Unit 803, Merano Tower: what it sold for and what it is worth now

Unit 803 at Merano Tower is a 1 bed of 670 sq ft. It last sold for AED 900,000 on 9 May 2023. At AED 1,493 per sq ft, from 5 sales of units ending 03 (same position in the tower), it is worth about AED 1,000,000 today.

Value todayAED 1,000,000AED 965,000 to AED 1,005,000
Last saleAED 900,0009 May 2023 · Resale
Change since last sale+11.1%Building trend alone: AED 851,096
Rent (median asking, 1 bed)AED 70,000Gross yield 7.0%
Bedrooms1 bed
Size670 sq ft
Floor8 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingMerano Tower by DAMAC Properties, handed over 2020
Registered sales of this unit2

Every registered sale of unit 803

DatePriceSizeAED/sq ftType
9 May 2023AED 900,000670 sq ft1,343Resale
22 Aug 2021AED 700,000670 sq ft1,045Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
260328 Sep 2026AED 1,000,000670 sq ft1,493Resale
70327 Jul 2026AED 965,000670 sq ft1,440Resale
26033 Jul 2026AED 924,900670 sq ft1,380Resale
15039 Apr 2025AED 1,005,000670 sq ft1,500Resale
30320 Nov 2024AED 1,050,000670 sq ft1,567Resale
2035 Sep 2024AED 1,000,000772 sq ft1,295Resale
290320 Aug 2024AED 1,120,000670 sq ft1,672Resale
27035 Sep 2023AED 1,015,694670 sq ft1,516Resale

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 5 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,493). We multiplied it by the size of this unit (670 sq ft). The range uses the middle half of those sales (AED 1,440 to AED 1,500 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 851,096. 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 803 at Merano Tower worth?

About AED 1,000,000 (range AED 965,000 to AED 1,005,000), based on AED 1,493 per sq ft from registered sales up to 15 Oct 2026.

When did unit 803 last sell?

9 May 2023, for AED 900,000 (resale). It has 2 registered sales.

What rent can unit 803 make?

A 1 bed in Merano Tower rents for about AED 70,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for Merano TowerAll sales in Merano Tower

Unit 802 · Unit 804