Merano Tower

Completed|581 units · 1 tower

Merano Tower is a completed development by DAMAC in Business Bay, comprising 581 registered units. 825 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,496 per sqft. At AED 1,496 per sqft, Merano Tower prices 13% below the Business Bay median of AED 1,725 per sqft on registered sales.

PIX© price · ↓14.7% YoY

1.04MAED

Typical

1,496AED

PSF

Gross yield

7.1%

PIX© rent ÷ PIX© price

Sale records

825

DLD · all time

Rent contracts

2,563

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai10 min · 3.1 km

DXB Airport15 min · 14.5 km

DIFC11 min · 5.0 km

Dubai Marina23 min · 20.5 km

Palm Jumeirah24 min · 22.8 km

Nearest · straight-line

Metro stationBusiness Bay0.7 km

MallBrand Range Trading L.L.C0.1 km

SchoolFirst Class Learning Dubai - English, Maths and Science0.1 km

Hospitalعيادة طيران الامارات0.2 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 21

…

Studio on Floor 21, Merano Tower

Size
Record: Oct 2017 to Mar 2026
Owners: 4
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
4Tenant 4	30 Mar 2026		Renewal Owner 4
4Tenant 4	30 Mar 2025	12 mo	Owner 4
3Tenant 3	10 Aug 2024	5 mo	Renewal Owner 4
3Tenant 3	10 Aug 2023	12 mo	Owner 4
4Owner 4	27 Jul 2023	3.1 yrs	Current owner
3Owner 3	6 Jun 2023	2 mo
2Tenant 2	7 Mar 2022	14 mo	Owner 2
2Owner 2	27 Jan 2021	2.4 yrs	Sold with tenant in place
1Tenant 1	1 Oct 2020	12 mo	Owner 1
1Owner 1	12 Oct 2017	3.3 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 21 · Merano Tower

Nightly rateAED

Occupancy (237 nights)

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Merano Tower1,496AED/sqft · project-wide

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	1.04M	1,496	↓14.7%		74K	7.1%
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	-	-	-	-		-

Sales - Project-Wide825 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
9 Sep 2026	1 Bed	Merano Tower · Floor 17	668	1,100,000	1,646	+4.8%	Standard	Standard Sale
26 Aug 2026	1 Bed	Merano Tower · Floor 26	753	1,100,000	1,461	+7.3%	Entry Level	Standard Sale
17 Aug 2026	2 Bed	Merano Tower · Floor 2	969	1,220,000	1,259	-	Entry Level	Standard Sale

Rentals - Project-Wide2,563 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
18 Jun 2027	1 Bed	Merano Tower · Floor 26	668	69,809	105	-	Standard	CERTIFICATE
1 Oct 2026	1 Bed	Merano Tower · Floor 8	616	74,389	121	-	Standard	CONTRACT
29 Sep 2026	1 Bed	Merano Tower · Floor 2	629	75,000	119	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Merano Tower

Compared with

Bay Square Building 9

PIX© PSF

1,658

Rank

#27 of 48

#26 of 48

Typical price

1.08M

Yield

6.9%

Units

581

179

Sales

199

224

Rents

1,693

420

Developer

DAMAC

EMAAR

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Nobles Tower TIGER PROPERTIES · Completed	584					47	464
	J ONE Tower A RKM DURAR PROPERTIES L.L.C · Completed	271					90	222
	Aykon City Tower C DAMAC · Completed	993					214	1,165
	Damac Maison Prive A DAMAC · Completed	517					222	1,177
	Bay Square Building 9 EMAAR · Completed	179					224	420
27	Merano Tower DAMAC · Completed	581	1,658	Subject	1.08M	6.9%	199	1,693
	Hamilton Tower DEYAAR DEVELOPMENT (P.J.S.C) · Completed	197					90	382
	Bayz by Danube DANUBE PROPERTIES DEVELOPMENT L.L.C · Completed	463					183	1,109
	Bay's Edge DAMAC · Completed	261					76	661
	Damac Maison Cour Jardin DAMAC · Completed	368					141	921
	Executive Bay A DAMAC · Completed	176					80	432

Community median 1,725 AED/sqft. Showing the closest-ranked peers of 48 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 12 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Millennium Binghatti ResidencesAED 1,492/sqft
Churchill TowersAED 1,503/sqft
Churchill Residency TowerAED 1,503/sqft
Elite Business Bay ResidenceAED 1,489/sqft
Executive Bay AAED 1,508/sqft
Damac Maison Cour JardinAED 1,533/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 1,496 per sqft, or about AED 1,038,342 for a typical unit, based on 825 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.

Who is the developer of Merano Tower?

Merano Tower is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Merano Tower?

Merano Tower yields 7.1% gross, calculated from current PIX© rent against current PIX© sale price, across 2,563 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 -14.7% over the last 12 months, to AED 1,496, across 825 registered sales.