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Project profile

Merano Tower Project · Business Bay · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: DAMAC World Real Estate

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Data to 5 November 2026

Registered sales
34
Last 12 months
Median ready price
AED 1,556
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 27 February 2020. In the last 12 months, Dubai Land Department registered 34 sales in Merano Tower, worth AED 38.8M in total. The median price of ready homes was 1,556 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions. Asking prices are aggregates of property portal listings.

Abstract illustration, not an architectural rendering

A completed project.

Construction progress100%

Completed

Start
1 October 2015
DLD end date
27 February 2020
Completion
27 February 2020
Units
581
Buildings
1

Merano Tower registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales)
Nov 2023 — 4 sales
Dec 2023 — 3 sales
Jan 2024 — 3 sales
Feb 2024 1,784 AED/sqft 7 sales
Mar 2024 — 4 sales
Apr 2024 — 1 sale
May 2024 1,655 AED/sqft 9 sales
Jun 2024 — 3 sales
Jul 2024 1,591 AED/sqft 7 sales
Aug 2024 1,672 AED/sqft 6 sales
Sep 2024 1,647 AED/sqft 6 sales
Oct 2024 1,924 AED/sqft 6 sales
Nov 2024 1,567 AED/sqft 5 sales
Dec 2024 1,644 AED/sqft 7 sales
Jan 2025 1,782 AED/sqft 8 sales
Feb 2025 1,584 AED/sqft 8 sales
Mar 2025 — 4 sales
Apr 2025 — 4 sales
May 2025 1,657 AED/sqft 5 sales
Jun 2025 — 4 sales
Jul 2025 1,366 AED/sqft 6 sales
Aug 2025 — 2 sales
Sep 2025 1,615 AED/sqft 6 sales
Oct 2025 1,556 AED/sqft 7 sales
Nov 2025 1,549 AED/sqft 5 sales
Dec 2025 1,571 AED/sqft 5 sales
Jan 2026 — 4 sales
Feb 2026 — 4 sales
Mar 2026 — 2 sales
Apr 2026 — 2 sales
May 2026 — 1 sale
Jun 2026 —
Jul 2026 — 3 sales
Aug 2026 — 2 sales
Sep 2026 — 4 sales
Oct 2026 — 2 sales

What does each home type sell and rent for in Merano Tower?

  • Apartment · Studio

    Ready median price
    —
    Median yearly rent
    AED 59.8K
    Gross yield
    Rent only

  • Apartment · 1 bed

    Ready median price
    AED 1.1M
    Median yearly rent
    AED 73K
    Gross yield
    7%

  • Apartment · 2 beds

    Ready median price
    AED 1.4M
    Median yearly rent
    AED 100K
    Gross yield
    7.2%

  • Apartment · 3 beds

    Ready median price
    —
    Median yearly rent
    AED 135K
    Gross yield
    Rent only

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Business Bay area report

Asking prices against sales

  • Property portal asking prices11.7%above registered sale pricesGap in 1 segment

Property portal asking prices are compared with registered sales per segment (same market, property type and bedrooms), only where there are at least 10 listings and 10 sales. No individual listing is shown.

The latest registered sales in Merano Tower.

  • 5 Nov 2026

    ApartmentStudioReady398 sqft

    Merano

    AED 625,0001,570 AED/sqft

  • 15 Oct 2026

    Apartment2 bedsReady993 sqft

    Merano

    AED 1,450,0001,460 AED/sqft

  • 1 Oct 2026

    Apartment1 bedReady668 sqft

    Merano

    AED 1,040,0001,557 AED/sqft

  • 28 Sep 2026

    Apartment1 bedReady670 sqft

    Merano

    AED 1,000,0001,493 AED/sqft

  • 28 Sep 2026

    Apartment1 bedReady668 sqft

    Merano

    AED 1,000,0001,497 AED/sqft

  • 21 Sep 2026

    Apartment1 bedReady668 sqft

    Merano

    AED 990,0001,482 AED/sqft

  • 9 Sep 2026

    Apartment1 bedReady668 sqft

    Merano

    AED 1,100,0001,647 AED/sqft

  • 26 Aug 2026

    Apartment1 bedReady753 sqft

    Merano

    AED 1,100,0001,461 AED/sqft

  • 17 Aug 2026

    Apartment2 bedsReady969 sqft

    Merano

    AED 1,220,0001,259 AED/sqft

  • 27 Jul 2026

    Apartment1 bedReady670 sqft

    Merano

    AED 965,0001,440 AED/sqft

Questions about Merano Tower

What is the price per sq ft in Merano Tower?

In the 12 months to 5 November 2026, the median registered sale price of ready homes was 1,556 AED/sqft.

How many homes were sold in Merano Tower in the last 12 months?

In the last 12 months, Dubai Land Department registered 34 sales in Merano Tower, worth AED 38.8M in total. The median price of ready homes was 1,556 AED/sqft. Registered sales to 5 November 2026.

What is the rent in Merano Tower?

In the 12 months to 5 November 2026, Apartment · 1 bed was the most rented home type in Merano Tower, at a median of AED 73,000 a year over 204 new contracts. Against its ready median price of AED 1,050,000, that is a gross yield of 7%, before service charges and other costs.

When was Merano Tower completed?

Dubai Land Department lists the project as completed on 27 February 2020.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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