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

1718, 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 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1718

Unit 1718 · DLD and Ejari recordsUpdated 9 August 2024

Last soldAED 1.15M9 August 2024

Current rentAED 100K /yr8 November 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1718

Property timeline for 1718, Merano Tower

Today

What is 1718 worth today?

Last sold for AED 1,150,000 in 2024

Unlock today's estimate, updated daily, with

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

9 Aug 2024

9 Aug 2024SoldReady

AED 1,150,000AED 1,722 per sqft

8 Nov 2023

8 Nov 2023RentedNew contract

AED 100,000/yr12 months · AED 150 per sqft

12 Sep 2021

12 Sep 2021RentedNew contract

AED 65,000/yr12 months · AED 97 per sqft

4 Jul 2021

4 Jul 2021RentedNew contract

AED 81,000/yr12 months · AED 121 per sqft

29 Sep 2016

29 Sep 2016Sold by developerOff-plan

AED 1,078,400AED 1,615 per sqft

Source: Dubai Land Department. Updated 9 August 2024.

Key facts

Type: 1-bed apartment
Size: 668 sqft
Floor: 17th of 29
Parking: B1-128
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.15M · August 2024
Building: Merano Tower

About 1718, Merano Tower

1718 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 9 August 2024 for AED 1,150,000, or AED 1,722 per sqft, 10% above the AED 1,571 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 8 November 2023, is AED 100,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1718 over time

Sales

Unit 1718, each saleTypical one-bed in Merano Tower

1718 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1718, 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 1718 sits

All 383 1-beds →

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

1718 last sold in August 2024 at AED 1,722 per sqft, 10% above what one-beds in Merano Tower were fetching at the time (AED 1,571). 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. 1718's AED 100,000 is in the upper 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
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
1717	1-bed	668 sqft	AED 1.05MAED 1,050,000 · May 2023May 2023	50,000 /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

1718, Merano Tower in numbers

Sold twice: first on 29 September 2016 for AED 1,078,400, last on 9 August 2024 for AED 1,150,000 (AED 1,722 per sqft).
Rented since July 2021 on 3 Ejari contracts. The rent fell from AED 81,000 to AED 65,000 in 2021 and recovered to AED 100,000 by November 2023.
At AED 100,000 a year the gross yield on the 2024 price is 8.7%, 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 9 August 2024.

Questions about 1718, Merano Tower

What did unit 1718 last sell for?

AED 1,150,000 on 9 August 2024: AED 1,722 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 1,078,400 in September 2016.

What is the rent for unit 1718?

AED 100,000 a year on the contract signed on 8 November 2023. The previous contract, from September 2021, was AED 65,000; the unit has been rented since July 2021.

How big is unit 1718?

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

What is unit 1718 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 1718? 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 1718, Merano Tower

Starts from the last sale price (AED 1.15M, 9 August 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,150,000
Deposit, UAE resident (20%): AED 230,000
Deposit, non-resident (40%): AED 460,000
Monthly over 25 years at 3.7%: AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →