Home
Dubai prices
About
Research
1-bed · 771 sqftMerano Tower, Business Bay · 17th floor · completed 2020

1708, Merano Tower

Sold prices and rental history: sold twice, last in December 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 9 August 2025
Last soldAED 1M14 December 2022
Current rentAED 110K /yr9 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1708

Property timeline for 1708, Merano Tower

What is 1708 worth today?

Last sold for AED 1,000,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Aug 2025RentedNew contract
AED 110,000/yr12 months · AED 143 per sqft
1 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 156 per sqft
1 Mar 2023RentedNew contract
AED 129,600/yr12 months · AED 168 per sqft
14 Dec 2022SoldReady
AED 1,000,000AED 1,296 per sqft
4 Oct 2021Sold by developerReady
AED 1,106,000AED 1,433 per sqft

Source: Dubai Land Department. Updated 9 August 2025.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
17th of 29
Parking
B1-119
Developer
DAMAC
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 1M · December 2022
Building
Merano Tower

About 1708, Merano Tower

1708 is a one-bedroom apartment of 771 sqft on the 17th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 14 December 2022 for AED 1,000,000, or AED 1,296 per sqft, 10% below the AED 1,443 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 9 August 2025, is AED 110,000 a year: a gross yield of 11.0% on the 2022 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, 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, October 2021: AED 1,106,000 (AED 1,433 per sqft)Sold, December 2022: AED 1,000,000 (AED 1,296 per sqft)

1708 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1708, each contractTypical one-bed in Merano Tower
50K100K2020202220242026Typical 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, March 2023: AED 129,600 a yearNew contract, March 2024: AED 120,000 a yearNew contract, August 2025: AED 110,000 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 1708 sits

All 383 1-beds →

1708 last sold in December 2022 at AED 1,296 per sqft, 10% below what one-beds in Merano Tower were fetching at the time (AED 1,443). 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. 1708's AED 110,000 is in the upper 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 17th floor

All 574 units in Merano Tower
Value
17011-bedAED 965K · Oct 2016
17021-bedAED 1.07M · Aug 2016
17031-bedAED 1.07M · Sep 2016
1704StudioAED 575K · Aug 2021
17051-bedAED 1.07M · Sep 2016
1706StudioAED 655K · Oct 2019
17071-bedAED 1.06M · Aug 2017
1–7 of 20

1708, Merano Tower in numbers

  • Sold twice: first on 4 October 2021 for AED 1,106,000, last on 14 December 2022 for AED 1,000,000 (AED 1,296 per sqft).
  • Rented since March 2023 on 3 Ejari contracts, from AED 129,600 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 11.0%, before a service charge of about AED 14,700 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 9 August 2025.

Questions about 1708, Merano Tower

What did unit 1708 last sell for?

AED 1,000,000 on 14 December 2022: AED 1,296 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 1,106,000 in October 2021.

What is the rent for unit 1708?

AED 110,000 a year on the contract signed on 9 August 2025. The previous contract, from March 2024, was AED 120,000; the unit has been rented since March 2023.

How big is unit 1708?

771 sqft (71.6 sqm): a one-bedroom apartment on the 17th floor of a 29-storey tower completed in 2020.

What is unit 1708 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.

Selling 1708? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1708, Merano Tower

Starts from the last sale price (AED 1M, 14 December 2022). 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 →