1-bed · 662 sqftMerano Tower, Business Bay · 9th floor · completed 2020

916, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 916 · DLD and Ejari recordsUpdated 20 July 2025

Last soldAED 1.2M5 June 2016

Current rentAED 78K /yr20 July 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 916, Merano Tower

Today

What is 916 worth today?

Last sold for AED 1,200,698 in 2016

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20 Jul 2025

20 Jul 2025RentedNew contract

AED 78,000/yr12 months · AED 117 per sqft

20 Jun 2024

20 Jun 2024RentedRenewal

AED 75,000/yr12 months · AED 113 per sqft

20 Jun 2022

20 Jun 2022RentedNew contract

AED 65,000/yr12 months · AED 97 per sqft

20 Jun 2021

20 Jun 2021RentedNew contract

AED 48,000/yr12 months · AED 72 per sqft

10 Aug 2020

10 Aug 2020RentedNew contract

AED 42,000/yr12 months · AED 63 per sqft

26 Jul 2020

26 Jul 2020RentedNew contract

AED 81,000/yr12 months · AED 122 per sqft

5 Jun 2016

5 Jun 2016Sold by developerOff-plan

AED 1,200,698AED 1,812 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type: 1-bed apartment
Size: 662 sqft
Floor: 9th of 29
Parking: B3-085
Developer: DAMAC
Completed: 2020
Service charge: AED 12,600 /yr
Last sold: AED 1.2M · June 2016
Building: Merano Tower

About 916, Merano Tower

916 is a one-bedroom apartment of 662 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 5 June 2016 for AED 1,200,698, or AED 1,812 per sqft, 11% above the AED 1,636 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 20 July 2025, is AED 78,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 916 over time

Sales

Unit 916, each saleTypical one-bed in Merano Tower

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

Rents

Unit 916, each contractTypical one-bed in Merano Tower

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 916 sits

All 383 1-beds →

1-beds in Merano Tower · last 12 months1,597 /sqft Merano Tower · all types1,571 /sqft

916 last sold in June 2016 at AED 1,812 per sqft, 11% above what one-beds in Merano Tower were fetching at the time (AED 1,636). 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. 916's AED 78,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
13 Feb 202613 February 2026	668 sqft	1,100,000	1,645
4 Feb 20264 February 2026	664 sqft	1,170,000	1,762
22 Jan 202622 January 2026	644 sqft	1,200,000	1,863
15 Jan 202615 January 2026	668 sqft	1,100,000	1,646

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


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
904	Studio	398 sqft	AED 659KAED 659,017 · May 2018May 2018	60,000 /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
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

1–7 of 20

916, Merano Tower in numbers

Sold once: by DAMAC on 5 June 2016 for AED 1,200,698, or AED 1,812 per sqft.
Rented since July 2020 on 6 Ejari contracts. The rent fell from AED 81,000 to AED 42,000 in 2020 and recovered to AED 78,000 by July 2025.
At AED 78,000 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 12,600 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 20 July 2025.

Questions about 916, Merano Tower

What did unit 916 last sell for?

AED 1,200,698 on 5 June 2016, sold by the developer: AED 1,812 per sqft for 662 sqft. It is the only registered sale of the unit.

What is the rent for unit 916?

AED 78,000 a year on the contract signed on 20 July 2025. The previous contract, from June 2024, was AED 75,000; the unit has been rented since July 2020.

How big is unit 916?

662 sqft (61.5 sqm): a one-bedroom apartment on the 9th floor of a 29-storey tower completed in 2020.

What is unit 916 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 916, Merano Tower

Starts from the last sale price (AED 1.2M, 5 June 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,200,698
Deposit, UAE resident (20%): AED 240,140
Deposit, non-resident (40%): AED 480,279
Monthly over 25 years at 3.7%: AED 4,912

Plus AED 55,439 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →