1-bed · 670 sqftMerano Tower, Business Bay · 8th floor · completed 2020

802, Merano Tower

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 970K3 October 2023
Current rentAED 90K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Merano Tower

What is 802 worth today?

Last sold for AED 970,000 in 2023

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1 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 135 per sqft
26 Nov 2024RentedNew contract
AED 87,000/yr12 months · AED 130 per sqft
27 May 2024RentedNew contract
AED 85,000/yr6 months · AED 127 per sqft
3 Oct 2023SoldReady
AED 970,000AED 1,448 per sqft
27 May 2023RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
3 Jan 2021Sold by developerReady
AED 1,164,000AED 1,738 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
8th of 29
Parking
B3-064
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 970K · October 2023
Building
Merano Tower

About 802, Merano Tower

802 is a one-bedroom apartment of 670 sqft on the 8th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 3 October 2023 for AED 970,000, or AED 1,448 per sqft, 7% below the AED 1,563 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 1 December 2025, is AED 90,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 12,700 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, January 2021: AED 1,164,000 (AED 1,738 per sqft)Sold, October 2023: AED 970,000 (AED 1,448 per sqft)

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

Rents
Unit 802, each contractTypical one-bed in Merano Tower
50K75K2020202220242026Typical 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, May 2023: AED 85,000 a yearNew contract, May 2024: AED 85,000 a yearNew contract, November 2024: AED 87,000 a yearNew contract, December 2025: AED 90,000 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 802 sits

All 383 1-beds →

802 last sold in October 2023 at AED 1,448 per sqft, 7% below what one-beds in Merano Tower were fetching at the time (AED 1,563). 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. 802's AED 90,000 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 8th floor

All 574 units in Merano Tower
Value
8011-bedAED 965K · Feb 2017
8031-bedAED 900K · May 2023
804StudioAED 750K · May 2025
8051-bedAED 1.15M · Mar 2025
806StudioAED 579K · Jan 2018
807AED 1.11M · Sep 2025
8081-bedAED 1.33M · Dec 2022
1–7 of 19

802, Merano Tower in numbers

  • Sold twice: first on 3 January 2021 for AED 1,164,000, last on 3 October 2023 for AED 970,000 (AED 1,448 per sqft).
  • Rented since May 2023 on 4 Ejari contracts, from AED 85,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 9.3%, 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 1 December 2025.

Questions about 802, Merano Tower

What did unit 802 last sell for?

AED 970,000 on 3 October 2023: AED 1,448 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,164,000 in January 2021.

What is the rent for unit 802?

AED 90,000 a year on the contract signed on 1 December 2025. The previous contract, from November 2024, was AED 87,000; the unit has been rented since May 2023.

How big is unit 802?

670 sqft (62.2 sqm): a one-bedroom apartment on the 8th floor of a 29-storey tower completed in 2020.

What is unit 802 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 802, Merano Tower

Starts from the last sale price (AED 970K, 3 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

Plus AED 45,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →