Home
Dubai prices
About
Research
1-bed · 663 sqftMerano Tower, Business Bay · 26th floor · completed 2020

2603, Merano Tower

Sold prices and rental history: sold once, by the developer in December 2017, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.08M20 December 2017
Current rentAED 75K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2603

Property timeline for 2603, Merano Tower

What is 2603 worth today?

Last sold for AED 1,083,000 in 2017

Unlock today's estimate, updated daily, with

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

1 Aug 2025RentedNew contract
AED 75,000/yr12 months · AED 112 per sqft
20 Dec 2017Sold by developerOff-plan
AED 1,083,000AED 1,633 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
26th of 29
Parking
B2-079
Developer
DAMAC
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 1.08M · December 2017
Building
Merano Tower

About 2603, Merano Tower

2603 is a one-bedroom apartment of 663 sqft on the 26th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 20 December 2017 for AED 1,083,000, or AED 1,633 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2025. The current contract, signed on 1 August 2025, is AED 75,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical 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, December 2017: AED 1,083,000 (AED 1,633 per sqft)

2603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, each contractTypical one-bed in Merano Tower
40K60K80K2020202220242026Typical 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, August 2025: AED 75,000 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 2603 sits

All 383 1-beds →

2603 last sold in December 2017 at AED 1,633 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,599). 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. 2603's AED 75,000 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 26th floor

All 574 units in Merano Tower
Value
26011-bedAED 1M · Feb 2018
26021-bedAED 1.16M · Apr 2024
2604StudioAED 716K · Aug 2017
26051-bedAED 1.08M · Nov 2017
2606StudioAED 760K · Nov 2024
26071-bedAED 1.25M · Mar 2025
26081-bedAED 1.28M · Aug 2018
1–7 of 20

2603, Merano Tower in numbers

  • Sold once: by DAMAC on 20 December 2017 for AED 1,083,000, or AED 1,633 per sqft.
  • Rented since August 2025 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 12,600 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 August 2025.

Questions about 2603, Merano Tower

What did unit 2603 last sell for?

AED 1,083,000 on 20 December 2017, sold by the developer: AED 1,633 per sqft for 663 sqft. It is the only registered sale of the unit.

What is the rent for unit 2603?

AED 75,000 a year on the contract signed on 1 August 2025.

How big is unit 2603?

663 sqft (61.6 sqm): a one-bedroom apartment on the 26th floor of a 29-storey tower completed in 2020.

What is unit 2603 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 2603? 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 2603, Merano Tower

Starts from the last sale price (AED 1.08M, 20 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,083,000
Deposit, UAE resident (20%)
AED 216,600
Deposit, non-resident (40%)
AED 433,200
Monthly over 25 years at 3.7%
AED 4,431

Plus AED 50,496 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →