Merano Tower
برج ميرانوDAMAC WORLD REAL ESTATE L.L.C · Home sales since 2016 · mostly resales in the 12 months to 1 Oct 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Merano Tower was AED 1,571/sqft in Dec 2025, from 5 home sales recorded.
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 581 units · 1 building · DLD target completion February 2020
Registered developer: DAMAC WORLD REAL ESTATE L.L.C (DLD no. 1095)
Master developer: BUSINESS BAY (L.L.C) (DLD no. 898)
Escrow account with Abu Dhabi Commercial Bank · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Business Bay
Typical yearly rent of AED 89,000 across 15,225 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Street View imagery near Merano Tower, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
AED 1,571/sqft
Dec 2025 · 5 home sales
-2.8%
Dec 2022 to Dec 2025, scaled up to a year
76 months
Recorded home resales here fall in 76 months, May 2020 to Oct 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Merano Tower — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Merano Tower over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Merano Tower itself. The rest are homes of the same size in Business Bay, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 532K1 sale | AED 60,000/yrthis building · 43 new lets | 11.3% | 1 |
| 1 bed | AED 1.06M | AED 75,000/yrthis building · 199 new lets | 7.1% | 25 |
| 2 beds | AED 1.38M | AED 100,000/yrthis building · 41 new lets | 7.2% | 11 |
What it returns after service charges
Starting from this building’s own owners’ association budget for 2026 — AED 23/sqft, as recorded with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| 1 bed | AED 15,063 | AED 59,937 | 7.1% | 5.7% |
| 2 beds | AED 21,709 | AED 78,291 | 7.2% | 5.7% |
Only the service charge is taken off.
Reserve fund: AED 0.7/sqft of the AED 22.7/sqft recorded for 2026.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Merano Tower
How much does a home in Merano Tower cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Merano Tower was AED 1.06M for a 1-bedroom (25 ready sales) and AED 1.38M for a 2-bedroom (11 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Merano Tower?
The typical rent (the median: half of the rent contracts were above this, half below) in Merano Tower is AED 75,000/yr for a 1-bedroom (199 new tenancies recorded in Merano Tower itself) and AED 100,000/yr for a 2-bedroom (41 new tenancies recorded in Merano Tower itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Merano Tower itself.
What rental yield does Merano Tower give?
The yield before costs on completed homes in Merano Tower is about 7.1% on a 1-bedroom and 7.2% on a 2-bedroom. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Merano Tower selling off-plan or as resales?
0% of the 40 home sales recorded in Merano Tower in the 12 months to 1 Oct 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Merano Tower start selling?
The Land Department's register holds 832 home sales in Merano Tower. The earliest was recorded in May 2016 and the newest in Oct 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Business Bay typical price
-39.5%
Priced at or below the area's typical price. Dec 2025: 5 sales here against 954 in the area.
Developer track record
83,307 recorded sales
Matched to Damac Crescent Properties, across the 20 companies Keyva groups under that name, Oct 2004 to 7 Oct 2026.
106 completed · 50 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Moderate competitionWhen Merano Tower handed over in February 2020, 3 other projects in Business Bay had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 49 other projects in Business Bay as not yet finished. None of the 3 listed below is among them.
Prive By Damac
NAMAA PROPERTIES DEVELOPMENT L.L.C
The One Hotel
T F G REAL ESTATE L.L.C
The Pad
PAD PROPERTIES NINE LIMITED
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
679 m
Business Bay
1.1 km
JSS School
121 m
Nexx Home Healthcare Services
122 m
Rich Supermarket
Metro stations
- Business Bay679 m
- Burj Khalifa / Dubai Mall2.0 km
Schools
- JSS School1.1 km
- Horizon English School1.1 km
- Al Safa High School1.1 km
- Al Manar Quran Study Centre1.3 km
Hospitals & clinics
- Nexx Home Healthcare Services121 m
- Medcare Orthopaedics & Spine Hospital1.5 km
- MedCare Hospital1.8 km
- Mediclinic2.2 km
Supermarkets
- Rich Supermarket122 m
- zoom176 m
- Wmart295 m
- Deli Plus Mini Mart429 m
Bus stops
- Lillian Tower 2229 m
- Lillian Tower 1330 m
- Bus stop452 m
- The Binary Tower 1639 m
Pharmacies
- Medicina210 m
- Life Pharmacy542 m
- Health First566 m
- Life Pharmacy773 m
Malls
- Bay Avenue Mall787 m
- Al Wasl Centre1.2 km
- Al Faris Mall1.3 km
- Souk Extra1.6 km
Parks
- Bayside Park 1146 m
- Family Hub177 m
- Action Hub641 m
- Action Hub669 m
Mosques
- Al Safa Mosque958 m
- Masjid Al Ghafoor1.4 km
- Al Qasimi Mosque1.6 km
- Al Safa Mosque2.1 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Business Bay
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Binghatti
1–7 Oct 2026 · 11 home sales
Deyaar Development (P.J.S.C)
Sep 2026 · 7 home sales
Binghatti
Sep 2026 · 8 home sales
Select Global Development L.L.C
Sep 2026 · 27 home sales
Binghatti
1–7 Oct 2026 · 5 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Merano Tower?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.