3907, Meera Tower
Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3907, Meera Tower
What is 3907 worth today?
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Source: Dubai Land Department. Updated 17 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,516 sqft
- Floor
- 39th of 44
- Parking
- L3-273
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 28,800 /yr
- Last sold
- AED 3.37M · January 2023
- Building
- Meera Tower
About 3907, Meera Tower
3907 is a two-bedroom apartment of 1,516 sqft on the 39th 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 17 January 2023 for AED 3,373,795, or AED 2,224 per sqft, in line with the AED 2,174 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 19 October 2021, is AED 81,600 a year: a gross yield of 2.4% on the 2023 price, before the service charge of about AED 28,800 a year.
Sales and rents for 3907 over time
3907 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 3907 sits
All 75 2-beds →3907 last sold in January 2023 at AED 2,224 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,174). 3907's AED 81,600 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 39th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3901 | 3-bed | 1,987 sqft | AED 5.22MAED 5,216,770 · Dec 2022December 2022 | 195,000 /yr |
3907, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 17 January 2023 for AED 3,373,795, or AED 2,224 per sqft.
- Rented since November 2019 on 3 Ejari contracts, from AED 130,000 to AED 81,600 a year.
- At AED 81,600 a year the gross yield on the 2023 price is 2.4%, before a service charge of about AED 28,800 a year (AED 18.99 per sqft).
Source: Dubai Land Department. Updated 17 January 2023.
Questions about 3907, Meera Tower
What did unit 3907 last sell for?
AED 3,373,795 on 17 January 2023, sold by the developer: AED 2,224 per sqft for 1,516 sqft. It is the only registered sale of the unit.
What is the rent for unit 3907?
AED 81,600 a year on the contract renewed on 19 October 2021. The previous contract, from February 2021, was AED 81,600; the unit has been rented since November 2019.
How big is unit 3907?
1,516 sqft (140.8 sqm): a two-bedroom apartment on the 39th floor of a 44-storey tower completed in 2022.
What is unit 3907 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 3907, Meera Tower
Starts from the last sale price (AED 3.37M, 17 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,373,795
- Deposit, UAE resident (20%)
- AED 674,759
- Deposit, non-resident (40%)
- AED 1,349,518
- Monthly over 25 years at 3.7%
- AED 13,803
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →