1-bed · 669 sqftMerano Tower, Business Bay · 17th floor · completed 2020

1705, 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 once, by the developer in September 2016, 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 1705 · DLD and Ejari recordsUpdated 21 September 2025

Last soldAED 1.07M4 September 2016

Current rentAED 80K /yr21 September 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1705, Merano Tower

Today

What is 1705 worth today?

Last sold for AED 1,065,600 in 2016

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21 Sep 2025

21 Sep 2025RentedNew contract

AED 80,000/yr12 months · AED 120 per sqft

7 Jan 2023

7 Jan 2023RentedRenewal

AED 62,831/yr12 months · AED 94 per sqft

7 Jan 2022

7 Jan 2022RentedNew contract

AED 60,000/yr12 months · AED 90 per sqft

28 Sep 2020

28 Sep 2020RentedNew contract

AED 44,000/yr12 months · AED 66 per sqft

4 Sep 2016

4 Sep 2016Sold by developerOff-plan

AED 1,065,600AED 1,592 per sqft

Source: Dubai Land Department. Updated 21 September 2025.

Key facts

Type: 1-bed apartment
Size: 669 sqft
Floor: 17th of 29
Parking: B1-117
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.07M · September 2016
Building: Merano Tower

About 1705, Merano Tower

1705 is a one-bedroom apartment of 669 sqft on the 17th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 4 September 2016 for AED 1,065,600, or AED 1,592 per sqft, in line with the AED 1,607 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 21 September 2025, is AED 80,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1705 over time

Sales

Unit 1705, each saleTypical one-bed in Merano Tower

1705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1705, 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 1705 sits

All 383 1-beds →

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

1705 last sold in September 2016 at AED 1,592 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,607). 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. 1705's AED 80,000 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 17th floor

All 574 units in Merano Tower


1701	1-bed	616 sqft	AED 965KAED 964,800 · Oct 2016October 2016
1702	1-bed	663 sqft	AED 1.07MAED 1,065,600 · Aug 2016August 2016	88,000 /yr
1703	1-bed	663 sqft	AED 1.07MAED 1,065,600 · Sep 2016September 2016	96,000 /yr
1704	Studio	398 sqft	AED 575KAED 575,000 · Aug 2021August 2021	52,500 /yr
1706	Studio	327 sqft	AED 655KAED 655,000 · Oct 2019October 2019	60,000 /yr
1707	1-bed	668 sqft	AED 1.06MAED 1,061,000 · Aug 2017August 2017	50,000 /yr
1708	1-bed	771 sqft	AED 1MAED 1,000,000 · Dec 2022December 2022	110,000 /yr
1709	1-bed	644 sqft	AED 907KAED 907,000 · Jul 2023July 2023	58,000 /yr
1710	1-bed	644 sqft	AED 1.02MAED 1,016,000 · Dec 2023December 2023	78,000 /yr
1711	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Dec 2016December 2016	66,000 /yr
1712	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Nov 2016November 2016	63,525 /yr
1713	2-bed	891 sqft	AED 1.4MAED 1,400,000 · Feb 2026February 2026	105,000 /yr
1714	2-bed	956 sqft	AED 1.47MAED 1,470,000 · Apr 2025April 2025	105,000 /yr
1715	2-bed	982 sqft	AED 1.58MAED 1,578,000 · Mar 2017March 2017	110,266 /yr
1716	1-bed	664 sqft	AED 1.15MAED 1,150,000 · May 2024May 2024	90,000 /yr
1717	1-bed	668 sqft	AED 1.05MAED 1,050,000 · May 2023May 2023	50,000 /yr
1718	1-bed	668 sqft	AED 1.15MAED 1,150,000 · Aug 2024August 2024	100,000 /yr
1719	1-bed	668 sqft	AED 1.07MAED 1,065,600 · Feb 2017February 2017	70,000 /yr
1720	Studio	334 sqft	AED 592KAED 592,000 · Apr 2018April 2018	60,000 /yr
1717A	1-bed	753 sqft	AED 1.25MAED 1,247,000 · Mar 2020March 2020	78,000 /yr

1–7 of 20

1705, Merano Tower in numbers

Sold once: by DAMAC on 4 September 2016 for AED 1,065,600, or AED 1,592 per sqft.
Rented since September 2020 on 4 Ejari contracts, from AED 44,000 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2016 price is 7.5%, 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 21 September 2025.

Questions about 1705, Merano Tower

What did unit 1705 last sell for?

AED 1,065,600 on 4 September 2016, sold by the developer: AED 1,592 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 80,000 a year on the contract signed on 21 September 2025. The previous contract, from January 2023, was AED 62,831; the unit has been rented since September 2020.

How big is unit 1705?

669 sqft (62.2 sqm): a one-bedroom apartment on the 17th floor of a 29-storey tower completed in 2020.

What is unit 1705 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 1705, Merano Tower

Starts from the last sale price (AED 1.07M, 4 September 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,065,600
Deposit, UAE resident (20%): AED 213,120
Deposit, non-resident (40%): AED 426,240
Monthly over 25 years at 3.7%: AED 4,360

Plus AED 49,765 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →