 months · AED 104 per sqft
21 Mar 2023Sold by developerReady
AED 4,570,882AED 2,299 per sqft
15 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft
15 Sep 2022RentedRenewal
AED 150,000/yr12 months · AED 75 per sqft
15 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft
4 Aug 2019RentedNew contract
AED 240,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
3-bed apartment
Size
1,987 sqft
Floor
37th of 44
Parking
L2-30,L2-31
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 37,700 /yr
Last sold
AED 4.57M · March 2023
Building
Meera Tower

About 3701, Meera Tower

3701 is a three-bedroom apartment of 1,987 sqft on the 37th 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 21 March 2023 for AED 4,570,882, or AED 2,299 per sqft, in line with the AED 2,338 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 15 January 2025, is AED 235,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 37,700 a year.

Sales and rents for 3701 over time

Rents
Unit 3701, 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 232,500New contract, August 2019: AED 240,000 a yearNew contract, September 2020: AED 100,000 a yearNew contract, September 2022: AED 100,000 a yearRenewal, September 2022: AED 150,000 a yearNew contract, October 2024: AED 208,000 a yearNew contract, January 2025: AED 235,000 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 3701 sits

All 24 3-beds →

3701 last sold in March 2023 at AED 2,299 per sqft, in line with what three-beds in Meera Tower were fetching at the time (AED 2,338).

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 37th floor

All 160 units in Meera Tower
Value
37062-bedAED 2.95M · Jul 2023
37072-bedAED 3.41M · May 2023

3701, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 21 March 2023 for AED 4,570,882, or AED 2,299 per sqft.
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 240,000 to AED 100,000 in 2022 and recovered to AED 235,000 by January 2025.
  • At AED 235,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 37,700 a year (AED 18.99 per sqft).

Source: Dubai Land Department. Updated 15 January 2025.

Questions about 3701, Meera Tower

What did unit 3701 last sell for?

AED 4,570,882 on 21 March 2023, sold by the developer: AED 2,299 per sqft for 1,987 sqft. It is the only registered sale of the unit.

What is the rent for unit 3701?

AED 235,000 a year on the contract signed on 15 January 2025. The previous contract, from October 2024, was AED 208,000; the unit has been rented since August 2019.

How big is unit 3701?

1,987 sqft (184.6 sqm): a three-bedroom apartment on the 37th floor of a 44-storey tower completed in 2022.

What is unit 3701 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 3701, Meera Tower

Starts from the last sale price (AED 4.57M, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,570,882
Deposit, UAE resident (20%)
AED 914,176
Deposit, non-resident (40%)
AED 1,828,353
Monthly over 25 years at 3.7%
AED 18,701

Plus AED 196,987 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →