Unit 204, Merano Tower: what it sold for and what it is worth now

Unit 204 at Merano Tower is a 1 bed of 767 sq ft. It last sold for AED 1,165,000 on 3 Mar 2020. At AED 1,884 per sq ft, from 3 sales of units ending 04 (same position in the tower), it is worth about AED 1,445,000 today.

Value todayAED 1,445,000AED 1,416,000 to AED 1,494,000
Last saleAED 1,165,0003 Mar 2020 · Off-plan
Change since last sale+24.0%Building trend alone: AED 1,187,665
Rent (median asking, 1 bed)AED 70,000Gross yield 4.8%
Bedrooms1 bed
Size767 sq ft
Floor2 (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 unit1

Every registered sale of unit 204

DatePriceSizeAED/sq ftType
3 Mar 2020AED 1,165,000767 sq ft1,519Off-plan

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
12045 Dec 2024AED 800,000398 sq ft2,010Resale
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

Latest 1 bed sales in Merano Tower

UnitDatePriceSizeAED/sq ftType
22171 Oct 2026AED 1,040,000668 sq ft1,557Resale
110728 Sep 2026AED 1,000,000668 sq ft1,497Resale
260328 Sep 2026AED 1,000,000670 sq ft1,493Resale
100718 Sep 2026AED 990,000668 sq ft1,482Resale
17179 Sep 2026AED 1,100,000668 sq ft1,647Resale
2617A26 Aug 2026AED 1,100,000753 sq ft1,461Resale
70327 Jul 2026AED 965,000670 sq ft1,440Resale
26033 Jul 2026AED 924,900670 sq ft1,380Resale

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 (767 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 1,187,665. 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 204 at Merano Tower worth?

About AED 1,445,000 (range AED 1,416,000 to AED 1,494,000), based on AED 1,884 per sq ft from registered sales up to 15 Oct 2026.

When did unit 204 last sell?

3 Mar 2020, for AED 1,165,000 (off-plan). It has 1 registered sale.

What rent can unit 204 make?

A 1 bed in Merano Tower rents for about AED 70,000 a year (median asking rent). That is a gross yield of 4.8% on the estimate.

Sales alert for Merano TowerAll sales in Merano Tower

Unit 203 · Unit 205