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1-bed · 668 sqftMerano Tower, Business Bay · 20th floor · completed 2020

2007, Merano Tower

Sold prices and rental history: sold once, by the developer in June 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2007 · DLD and Ejari recordsUpdated 8 March 2025
Last soldAED 1.04M22 June 2016
Current rentAED 80K /yr8 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2007, Merano Tower

What is 2007 worth today?

Last sold for AED 1,041,869 in 2016

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8 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
5 Mar 2024RentedRenewal
AED 66,150/yr12 months · AED 99 per sqft
1 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
22 Jun 2016Sold by developerOff-plan
AED 1,041,869AED 1,559 per sqft

Source: Dubai Land Department. Updated 8 March 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
20th of 29
Parking
B1-165
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.04M · June 2016
Building
Merano Tower

About 2007, Merano Tower

2007 is a one-bedroom apartment of 668 sqft on the 20th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 22 June 2016 for AED 1,041,869, or AED 1,559 per sqft, in line with the AED 1,604 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 8 March 2025, is AED 80,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2007 over time

Sales
Unit 2007, 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, June 2016: AED 1,041,869 (AED 1,559 per sqft)

2007 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2007, 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, December 2020: AED 45,000 a yearRenewal, March 2024: AED 66,150 a yearNew contract, March 2025: AED 80,000 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 2007 sits

All 383 1-beds →

2007 last sold in June 2016 at AED 1,559 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,604). 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. 2007's AED 80,000 is in the lower 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 20th floor

All 574 units in Merano Tower
Value
20011-bedAED 965K · Jan 2017
20021-bedAED 1.03M · Aug 2023
20031-bedAED 737K · Jun 2020
2004StudioAED 875K · Aug 2016
20051-bedAED 950K · Sep 2023
2006StudioAED 300K · Sep 2019
20081-bedAED 1.21M · Jun 2025
1–7 of 19

2007, Merano Tower in numbers

  • Sold once: by DAMAC on 22 June 2016 for AED 1,041,869, or AED 1,559 per sqft.
  • Rented since December 2020 on 3 Ejari contracts, from AED 45,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2016 price is 7.7%, 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 8 March 2025.

Questions about 2007, Merano Tower

What did unit 2007 last sell for?

AED 1,041,869 on 22 June 2016, sold by the developer: AED 1,559 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 2007?

AED 80,000 a year on the contract signed on 8 March 2025. The previous contract, from March 2024, was AED 66,150; the unit has been rented since December 2020.

How big is unit 2007?

668 sqft (62.1 sqm): a one-bedroom apartment on the 20th floor of a 29-storey tower completed in 2020.

What is unit 2007 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 2007, Merano Tower

Starts from the last sale price (AED 1.04M, 22 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,041,869
Deposit, UAE resident (20%)
AED 208,374
Deposit, non-resident (40%)
AED 416,748
Monthly over 25 years at 3.7%
AED 4,263

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →