1206, Merano Tower
Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Merano Tower
What is 1206 worth today?
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Source: Dubai Land Department. Updated 30 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 331 sqft
- Floor
- 12th of 29
- Parking
- B3-128
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,300 /yr
- Last sold
- AED 425K · June 2021
- Building
- Merano Tower
About 1206, Merano Tower
1206 is a studio of 331 sqft on the 12th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 10 June 2021 for AED 425,000, or AED 1,283 per sqft, 13% below the AED 1,471 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 30 December 2025, is AED 62,000 a year: a gross yield of 14.6% on the 2021 price, before the service charge of about AED 6,300 a year.
Sales and rents for 1206 over time
1206 has sold twice; the dashed line is the studio median of each year in the building.
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 1206 sits
All 79 studios →1206 last sold in June 2021 at AED 1,283 per sqft, 13% below what studios in Merano Tower were fetching at the time (AED 1,471). 1206's AED 62,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Merano Tower
Building574 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%
Other units on the 12th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 616 sqft | AED 1.1MAED 1,096,000 · Oct 2020October 2020 | 81,000 /yr | |
| 1202 | 1-bed | 670 sqft | AED 1.1MAED 1,100,000 · Feb 2024February 2024 | 81,000 /yr | |
| 1203 | 1-bed | 663 sqft | AED 1.06MAED 1,061,000 · Apr 2017April 2017 | 83,000 /yr | |
| 1204 | Studio | 398 sqft | AED 800KAED 800,000 · Dec 2024December 2024 | 55,000 /yr | |
| 1205 | 1-bed | 669 sqft | AED 1.08MAED 1,081,000 · Feb 2019February 2019 | 86,000 /yr | |
| 1207 | 1-bed | 668 sqft | AED 880KAED 880,000 · Mar 2022March 2022 | 92,000 /yr | |
| 1208 | 1-bed | 771 sqft | AED 1.34MAED 1,336,000 · Dec 2022December 2022 | ||
| 1209 | 1-bed | 644 sqft | AED 986KAED 985,800 · Jun 2016June 2016 | 65,000 /yr | |
| 1210 | 1-bed | 635 sqft | AED 1.02MAED 1,018,000 · Jul 2017July 2017 | 75,000 /yr | |
| 1211 | 1-bed | 644 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | 126,000 /yr | |
| 1212 | 1-bed | 635 sqft | AED 1MAED 1,000,100 · Sep 2019September 2019 | 78,000 /yr | |
| 1213 | 2-bed | 891 sqft | AED 1.46MAED 1,458,000 · Oct 2017October 2017 | ||
| 1214 | 2-bed | 956 sqft | AED 1.51MAED 1,508,800 · Aug 2016August 2016 | 110,000 /yr | |
| 1215 | 2-bed | 991 sqft | AED 1.58MAED 1,577,600 · Aug 2016August 2016 | 110,000 /yr | |
| 1216 | 1-bed | 662 sqft | AED 640KAED 640,000 · Aug 2020August 2020 | 76,000 /yr | |
| 1217 | 1-bed | 668 sqft | AED 940KAED 940,000 · May 2023May 2023 | 85,500 /yr | |
| 1218 | 1-bed | 668 sqft | AED 1.08MAED 1,078,400 · Apr 2017April 2017 | 77,791 /yr | |
| 1219 | 1-bed | 668 sqft | AED 1.1MAED 1,100,000 · Feb 2026February 2026 | 69,090 /yr | |
| 1220 | Studio | 334 sqft | AED 566KAED 566,352 · Aug 2016August 2016 | 55,000 /yr | |
| 1217A | 1-bed | 753 sqft | AED 1.24MAED 1,240,000 · Nov 2019November 2019 | 73,000 /yr |
1206, Merano Tower in numbers
- Sold twice: first on 16 May 2017 for AED 582,000, last on 10 June 2021 for AED 425,000 (AED 1,283 per sqft).
- Rented since August 2020 on 6 Ejari contracts, from AED 33,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2021 price is 14.6%, before a service charge of about AED 6,300 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 30 December 2025.
Questions about 1206, Merano Tower
What did unit 1206 last sell for?
AED 425,000 on 10 June 2021: AED 1,283 per sqft for 331 sqft. The unit has 2 registered sales; the first was AED 582,000 in May 2017.
What is the rent for unit 1206?
AED 62,000 a year on the contract renewed on 30 December 2025. The previous contract, from December 2024, was AED 62,000; the unit has been rented since August 2020.
How big is unit 1206?
331 sqft (30.8 sqm): a studio on the 12th floor of a 29-storey tower completed in 2020.
What is unit 1206 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 1206, Merano Tower
Starts from the last sale price (AED 425K, 10 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus AED 20,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →