668 sqftMerano Tower, Business Bay · 24th floor · completed 2020

2418, 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 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2418 · DLD and Ejari recordsUpdated 7 November 2025

Last soldAED 1.08M3 August 2016

Current rentAED 82K /yr7 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2418, Merano Tower

Today

What is 2418 worth today?

Last sold for AED 1,078,400 in 2016

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7 Nov 2025

7 Nov 2025RentedNew contract

AED 82,000/yr12 months · AED 123 per sqft

4 Dec 2024

4 Dec 2024RentedNew contract

AED 85,000/yr12 months · AED 127 per sqft

4 Dec 2023

4 Dec 2023RentedNew contract

AED 80,000/yr12 months · AED 120 per sqft

3 Sep 2023

3 Sep 2023RentedRenewal

AED 66,000/yr3 months · AED 99 per sqft

3 Mar 2023

3 Mar 2023RentedRenewal

AED 63,000/yr6 months · AED 94 per sqft

25 Feb 2021

25 Feb 2021RentedNew contract

AED 46,000/yr12 months · AED 69 per sqft

3 Aug 2016

3 Aug 2016Sold by developerOff-plan

AED 1,078,400AED 1,615 per sqft

Source: Dubai Land Department. Updated 7 November 2025.

Key facts

Type: Apartment
Size: 668 sqft
Floor: 24th of 29
Parking: B2-062
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.08M · August 2016
Building: Merano Tower

About 2418, Merano Tower

2418 is an apartment of 668 sqft on the 24th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 3 August 2016 for AED 1,078,400, or AED 1,615 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 7 November 2025, is AED 82,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 12,700 a year.

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 24th floor

All 574 units in Merano Tower


2401	1-bed	616 sqft	AED 600KAED 600,000 · Dec 2019December 2019	75,000 /yr
2402	1-bed	670 sqft	AED 980KAED 980,000 · Aug 2024August 2024	80,000 /yr
2403	1-bed	670 sqft	AED 1.07MAED 1,065,600 · Jan 2017January 2017	74,000 /yr
2405	1-bed	669 sqft	AED 1.1MAED 1,100,000 · Dec 2024December 2024	63,000 /yr
2406	Studio	331 sqft	AED 581KAED 581,187 · May 2016May 2016	55,000 /yr
2407	1-bed	668 sqft	AED 730KAED 730,000 · Jul 2022July 2022
2408	1-bed	771 sqft	AED 915KAED 915,000 · Sep 2022September 2022	78,000 /yr
2409	1-bed	644 sqft	AED 1MAED 1,000,000 · Oct 2024October 2024	73,000 /yr
2410	1-bed	635 sqft	AED 1.02MAED 1,016,000 · Aug 2016August 2016	64,009 /yr
2411	1-bed	644 sqft	AED 930KAED 930,000 · Feb 2022February 2022	82,500 /yr
2412	1-bed	644 sqft	AED 891KAED 891,000 · Oct 2021October 2021	80,000 /yr
2413	2-bed	891 sqft	AED 1.35MAED 1,350,000 · May 2022May 2022	120,000 /yr
2414	2-bed	956 sqft	AED 1.51MAED 1,509,000 · Apr 2017April 2017
2415		993 sqft	AED 1.6MAED 1,600,000 · Aug 2025August 2025
2416	1-bed	664 sqft	AED 1.15MAED 1,145,000 · Dec 2022December 2022	85,000 /yr
2417	3-bed	1,455 sqft	AED 2.31MAED 2,309,000 · Apr 2017April 2017
2419	1-bed	668 sqft	AED 1.07MAED 1,065,600 · Nov 2017November 2017	75,000 /yr
2420	Studio	334 sqft	AED 700KAED 700,000 · May 2024May 2024	60,000 /yr

1–7 of 18

2418, Merano Tower in numbers

Sold once: by DAMAC on 3 August 2016 for AED 1,078,400, or AED 1,615 per sqft.
Rented since February 2021 on 6 Ejari contracts, from AED 46,000 to AED 82,000 a year.
At AED 82,000 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 12,700 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 7 November 2025.

Questions about 2418, Merano Tower

What did unit 2418 last sell for?

AED 1,078,400 on 3 August 2016, sold by the developer: AED 1,615 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 2418?

AED 82,000 a year on the contract signed on 7 November 2025. The previous contract, from December 2024, was AED 85,000; the unit has been rented since February 2021.

How big is unit 2418?

668 sqft (62.1 sqm): an apartment on the 24th floor of a 29-storey tower completed in 2020.

What is unit 2418 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2418, Merano Tower

Starts from the last sale price (AED 1.08M, 3 August 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,078,400
Deposit, UAE resident (20%): AED 215,680
Deposit, non-resident (40%): AED 431,360
Monthly over 25 years at 3.7%: AED 4,412

Plus AED 50,303 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →