1-bed · 635 sqftMerano Tower, Business Bay · 23rd floor · completed 2020

2309, 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 August 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2309 · DLD and Ejari recordsUpdated 15 August 2024

Last soldAED 1.01M22 August 2016

Current rentAED 74K /yr15 August 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2309, Merano Tower

Today

What is 2309 worth today?

Last sold for AED 1,014,400 in 2016

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15 Aug 2024

15 Aug 2024RentedNew contract

AED 74,000/yr12 months · AED 115 per sqft

1 Aug 2023

1 Aug 2023RentedNew contract

AED 63,000/yr12 months · AED 98 per sqft

1 Aug 2022

1 Aug 2022RentedNew contract

AED 60,000/yr12 months · AED 93 per sqft

20 Jul 2021

20 Jul 2021RentedNew contract

AED 50,000/yr12 months · AED 77 per sqft

25 Jun 2020

25 Jun 2020RentedNew contract

AED 50,000/yr12 months · AED 77 per sqft

22 Aug 2016

22 Aug 2016Sold by developerOff-plan

AED 1,014,400AED 1,596 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type: 1-bed apartment
Size: 635 sqft
Floor: 23rd of 29
Parking: B2-044
Developer: DAMAC
Completed: 2020
Service charge: AED 12,100 /yr
Last sold: AED 1.01M · August 2016
Building: Merano Tower

About 2309, Merano Tower

2309 is a one-bedroom apartment of 635 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 22 August 2016 for AED 1,014,400, or AED 1,596 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 2020 on 5 Ejari contracts. The current contract, signed on 15 August 2024, is AED 74,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 12,100 a year.

Sales and rents for 2309 over time

Sales

Unit 2309, each saleTypical one-bed in Merano Tower

2309 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2309, 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 2309 sits

All 383 1-beds →

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

2309 last sold in August 2016 at AED 1,596 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. 2309's AED 74,000 is in the lower half 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
2308	1-bed	771 sqft	AED 1.22MAED 1,217,600 · Oct 2016October 2016	63,525 /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

2309, Merano Tower in numbers

Sold once: by DAMAC on 22 August 2016 for AED 1,014,400, or AED 1,596 per sqft.
Rented since June 2020 on 5 Ejari contracts, from AED 50,000 to AED 74,000 a year.
At AED 74,000 a year the gross yield on the 2016 price is 7.3%, 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 15 August 2024.

Questions about 2309, Merano Tower

What did unit 2309 last sell for?

AED 1,014,400 on 22 August 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 2309?

AED 74,000 a year on the contract signed on 15 August 2024. The previous contract, from August 2023, was AED 63,000; the unit has been rented since June 2020.

How big is unit 2309?

635 sqft (59.0 sqm): a one-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2020.

What is unit 2309 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 2309, Merano Tower

Starts from the last sale price (AED 1.01M, 22 August 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 →