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2-bed · 891 sqftMerano Tower, Business Bay · 10th floor · completed 2020

1013, Merano Tower

Sold prices and rental history: sold twice, last in February 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1013 · DLD and Ejari recordsUpdated 26 April 2025
Last soldAED 1.52M19 February 2024
Current rentAED 125K /yr26 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1013, Merano Tower

What is 1013 worth today?

Last sold for AED 1,520,000 in 2024

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26 Apr 2025RentedRenewal
AED 125,000/yr12 months · AED 140 per sqft
26 Apr 2024RentedNew contract
AED 125,000/yr12 months · AED 140 per sqft
19 Feb 2024SoldReady
AED 1,520,000AED 1,705 per sqft
20 Feb 2022RentedNew contract
AED 105,000/yr13 months · AED 118 per sqft
4 Jul 2018Sold by developerOff-plan
AED 1,413,000AED 1,585 per sqft

Source: Dubai Land Department. Updated 26 April 2025.

Key facts

Type
2-bed apartment
Size
891 sqft
Floor
10th of 29
Parking
P1-043
Developer
DAMAC
Completed
2020
Service charge
AED 16,900 /yr
Last sold
AED 1.52M · February 2024
Building
Merano Tower

About 1013, Merano Tower

1013 is a two-bedroom apartment of 891 sqft on the 10th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 19 February 2024 for AED 1,520,000, or AED 1,705 per sqft, 8% above the AED 1,584 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 26 April 2025, is AED 125,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 16,900 a year.

Sales and rents for 1013 over time

Sales
Unit 1013, each saleTypical two-bed in Merano Tower
1.2M1.4M1.6M2016201920222025Typical sale price by year: 2016 AED 1,508,800; 2017 AED 1,509,000; 2018 AED 1,416,000; 2019 AED 1,525,000; 2020 AED 1,169,783; 2021 AED 1,194,550; 2022 AED 1,292,540; 2023 AED 1,550,000; 2024 AED 1,477,500; 2025 AED 1,450,000Sold by developer, July 2018: AED 1,413,000 (AED 1,585 per sqft)Sold, February 2024: AED 1,520,000 (AED 1,705 per sqft)

1013 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1013, each contractTypical two-bed in Merano Tower
100K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 97,000; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 110,000New contract, February 2022: AED 105,000 a yearNew contract, April 2024: AED 125,000 a yearRenewal, April 2025: AED 125,000 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 Merano Tower, and where 1013 sits

All 79 2-beds →

1013 last sold in February 2024 at AED 1,705 per sqft, 8% above what two-beds in Merano Tower were fetching at the time (AED 1,584). Over the last 12 months two-beds sold for AED 1,200,000 to 1,500,000, around AED 1,559 per sqft, and rent for AED 99,225 to 135,000 a year. 1013's AED 125,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20261,400,000
6 Jan 20261,200,000
29 Dec 20251,400,000
17 Dec 20251,500,000
6 2-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
Value
10011-bedAED 900K · Aug 2023
10021-bedAED 1.11M · May 2016
10031-bedAED 945K · Nov 2021
1004StudioAED 740K · Jan 2024
10051-bedAED 1.06M · Mar 2025
1006StudioAED 650K · Oct 2023
10071-bedAED 1M · Jun 2016
1–7 of 19

1013, Merano Tower in numbers

  • Sold twice: first on 4 July 2018 for AED 1,413,000, last on 19 February 2024 for AED 1,520,000 (AED 1,705 per sqft).
  • Rented since February 2022 on 3 Ejari contracts, from AED 105,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 16,900 a year (AED 19.02 per sqft).
  • Two-beds in Merano Tower sold for AED 1,200,000–1,500,000 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 26 April 2025.

Questions about 1013, Merano Tower

What did unit 1013 last sell for?

AED 1,520,000 on 19 February 2024: AED 1,705 per sqft for 891 sqft. The unit has 2 registered sales; the first was AED 1,413,000 in July 2018.

What is the rent for unit 1013?

AED 125,000 a year on the contract renewed on 26 April 2025. The previous contract, from April 2024, was AED 125,000; the unit has been rented since February 2022.

How big is unit 1013?

891 sqft (82.8 sqm): a two-bedroom apartment on the 10th floor of a 29-storey tower completed in 2020.

What is unit 1013 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Merano Tower sold for AED 1,200,000 to 1,500,000 in the last 12 months, around AED 1,559 per sqft.

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Mortgage on 1013, Merano Tower

Starts from the last sale price (AED 1.52M, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

Plus AED 68,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →