1-bed · 668 sqftMerano Tower, Business Bay · 13th floor · completed 2020

1317, Merano Tower

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1317 · DLD and Ejari recordsUpdated 11 September 2025
Last soldAED 1M28 October 2024
Current rentAED 73K /yr11 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1317, Merano Tower

What is 1317 worth today?

Last sold for AED 1,000,000 in 2024

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11 Sep 2025RentedRenewal
AED 72,550/yr12 months · AED 109 per sqft
28 Oct 2024SoldReady
AED 1,000,000AED 1,496 per sqft
11 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
13 Sep 2023RentedRenewal
AED 60,000/yr12 months · AED 90 per sqft
13 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
1 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
18 Aug 2021Sold by developerReady
AED 867,180AED 1,297 per sqft

Source: Dubai Land Department. Updated 11 September 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
13th of 29
Parking
B1-054
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1M · October 2024
Building
Merano Tower

About 1317, Merano Tower

1317 is a one-bedroom apartment of 668 sqft on the 13th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 28 October 2024 for AED 1,000,000, or AED 1,496 per sqft, 7% below the AED 1,616 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 11 September 2025, is AED 72,550 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1317 over time

Sales
Unit 1317, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical sale price by year: 2016 AED 1,059,200; 2017 AED 1,061,000; 2018 AED 1,069,110; 2019 AED 1,084,000; 2020 AED 995,000; 2021 AED 804,000; 2022 AED 997,000; 2023 AED 970,000; 2024 AED 1,100,000; 2025 AED 1,060,000; 2026 AED 1,130,000Sold by developer, August 2021: AED 867,180 (AED 1,297 per sqft)Sold, October 2024: AED 1,000,000 (AED 1,496 per sqft)

1317 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1317, each contractTypical one-bed in Merano Tower
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 48,000; 2022 AED 60,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 80,000New contract, September 2021: AED 50,000 a yearNew contract, September 2022: AED 60,000 a yearRenewal, September 2023: AED 60,000 a yearNew contract, September 2024: AED 60,000 a yearRenewal, September 2025: AED 72,550 a year

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 1317 sits

All 383 1-beds →

1317 last sold in October 2024 at AED 1,496 per sqft, 7% below what one-beds in Merano Tower were fetching at the time (AED 1,616). 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. 1317's AED 72,550 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20261,100,000
4 Feb 20261,170,000
22 Jan 20261,200,000
15 Jan 20261,100,000
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 13th floor

All 574 units in Merano Tower
Value
13011-bedAED 996K · Jun 2016
13021-bedAED 1.15M · Dec 2022
13031-bedAED 1.07M · Dec 2016
1304StudioAED 699K · Dec 2018
13051-bedAED 1.07M · Oct 2016
1306StudioAED 457K · Dec 2020
13071-bedAED 1.08M · Jun 2016
1–7 of 20

1317, Merano Tower in numbers

  • Sold twice: first on 18 August 2021 for AED 867,180, last on 28 October 2024 for AED 1,000,000 (AED 1,496 per sqft).
  • Rented since September 2021 on 5 Ejari contracts, from AED 50,000 to AED 72,550 a year.
  • At AED 72,550 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 12,700 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 September 2025.

Questions about 1317, Merano Tower

What did unit 1317 last sell for?

AED 1,000,000 on 28 October 2024: AED 1,496 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 867,180 in August 2021.

What is the rent for unit 1317?

AED 72,550 a year on the contract renewed on 11 September 2025. The previous contract, from September 2024, was AED 60,000; the unit has been rented since September 2021.

How big is unit 1317?

668 sqft (62.1 sqm): a one-bedroom apartment on the 13th floor of a 29-storey tower completed in 2020.

What is unit 1317 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 1317, Merano Tower

Starts from the last sale price (AED 1M, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →