1-bed · 635 sqftMerano Tower, Business Bay · 7th floor · completed 2020

710, Merano Tower

Sold prices and rental history: sold once, by the developer in August 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 27 August 2018
Last soldAED 1.03M27 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Merano Tower

What is 710 worth today?

Last sold for AED 1,026,630 in 2018

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27 Aug 2018Sold by developerOff-plan
AED 1,026,630AED 1,616 per sqft

Source: Dubai Land Department. Updated 27 August 2018.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
7th of 29
Parking
B3-055
Developer
DAMAC
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 1.03M · August 2018
Building
Merano Tower

About 710, Merano Tower

710 is a one-bedroom apartment of 635 sqft on the 7th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 27 August 2018 for AED 1,026,630, or AED 1,616 per sqft, in line with the AED 1,618 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 710 over time

Sales
Unit 710, 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, August 2018: AED 1,026,630 (AED 1,616 per sqft)

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

Rents
Unit 710, 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 710 sits

All 383 1-beds →

710 last sold in August 2018 at AED 1,616 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,618). 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 7th floor

All 574 units in Merano Tower
Value
7011-bedAED 990K · Dec 2025
7021-bedAED 1.06M · Apr 2017
7031-bedAED 1.06M · Mar 2017
704StudioAED 709K · Sep 2022
7051-bedAED 1.06M · Apr 2017
706StudioAED 537K · Jun 2020
7071-bedAED 1.06M · Nov 2017
1–7 of 20

710, Merano Tower in numbers

  • Sold once: by DAMAC on 27 August 2018 for AED 1,026,630, or AED 1,616 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 27 August 2018.

Questions about 710, Merano Tower

What did unit 710 last sell for?

AED 1,026,630 on 27 August 2018, sold by the developer: AED 1,616 per sqft for 635 sqft. It is the only registered sale of the unit.

How big is unit 710?

635 sqft (59.0 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2020.

What is unit 710 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 710, Merano Tower

Starts from the last sale price (AED 1.03M, 27 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,026,630
Deposit, UAE resident (20%)
AED 205,326
Deposit, non-resident (40%)
AED 410,652
Monthly over 25 years at 3.7%
AED 4,200

Plus AED 48,128 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →