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1-bed · 668 sqftMerano Tower, Business Bay · 9th floor · completed 2020

917, Merano Tower

Sold prices and rental history: sold twice, last in November 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 917 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 700K17 November 2020
Current rentAED 77K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 917, Merano Tower

What is 917 worth today?

Last sold for AED 700,000 in 2020

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10 Jul 2025RentedRenewal
AED 77,000/yr12 months · AED 115 per sqft
4 Oct 2023RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
2 Oct 2022RentedRenewal
AED 58,000/yr12 months · AED 87 per sqft
17 Nov 2020SoldReady
AED 700,000AED 1,047 per sqft
30 Jan 2020Sold by developerOff-plan
AED 1,060,000AED 1,586 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
9th of 29
Parking
B3-086
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 700K · November 2020
Building
Merano Tower

About 917, Merano Tower

917 is a one-bedroom apartment of 668 sqft on the 9th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 17 November 2020 for AED 700,000, or AED 1,047 per sqft, 31% below the AED 1,520 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 July 2025, is AED 77,000 a year: a gross yield of 11.0% on the 2020 price, before the service charge of about AED 12,700 a year.

Sales and rents for 917 over time

Sales
Unit 917, 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 2020: AED 1,060,000 (AED 1,586 per sqft)Sold, November 2020: AED 700,000 (AED 1,047 per sqft)

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

Rents
Unit 917, 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 80,000Renewal, October 2022: AED 58,000 a yearNew contract, October 2023: AED 85,000 a yearRenewal, July 2025: AED 77,000 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 917 sits

All 383 1-beds →

917 last sold in November 2020 at AED 1,047 per sqft, 31% below what one-beds in Merano Tower were fetching at the time (AED 1,520). 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. 917's AED 77,000 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
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

917, Merano Tower in numbers

  • Sold twice: first on 30 January 2020 for AED 1,060,000, last on 17 November 2020 for AED 700,000 (AED 1,047 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, from AED 58,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2020 price is 11.0%, 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 10 July 2025.

Questions about 917, Merano Tower

What did unit 917 last sell for?

AED 700,000 on 17 November 2020: AED 1,047 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 1,060,000 in January 2020.

What is the rent for unit 917?

AED 77,000 a year on the contract renewed on 10 July 2025. The previous contract, from October 2023, was AED 85,000; the unit has been rented since October 2022.

How big is unit 917?

668 sqft (62.1 sqm): a one-bedroom apartment on the 9th floor of a 29-storey tower completed in 2020.

What is unit 917 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 917, Merano Tower

Starts from the last sale price (AED 700K, 17 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →