1-bed · 668 sqftMerano Tower, Business Bay · 17th floor · completed 2020

1717, 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 May 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1717 · DLD and Ejari recordsUpdated 16 May 2023

Last soldAED 1.05M16 May 2023

Current rentAED 50K /yr8 December 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1717, Merano Tower

Today

What is 1717 worth today?

Last sold for AED 1,050,000 in 2023

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16 May 2023

16 May 2023SoldReady

AED 1,050,000AED 1,571 per sqft

8 Dec 2022

8 Dec 2022RentedRenewal

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

8 Dec 2021

8 Dec 2021RentedRenewal

AED 47,000/yr12 months · AED 70 per sqft

8 Dec 2020

8 Dec 2020RentedNew contract

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

21 Feb 2019

21 Feb 2019Sold by developerOff-plan

AED 1,057,320AED 1,582 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 May 2023.

Key facts

Type: 1-bed apartment
Size: 668 sqft
Floor: 17th of 29
Parking: B1-126
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.05M · May 2023
Building: Merano Tower

About 1717, Merano Tower

1717 is a one-bedroom apartment of 668 sqft on the 17th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 16 May 2023 for AED 1,050,000, or AED 1,571 per sqft, 4% above the AED 1,505 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 8 December 2022, is AED 50,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1717 over time

Sales

Unit 1717, each saleTypical one-bed in Merano Tower

1717 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1717, 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 1717 sits

All 383 1-beds →

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

1717 last sold in May 2023 at AED 1,571 per sqft, 4% above what one-beds in Merano Tower were fetching at the time (AED 1,505). 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. 1717's AED 50,000 is at the bottom 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
1705	1-bed	669 sqft	AED 1.07MAED 1,065,600 · Sep 2016September 2016	80,000 /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
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

1717, Merano Tower in numbers

Sold twice: first on 21 February 2019 for AED 1,057,320, last on 16 May 2023 for AED 1,050,000 (AED 1,571 per sqft).
Rented since December 2020 on 3 Ejari contracts, from AED 44,000 to AED 50,000 a year.
At AED 50,000 a year the gross yield on the 2023 price is 4.8%, 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: YallaValue analysis of Dubai Land Department records. Updated 16 May 2023.

Questions about 1717, Merano Tower

What did unit 1717 last sell for?

AED 1,050,000 on 16 May 2023: AED 1,571 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 1,057,320 in February 2019.

What is the rent for unit 1717?

AED 50,000 a year on the contract renewed on 8 December 2022. The previous contract, from December 2021, was AED 47,000; the unit has been rented since December 2020.

How big is unit 1717?

668 sqft (62.1 sqm): a one-bedroom apartment on the 17th floor of a 29-storey tower completed in 2020.

What is unit 1717 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 1717, Merano Tower

Starts from the last sale price (AED 1.05M, 16 May 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,050,000
Deposit, UAE resident (20%): AED 210,000
Deposit, non-resident (40%): AED 420,000
Monthly over 25 years at 3.7%: AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →