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1-bed · 668 sqftMerano Tower, Business Bay · 29th floor · completed 2020

2907, Merano Tower

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2907 · DLD and Ejari recordsUpdated 23 December 2025
Last soldAED 1.29M27 October 2019
Current rentAED 90K /yr23 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2907, Merano Tower

What is 2907 worth today?

Last sold for AED 1,285,000 in 2019

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23 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 135 per sqft
1 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
25 Nov 2023RentedNew contract
AED 95,000/yr12 months · AED 142 per sqft
27 Oct 2019Sold by developerOff-plan
AED 1,285,000AED 1,923 per sqft

Source: Dubai Land Department. Updated 23 December 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
29th of 29
Parking
B2-141
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.29M · October 2019
Building
Merano Tower

About 2907, Merano Tower

2907 is a one-bedroom apartment of 668 sqft on the 29th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 27 October 2019 for AED 1,285,000, or AED 1,923 per sqft, 18% above the AED 1,623 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 23 December 2025, is AED 90,000 a year: a gross yield of 7.0% on the 2019 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2907 over time

Sales
Unit 2907, each saleTypical one-bed in Merano Tower
750K1M1.25M2016201920222025Typical 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, October 2019: AED 1,285,000 (AED 1,923 per sqft)

2907 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2907, each contractTypical one-bed in Merano Tower
50K75K100K2020202220242026Typical 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, November 2023: AED 95,000 a yearNew contract, December 2024: AED 85,000 a yearNew contract, December 2025: AED 90,000 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 2907 sits

All 383 1-beds →

2907 last sold in October 2019 at AED 1,923 per sqft, 18% above what one-beds in Merano Tower were fetching at the time (AED 1,623). 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. 2907's AED 90,000 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 29th floor

All 574 units in Merano Tower
Value
29011-bedAED 1.1M · Feb 2024
29021-bedAED 1.08M · Mar 2025
29031-bedAED 1.12M · Aug 2024
2904StudioAED 826K · Oct 2019
29051-bedAED 1.29M · Oct 2019
2906StudioAED 664K · Oct 2019
29081-bedAED 920K · Nov 2022
1–7 of 20

2907, Merano Tower in numbers

  • Sold once: by DAMAC on 27 October 2019 for AED 1,285,000, or AED 1,923 per sqft.
  • Rented since November 2023 on 3 Ejari contracts, from AED 95,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 7.0%, 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 23 December 2025.

Questions about 2907, Merano Tower

What did unit 2907 last sell for?

AED 1,285,000 on 27 October 2019, sold by the developer: AED 1,923 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 2907?

AED 90,000 a year on the contract signed on 23 December 2025. The previous contract, from December 2024, was AED 85,000; the unit has been rented since November 2023.

How big is unit 2907?

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

What is unit 2907 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 2907, Merano Tower

Starts from the last sale price (AED 1.29M, 27 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,285,000
Deposit, UAE resident (20%)
AED 257,000
Deposit, non-resident (40%)
AED 514,000
Monthly over 25 years at 3.7%
AED 5,257

Plus AED 58,980 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →