Market bulletin · Thu, 22 Oct 2026
Merano Tower: 1 sales worth AED 1.04M in 30 days
Merano Tower recorded 1 sale worth AED 1.04M in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Business Bay, Merano Tower ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.
Leases registered in the last three months had a median annual rent of AED 70K. The best gross yield is on 2 BR apartments at about 8.1%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 1,552 |
| Oct 25 | AED 1,556 |
| Sept 25 | AED 1,615 |
| Aug 25 | — |
| Jul 25 | AED 1,438 |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | AED 1,612 |
| Feb 25 | AED 1,522 |
| Jan 25 | AED 1,683 |
| Dec 24 | AED 1,600 |
| Nov 24 | AED 1,517 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 3 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 3 |
| Jan 26 | 0 | 0 | 4 |
| Dec 25 | 0 | 0 | 4 |
| Nov 25 | 0 | 0 | 6 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | unchanged 0.0% | AED 1.04M | — | — |
| Last 3 months | 4 | up 33.3% | AED 4.33M | — | — |
| Last 6 months | 7 | down 66.7% | AED 7.57M | 1,381 | down 13.0% |
| Last 12 months | 28 | down 64.6% | AED 32.1M | 1,563 | down 1.4% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 28 | 100% | AED 1.11M | 1,563 | down 1.4% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 19 | 68% | AED 1.10M | 1,587 | up 1.2% |
| 2 bedrooms | 9 | 32% | AED 1.30M | 1,366 | down 6.5% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 28 | 100% | AED 1.11M | 1,563 | down 0.9% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 70K |
| Sept 26 | AED 70K |
| Aug 26 | AED 69K |
| Jul 26 | AED 69K |
| Jun 26 | AED 75K |
| May 26 | AED 76K |
| Apr 26 | AED 78K |
| Mar 26 | AED 80K |
| Feb 26 | AED 81K |
| Jan 26 | AED 80K |
| Dec 25 | AED 77K |
| Nov 25 | AED 80K |
| Oct 25 | AED 80K |
| Sept 25 | AED 75K |
| Aug 25 | AED 75K |
| Jul 25 | AED 75K |
| Jun 25 | AED 75K |
| May 25 | AED 75K |
| Apr 25 | AED 82K |
| Mar 25 | AED 75K |
| Feb 25 | AED 75K |
| Jan 25 | AED 78K |
| Dec 24 | AED 79K |
| Nov 24 | AED 73K |
- Leases (12M)
- 506
- New leases
- 62.3%
- Median rent 3M
- AED 70K
- Rent/sqft 3M
- AED 107
| 1 BR apartments | AED 75K / AED 1.10M | 6.8% |
|---|---|---|
| 2 BR apartments | AED 105K / AED 1.30M | 8.1% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 67 | AED 60K | AED 60K | 171 |
| 1 BR | 306 | AED 75K | AED 75K | 114 |
| 2 BR | 27 | AED 105K | AED 100K | 110 |
| 3 BR | 15 | AED 142K | AED 145K | 98 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.22M | 2 BR Apartment · 969 sqftMerano Tower · Business Bay | 17 Aug |
| AED 1.10M | 1 BR Apartment · 753 sqftMerano Tower · Business Bay | 26 Aug |
| AED 1.04M | 1 BR Apartment · 668 sqftMerano Tower · Business Bay | 1 Oct |
| AED 965K | 1 BR Apartment · 670 sqftMerano Tower · Business Bay | 27 Jul |
Questions about Merano Tower
How many properties were sold in Merano Tower in the last year?
28 sales worth AED 32.1M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Merano Tower?
The median annual rent on leases registered in the last three months was AED 70K, and the best gross rental yield is about 8.1%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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