Studio · 334 sqftMerano Tower, Business Bay · 10th floor · completed 2020

1020, 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 January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1020 · DLD and Ejari recordsUpdated 13 January 2025

Last soldAED 770K13 January 2025

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Today's valuefree after one verification

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Property timeline for 1020, Merano Tower

Today

What is 1020 worth today?

Last sold for AED 770,000 in 2025

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13 Jan 2025

13 Jan 2025SoldReady

AED 770,000AED 2,303 per sqft

31 Aug 2016

31 Aug 2016Sold by developerOff-plan

AED 538,992AED 1,612 per sqft

Source: Dubai Land Department. Updated 13 January 2025.

Key facts

Type: Studio apartment
Size: 334 sqft
Floor: 10th of 29
Parking: B3-123
Developer: DAMAC
Completed: 2020
Service charge: AED 6,400 /yr
Last sold: AED 770K · January 2025
Building: Merano Tower

About 1020, Merano Tower

1020 is a studio of 334 sqft on the 10th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 13 January 2025 for AED 770,000, or AED 2,303 per sqft, 10% above the AED 2,094 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1020 over time

Sales

Unit 1020, each saleTypical studio in Merano Tower

1020 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1020, each contractTypical studio in Merano Tower

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

Studios in Merano Tower, and where 1020 sits

All 79 studios →

Merano Tower · all types1,571 /sqft

1020 last sold in January 2025 at AED 2,303 per sqft, 10% above what studios in Merano Tower were fetching at the time (AED 2,094).

Recent studio sales	Size	Price (AED)	Per sqft
10 Jun 202510 June 2025	331 sqft	790,000	2,385
19 May 202519 May 2025	334 sqft	750,000	2,244
13 May 202513 May 2025	398 sqft	750,000	1,884
25 Feb 202525 February 2025	334 sqft	700,000	2,094

0 studio 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
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
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

1–7 of 19

1020, Merano Tower in numbers

Sold twice: first on 31 August 2016 for AED 538,992, last on 13 January 2025 for AED 770,000 (AED 2,303 per sqft).

Source: Dubai Land Department. Updated 13 January 2025.

Questions about 1020, Merano Tower

What did unit 1020 last sell for?

AED 770,000 on 13 January 2025: AED 2,303 per sqft for 334 sqft. The unit has 2 registered sales; the first was AED 538,992 in August 2016.

How big is unit 1020?

334 sqft (31.0 sqm): a studio on the 10th floor of a 29-storey tower completed in 2020.

What is unit 1020 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 1020, Merano Tower

Starts from the last sale price (AED 770K, 13 January 2025). Switch to today's estimate once you have unlocked it.

Price: AED 770,000
Deposit, UAE resident (20%): AED 154,000
Deposit, non-resident (40%): AED 308,000
Monthly over 25 years at 3.7%: AED 3,150

Plus AED 37,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →