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BuildingBusiness Bay · DAMAC · 2020

Merano Tower

Studios to three-beds in Business Bay. 16 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 5 March 2026
Typical price per sqftAED 1,571Down 2.3% on the year
Typical saleAED 1.19M16 sales
Typical rentAED 80K /yrAED 124 per sqft
Typical yield7.9%AED 19.02/sqft charge
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About Merano Tower

Merano Tower is a residential high-rise in Business Bay, set close to the Dubai Water Canal and a short drive from Downtown Dubai. The tower rises 29 storeys and caters to an urban lifestyle with city and canal views, benefiting from a central location within one of Dubai’s key mixed‑use districts. Homes in the building are apartments ranging from studios to one‑, two‑ and three‑bedroom layouts. Residences typically feature contemporary finishes, floor‑to‑ceiling windows and balconies designed to maximise skyline outlooks. Building services include a staffed lobby, 24‑hour security with CCTV, multiple high‑speed lifts and allocated covered parking for residents. Lifestyle facilities are a core draw. Residents have access to a temperature‑controlled swimming pool, a well‑equipped gym, and health‑club amenities such as steam and sauna. The immediate area offers everyday conveniences with grocery options and casual dining within a few minutes, while landscaped spaces around the canal provide a pleasant setting for walking or jogging. Connectivity is a highlight of the address. The tower is within walking distance of Business Bay Metro on the Red Line, with local bus and taxi services readily available, and it offers quick access to Sheikh Zayed Road. Downtown Dubai, including Burj Khalifa and Dubai Mall, is only a short trip away, placing major employment hubs and leisure destinations within easy reach for daily commuting and evenings out.

574 apartments over 29 floors: 79 studios of 327 to 398 sqft, 383 one-beds of 154 to 772 sqft, 79 two-beds of 223 to 993 sqft and 11 three-beds of 846 to 1,455 sqft. The service charge is AED 19.02 per sqft a year.

16 apartments sold in the 12 months to March 2026, at a median of AED 1,571 per sqft, down 2.3% on the year before. Most of the trading is in one-beds: 10 of the 16 sales, at AED 980,000 to 1,200,000. 131 rental contracts were registered over the same 12 months, at a typical AED 80,000 a year.

Developer
DAMAC
Completed
2020
Floors
29
Units
574
Unit types
Studio to 3-bed

Business Bay, Dubai

Average prices in Merano Tower

In Merano Tower, typical sale prices over the last 12 months were around AED 1,100,000 for one-beds and AED 1,390,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Merano Tower

1,4001,6001,800May 2026Nov 20262025-11-14: AED 1,587, 1-bed, 668 sqft2025-11-20: AED 1,303, 1-bed, 752 sqft2025-11-20: AED 1,548, 2-bed, 891 sqft2025-11-25: AED 1,365, 2-bed, 952 sqft2025-11-28: AED 1,555, 1-bed, 771 sqft2025-12-04: AED 1,583, 1-bed, 644 sqft2025-12-17: AED 1,569, 2-bed, 956 sqft2025-12-29: AED 1,571, 2-bed, 891 sqft2025-12-30: AED 1,606, 1-bed, 616 sqft2026-01-06: AED 1,346, 2-bed, 891 sqft2026-01-07: AED 1,500, 1-bed, 753 sqft2026-01-15: AED 1,646, 1-bed, 668 sqft2026-01-22: AED 1,863, 1-bed, 644 sqft2026-02-04: AED 1,762, 1-bed, 664 sqft2026-02-10: AED 1,571, 2-bed, 891 sqft2026-02-13: AED 1,645, 1-bed, 668 sqftTrend: AED 1,462 to AED 1,680

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Merano Tower

  • Completed1-bed · 668 sqft 13 Feb 2026AED 1,100,0001,646 /sqft
  • Completed2-bed · 891 sqft 10 Feb 2026AED 1,400,0001,571 /sqft
  • Completed1-bed · 656 sqft 04 Feb 2026AED 1,170,0001,782 /sqft
  • Completed1-bed · 644 sqft 22 Jan 2026AED 1,200,0001,863 /sqft
  • Completed1-bed · 668 sqft 15 Jan 2026AED 1,100,0001,646 /sqft
  • Completed1-bed · 752 sqft 07 Jan 2026AED 1,130,0001,501 /sqft
  • Completed2-bed · 891 sqft 06 Jan 2026AED 1,200,0001,347 /sqft
  • Completed1-bed · 616 sqft 30 Dec 2025AED 990,0001,606 /sqft
  • Completed2-bed · 891 sqft 29 Dec 2025AED 1,400,0001,571 /sqft
  • Completed2-bed · 955 sqft 17 Dec 2025AED 1,500,0001,569 /sqft

Over the last 12 months, Merano Tower has recorded 16 apartment sales. Typical homes sold for around AED 1.19M (about AED 1,571 per sqft) with a median size of 752 sqft; most were one-beds, from roughly AED 980K to AED 1.5M.

1–10 of 824

Units in Merano Tower

574 units
  • Unit 2011-bed · 720 sqftSold AED 1.14M, Oct 2019
  • Unit 2021-bed · 769 sqftSold AED 997K, Oct 2021
  • Unit 2031-bed · 772 sqftSold AED 1M, Sep 2024
  • Unit 2041-bed · 767 sqftSold AED 1.17M, Mar 2020
  • Unit 205381 sqftSold AED 532K, Oct 2025
  • Unit 2061-bed · 767 sqftSold AED 1.18M, Nov 2019
  • Unit 2071-bed · 771 sqftSold AED 1.28M, Aug 2024
  • Unit 2081-bed · 629 sqftSold AED 1.02M, Apr 2019
  • Unit 2091-bed · 629 sqftSold AED 570K, Jun 2021
  • Unit 2101-bed · 629 sqftSold AED 845K, Apr 2022
1–10 of 574
Every unit in Merano Tower, by number

By type: studios (79), one-beds (383), two-beds (79), three-beds (11).

Nearby in Business Bay

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BuildingSale /sqftYield
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Regal TowerFew sales
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Merano Tower in numbers

  • Across 16 DLD sales in the 12 months to March 2026, the median price in Merano Tower was AED 1,571 per sqft and the typical home sold for about AED 1.19M.
  • Completed in 2020 by DAMAC; 29 floors of studios to three-beds; service charge AED 19.02 per sqft a year.
  • One-beds of 154 to 772 sqft sold for AED 980,000 to 1,200,000 between November 2025 and February 2026, a median AED 1,597 per sqft.
  • An one-bed of 154 to 772 sqft rents for AED 66,000 to 126,000 a year on the 94 contracts registered in the last 12 months.
  • Gross rental yield 7.9%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 5 March 2026.

Questions

How much does an one-bed in Merano Tower cost?

10 one-beds sold in the 12 months to March 2026, for AED 980,000 to 1,200,000; the median was AED 1,100,000, or AED 1,597 per sqft.

How much is an one-bed for rent in Merano Tower?

About AED 80,000 a year: that is the median of the 94 contracts for one-beds registered with Ejari in the 12 months to March 2026, from AED 66,000 to 126,000.

What is the rental yield in Merano Tower?

About 7.9% gross across the building, from about 7.8% for two-beds to 7.5% for one-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Merano Tower gone up?

The median price per sqft fell from about AED 1,608 to AED 1,571 over the 12 months to March 2026, down 2.3%, on 16 sales against 67 the year before.

What is the service charge in Merano Tower?

AED 19.02 per sqft a year. For a typical 752 sqft home that is about AED 14,300 a year.

Who built Merano Tower and when?

DAMAC; completed in 2020; 29 floors; 574 apartments.

How many apartments are there in Merano Tower?

574, studios to three-beds. Each has its own page with its full sales and rental history.

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