Project · Dubai property data · records to 2026-10-02

Merano Tower property prices & sales

Business Bay · Business Bay · Damac World Real Estate L.L.C · Nearest metro: Business Bay Metro Station
AED 1,557Median price per sq ft (12m)
-3.4% YoY
39Sales last 12 months
-39.1% YoY
AED 1.10MMedian sale price (12m)
AED 75,000Median annual rent (12m)
6.8%Gross yield (indicative)
0.0%Off-plan share (12m)

Merano Tower at a glance written from registered records

Merano Tower recorded 39 registered sales in the last 12 months, worth AED 44.03M in total. The median price was AED 1,557 per sq ft, down 3.4% on the previous 12 months, and the median sale price was AED 1.10M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 443 rental contracts registered in the same period, the median annual rent was AED 75,000, an indicative gross yield of 6.8%.

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Median price per sq ft by year registered sales

YearSalesMedian AED/sq ftMedian price
2026231,501AED 1.10M
2025641,586AED 1.09M
2024641,651AED 1.09M
2023511,507AED 965,000
2022821,453AED 1.00M
2021761,238AED 802,500
2020701,494AED 987,000
2019651,639AED 1.08M
2018351,623AED 1.06M
20171331,602AED 1.06M
20161691,596AED 1.07M

Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter

TypeSalesEntryTypicalPremiumAED/sq ftTypical size
1 B/R65AED 1.00MAED 1.06MAED 1.11M1,585668 sq ft
2 B/R23AED 1.30MAED 1.40MAED 1.46M1,538956 sq ft
Studio13AED 700,000AED 750,000AED 770,0002,094334 sq ft

Who's buying last 12 months

Off‑plan 0.0%Ready 100.0%
Cash 46.2%Mortgage 53.8%

Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.

Latest registered sales

DateTypeBedsBuildingSq ftPriceAED/sq ft
2026-10-01Unit1 B/RMerano668AED 1,040,0001,557
2026-09-28Unit1 B/RMerano668AED 1,000,0001,497
2026-09-28Unit1 B/RMerano670AED 1,000,0001,493
2026-09-21Unit1 B/RMerano668AED 990,0001,482
2026-09-09Unit1 B/RMerano668AED 1,100,0001,646
2026-08-26Unit1 B/RMerano753AED 1,100,0001,461

The full report lists every registered sale, with filters by bedroom and date. Open it free.

Questions about Merano Tower

What is the average price per sq ft in Merano Tower?

Over the last 12 months the median registered sale price in Merano Tower was AED 1,557 per sq ft (-3.4% year on year).

What is the rental yield in Merano Tower?

Comparing the median annual rent (AED 75,000) with the median sale price (AED 1,100,000) over the last 12 months gives an indicative gross yield of 6.8%.

How many properties sold in Merano Tower in the last 12 months?

39 sales were registered in the last 12 months, 0.0% of them off-plan.

What is the average rent in Merano Tower?

The median annual rent across 443 contracts registered in the last 12 months was AED 75,000.

Comparables in Business Bay 12m

Merano Tower ranks #104 of 130 by price per sq ft.

ProjectSalesAED/sq ft
Lumena Alta by Omniyat1476,131
HQ by ROVE3294,674
burj capital1403,661
Avarra by Palace1553,490
Binghatti Skyrise3922,938
One by Binghatti2082,938
Peninsula Three1692,654
Binghatti Aquarise5772,625
Peninsula Four2122,515
Tiger Sky Tower1712,394
Binghatti Skyhall2282,364
Merano Tower391,557
Damac Towers By Paramount1511,489

Project record

DeveloperDamac World Real Estate L.L.C
StatusFinished
Completion100%
Handover2020-02-27
Units581

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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.