MERANO TOWER

Name: MERANO TOWER project market intelligence
Creator: Dubai Best Research

FINISHED

By DAMAC · Business Bay

Median price/sqft

AED 1,596

3-yr CAGR

-1.8%

Transactions

824

Gross yield

7.0%

Launch → now (est.)

+31%

est. — modelled from compounded CAGR, pending launch-price data.

FINISHED

Project imagery — coming soon

PROJECT CONSISTS OF 4B+G+P+28+R RESIDENTIAL BUILDING LOCATED IN BUSINESS BAY. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR

-4.5%

3-yr CAGR

-1.8%

5-yr CAGR

+5.5%

Median price: AED 1,054,400
Price/sqft (last 12 months): AED 1,571
Secondary-market share: 49%
Resale-only (est.): +1.2%
Like-for-like 1BR (est.): -0.8%

Current gross yield by bedroom

Studio: 8.0%
1BR: 7.1%
2BR: 7.5%
3BR: 3.8%
4BR+: 2.5%

Studio	1BR	2BR	3BR	4BR+
8.0%	7.1%	7.5%	3.8%	2.5%

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit: Studio · 480 sqft
Price: AED 735,360
AED per sqft: AED 1,532

28 May 2026

Unit: 1BR · 760 sqft
Price: AED 1,212,960
AED per sqft: AED 1,596

17 Apr 2026

Unit: 1BR · 820 sqft
Price: AED 1,361,200
AED per sqft: AED 1,660

05 Mar 2026

Unit: 2BR · 1,180 sqft
Price: AED 1,845,520
AED per sqft: AED 1,564

Date	Unit	Price	AED per sqft
12 Jun 2026	Studio · 480 sqft	AED 735,360	AED 1,532
28 May 2026	1BR · 760 sqft	AED 1,212,960	AED 1,596
17 Apr 2026	1BR · 820 sqft	AED 1,361,200	AED 1,660
05 Mar 2026	2BR · 1,180 sqft	AED 1,845,520	AED 1,564

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Developer: DAMAC
Area: Business Bay
Status: FINISHED
Units: 581
Buildings: 1
Completion date: 27 Feb 2020
Completed: 100%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

1BR · 745 sqft
AED 1,212,860
Verified 02 Aug 2026
2BR · 1,145 sqft
AED 1,809,100
Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

We source off-market opportunities in this project.

Related intelligence

DAMAC profile→Business Bay area intelligence→Compare nearby projects→

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated