1-bed · 629 sqftMerano Tower, Business Bay · 2nd floor · completed 2020

209, Merano Tower

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 570K7 June 2021
Current rentAED 75K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Merano Tower

What is 209 worth today?

Last sold for AED 570,000 in 2021

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10 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 119 per sqft
10 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 120 per sqft
11 Jun 2024RentedRenewal
AED 75,000/yr12 months · AED 120 per sqft
11 Jun 2023RentedNew contract
AED 75,000/yr12 months · AED 120 per sqft
27 Jul 2021RentedNew contract
AED 44,000/yr12 months · AED 70 per sqft
7 Jun 2021SoldReady
AED 570,000AED 905 per sqft
2 Sep 2019Sold by developerOff-plan
AED 1,028,000AED 1,633 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
1-bed apartment
Size
629 sqft
Floor
2nd of 29
Parking
B3-097
Developer
DAMAC
Completed
2020
Service charge
AED 12,000 /yr
Last sold
AED 570K · June 2021
Building
Merano Tower

About 209, Merano Tower

209 is a one-bedroom apartment of 629 sqft on the 2nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 7 June 2021 for AED 570,000, or AED 905 per sqft, 25% below the AED 1,201 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 10 July 2025, is AED 75,000 a year: a gross yield of 13.2% on the 2021 price, before the service charge of about AED 12,000 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in Merano Tower
500K1M2016201920222025Typical 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, September 2019: AED 1,028,000 (AED 1,633 per sqft)Sold, June 2021: AED 570,000 (AED 905 per sqft)

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

Rents
Unit 209, 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, July 2021: AED 44,000 a yearNew contract, June 2023: AED 75,000 a yearRenewal, June 2024: AED 75,000 a yearNew contract, July 2025: AED 75,000 a yearNew contract, July 2025: AED 75,000 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 209 sits

All 383 1-beds →

209 last sold in June 2021 at AED 905 per sqft, 25% below what one-beds in Merano Tower were fetching at the time (AED 1,201). 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. 209's AED 75,000 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 2nd floor

All 574 units in Merano Tower
Value
2011-bedAED 1.14M · Oct 2019
2021-bedAED 997K · Oct 2021
2031-bedAED 1M · Sep 2024
2041-bedAED 1.17M · Mar 2020
205AED 532K · Oct 2025
2061-bedAED 1.18M · Nov 2019
2071-bedAED 1.28M · Aug 2024
1–7 of 18

209, Merano Tower in numbers

  • Sold twice: first on 2 September 2019 for AED 1,028,000, last on 7 June 2021 for AED 570,000 (AED 905 per sqft).
  • Rented since July 2021 on 5 Ejari contracts, from AED 44,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 13.2%, before a service charge of about AED 12,000 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 10 July 2025.

Questions about 209, Merano Tower

What did unit 209 last sell for?

AED 570,000 on 7 June 2021: AED 905 per sqft for 629 sqft. The unit has 2 registered sales; the first was AED 1,028,000 in September 2019.

What is the rent for unit 209?

AED 75,000 a year on the contract signed on 10 July 2025. The previous contract, from July 2025, was AED 75,000; the unit has been rented since July 2021.

How big is unit 209?

629 sqft (58.4 sqm): a one-bedroom apartment on the 2nd floor of a 29-storey tower completed in 2020.

What is unit 209 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 209, Merano Tower

Starts from the last sale price (AED 570K, 7 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

Plus AED 28,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →