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1-bed · 663 sqftMerano Tower, Business Bay · 18th floor · completed 2020

1802, Merano Tower

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 11 September 2025
Last soldAED 1.07M5 March 2017
Current rentAED 66K /yr11 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1802, Merano Tower

What is 1802 worth today?

Last sold for AED 1,066,000 in 2017

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11 Sep 2025RentedRenewal
AED 65,701/yr8 months · AED 98 per sqft
11 Sep 2023RentedNew contract
AED 68,000/yr12 months · AED 102 per sqft
20 Aug 2022RentedRenewal
AED 52,000/yr12 months · AED 78 per sqft
20 Aug 2021RentedNew contract
AED 48,000/yr12 months · AED 72 per sqft
5 Mar 2017Sold by developerOff-plan
AED 1,066,000AED 1,607 per sqft

Source: Dubai Land Department. Updated 11 September 2025.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
18th of 29
Parking
B1-131
Developer
DAMAC
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 1.07M · March 2017
Building
Merano Tower

About 1802, Merano Tower

1802 is a one-bedroom apartment of 663 sqft on the 18th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 5 March 2017 for AED 1,066,000, or AED 1,607 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 11 September 2025, is AED 65,701 a year: a gross yield of 6.2% on the 2017 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, March 2017: AED 1,066,000 (AED 1,607 per sqft)

1802 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1802, 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, August 2021: AED 48,000 a yearRenewal, August 2022: AED 52,000 a yearNew contract, September 2023: AED 68,000 a yearRenewal, September 2025: AED 65,701 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 1802 sits

All 383 1-beds →

1802 last sold in March 2017 at AED 1,607 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,599). 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. 1802's AED 65,701 is at the bottom 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 18th floor

All 574 units in Merano Tower
Value
18011-bedAED 1.09M · Jul 2025
18031-bedAED 1.07M · Oct 2016
1804StudioAED 712K · Nov 2017
18051-bedAED 1.07M · Mar 2017
1806StudioAED 655K · Jul 2019
18071-bedAED 1.08M · Dec 2016
18081-bedAED 1.22M · Oct 2016
1–7 of 19

1802, Merano Tower in numbers

  • Sold once: by DAMAC on 5 March 2017 for AED 1,066,000, or AED 1,607 per sqft.
  • Rented since August 2021 on 4 Ejari contracts, from AED 48,000 to AED 65,701 a year.
  • At AED 65,701 a year the gross yield on the 2017 price is 6.2%, before a service charge of about AED 12,600 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 1802, Merano Tower

What did unit 1802 last sell for?

AED 1,066,000 on 5 March 2017, sold by the developer: AED 1,607 per sqft for 663 sqft. It is the only registered sale of the unit.

What is the rent for unit 1802?

AED 65,701 a year on the contract renewed on 11 September 2025. The previous contract, from September 2023, was AED 68,000; the unit has been rented since August 2021.

How big is unit 1802?

663 sqft (61.6 sqm): a one-bedroom apartment on the 18th floor of a 29-storey tower completed in 2020.

What is unit 1802 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 1802, Merano Tower

Starts from the last sale price (AED 1.07M, 5 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,066,000
Deposit, UAE resident (20%)
AED 213,200
Deposit, non-resident (40%)
AED 426,400
Monthly over 25 years at 3.7%
AED 4,361

Plus AED 49,782 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →