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2-bed · 1,516 sqftMeera Tower, Business Bay · 40th floor · completed 2022

4007, 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.

Unit 4007 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 3.58M13 July 2023
Current rentAED 175K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4007, Meera Tower

What is 4007 worth today?

Last sold for AED 3,584,026 in 2023

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25 Mar 2025RentedRenewal
AED 175,000/yr12 months · AED 115 per sqft
25 Sep 2023RentedNew contract
AED 173,000/yr12 months · AED 114 per sqft
13 Jul 2023Sold by developerReady
AED 3,584,026AED 2,363 per sqft
3 Apr 2022RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft
30 Jun 2021RentedRenewal
AED 59,063/yr12 months · AED 39 per sqft
18 Oct 2019RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
18 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
1 Aug 2018RentedNew contract
AED 148,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
2-bed apartment
Size
1,516 sqft
Floor
40th of 44
Parking
L3-34
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 28,800 /yr
Last sold
AED 3.58M · July 2023
Building
Meera Tower

About 4007, Meera Tower

4007 is a two-bedroom apartment of 1,516 sqft on the 40th 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 13 July 2023 for AED 3,584,026, or AED 2,363 per sqft, 9% 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 25 March 2025, is AED 175,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 28,800 a year.

Sales and rents for 4007 over time

Sales
Unit 4007, each saleTypical two-bed in Meera Tower
3M3.5M2022202320242025Typical sale price by year: 2022 AED 3,221,026; 2023 AED 3,112,845; 2024 AED 3,024,189Sold by developer, July 2023: AED 3,584,026 (AED 2,363 per sqft)

4007 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4007, each contractTypical two-bed in Meera Tower
100K2018202120242027Typical rent by year: 2018 AED 120,086; 2019 AED 112,500; 2020 AED 95,000; 2021 AED 92,400; 2022 AED 92,400; 2023 AED 160,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 170,000New contract, August 2018: AED 148,000 a yearNew contract, October 2018: AED 90,000 a yearRenewal, October 2019: AED 90,000 a yearRenewal, June 2021: AED 59,063 a yearNew contract, April 2022: AED 140,000 a yearNew contract, September 2023: AED 173,000 a yearRenewal, March 2025: AED 175,000 a year

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 4007 sits

All 75 2-beds →

4007 last sold in July 2023 at AED 2,363 per sqft, 9% above what two-beds in Meera Tower were fetching at the time (AED 2,174). 4007's AED 175,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Oct 20242,500,000
14 Oct 20243,106,305
10 Oct 20242,519,397
18 Sep 20243,024,189
0 2-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 40th floor

All 160 units in Meera Tower
Value
40013-bedAED 4.43M · Apr 2023
40043-bedAED 4.47M · Jul 2023

4007, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 13 July 2023 for AED 3,584,026, or AED 2,363 per sqft.
  • Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 148,000 to AED 59,063 in 2021 and recovered to AED 175,000 by March 2025.
  • At AED 175,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 28,800 a year (AED 18.99 per sqft).

Source: Dubai Land Department. Updated 25 March 2025.

Questions about 4007, Meera Tower

What did unit 4007 last sell for?

AED 3,584,026 on 13 July 2023, sold by the developer: AED 2,363 per sqft for 1,516 sqft. It is the only registered sale of the unit.

What is the rent for unit 4007?

AED 175,000 a year on the contract renewed on 25 March 2025. The previous contract, from September 2023, was AED 173,000; the unit has been rented since August 2018.

How big is unit 4007?

1,516 sqft (140.8 sqm): a two-bedroom apartment on the 40th floor of a 44-storey tower completed in 2022.

What is unit 4007 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 4007, Meera Tower

Starts from the last sale price (AED 3.58M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,584,026
Deposit, UAE resident (20%)
AED 716,805
Deposit, non-resident (40%)
AED 1,433,610
Monthly over 25 years at 3.7%
AED 14,663

Plus AED 155,539 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →