
2209, Merano Tower
Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2209, Merano Tower
What is 2209 worth today?
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Source: Dubai Land Department. Updated 5 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 635 sqft
- Floor
- 22nd of 29
- Parking
- B2-029
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,100 /yr
- Last sold
- AED 1.01M · October 2016
- Building
- Merano Tower
About 2209, Merano Tower
2209 is a one-bedroom apartment of 635 sqft on the 22nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 13 October 2016 for AED 1,014,400, or AED 1,596 per sqft, in line with the AED 1,601 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 5 July 2024, is AED 65,000 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 12,100 a year.
Sales and rents for 2209 over time
2209 has sold once; the dashed line is the one-bed median of each year in the building.
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 2209 sits
All 383 1-beds →2209 last sold in October 2016 at AED 1,596 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,601). 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. 2209's AED 65,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Merano Tower
Building574 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%
Other units on the 22nd floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 616 sqft | AED 980KAED 980,000 · Jul 2024July 2024 | 74,000 /yr | |
| 2202 | 1-bed | 670 sqft | AED 1.19MAED 1,186,000 · Nov 2022November 2022 | ||
| 2203 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Dec 2016December 2016 | 68,042 /yr | |
| 2204 | Studio | 398 sqft | AED 730KAED 730,000 · Aug 2024August 2024 | 67,000 /yr | |
| 2205 | 1-bed | 669 sqft | AED 1.06MAED 1,060,000 · Jan 2025January 2025 | 85,000 /yr | |
| 2206 | Studio | 331 sqft | AED 730KAED 730,000 · Oct 2024October 2024 | 60,000 /yr | |
| 2207 | 1-bed | 668 sqft | AED 1.08MAED 1,081,600 · Dec 2016December 2016 | 80,000 /yr | |
| 2208 | 1-bed | 771 sqft | AED 1.22MAED 1,217,600 · Oct 2016October 2016 | 80,000 /yr | |
| 2210 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Nov 2016November 2016 | 77,000 /yr | |
| 2211 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Dec 2016December 2016 | 77,500 /yr | |
| 2212 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Dec 2016December 2016 | 73,500 /yr | |
| 2213 | 2-bed | 891 sqft | AED 1.42MAED 1,420,000 · Feb 2017February 2017 | 100,000 /yr | |
| 2214 | 2-bed | 956 sqft | AED 1.65MAED 1,650,000 · Jul 2023July 2023 | 132,368 /yr | |
| 2215 | 2-bed | 982 sqft | AED 1.58MAED 1,577,600 · Mar 2017March 2017 | ||
| 2216 | 1-bed | 664 sqft | AED 880KAED 880,000 · Dec 2022December 2022 | 45,000 /yr | |
| 2217 | 1-bed | 668 sqft | AED 1.15MAED 1,150,000 · Mar 2024March 2024 | 78,000 /yr | |
| 2218 | 1-bed | 668 sqft | AED 1.07MAED 1,067,616 · Dec 2016December 2016 | 80,000 /yr | |
| 2219 | 1-bed | 668 sqft | AED 822KAED 822,000 · Jan 2021January 2021 | 80,000 /yr | |
| 2220 | Studio | 334 sqft | AED 498KAED 497,840 · Nov 2021November 2021 | 58,000 /yr | |
| 2217A | 1-bed | 753 sqft | AED 1.13MAED 1,130,000 · Jan 2026January 2026 |
2209, Merano Tower in numbers
- Sold once: by DAMAC on 13 October 2016 for AED 1,014,400, or AED 1,596 per sqft.
- Rented since October 2020 on 5 Ejari contracts, from AED 45,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2016 price is 6.4%, before a service charge of about AED 12,100 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 5 July 2024.
Questions about 2209, Merano Tower
What did unit 2209 last sell for?
AED 1,014,400 on 13 October 2016, sold by the developer: AED 1,596 per sqft for 635 sqft. It is the only registered sale of the unit.
What is the rent for unit 2209?
AED 65,000 a year on the contract renewed on 5 July 2024. The previous contract, from July 2024, was AED 64,164; the unit has been rented since October 2020.
How big is unit 2209?
635 sqft (59.0 sqm): a one-bedroom apartment on the 22nd floor of a 29-storey tower completed in 2020.
What is unit 2209 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 2209, Merano Tower
Starts from the last sale price (AED 1.01M, 13 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,014,400
- Deposit, UAE resident (20%)
- AED 202,880
- Deposit, non-resident (40%)
- AED 405,760
- Monthly over 25 years at 3.7%
- AED 4,150
Plus AED 47,615 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →