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1-bed · 644 sqftMerano Tower, Business Bay · 6th floor · completed 2020

611, Merano Tower

Sold prices and rental history: sold once, by the developer in July 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 718K2 July 2020
Current rentAED 70K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Merano Tower

What is 611 worth today?

Last sold for AED 718,000 in 2020

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15 Sep 2025RentedRenewal
AED 70,000/yr12 months · AED 109 per sqft
15 Sep 2023RentedRenewal
AED 56,580/yr12 months · AED 88 per sqft
15 Sep 2022RentedRenewal
AED 49,200/yr12 months · AED 76 per sqft
15 Sep 2020RentedNew contract
AED 41,000/yr12 months · AED 64 per sqft
2 Jul 2020Sold by developerReady
AED 718,000AED 1,114 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2025.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
6th of 29
Parking
B3-041
Developer
DAMAC
Completed
2020
Service charge
AED 12,300 /yr
Last sold
AED 718K · July 2020
Building
Merano Tower

About 611, Merano Tower

611 is a one-bedroom apartment of 644 sqft on the 6th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 2 July 2020 for AED 718,000, or AED 1,114 per sqft, 31% below the AED 1,609 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 70,000 a year: a gross yield of 9.8% on the 2020 price, before the service charge of about AED 12,300 a year.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical 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, July 2020: AED 718,000 (AED 1,114 per sqft)

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

Rents
Unit 611, 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 80,000New contract, September 2020: AED 41,000 a yearRenewal, September 2022: AED 49,200 a yearRenewal, September 2023: AED 56,580 a yearRenewal, September 2025: AED 70,000 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 611 sits

All 383 1-beds →

611 last sold in July 2020 at AED 1,114 per sqft, 31% below 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. 611's AED 70,000 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 6th floor

All 574 units in Merano Tower
Value
6011-bedAED 1.04M · Dec 2022
6021-bedAED 1.07M · Jan 2017
6031-bedAED 1.09M · Jun 2016
604StudioAED 708K · Aug 2022
6051-bedAED 1.08M · Mar 2024
606StudioAED 409K · Nov 2020
6071-bedAED 934K · Jun 2016
1–7 of 20

611, Merano Tower in numbers

  • Sold once: by DAMAC on 2 July 2020 for AED 718,000, or AED 1,114 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 41,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 9.8%, before a service charge of about AED 12,300 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: YallaValue analysis of Dubai Land Department records. Updated 15 September 2025.

Questions about 611, Merano Tower

What did unit 611 last sell for?

AED 718,000 on 2 July 2020, sold by the developer: AED 1,114 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 70,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2023, was AED 56,580; the unit has been rented since September 2020.

How big is unit 611?

644 sqft (59.8 sqm): a one-bedroom apartment on the 6th floor of a 29-storey tower completed in 2020.

What is unit 611 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 611, Merano Tower

Starts from the last sale price (AED 718K, 2 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 718,000
Deposit, UAE resident (20%)
AED 143,600
Deposit, non-resident (40%)
AED 287,200
Monthly over 25 years at 3.7%
AED 2,938

Plus AED 35,166 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →