2804, Merano Tower
Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2804, Merano Tower
What is 2804 worth today?
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Source: Dubai Land Department. Updated 29 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 28th of 29
- Parking
- B4-017
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 618K · December 2017
- Building
- Merano Tower
About 2804, Merano Tower
2804 is a studio of 398 sqft on the 28th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 6 December 2017 for AED 618,450, or AED 1,554 per sqft, 13% below the AED 1,779 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 29 September 2025, is AED 63,000 a year: a gross yield of 10.2% on the 2017 price, before the service charge of about AED 7,600 a year.
Sales and rents for 2804 over time
2804 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Merano Tower, and where 2804 sits
All 79 studios →2804 last sold in December 2017 at AED 1,554 per sqft, 13% below what studios in Merano Tower were fetching at the time (AED 1,779). 2804's AED 63,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,385 | ||
| 19 May 202519 May 2025 | 334 sqft | 750,000 | 2,244 | ||
| 13 May 202513 May 2025 | 398 sqft | 750,000 | 1,884 | ||
| 25 Feb 202525 February 2025 | 334 sqft | 700,000 | 2,094 |
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 28th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 1-bed | 616 sqft | AED 1.04MAED 1,036,000 · Mar 2019March 2019 | 72,000 /yr | |
| 2802 | 1-bed | 670 sqft | AED 1MAED 1,000,000 · Aug 2023August 2023 | 80,000 /yr | |
| 2803 | 1-bed | 670 sqft | AED 700KAED 700,000 · Nov 2020November 2020 | 75,000 /yr | |
| 2805 | 1-bed | 669 sqft | AED 1.05MAED 1,050,000 · Jan 2024January 2024 | 58,000 /yr | |
| 2806 | Studio | 327 sqft | AED 508KAED 508,400 · Feb 2018February 2018 | 65,000 /yr | |
| 2807 | 1-bed | 668 sqft | AED 1.1MAED 1,100,000 · May 2024May 2024 | 75,000 /yr | |
| 2808 | 1-bed | 771 sqft | AED 1.29MAED 1,287,000 · Mar 2022March 2022 | 85,000 /yr | |
| 2809 | 1-bed | 635 sqft | AED 1.06MAED 1,063,000 · Mar 2019March 2019 | 80,000 /yr | |
| 2810 | 1-bed | 635 sqft | AED 978KAED 977,960 · Nov 2018November 2018 | 70,000 /yr | |
| 2811 | 1-bed | 644 sqft | AED 900KAED 900,000 · Nov 2024November 2024 | 85,000 /yr | |
| 2812 | 644 sqft | AED 1.1MAED 1,100,000 · Oct 2025October 2025 | 80,400 /yr | ||
| 2813 | 2-bed | 891 sqft | AED 1.08MAED 1,080,000 · Jan 2021January 2021 | 115,000 /yr | |
| 2814 | 2-bed | 956 sqft | AED 1.54MAED 1,544,000 · Jan 2019January 2019 | 95,000 /yr | |
| 2815 | 2-bed | 982 sqft | AED 1.57MAED 1,569,000 · Oct 2018October 2018 | 110,000 /yr | |
| 2816 | 1-bed | 657 sqft | AED 1.07MAED 1,074,000 · Dec 2017December 2017 | 80,000 /yr | |
| 2817 | 1-bed | 668 sqft | AED 1.08MAED 1,084,000 · Apr 2019April 2019 | 75,000 /yr | |
| 2818 | 1-bed | 668 sqft | AED 1.09MAED 1,092,960 · Feb 2018February 2018 | 70,000 /yr | |
| 2819 | 1-bed | 668 sqft | AED 1.09MAED 1,093,950 · Apr 2018April 2018 | 70,000 /yr | |
| 2820 | Studio | 334 sqft | AED 607KAED 607,000 · Dec 2017December 2017 | 60,000 /yr | |
| 2817A | 1-bed | 753 sqft | AED 1.05MAED 1,050,000 · Feb 2022February 2022 | 82,000 /yr |
2804, Merano Tower in numbers
- Sold once: by DAMAC on 6 December 2017 for AED 618,450, or AED 1,554 per sqft.
- Rented since September 2020 on 6 Ejari contracts, from AED 34,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2017 price is 10.2%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 29 September 2025.
Questions about 2804, Merano Tower
What did unit 2804 last sell for?
AED 618,450 on 6 December 2017, sold by the developer: AED 1,554 per sqft for 398 sqft. It is the only registered sale of the unit.
What is the rent for unit 2804?
AED 63,000 a year on the contract signed on 29 September 2025. The previous contract, from September 2024, was AED 60,000; the unit has been rented since September 2020.
How big is unit 2804?
398 sqft (37.0 sqm): a studio on the 28th floor of a 29-storey tower completed in 2020.
What is unit 2804 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 2804, Merano Tower
Starts from the last sale price (AED 618K, 6 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 618,450
- Deposit, UAE resident (20%)
- AED 123,690
- Deposit, non-resident (40%)
- AED 247,380
- Monthly over 25 years at 3.7%
- AED 2,530
Plus AED 30,985 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →