1-bed · 662 sqftMerano Tower, Business Bay · 12th floor · completed 2020

1216, 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 August 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1216 · DLD and Ejari recordsUpdated 11 January 2026

Last soldAED 640K12 August 2020

Current rentAED 76K /yr11 January 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1216, Merano Tower

Today

What is 1216 worth today?

Last sold for AED 640,000 in 2020

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11 Jan 2026

11 Jan 2026RentedRenewal

AED 76,000/yr12 months · AED 116 per sqft

11 Jan 2025

11 Jan 2025RentedNew contract

AED 76,000/yr12 months · AED 114 per sqft

4 Nov 2023

4 Nov 2023RentedRenewal

AED 70,000/yr9 months · AED 105 per sqft

4 Nov 2022

4 Nov 2022RentedNew contract

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

1 Nov 2021

1 Nov 2021RentedRenewal

AED 50,000/yr12 months · AED 75 per sqft

1 Nov 2020

1 Nov 2020RentedNew contract

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

12 Aug 2020

12 Aug 2020SoldReady

AED 640,000AED 966 per sqft

7 Oct 2019

7 Oct 2019Sold by developerOff-plan

AED 1,169,450AED 1,765 per sqft

Source: Dubai Land Department. Updated 11 January 2026.

Key facts

Type: 1-bed apartment
Size: 662 sqft
Floor: 12th of 29
Parking: B1-038
Developer: DAMAC
Completed: 2020
Service charge: AED 12,600 /yr
Last sold: AED 640K · August 2020
Building: Merano Tower

About 1216, Merano Tower

1216 is a one-bedroom apartment of 662 sqft on the 12th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 12 August 2020 for AED 640,000, or AED 966 per sqft, 40% below the AED 1,609 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 11 January 2026, is AED 76,000 a year: a gross yield of 11.9% on the 2020 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1216 over time

Sales

Unit 1216, each saleTypical one-bed in Merano Tower

1216 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1216, 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 1216 sits

All 383 1-beds →

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

1216 last sold in August 2020 at AED 966 per sqft, 40% below what one-beds in Merano Tower were fetching at the time (AED 1,609). 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. 1216's AED 76,000 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 12th floor

All 574 units in Merano Tower


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
1206	Studio	331 sqft	AED 425KAED 425,000 · Jun 2021June 2021	62,000 /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
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

1–7 of 20

1216, Merano Tower in numbers

Sold twice: first on 7 October 2019 for AED 1,169,450, last on 12 August 2020 for AED 640,000 (AED 966 per sqft).
Rented since November 2020 on 6 Ejari contracts, from AED 46,000 to AED 76,000 a year.
At AED 76,000 a year the gross yield on the 2020 price is 11.9%, before a service charge of about AED 12,600 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 11 January 2026.

Questions about 1216, Merano Tower

What did unit 1216 last sell for?

AED 640,000 on 12 August 2020: AED 966 per sqft for 662 sqft. The unit has 2 registered sales; the first was AED 1,169,450 in October 2019.

What is the rent for unit 1216?

AED 76,000 a year on the contract renewed on 11 January 2026. The previous contract, from January 2025, was AED 76,000; the unit has been rented since November 2020.

How big is unit 1216?

662 sqft (61.5 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2020.

What is unit 1216 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 1216, Merano Tower

Starts from the last sale price (AED 640K, 12 August 2020). Switch to today's estimate once you have unlocked it.

Price: AED 640,000
Deposit, UAE resident (20%): AED 128,000
Deposit, non-resident (40%): AED 256,000
Monthly over 25 years at 3.7%: AED 2,618

Plus AED 31,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →