Business Bay
Merano Tower
DAMAC WORLD REAL ESTATE L.L.C · Selling since 2015 · recent sales mostly resales
Street View imagery near Merano Tower, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 1,360/sqft
3yr CAGR
-2.7%
5yr projection (1,000 sqft)
AED 1,360,332
AED 1,015,381 to AED 2,352,470, from 10.3 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
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 registered at in Merano Tower — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Merano Tower over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Merano Tower itself; the rest are homes of the same size in Business Bay, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 1.1M | AED 77,250/yrthis building · 194 new lets | 7.0% | 24 |
| 2 beds | AED 1.39M | AED 105,000/yrthis building · 41 new lets | 7.6% | 12 |
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 17/sqft, as filed with the Land Department. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 11,270 | AED 65,980 | 7.0% | 6.0% |
| 2 beds | AED 16,251 | AED 88,749 | 7.6% | 6.4% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Due diligence
Price vs. Business Bay median
-35.9%
Priced at or below the area's real median.
Developer track record
2,534 real transactions
3 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
679 m
Business Bay
Nearest school
1.1 km
JSS School
Nearest hospital
121 m
Nexx Home Healthcare Services
Nearest supermarket
122 m
Rich Supermarket
Metro stations
- Business Bay679 m
- Burj Khalifa / Dubai Mall