2602, Merano Tower
Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2602, Merano Tower
What is 2602 worth today?
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Source: Dubai Land Department. Updated 30 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 670 sqft
- Floor
- 26th of 29
- Parking
- B2-078
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.16M · April 2024
- Building
- Merano Tower
About 2602, Merano Tower
2602 is a one-bedroom apartment of 670 sqft on the 26th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 30 April 2024 for AED 1,160,000, or AED 1,732 per sqft, 12% above the AED 1,545 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2602 over time
2602 has sold twice; 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 2602 sits
All 383 1-beds →2602 last sold in April 2024 at AED 1,732 per sqft, 12% above what one-beds in Merano Tower were fetching at the time (AED 1,545). 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.
| 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 26th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 1-bed | 616 sqft | AED 1MAED 1,002,000 · Feb 2018February 2018 | ||
| 2603 | 1-bed | 663 sqft | AED 1.08MAED 1,083,000 · Dec 2017December 2017 | 75,000 /yr | |
| 2604 | Studio | 398 sqft | AED 716KAED 716,000 · Aug 2017August 2017 | 62,000 /yr | |
| 2605 | 1-bed | 669 sqft | AED 1.08MAED 1,083,000 · Nov 2017November 2017 | 77,000 /yr | |
| 2606 | Studio | 331 sqft | AED 760KAED 760,000 · Nov 2024November 2024 | 60,000 /yr | |
| 2607 | 1-bed | 668 sqft | AED 1.25MAED 1,250,000 · Mar 2025March 2025 | 85,000 /yr | |
| 2608 | 1-bed | 771 sqft | AED 1.28MAED 1,281,000 · Aug 2018August 2018 | 77,000 /yr | |
| 2609 | 1-bed | 644 sqft | AED 880KAED 880,000 · Jul 2025July 2025 | 85,000 /yr | |
| 2610 | 1-bed | 644 sqft | AED 1.04MAED 1,039,000 · May 2018May 2018 | 80,000 /yr | |
| 2611 | 1-bed | 644 sqft | AED 1.11MAED 1,109,360 · Nov 2022November 2022 | 83,000 /yr | |
| 2612 | 1-bed | 644 sqft | AED 930KAED 930,000 · Oct 2022October 2022 | 80,000 /yr | |
| 2613 | 2-bed | 891 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | 115,000 /yr | |
| 2614 | 2-bed | 956 sqft | AED 1.54MAED 1,538,000 · Jan 2019January 2019 | 110,000 /yr | |
| 2615 | 2-bed | 993 sqft | AED 1.38MAED 1,375,000 · Oct 2022October 2022 | 105,000 /yr | |
| 2616 | 1-bed | 657 sqft | AED 1.07MAED 1,074,000 · Oct 2017October 2017 | 74,000 /yr | |
| 2617 | 1-bed | 668 sqft | AED 982KAED 982,000 · Feb 2022February 2022 | 85,000 /yr | |
| 2618 | 1-bed | 668 sqft | AED 1.1MAED 1,100,000 · Oct 2019October 2019 | 84,000 /yr | |
| 2619 | 1-bed | 668 sqft | AED 1.09MAED 1,085,000 · Nov 2017November 2017 | 75,000 /yr | |
| 2620 | Studio | 334 sqft | AED 700KAED 700,000 · May 2024May 2024 | 58,000 /yr | |
| 2617A | 1-bed | 753 sqft | AED 1.03MAED 1,025,080 · Dec 2021December 2021 | 85,000 /yr |
2602, Merano Tower in numbers
- Sold twice: first on 4 October 2017 for AED 1,083,000, last on 30 April 2024 for AED 1,160,000 (AED 1,732 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 30 April 2024.
Questions about 2602, Merano Tower
What did unit 2602 last sell for?
AED 1,160,000 on 30 April 2024: AED 1,732 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,083,000 in October 2017.
How big is unit 2602?
670 sqft (62.2 sqm): a one-bedroom apartment on the 26th floor of a 29-storey tower completed in 2020.
What is unit 2602 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 2602, Merano Tower
Starts from the last sale price (AED 1.16M, 30 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus AED 53,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →