1-bed · 771 sqftMerano Tower, Business Bay · 23rd floor · completed 2020

2308, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 2308

Unit 2308 · DLD and Ejari recordsUpdated 20 September 2025

Last soldAED 1.22M9 October 2016

Current rentAED 64K /yr20 September 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 2308

Property timeline for 2308, Merano Tower

Today

What is 2308 worth today?

Last sold for AED 1,217,600 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2025

20 Sep 2025RentedRenewal

AED 63,525/yr12 months · AED 83 per sqft

20 Sep 2024

20 Sep 2024RentedRenewal

AED 63,525/yr12 months · AED 83 per sqft

22 Sep 2023

22 Sep 2023RentedRenewal

AED 63,525/yr12 months · AED 83 per sqft

22 Sep 2022

22 Sep 2022RentedRenewal

AED 60,500/yr12 months · AED 79 per sqft

22 Sep 2021

22 Sep 2021RentedRenewal

AED 55,000/yr12 months · AED 72 per sqft

9 Oct 2016

9 Oct 2016Sold by developerOff-plan

AED 1,217,600AED 1,578 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type: 1-bed apartment
Size: 771 sqft
Floor: 23rd of 29
Parking: B2-043
Developer: DAMAC
Completed: 2020
Service charge: AED 14,700 /yr
Last sold: AED 1.22M · October 2016
Building: Merano Tower

About 2308, Merano Tower

2308 is a one-bedroom apartment of 771 sqft on the 23rd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 9 October 2016 for AED 1,217,600, or AED 1,578 per sqft, in line with the AED 1,607 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 20 September 2025, is AED 63,525 a year: a gross yield of 5.2% on the 2016 price, before the service charge of about AED 14,700 a year.

Sales and rents for 2308 over time

Sales

Unit 2308, each saleTypical one-bed in Merano Tower

2308 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2308, each contractTypical one-bed in Merano Tower

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 2308 sits

All 383 1-beds →

1-beds in Merano Tower · last 12 months1,597 /sqft Merano Tower · all types1,571 /sqft

2308 last sold in October 2016 at AED 1,578 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,607). 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. 2308's AED 63,525 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 23rd floor

All 574 units in Merano Tower


2301	1-bed	308 sqft	AED 400KAED 400,000 · Jan 2023January 2023	84,000 /yr
2302	1-bed	663 sqft	AED 1.07MAED 1,065,600 · Feb 2017February 2017	95,000 /yr
2303	1-bed	663 sqft	AED 1.07MAED 1,065,600 · Aug 2016August 2016	75,000 /yr
2304	Studio	398 sqft	AED 580KAED 580,000 · Nov 2021November 2021	56,000 /yr
2305	1-bed	669 sqft	AED 1.07MAED 1,065,600 · Mar 2017March 2017
2306	Studio	331 sqft	AED 616KAED 616,000 · Jan 2021January 2021	60,000 /yr
2307	1-bed	668 sqft	AED 1.06MAED 1,061,000 · May 2017May 2017	67,000 /yr
2309	1-bed	635 sqft	AED 1.01MAED 1,014,400 · Aug 2016August 2016	74,000 /yr
2310	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Oct 2016October 2016	74,000 /yr
2311	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Dec 2016December 2016	74,000 /yr
2312	1-bed	635 sqft	AED 1.05MAED 1,053,000 · Mar 2019March 2019	72,000 /yr
2313	2-bed	223 sqft	AED 1.42MAED 1,419,200 · Oct 2016October 2016	120,000 /yr
2314	2-bed	956 sqft	AED 1.51MAED 1,508,800 · Nov 2016November 2016	99,225 /yr
2315	2-bed	993 sqft	AED 1.59MAED 1,590,000 · Jun 2025June 2025	120,000 /yr
2316	1-bed	664 sqft	AED 980KAED 980,000 · Jan 2025January 2025	60,000 /yr
2317	3-bed	1,455 sqft	AED 2.2MAED 2,200,000 · Aug 2023August 2023	88,000 /yr
2318	1-bed	668 sqft	AED 1.16MAED 1,162,280 · Nov 2022November 2022
2319	1-bed	668 sqft	AED 980KAED 980,000 · Nov 2024November 2024	70,000 /yr
2320		334 sqft	AED 800KAED 800,000 · Sep 2025September 2025	68,000 /yr

1–7 of 19

2308, Merano Tower in numbers

Sold once: by DAMAC on 9 October 2016 for AED 1,217,600, or AED 1,578 per sqft.
Rented since September 2021 on 5 Ejari contracts, from AED 55,000 to AED 63,525 a year.
At AED 63,525 a year the gross yield on the 2016 price is 5.2%, before a service charge of about AED 14,700 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 20 September 2025.

Questions about 2308, Merano Tower

What did unit 2308 last sell for?

AED 1,217,600 on 9 October 2016, sold by the developer: AED 1,578 per sqft for 771 sqft. It is the only registered sale of the unit.

What is the rent for unit 2308?

AED 63,525 a year on the contract renewed on 20 September 2025. The previous contract, from September 2024, was AED 63,525; the unit has been rented since September 2021.

How big is unit 2308?

771 sqft (71.6 sqm): a one-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2020.

What is unit 2308 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.

Selling 2308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2308, Merano Tower

Starts from the last sale price (AED 1.22M, 9 October 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,217,600
Deposit, UAE resident (20%): AED 243,520
Deposit, non-resident (40%): AED 487,040
Monthly over 25 years at 3.7%: AED 4,982

Plus AED 56,149 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →