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1-bed · 670 sqftMerano Tower, Business Bay · 9th floor · completed 2020

902, Merano Tower

Sold prices and rental history: sold twice, last in March 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.1M21 March 2024
Current rentAED 78K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 902, Merano Tower

What is 902 worth today?

Last sold for AED 1,100,000 in 2024

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1 Aug 2025RentedRenewal
AED 78,000/yr12 months · AED 117 per sqft
1 Aug 2024RentedNew contract
AED 78,000/yr12 months · AED 117 per sqft
11 Jun 2024RentedNew contract
AED 78,564/yr12 months · AED 118 per sqft
21 Mar 2024SoldReady
AED 1,100,000AED 1,642 per sqft
6 Nov 2019Sold by developerOff-plan
AED 1,065,600AED 1,591 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
9th of 29
Parking
B3-077
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.1M · March 2024
Building
Merano Tower

About 902, Merano Tower

902 is a one-bedroom apartment of 670 sqft on the 9th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 21 March 2024 for AED 1,100,000, or AED 1,642 per sqft, 8% above the AED 1,527 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 78,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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, November 2019: AED 1,065,600 (AED 1,591 per sqft)Sold, March 2024: AED 1,100,000 (AED 1,642 per sqft)

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

Rents
Unit 902, 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, June 2024: AED 78,564 a yearNew contract, August 2024: AED 78,000 a yearRenewal, August 2025: AED 78,000 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 902 sits

All 383 1-beds →

902 last sold in March 2024 at AED 1,642 per sqft, 8% above what one-beds in Merano Tower were fetching at the time (AED 1,527). 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. 902's AED 78,000 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 9th floor

All 574 units in Merano Tower
Value
9011-bedAED 830K · Nov 2016
9031-bedAED 1.01M · Jul 2021
904StudioAED 659K · May 2018
9051-bedAED 1.08M · Nov 2017
906StudioAED 790K · Jun 2025
9071-bedAED 1.08M · Jun 2016
9081-bedAED 1.15M · Feb 2024
1–7 of 20

902, Merano Tower in numbers

  • Sold twice: first on 6 November 2019 for AED 1,065,600, last on 21 March 2024 for AED 1,100,000 (AED 1,642 per sqft).
  • Rented since June 2024 on 3 Ejari contracts, from AED 78,564 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2024 price is 7.1%, 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 August 2025.

Questions about 902, Merano Tower

What did unit 902 last sell for?

AED 1,100,000 on 21 March 2024: AED 1,642 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,065,600 in November 2019.

What is the rent for unit 902?

AED 78,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 78,000; the unit has been rented since June 2024.

How big is unit 902?

670 sqft (62.2 sqm): a one-bedroom apartment on the 9th floor of a 29-storey tower completed in 2020.

What is unit 902 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 902, Merano Tower

Starts from the last sale price (AED 1.1M, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →