904, Merano Tower
Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 904, Merano Tower
What is 904 worth today?
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Source: Dubai Land Department. Updated 5 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 9th of 29
- Parking
- B4-043
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 659K · May 2018
- Building
- Merano Tower
About 904, Merano Tower
904 is a studio of 398 sqft on the 9th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 8 May 2018 for AED 659,017, or AED 1,656 per sqft, 7% below the AED 1,778 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 5 July 2025, is AED 60,000 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 7,600 a year.
Sales and rents for 904 over time
904 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Merano Tower, and where 904 sits
All 79 studios →904 last sold in May 2018 at AED 1,656 per sqft, 7% below what studios in Merano Tower were fetching at the time (AED 1,778). 904's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,385 | ||
| 19 May 202519 May 2025 | 334 sqft | 750,000 | 2,244 | ||
| 13 May 202513 May 2025 | 398 sqft | 750,000 | 1,884 | ||
| 25 Feb 202525 February 2025 | 334 sqft | 700,000 | 2,094 |
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 9th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 616 sqft | AED 830KAED 830,000 · Nov 2016November 2016 | 75,000 /yr | |
| 902 | 1-bed | 670 sqft | AED 1.1MAED 1,100,000 · Mar 2024March 2024 | 78,000 /yr | |
| 903 | 1-bed | 670 sqft | AED 1.01MAED 1,005,000 · Jul 2021July 2021 | 80,000 /yr | |
| 905 | 1-bed | 669 sqft | AED 1.08MAED 1,083,000 · Nov 2017November 2017 | 75,000 /yr | |
| 906 | Studio | 331 sqft | AED 790KAED 790,000 · Jun 2025June 2025 | 50,000 /yr | |
| 907 | 1-bed | 668 sqft | AED 1.08MAED 1,076,160 · Jun 2016June 2016 | 85,000 /yr | |
| 908 | 1-bed | 771 sqft | AED 1.15MAED 1,150,000 · Feb 2024February 2024 | 105,000 /yr | |
| 909 | 644 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | 80,000 /yr | ||
| 910 | 1-bed | 635 sqft | AED 1.03MAED 1,027,620 · May 2018May 2018 | 75,000 /yr | |
| 911 | 1-bed | 644 sqft | AED 840KAED 840,000 · Jun 2023June 2023 | ||
| 912 | 1-bed | 644 sqft | AED 700KAED 700,000 · Nov 2020November 2020 | 80,000 /yr | |
| 913 | 2-bed | 891 sqft | AED 1.41MAED 1,412,000 · Sep 2019September 2019 | ||
| 914 | 2-bed | 956 sqft | AED 1.41MAED 1,410,000 · Jul 2024July 2024 | 115,000 /yr | |
| 915 | 2-bed | 991 sqft | AED 1.45MAED 1,450,000 · Jun 2025June 2025 | 105,000 /yr | |
| 916 | 1-bed | 662 sqft | AED 1.2MAED 1,200,698 · Jun 2016June 2016 | 78,000 /yr | |
| 917 | 1-bed | 668 sqft | AED 700KAED 700,000 · Nov 2020November 2020 | 77,000 /yr | |
| 918 | 1-bed | 668 sqft | AED 1.08MAED 1,080,000 · Nov 2019November 2019 | 80,000 /yr | |
| 919 | 1-bed | 668 sqft | AED 1.36MAED 1,363,000 · Apr 2025April 2025 | 85,000 /yr | |
| 920 | Studio | 334 sqft | AED 750KAED 750,000 · May 2025May 2025 | ||
| 917A | 1-bed | 753 sqft | AED 1.24MAED 1,238,000 · Nov 2019November 2019 | 80,000 /yr |
904, Merano Tower in numbers
- Sold once: by DAMAC on 8 May 2018 for AED 659,017, or AED 1,656 per sqft.
- Rented since May 2020 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2020 and recovered to AED 60,000 by July 2025.
- At AED 60,000 a year the gross yield on the 2018 price is 9.1%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 5 July 2025.
Questions about 904, Merano Tower
What did unit 904 last sell for?
AED 659,017 on 8 May 2018, sold by the developer: AED 1,656 per sqft for 398 sqft. It is the only registered sale of the unit.
What is the rent for unit 904?
AED 60,000 a year on the contract signed on 5 July 2025. The previous contract, from April 2024, was AED 65,000; the unit has been rented since May 2020.
How big is unit 904?
398 sqft (37.0 sqm): a studio on the 9th floor of a 29-storey tower completed in 2020.
What is unit 904 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 904, Merano Tower
Starts from the last sale price (AED 659K, 8 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 659,017
- Deposit, UAE resident (20%)
- AED 131,803
- Deposit, non-resident (40%)
- AED 263,607
- Monthly over 25 years at 3.7%
- AED 2,696
Plus AED 32,689 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →