1-bed · 742 sqftMerano Tower, Business Bay · 2nd floor · completed 2020

218, Merano Tower

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

Unit 218 · DLD and Ejari recordsUpdated 14 January 2026
Last soldAED 1.15M18 March 2020
Current rentAED 75K /yr14 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, Merano Tower

What is 218 worth today?

Last sold for AED 1,146,000 in 2020

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14 Jan 2026RentedNew contract
AED 75,000/yr12 months · AED 101 per sqft
24 Jan 2025RentedRenewal
AED 75,000/yr12 months · AED 102 per sqft
14 Jan 2025RentedRenewal
AED 75,000/yr12 months · AED 101 per sqft
14 Jan 2025RentedRenewal
AED 75,000/yr12 months · AED 101 per sqft
14 Jan 2024RentedNew contract
AED 75,000/yr12 months · AED 101 per sqft
10 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
12 Nov 2021RentedRenewal
AED 47,400/yr12 months · AED 64 per sqft
12 Nov 2020RentedNew contract
AED 44,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 14 January 2026.

Key facts

Type
1-bed apartment
Size
742 sqft
Floor
2nd of 29
Parking
B3-118
Developer
DAMAC
Completed
2020
Service charge
AED 14,100 /yr
Last sold
AED 1.15M · March 2020
Building
Merano Tower

About 218, Merano Tower

218 is a one-bedroom apartment of 742 sqft on the 2nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 18 March 2020 for AED 1,146,000, or AED 1,545 per sqft, 6% below the AED 1,639 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 14 January 2026, is AED 75,000 a year: a gross yield of 6.5% on the 2020 price, before the service charge of about AED 14,100 a year.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical 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 2020: AED 1,146,000 (AED 1,545 per sqft)

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

Rents
Unit 218, 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, November 2020: AED 44,000 a yearRenewal, November 2021: AED 47,400 a yearNew contract, December 2022: AED 70,000 a yearNew contract, January 2024: AED 75,000 a yearRenewal, January 2025: AED 75,000 a yearRenewal, January 2025: AED 75,000 a yearRenewal, January 2025: AED 75,000 a yearNew contract, January 2026: 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 218 sits

All 383 1-beds →

218 last sold in March 2020 at AED 1,545 per sqft, 6% below what one-beds in Merano Tower were fetching at the time (AED 1,639). 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. 218'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

218, Merano Tower in numbers

  • Sold once: by DAMAC on 18 March 2020 for AED 1,146,000, or AED 1,545 per sqft.
  • Rented since November 2020 on 8 Ejari contracts, from AED 44,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 6.5%, before a service charge of about AED 14,100 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 14 January 2026.

Questions about 218, Merano Tower

What did unit 218 last sell for?

AED 1,146,000 on 18 March 2020, sold by the developer: AED 1,545 per sqft for 742 sqft. It is the only registered sale of the unit.

What is the rent for unit 218?

AED 75,000 a year on the contract signed on 14 January 2026. The previous contract, from January 2025, was AED 75,000; the unit has been rented since November 2020.

How big is unit 218?

742 sqft (68.9 sqm): a one-bedroom apartment on the 2nd floor of a 29-storey tower completed in 2020.

What is unit 218 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 218, Merano Tower

Starts from the last sale price (AED 1.15M, 18 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,146,000
Deposit, UAE resident (20%)
AED 229,200
Deposit, non-resident (40%)
AED 458,400
Monthly over 25 years at 3.7%
AED 4,689

Plus AED 53,142 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →