Merano Tower, Business Bay: sale prices and transactions
Merano Tower is a project registered with the Dubai Land Department (project no. 1680) in Business Bay. Since May 2016, 833 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 38 sales closed at a median AED 16,749 per m² (AED 1,556 per sq ft).
- AED 16,749median price per m²
- AED 1,556median price per sq ft
- 833sales since 2016
- 38sales in 12 months
- -3.2%change year on year
Its price per m² is 34.4% below the Business Bay median (AED 25,523/m²). Sales combine off-plan purchases (49.9%) and resales of completed homes.
Merano Tower prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 25 | AED 1,060,000 | 62 m² |
| Apartment · 2 bedrooms | 12 | AED 1,390,000 | 83 m² |
Merano Tower price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 65 | AED 17,641 | AED 1,639 | — |
| 2020 | 70 | AED 16,078 | AED 1,494 | -8.9% |
| 2021 | 76 | AED 13,330 | AED 1,238 | -17.1% |
| 2022 | 82 | AED 15,643 | AED 1,453 | +17.4% |
| 2023 | 51 | AED 16,218 | AED 1,507 | +3.7% |
| 2024 | 64 | AED 17,773 | AED 1,651 | +9.6% |
| 2025 | 64 | AED 17,069 | AED 1,586 | -4% |
| 2026 (to mid-October) | 24 | AED 16,135 | AED 1,499 | -5.5% |
Merano Tower rents
423 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 7.1%, 2 bedrooms 7.2%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 64 | AED 60,000 | 54,494 – 65,000 | AED 60,000 |
| Apartment · 1 bedroom | 297 | AED 75,000 | 70,000 – 80,000 | AED 75,000 |
| Apartment · 2 bedrooms | 51 | AED 100,000 | 95,000 – 110,000 | AED 100,000 |
| Apartment · 3 bedrooms | 11 | AED 140,000 | 125,000 – 160,000 | AED 137,500 |
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- Prime Residency 3, Al Furjan — AED 16,746/m²
- Cove Grand Residence by Imtiaz, Dubai Land Residence Complex — AED 16,750/m²
- Maimoon Gardens, Jumeirah Village Circle — AED 16,745/m²
- Beverly Grande, Motor City — AED 16,751/m²
Other projects in Business Bay
- Majestine — AED 16,800/m²
- Hamilton Residency — AED 16,869/m²
- West Bay Tower — AED 16,452/m²
- The Atria — AED 16,427/m²
- The Cosmopolitan — AED 16,314/m²
- Churchill Tower — AED 16,270/m²
- West Wharef Tower — AED 16,251/m²
- The Court — AED 17,488/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Merano Tower?
Over the last 12 months the median is AED 1,556 per sq ft (AED 16,749 per m²) across 38 DLD sales.
How much is a 1 bedroom at Merano Tower?
Median sale price AED 1,060,000 for a median 62 m², across 25 sales over the last 12 months.
How many sales have been registered at Merano Tower?
833 residential sales registered with the DLD between May 2016 and October 2026, 49.9% of them off-plan.
Where is Merano Tower?
In Business Bay, Dubai; nearest metro station per the DLD: Business Bay Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.