Merano Tower

Completed|581 units · 1 tower

Merano Tower is a completed development by DAMAC in Business Bay, comprising 581 registered units. 830 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,505 per sqft. At AED 1,505 per sqft, Merano Tower prices 17% below the Business Bay median of AED 1,809 per sqft on registered sales.

PIX© price · ↓4.9% YoY

1.04MAED

Typical

1,505AED

PSF

Gross yield

7.0%

PIX© rent ÷ PIX© price

Sale records

830

DLD · all time

Rent contracts

2,641

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai10 min · 3.1 km

DXB Airport14 min · 14.5 km

DIFC11 min · 5.0 km

Dubai Marina22 min · 20.5 km

Palm Jumeirah23 min · 22.8 km

Nearby · straight-line

Metro stationBusiness Bay0.7 km

MallBay Avenue Mall0.8 km

SchoolJSS Private School1 km

HospitalMedcare Orthopaedics & Spine Hospital1.5 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 16

…

2 Bed on Floor 16, Merano Tower

Size
Record: Nov 2016 to Oct 2026
Owners: 4
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
4Owner 4	15 Oct 2026	18 d	Current owner Sold with tenant in place
6Tenant 6	20 Apr 2026		Owner 3
5Tenant 5	19 Apr 2026	1 d	Ended early Owner 3
4Tenant 4	14 Sep 2025	7 mo	Ended early Owner 3
3Owner 3	29 Aug 2025	14 mo	Sold with tenant in place
3Tenant 3	10 Sep 2023	2.0 yrs	Renewal Owner 2
3Tenant 3	10 Sep 2022	12 mo	Owner 2
2Tenant 2	27 Jul 2021	13 mo	Owner 2
2Owner 2	13 Jul 2021	4.1 yrs	Sold with tenant in place Mortgage
1Tenant 1	17 Jan 2021	6 mo	Ended early Owner 1
1Owner 1	9 Nov 2016	4.7 yrs

PIX© Airbnb Calculator

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

2 Bed · Floor 16 · Merano Tower

Nightly rateAED

Occupancy (237 nights)

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Merano Tower1,505AED/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	1,505	↓4.9%		73K	7.0%
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-Wide830 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
15 Oct 2026	2 Bed	Merano Tower · Floor 16	993	1,450,000	1,460	+11.5%	Standard	Standard Sale
1 Oct 2026	1 Bed	Merano Tower · Floor 22	668	1,040,000	1,557	-9.6%	Standard	Standard Sale
28 Sep 2026	1 Bed	Merano Tower · Floor 26	670	1,000,000	1,493	+8.1%	Standard	Standard Sale

Rentals - Project-Wide2,641 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
29 Sep 2027	1 Bed	Merano Tower · Floor 2	629	69,809	111	-	Standard	CERTIFICATE
29 Sep 2027	1 Bed	Merano Tower · Floor 2	629	69,809	111	-	Standard	CERTIFICATE
18 Jun 2027	1 Bed	Merano Tower · Floor 26	668	69,809	105	-	Standard	CERTIFICATE

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Merano Tower

Compared with

Hamilton Tower

PIX© PSF

1,624

Rank

#28 of 48

#27 of 48

Typical price

1.09M

Yield

6.8%

Units

581

197

Sales

198

Rents

1,709

380

Developer

DAMAC

DEYAAR DEVELOPMENT (P.J.S.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Nobles Tower TIGER PROPERTIES · Completed	584					50	521
	Aykon City Tower C DAMAC · Completed	993					224	1,278
	J ONE Tower A RKM DURAR PROPERTIES L.L.C · Completed	271					80	229
	Damac Maison Prive A DAMAC · Completed	517					220	1,220
	Hamilton Tower DEYAAR DEVELOPMENT (P.J.S.C) · Completed	197					88	380
28	Merano Tower DAMAC · Completed	581	1,624	Subject	1.09M	6.8%	198	1,709
	Bay's Edge DAMAC · Completed	261					73	666
	Damac Maison Cour Jardin DAMAC · Completed	368					135	923
	Churchill Towers EMIRATES NATIONAL INVESTMENT CO (L.L.C) · Completed	1,282					407	3,299
	Churchill Residency Tower EMIRATES NATIONAL INVESTMENT CO (L.L.C) · Completed	492					160	1,005
	Millennium Binghatti Residences BINGHATTI DEVELOPERS FZE · Completed	246					91	439

Community median 1,809 AED/sqft. Showing the closest-ranked peers of 48 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 56 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.

Churchill TowersAED 1,508/sqft
Churchill Residency TowerAED 1,508/sqft
Millennium Binghatti ResidencesAED 1,502/sqft
Damac Maison Cour JardinAED 1,533/sqft
Bay's EdgeAED 1,545/sqft
Waters EdgeAED 1,426/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 1,505 per sqft, or about AED 1,041,956 for a typical unit, based on 830 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 7.0% gross, calculated from current PIX© rent against current PIX© sale price, across 2,641 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 -4.9% over the last 12 months, to AED 1,505, across 830 registered sales.