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1-bed · 771 sqftMerano Tower, Business Bay · 9th floor · completed 2020

908, Merano Tower

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 21 September 2025
Last soldAED 1.15M22 February 2024
Current rentAED 105K /yr21 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 908, Merano Tower

What is 908 worth today?

Last sold for AED 1,150,000 in 2024

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21 Sep 2025RentedRenewal
AED 105,000/yr12 months · AED 137 per sqft
21 Sep 2024RentedNew contract
AED 105,000/yr12 months · AED 135 per sqft
1 May 2024RentedNew contract
AED 105,000/yr12 months · AED 135 per sqft
22 Feb 2024SoldReady
AED 1,150,000AED 1,490 per sqft
15 Sep 2022RentedRenewal
AED 68,000/yr6 months · AED 88 per sqft
15 Sep 2021RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
15 Sep 2020RentedNew contract
AED 52,000/yr12 months · AED 67 per sqft
27 Dec 2017Sold by developerOff-plan
AED 1,290,100AED 1,672 per sqft

Source: Dubai Land Department. Updated 21 September 2025.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
9th of 29
Parking
B3-080
Developer
DAMAC
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 1.15M · February 2024
Building
Merano Tower

About 908, Merano Tower

908 is a one-bedroom apartment of 771 sqft on the 9th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 22 February 2024 for AED 1,150,000, or AED 1,490 per sqft, in line with the AED 1,506 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 21 September 2025, is AED 105,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 908 over time

Sales
Unit 908, each saleTypical one-bed in Merano Tower
750K1M1.25M2016201920222025Typical 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, December 2017: AED 1,290,100 (AED 1,672 per sqft)Sold, February 2024: AED 1,150,000 (AED 1,490 per sqft)

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

Rents
Unit 908, each contractTypical one-bed in Merano Tower
50K100K2020202220242026Typical 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 52,000 a yearRenewal, September 2021: AED 55,000 a yearRenewal, September 2022: AED 68,000 a yearNew contract, May 2024: AED 105,000 a yearNew contract, September 2024: AED 105,000 a yearRenewal, September 2025: AED 105,000 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 908 sits

All 383 1-beds →

908 last sold in February 2024 at AED 1,490 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,506). 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. 908's AED 105,000 is in the upper 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
9021-bedAED 1.1M · Mar 2024
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
1–7 of 20

908, Merano Tower in numbers

  • Sold twice: first on 27 December 2017 for AED 1,290,100, last on 22 February 2024 for AED 1,150,000 (AED 1,490 per sqft).
  • Rented since September 2020 on 6 Ejari contracts, from AED 52,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 9.1%, before a service charge of about AED 14,700 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 21 September 2025.

Questions about 908, Merano Tower

What did unit 908 last sell for?

AED 1,150,000 on 22 February 2024: AED 1,490 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 1,290,100 in December 2017.

What is the rent for unit 908?

AED 105,000 a year on the contract renewed on 21 September 2025. The previous contract, from September 2024, was AED 105,000; the unit has been rented since September 2020.

How big is unit 908?

771 sqft (71.6 sqm): a one-bedroom apartment on the 9th floor of a 29-storey tower completed in 2020.

What is unit 908 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 908, Merano Tower

Starts from the last sale price (AED 1.15M, 22 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →