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Merano Tower is a completed apartment development by DAMAC WORLD REAL ESTATE L.L.C in Business Bay, comprising 581 registered units. 804 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,421 per sqft. At AED 1,421 per sqft, Merano Tower prices 42% below the Business Bay average of AED 2,432 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 331 – 2,405 sqft | 581 | 962K | 1,421 | ↓23.1% | 75K | 7.8% | |
| Residential | |||||||
Studio · Apartment 331 – 398 sqft | 83 | ||||||
1 Bed · Apartment 616 – 772 sqft | 398 | ||||||
2 Bed · Apartment 884 – 993 sqft | 84 | ||||||
3 Bed · Apartment 1,431 – 1,455 sqft | 11 | ||||||
| Commercial | |||||||
Shop 859 – 2,405 sqft | 5 | — | — | — | — | — | |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 27 Jul 2026 | 1 Bed | Floor 7 | 670 | 965,000 | 1,441 | -9.0% | Entry Level | Standard Sale |
| 9 Jul 2026 | 2 Bed | Floor 6 | 956 | 1,200,000 | 1,255 | -4.4% | Entry Level | Standard Sale |
| 3 Jul 2026 | 1 Bed | Floor 26 | 670 | 924,900 | 1,381 | -14.6% | Entry Level | Standard Sale |
| Start Date | Unit | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 18 Jun 2027 | 1 Bed | 668 | 70,000 | 105 | — | Standard | renewal |
| 8 Sep 2026 | 1 Bed | 753 | 76,000 | 101 | — | Standard | renewal |
| 3 Sep 2026 | 1 Bed | 644 | 60,000 | 93 | — | Entry Level | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Business Bay
The closest-priced registered projects in Business Bay.
- Mayfair TowerAED 1,423/sqft
- Vezul ResidenceAED 1,408/sqft
- Capital Bay AAED 1,405/sqft
- East Heights 4AED 1,404/sqft
- MajestineAED 1,403/sqft
- The AtriaAED 1,440/sqft
Common questions about Merano Tower
Answered from Dubai Land Department registered transactions.
How much does a property in Merano Tower cost?
Property in Merano Tower sells at a current PIX© price of AED 1,421 per sqft, or about AED 961,657 for a typical unit, based on 804 sales registered with the Dubai Land Department.
Is Merano Tower completed?
Yes. Merano Tower is recorded as completed in the Dubai Land Department project register (completed q1 2020).
Who is the developer of Merano Tower?
Merano Tower is developed by DAMAC WORLD REAL ESTATE L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Merano Tower?
Merano Tower yields 7.8% gross, calculated from current PIX© rent against current PIX© sale price, across 2,507 registered Ejari contracts.
How many units are in Merano Tower?
Merano Tower holds 581 registered units, per the Dubai Land Department unit register.
Have prices in Merano Tower gone up or down?
Price per sqft has fallen -23.1% over the last 12 months, to AED 1,421, across 804 registered sales.