303, Merano Tower
Sold prices and rental history: sold twice, last in November 2024, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, Merano Tower
What is 303 worth today?
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Source: Dubai Land Department. Updated 2 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 670 sqft
- Floor
- 3rd of 29
- Parking
- B2-155
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.05M · November 2024
- Building
- Merano Tower
About 303, Merano Tower
303 is a one-bedroom apartment of 670 sqft on the 3rd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 20 November 2024 for AED 1,050,000, or AED 1,567 per sqft, in line with the AED 1,609 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 April 2025. The current contract, signed on 2 April 2025, is AED 125,000 a year: a gross yield of 11.9% on the 2024 price, before the service charge of about AED 12,700 a year.
Sales and rents for 303 over time
303 has sold twice; the dashed line is the one-bed median of each year in the building.
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 303 sits
All 383 1-beds →303 last sold in November 2024 at AED 1,567 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,609). 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. 303's AED 125,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 668 sqft | 1,100,000 | 1,645 | ||
| 4 Feb 20264 February 2026 | 664 sqft | 1,170,000 | 1,762 | ||
| 22 Jan 202622 January 2026 | 644 sqft | 1,200,000 | 1,863 | ||
| 15 Jan 202615 January 2026 | 668 sqft | 1,100,000 | 1,646 |
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 3rd floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 616 sqft | AED 755KAED 755,000 · Feb 2021February 2021 | 80,000 /yr | |
| 302 | 1-bed | 663 sqft | AED 1.05MAED 1,049,953 · Mar 2019March 2019 | 80,000 /yr | |
| 304 | Studio | 398 sqft | AED 720KAED 720,000 · Jan 2025January 2025 | 45,000 /yr | |
| 305 | 1-bed | 669 sqft | AED 950KAED 950,040 · Sep 2020September 2020 | ||
| 306 | Studio | 327 sqft | AED 575KAED 575,000 · Apr 2017April 2017 | 54,000 /yr | |
| 307 | 1-bed | 668 sqft | AED 802KAED 802,000 · Jan 2021January 2021 | 76,650 /yr | |
| 308 | 1-bed | 771 sqft | AED 1.12MAED 1,117,000 · Feb 2022February 2022 | ||
| 309 | 1-bed | 644 sqft | AED 880KAED 880,000 · May 2025May 2025 | 80,000 /yr | |
| 310 | 1-bed | 644 sqft | AED 880KAED 880,000 · May 2025May 2025 | 66,150 /yr | |
| 311 | 1-bed | 644 sqft | AED 758KAED 757,540 · Jan 2021January 2021 | 73,500 /yr | |
| 312 | 1-bed | 644 sqft | AED 757KAED 756,560 · Jan 2021January 2021 | 80,000 /yr | |
| 313 | 2-bed | 891 sqft | AED 1.3MAED 1,300,000 · Feb 2025February 2025 | 69,600 /yr | |
| 314 | 2-bed | 956 sqft | AED 1.79MAED 1,791,000 · Jan 2025January 2025 | ||
| 315 | 2-bed | 991 sqft | AED 1.6MAED 1,600,000 · Jul 2024July 2024 | 120,000 /yr | |
| 316 | 1-bed | 662 sqft | AED 1.05MAED 1,052,000 · Apr 2017April 2017 | 68,000 /yr | |
| 317 | 1-bed | 668 sqft | AED 1.06MAED 1,056,000 · Feb 2019February 2019 | 60,000 /yr | |
| 318 | 1-bed | 668 sqft | AED 1.06MAED 1,060,000 · Jul 2017July 2017 | 90,000 /yr | |
| 319 | 1-bed | 668 sqft | AED 803KAED 803,000 · Mar 2021March 2021 | 80,000 /yr | |
| 320 | Studio | 334 sqft | AED 589KAED 589,000 · Aug 2017August 2017 | 70,000 /yr | |
| 317A | 1-bed | 753 sqft | AED 1.45MAED 1,449,000 · Oct 2024October 2024 |
303, Merano Tower in numbers
- Sold twice: first on 4 February 2020 for AED 1,075,000, last on 20 November 2024 for AED 1,050,000 (AED 1,567 per sqft).
- Rented since April 2025 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2024 price is 11.9%, 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 2 April 2025.
Questions about 303, Merano Tower
What did unit 303 last sell for?
AED 1,050,000 on 20 November 2024: AED 1,567 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,075,000 in February 2020.
What is the rent for unit 303?
AED 125,000 a year on the contract signed on 2 April 2025.
How big is unit 303?
670 sqft (62.2 sqm): a one-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2020.
What is unit 303 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 303, Merano Tower
Starts from the last sale price (AED 1.05M, 20 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →