Unit 1204, Merano Tower: what it sold for and what it is worth now

Unit 1204 at Merano Tower is a studio of 398 sq ft. It last sold for AED 800,000 on 5 Dec 2024. At AED 1,884 per sq ft, from 3 sales of units ending 04 (same position in the tower), it is worth about AED 750,000 today.

Value todayAED 750,000AED 735,000 to AED 775,000
Last saleAED 800,0005 Dec 2024 · Resale
Change since last sale-6.3%Building trend alone: AED 762,924
Rent (median asking, studio)AED 58,000Gross yield 7.7%
Bedroomsstudio
Size398 sq ft
Floor12 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingMerano Tower by DAMAC Properties, handed over 2020
Registered sales of this unit2

Every registered sale of unit 1204

DatePriceSizeAED/sq ftType
5 Dec 2024AED 800,000398 sq ft2,010Resale
1 Aug 2022AED 610,000398 sq ft1,533Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80413 May 2025AED 750,000398 sq ft1,884Resale
30421 Jan 2025AED 720,000398 sq ft1,809Resale
220427 Aug 2024AED 730,000398 sq ft1,834Resale
110410 May 2024AED 715,000398 sq ft1,796Resale
160420 Feb 2024AED 710,000398 sq ft1,784Resale
100425 Jan 2024AED 740,000398 sq ft1,859Resale
70427 Sep 2022AED 709,000398 sq ft1,781Resale
60431 Aug 2022AED 708,000398 sq ft1,779Resale

Latest studio sales in Merano Tower

UnitDatePriceSizeAED/sq ftType
20520 Oct 2025AED 532,000381 sq ft1,396Resale
270619 Sep 2025AED 584,259331 sq ft1,765Resale
23208 Sep 2025AED 800,000334 sq ft2,395Resale
90610 Jun 2025AED 790,000331 sq ft2,387Resale
92019 May 2025AED 750,000334 sq ft2,246Resale
80413 May 2025AED 750,000398 sq ft1,884Resale
202025 Feb 2025AED 700,000334 sq ft2,096Resale
30421 Jan 2025AED 720,000398 sq ft1,809Resale

How we worked out the value

We took the 3 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,884). We multiplied it by the size of this unit (398 sq ft). The range uses the middle half of those sales (AED 1,847 to AED 1,947 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 762,924. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1204 at Merano Tower worth?

About AED 750,000 (range AED 735,000 to AED 775,000), based on AED 1,884 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1204 last sell?

5 Dec 2024, for AED 800,000 (resale). It has 2 registered sales.

What rent can unit 1204 make?

A studio in Merano Tower rents for about AED 58,000 a year (median asking rent). That is a gross yield of 7.7% on the estimate.

Sales alert for Merano TowerAll sales in Merano Tower

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