2920, Merano Tower
Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2920, Merano Tower
What is 2920 worth today?
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Source: Dubai Land Department. Updated 20 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 29th of 29
- Parking
- B4-022
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 479K · November 2021
- Building
- Merano Tower
About 2920, Merano Tower
2920 is a studio of 334 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 21 November 2021 for AED 479,180, or AED 1,433 per sqft, in line with the AED 1,449 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 20 May 2025, is AED 62,000 a year: a gross yield of 12.9% on the 2021 price, before the service charge of about AED 6,400 a year.
Sales and rents for 2920 over time
2920 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 2920 sits
All 79 studios →2920 last sold in November 2021 at AED 1,433 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,449). 2920's AED 62,000 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 29th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 1-bed | 616 sqft | AED 1.1MAED 1,100,000 · Feb 2024February 2024 | 82,000 /yr | |
| 2902 | 1-bed | 670 sqft | AED 1.08MAED 1,080,000 · Mar 2025March 2025 | ||
| 2903 | 1-bed | 670 sqft | AED 1.12MAED 1,120,000 · Aug 2024August 2024 | 85,000 /yr | |
| 2904 | Studio | 398 sqft | AED 826KAED 826,252 · Oct 2019October 2019 | 50,820 /yr | |
| 2905 | 1-bed | 669 sqft | AED 1.29MAED 1,285,000 · Oct 2019October 2019 | 73,000 /yr | |
| 2906 | Studio | 327 sqft | AED 664KAED 664,000 · Oct 2019October 2019 | 62,000 /yr | |
| 2907 | 1-bed | 668 sqft | AED 1.29MAED 1,285,000 · Oct 2019October 2019 | 90,000 /yr | |
| 2908 | 1-bed | 771 sqft | AED 920KAED 920,000 · Nov 2022November 2022 | 90,000 /yr | |
| 2909 | 644 sqft | AED 1MAED 1,000,000 · Sep 2025September 2025 | 90,000 /yr | ||
| 2910 | 1-bed | 644 sqft | AED 1.06MAED 1,059,695 · Sep 2023September 2023 | 88,000 /yr | |
| 2911 | 1-bed | 635 sqft | AED 1.23MAED 1,232,000 · Sep 2019September 2019 | ||
| 2912 | 1-bed | 644 sqft | AED 970KAED 970,000 · Nov 2023November 2023 | ||
| 2913 | 2-bed | 891 sqft | AED 1.5MAED 1,500,000 · Aug 2024August 2024 | 74,400 /yr | |
| 2914 | 2-bed | 956 sqft | AED 1.15MAED 1,147,200 · Sep 2020September 2020 | ||
| 2915 | 2-bed | 993 sqft | AED 2.18MAED 2,179,590 · Feb 2024February 2024 | 115,000 /yr | |
| 2916 | 1-bed | 664 sqft | AED 1.25MAED 1,254,854 · Nov 2019November 2019 | 75,000 /yr | |
| 2917 | 1-bed | 668 sqft | AED 1.13MAED 1,130,000 · Oct 2023October 2023 | 50,000 /yr | |
| 2918 | 1-bed | 668 sqft | AED 1.28MAED 1,284,519 · Oct 2019October 2019 | 75,000 /yr | |
| 2919 | 1-bed | 668 sqft | AED 1.02MAED 1,020,000 · Jun 2020June 2020 | ||
| 2917A | 1-bed | 753 sqft | AED 939KAED 939,000 · Jan 2021January 2021 |
2920, Merano Tower in numbers
- Sold once: by DAMAC on 21 November 2021 for AED 479,180, or AED 1,433 per sqft.
- Rented since December 2023 on 3 Ejari contracts, from AED 65,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2021 price is 12.9%, before a service charge of about AED 6,400 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 20 May 2025.
Questions about 2920, Merano Tower
What did unit 2920 last sell for?
AED 479,180 on 21 November 2021, sold by the developer: AED 1,433 per sqft for 334 sqft. It is the only registered sale of the unit.
What is the rent for unit 2920?
AED 62,000 a year on the contract renewed on 20 May 2025. The previous contract, from May 2024, was AED 62,000; the unit has been rented since December 2023.
How big is unit 2920?
334 sqft (31.0 sqm): a studio on the 29th floor of a 29-storey tower completed in 2020.
What is unit 2920 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 2920, Merano Tower
Starts from the last sale price (AED 479K, 21 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 479,180
- Deposit, UAE resident (20%)
- AED 95,836
- Deposit, non-resident (40%)
- AED 191,672
- Monthly over 25 years at 3.7%
- AED 1,960
Plus AED 23,035 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →