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1-bed · 668 sqftMerano Tower, Business Bay · 22nd floor · completed 2020

2217, Merano Tower

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2217 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.15M6 March 2024
Current rentAED 78K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2217, Merano Tower

What is 2217 worth today?

Last sold for AED 1,150,000 in 2024

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1 Jun 2025RentedNew contract
AED 78,000/yr12 months · AED 117 per sqft
11 Jan 2025RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
18 Mar 2024RentedNew contract
AED 90,000/yr12 months · AED 135 per sqft
6 Mar 2024SoldReady
AED 1,150,000AED 1,721 per sqft
7 Mar 2023RentedNew contract
AED 78,000/yr12 months · AED 117 per sqft
15 Aug 2022SoldReady
AED 800,000AED 1,197 per sqft
19 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
20 Mar 2021RentedNew contract
AED 44,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
22nd of 29
Parking
B2-034
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.15M · March 2024
Building
Merano Tower

About 2217, Merano Tower

2217 is a one-bedroom apartment of 668 sqft on the 22nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 6 March 2024 for AED 1,150,000, or AED 1,721 per sqft, 14% above the AED 1,514 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 June 2025, is AED 78,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2217 over time

Sales
Unit 2217, 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, February 2019: AED 1,064,250 (AED 1,592 per sqft)Sold, August 2022: AED 800,000 (AED 1,197 per sqft)Sold, March 2024: AED 1,150,000 (AED 1,721 per sqft)

2217 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2217, each contractTypical one-bed in Merano Tower
50K75K2020202220242026Typical 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, March 2021: AED 44,000 a yearNew contract, March 2022: AED 60,000 a yearNew contract, March 2023: AED 78,000 a yearNew contract, March 2024: AED 90,000 a yearNew contract, January 2025: AED 80,000 a yearNew contract, June 2025: AED 78,000 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 2217 sits

All 383 1-beds →

2217 last sold in March 2024 at AED 1,721 per sqft, 14% above what one-beds in Merano Tower were fetching at the time (AED 1,514). 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. 2217's AED 78,000 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 22nd floor

All 574 units in Merano Tower
Value
22011-bedAED 980K · Jul 2024
22021-bedAED 1.19M · Nov 2022
22031-bedAED 1.07M · Dec 2016
2204StudioAED 730K · Aug 2024
22051-bedAED 1.06M · Jan 2025
2206StudioAED 730K · Oct 2024
22071-bedAED 1.08M · Dec 2016
1–7 of 20

2217, Merano Tower in numbers

  • Sold 3 times: first on 21 February 2019 for AED 1,064,250, last on 6 March 2024 for AED 1,150,000 (AED 1,721 per sqft).
  • Rented since March 2021 on 6 Ejari contracts, from AED 44,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2024 price is 6.8%, 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 1 June 2025.

Questions about 2217, Merano Tower

What did unit 2217 last sell for?

AED 1,150,000 on 6 March 2024: AED 1,721 per sqft for 668 sqft. The unit has 3 registered sales; the first was AED 1,064,250 in February 2019.

What is the rent for unit 2217?

AED 78,000 a year on the contract signed on 1 June 2025. The previous contract, from January 2025, was AED 80,000; the unit has been rented since March 2021.

How big is unit 2217?

668 sqft (62.1 sqm): a one-bedroom apartment on the 22nd floor of a 29-storey tower completed in 2020.

What is unit 2217 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 2217, Merano Tower

Starts from the last sale price (AED 1.15M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →