3808, Meera Tower
Sold prices and rental history: sold once, by the developer in July 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 3808, Meera Tower
What is 3808 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,372 sqft
- Floor
- 38th of 44
- Parking
- L3-28
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 26,000 /yr
- Last sold
- AED 3.08M · July 2023
- Building
- Meera Tower
About 3808, Meera Tower
3808 is a two-bedroom apartment of 1,372 sqft on the 38th 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 31 July 2023 for AED 3,082,429, or AED 2,247 per sqft, 3% above the AED 2,174 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 175,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 26,000 a year.
Sales and rents for 3808 over time
3808 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 3808 sits
All 75 2-beds →3808 last sold in July 2023 at AED 2,247 per sqft, 3% above what two-beds in Meera Tower were fetching at the time (AED 2,174). 3808's AED 175,000 is in the upper 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 38th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3801 | 3-bed | 1,987 sqft | AED 5.12MAED 5,118,396 · Mar 2023March 2023 | 195,000 /yr | |
| 3803 | 3-bed | 1,964 sqft | AED 4.52MAED 4,517,913 · Apr 2023April 2023 | 170,000 /yr | |
| 3805 | 1,622 sqft | AED 3.25MAED 3,250,000 · Oct 2025October 2025 | 124,294 /yr | ||
| 3806 | 2-bed | 1,277 sqft | AED 2.87MAED 2,870,290 · May 2023May 2023 | 164,543 /yr | |
| 3807 | 2-bed | 1,516 sqft | AED 3.02MAED 3,024,189 · Sep 2024September 2024 | 160,000 /yr |
3808, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 31 July 2023 for AED 3,082,429, or AED 2,247 per sqft.
- Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 75,000 in 2019 and recovered to AED 175,000 by October 2024.
- At AED 175,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 26,000 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 15 October 2024.
Questions about 3808, Meera Tower
What did unit 3808 last sell for?
AED 3,082,429 on 31 July 2023, sold by the developer: AED 2,247 per sqft for 1,372 sqft. It is the only registered sale of the unit.
What is the rent for unit 3808?
AED 175,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 165,000; the unit has been rented since October 2018.
How big is unit 3808?
1,372 sqft (127.5 sqm): a two-bedroom apartment on the 38th floor of a 44-storey tower completed in 2022.
What is unit 3808 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 3808, Meera Tower
Starts from the last sale price (AED 3.08M, 31 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,082,429
- Deposit, UAE resident (20%)
- AED 616,486
- Deposit, non-resident (40%)
- AED 1,232,972
- Monthly over 25 years at 3.7%
- AED 12,611
Plus AED 134,472 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →