1-bed · 753 sqftMerano Tower, Business Bay · 29th floor · completed 2020

2917A, Merano Tower

Sold prices and rental history: sold once, by the developer in January 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2917A · DLD and Ejari recordsUpdated 17 January 2021
Last soldAED 939K17 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2917A, Merano Tower

What is 2917A worth today?

Last sold for AED 939,000 in 2021

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17 Jan 2021Sold by developerReady
AED 939,000AED 1,247 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 January 2021.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
29th of 29
Parking
B2-149
Developer
DAMAC
Completed
2020
Service charge
AED 14,300 /yr
Last sold
AED 939K · January 2021
Building
Merano Tower

About 2917A, Merano Tower

2917A is a one-bedroom apartment of 753 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 17 January 2021 for AED 939,000, or AED 1,247 per sqft, in line with the AED 1,233 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2917A over time

Sales
Unit 2917A, 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, January 2021: AED 939,000 (AED 1,247 per sqft)

2917A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2917A, 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 80,000

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 2917A sits

All 383 1-beds →

2917A last sold in January 2021 at AED 1,247 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,233). 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 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
29071-bedAED 1.29M · Oct 2019
1–7 of 20

2917A, Merano Tower in numbers

  • Sold once: by DAMAC on 17 January 2021 for AED 939,000, or AED 1,247 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: YallaValue analysis of Dubai Land Department records. Updated 17 January 2021.

Questions about 2917A, Merano Tower

What did unit 2917A last sell for?

AED 939,000 on 17 January 2021, sold by the developer: AED 1,247 per sqft for 753 sqft. It is the only registered sale of the unit.

How big is unit 2917A?

753 sqft (70.0 sqm): a one-bedroom apartment on the 29th floor of a 29-storey tower completed in 2020.

What is unit 2917A 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 2917A, Merano Tower

Starts from the last sale price (AED 939K, 17 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 939,000
Deposit, UAE resident (20%)
AED 187,800
Deposit, non-resident (40%)
AED 375,600
Monthly over 25 years at 3.7%
AED 3,842

Plus AED 44,448 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →