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1-bed · 670 sqftMerano Tower, Business Bay · 27th floor · completed 2020

2702, Merano Tower

Sold prices and rental history: sold twice, last in September 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 840K16 September 2022
Current rentAED 89K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2702, Merano Tower

What is 2702 worth today?

Last sold for AED 840,000 in 2022

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1 Feb 2026RentedRenewal
AED 88,500/yr12 months · AED 132 per sqft
1 Feb 2025RentedRenewal
AED 88,500/yr12 months · AED 132 per sqft
1 Feb 2023RentedNew contract
AED 82,500/yr12 months · AED 123 per sqft
16 Sep 2022SoldReady
AED 840,000AED 1,254 per sqft
24 Jun 2020Sold by developerReady
AED 1,041,000AED 1,554 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
27th of 29
Parking
B2-093
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 840K · September 2022
Building
Merano Tower

About 2702, Merano Tower

2702 is a one-bedroom apartment of 670 sqft on the 27th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 16 September 2022 for AED 840,000, or AED 1,254 per sqft, 9% below the AED 1,383 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 88,500 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, 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, June 2020: AED 1,041,000 (AED 1,554 per sqft)Sold, September 2022: AED 840,000 (AED 1,254 per sqft)

2702 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2702, 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, February 2023: AED 82,500 a yearRenewal, February 2025: AED 88,500 a yearRenewal, February 2026: AED 88,500 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 2702 sits

All 383 1-beds →

2702 last sold in September 2022 at AED 1,254 per sqft, 9% below what one-beds in Merano Tower were fetching at the time (AED 1,383). 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. 2702's AED 88,500 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 27th floor

All 574 units in Merano Tower
Value
27011-bedAED 836K · Nov 2020
27031-bedAED 1.02M · Sep 2023
2704StudioAED 755K · Jul 2020
27051-bedAED 769K · Jun 2020
2706AED 584K · Sep 2025
27071-bedAED 812K · Jun 2020
27081-bedAED 1.2M · Oct 2023
1–7 of 19

2702, Merano Tower in numbers

  • Sold twice: first on 24 June 2020 for AED 1,041,000, last on 16 September 2022 for AED 840,000 (AED 1,254 per sqft).
  • Rented since February 2023 on 3 Ejari contracts, from AED 82,500 to AED 88,500 a year.
  • At AED 88,500 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 12,700 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 1 February 2026.

Questions about 2702, Merano Tower

What did unit 2702 last sell for?

AED 840,000 on 16 September 2022: AED 1,254 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,041,000 in June 2020.

What is the rent for unit 2702?

AED 88,500 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 88,500; the unit has been rented since February 2023.

How big is unit 2702?

670 sqft (62.2 sqm): a one-bedroom apartment on the 27th floor of a 29-storey tower completed in 2020.

What is unit 2702 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 2702, Merano Tower

Starts from the last sale price (AED 840K, 16 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

Plus AED 40,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →