1-bed · 670 sqftMerano Tower, Business Bay · 10th floor · completed 2020

1002, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1002 · DLD and Ejari recordsUpdated 19 May 2025

Last soldAED 1.11M24 May 2016

Current rentAED 70K /yr19 May 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1002, Merano Tower

Today

What is 1002 worth today?

Last sold for AED 1,106,256 in 2016

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19 May 2025

19 May 2025RentedRenewal

AED 70,000/yr12 months · AED 105 per sqft

19 May 2024

19 May 2024RentedNew contract

AED 70,000/yr12 months · AED 105 per sqft

12 Apr 2023

12 Apr 2023RentedNew contract

AED 77,000/yr12 months · AED 115 per sqft

1 Mar 2022

1 Mar 2022RentedRenewal

AED 53,000/yr12 months · AED 79 per sqft

1 Mar 2021

1 Mar 2021RentedNew contract

AED 46,000/yr12 months · AED 69 per sqft

24 May 2016

24 May 2016Sold by developerOff-plan

AED 1,106,256AED 1,651 per sqft

Source: Dubai Land Department. Updated 19 May 2025.

Key facts

Type: 1-bed apartment
Size: 670 sqft
Floor: 10th of 29
Parking: B1-002
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.11M · May 2016
Building: Merano Tower

About 1002, Merano Tower

1002 is a one-bedroom apartment of 670 sqft on the 10th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 24 May 2016 for AED 1,106,256, or AED 1,651 per sqft, in line with the AED 1,608 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 19 May 2025, is AED 70,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1002 over time

Sales

Unit 1002, each saleTypical one-bed in Merano Tower

1002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1002, each contractTypical one-bed in Merano Tower

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Merano Tower, and where 1002 sits

All 383 1-beds →

1-beds in Merano Tower · last 12 months1,597 /sqft Merano Tower · all types1,571 /sqft

1002 last sold in May 2016 at AED 1,651 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,608). Over the last 12 months one-beds sold for AED 980,000 to 1,200,000, around AED 1,597 per sqft, and rent for AED 66,000 to 126,000 a year. 1002's AED 70,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
13 Feb 202613 February 2026	668 sqft	1,100,000	1,645
4 Feb 20264 February 2026	664 sqft	1,170,000	1,762
22 Jan 202622 January 2026	644 sqft	1,200,000	1,863
15 Jan 202615 January 2026	668 sqft	1,100,000	1,646

10 1-bed sales in the last 12 months

Merano Tower

Building

574 apartments, studios to 3-bed over 29 floors in Business Bay, completed in 2020 by DAMAC. 16 sold in the last 12 months.

Typical price per sqft: AED 1,571 Down 2.3%
Typical sale: AED 1.19M
Typical rent: AED 80K /yr
Typical yield: 7.9%

Merano Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 574 units in Merano Tower


1001	1-bed	616 sqft	AED 900KAED 900,000 · Aug 2023August 2023	85,000 /yr
1003	1-bed	670 sqft	AED 945KAED 944,720 · Nov 2021November 2021
1004	Studio	398 sqft	AED 740KAED 740,000 · Jan 2024January 2024	55,000 /yr
1005	1-bed	669 sqft	AED 1.06MAED 1,060,000 · Mar 2025March 2025	80,000 /yr
1006	Studio	331 sqft	AED 650KAED 650,000 · Oct 2023October 2023	67,000 /yr
1007	1-bed	668 sqft	AED 1MAED 1,000,000 · Jun 2016June 2016	71,400 /yr
1008		771 sqft	AED 1.2MAED 1,200,000 · Oct 2025October 2025	90,000 /yr
1009	1-bed	635 sqft	AED 1.31MAED 1,311,997 · Jul 2016July 2016	54,000 /yr
1010	1-bed	635 sqft	AED 1.31MAED 1,311,997 · Jul 2016July 2016	80,000 /yr
1011	1-bed	644 sqft	AED 1.01MAED 1,014,728 · Jun 2016June 2016	85,000 /yr
1012		644 sqft	AED 1.04MAED 1,040,000 · Sep 2025September 2025	62,711 /yr
1013	2-bed	891 sqft	AED 1.52MAED 1,520,000 · Feb 2024February 2024	125,000 /yr
1014	2-bed	956 sqft	AED 1.5MAED 1,500,000 · Dec 2025December 2025	120,000 /yr
1015	2-bed	991 sqft	AED 1.58MAED 1,577,600 · Jul 2016July 2016	100,000 /yr
1016	1-bed	662 sqft	AED 655KAED 655,000 · Sep 2020September 2020	80,000 /yr
1017	3-bed	1,455 sqft	AED 2.31MAED 2,309,000 · Apr 2017April 2017	160,000 /yr
1018	1-bed	668 sqft	AED 1.01MAED 1,010,000 · Dec 2023December 2023	73,000 /yr
1019	1-bed	668 sqft	AED 1.11MAED 1,110,000 · Feb 2025February 2025	93,000 /yr
1020	Studio	334 sqft	AED 770KAED 770,000 · Jan 2025January 2025

1–7 of 19

1002, Merano Tower in numbers

Sold once: by DAMAC on 24 May 2016 for AED 1,106,256, or AED 1,651 per sqft.
Rented since March 2021 on 5 Ejari contracts, from AED 46,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 12,700 a year (AED 19.02 per sqft).
One-beds in Merano Tower sold for AED 980,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,571 per sqft.

Source: Dubai Land Department. Updated 19 May 2025.

Questions about 1002, Merano Tower

What did unit 1002 last sell for?

AED 1,106,256 on 24 May 2016, sold by the developer: AED 1,651 per sqft for 670 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 70,000 a year on the contract renewed on 19 May 2025. The previous contract, from May 2024, was AED 70,000; the unit has been rented since March 2021.

How big is unit 1002?

670 sqft (62.2 sqm): a one-bedroom apartment on the 10th floor of a 29-storey tower completed in 2020.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Merano Tower sold for AED 980,000 to 1,200,000 in the last 12 months, around AED 1,597 per sqft.

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Mortgage on 1002, Merano Tower

Starts from the last sale price (AED 1.11M, 24 May 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,106,256
Deposit, UAE resident (20%): AED 221,251
Deposit, non-resident (40%): AED 442,502
Monthly over 25 years at 3.7%: AED 4,526

Plus AED 51,473 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →