644 sqftMerano Tower, Business Bay · 10th floor · completed 2020

1012, 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 twice, last in September 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1012 · DLD and Ejari recordsUpdated 2 September 2025

Last soldAED 1.04M2 September 2025

Current rentAED 63K /yr19 March 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1012, Merano Tower

Today

What is 1012 worth today?

Last sold for AED 1,040,000 in 2025

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2 Sep 2025

2 Sep 2025SoldReady

AED 1,040,000AED 1,615 per sqft

19 Mar 2024

19 Mar 2024RentedRenewal

AED 62,711/yr7 months · AED 97 per sqft

19 Mar 2023

19 Mar 2023RentedRenewal

AED 63,000/yr12 months · AED 98 per sqft

19 Mar 2022

19 Mar 2022RentedNew contract

AED 60,000/yr12 months · AED 93 per sqft

12 Dec 2017

12 Dec 2017Sold by developerOff-plan

AED 1,037,000AED 1,633 per sqft

Source: Dubai Land Department. Updated 2 September 2025.

Key facts

Type: Apartment
Size: 644 sqft
Floor: 10th of 29
Parking: B1-009
Developer: DAMAC
Completed: 2020
Service charge: AED 12,200 /yr
Last sold: AED 1.04M · September 2025
Building: Merano Tower

About 1012, Merano Tower

1012 is an apartment of 644 sqft on the 10th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 2 September 2025 for AED 1,040,000, or AED 1,615 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 19 March 2024, is AED 62,711 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 12,200 a year.

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
1002	1-bed	670 sqft	AED 1.11MAED 1,106,256 · May 2016May 2016	70,000 /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
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

1012, Merano Tower in numbers

Sold twice: first on 12 December 2017 for AED 1,037,000, last on 2 September 2025 for AED 1,040,000 (AED 1,615 per sqft).
Rented since March 2022 on 3 Ejari contracts, from AED 60,000 to AED 62,711 a year.
At AED 62,711 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 12,200 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 2 September 2025.

Questions about 1012, Merano Tower

What did unit 1012 last sell for?

AED 1,040,000 on 2 September 2025: AED 1,615 per sqft for 644 sqft. The unit has 2 registered sales; the first was AED 1,037,000 in December 2017.

What is the rent for unit 1012?

AED 62,711 a year on the contract renewed on 19 March 2024. The previous contract, from March 2023, was AED 63,000; the unit has been rented since March 2022.

How big is unit 1012?

644 sqft (59.8 sqm): an apartment on the 10th floor of a 29-storey tower completed in 2020.

What is unit 1012 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 1012, Merano Tower

Starts from the last sale price (AED 1.04M, 2 September 2025). Switch to today's estimate once you have unlocked it.

Price: AED 1,040,000
Deposit, UAE resident (20%): AED 208,000
Deposit, non-resident (40%): AED 416,000
Monthly over 25 years at 3.7%: AED 4,255

Plus AED 48,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →