Unit 706, Merano Tower: what it sold for and what it is worth now

Unit 706 at Merano Tower is a studio of 331 sq ft. It last sold for AED 537,000 on 24 Jun 2020. At AED 2,296 per sq ft, from 3 sales of units ending 06 (same position in the tower), it is worth about AED 760,000 today.

Value todayAED 760,000AED 672,000 to AED 775,000
Last saleAED 537,00024 Jun 2020 · Resale
Change since last sale+41.5%Building trend alone: AED 615,759
Rent (median asking, studio)AED 58,000Gross yield 7.6%
Bedroomsstudio
Size331 sq ft
Floor7 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingMerano Tower by DAMAC Properties, handed over 2020
Registered sales of this unit1

Every registered sale of unit 706

DatePriceSizeAED/sq ftType
24 Jun 2020AED 537,000331 sq ft1,622Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
270619 Sep 2025AED 584,259331 sq ft1,765Resale
90610 Jun 2025AED 790,000331 sq ft2,387Resale
260619 Nov 2024AED 760,000331 sq ft2,296Resale
22062 Oct 2024AED 730,000331 sq ft2,205Resale
100612 Oct 2023AED 650,000331 sq ft1,964Resale
210627 Jul 2023AED 670,000331 sq ft2,024Resale
260611 Jul 2023AED 640,000331 sq ft1,934Resale
21066 Jun 2023AED 480,000331 sq ft1,450Resale

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 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,296). We multiplied it by the size of this unit (331 sq ft). The range uses the middle half of those sales (AED 2,031 to AED 2,341 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 615,759. 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 706 at Merano Tower worth?

About AED 760,000 (range AED 672,000 to AED 775,000), based on AED 2,296 per sq ft from registered sales up to 15 Oct 2026.

When did unit 706 last sell?

24 Jun 2020, for AED 537,000 (resale). It has 1 registered sale.

What rent can unit 706 make?

A studio in Merano Tower rents for about AED 58,000 a year (median asking rent). That is a gross yield of 7.6% on the estimate.

Sales alert for Merano TowerAll sales in Merano Tower

Unit 704 · Unit 708