Project
Merano Tower
Merano Tower is a 30-storey residential building in Business Bay, Dubai. A completed project of apartments in Business Bay, priced below the Business Bay median.
Small sample (23 sales): medians may move significantly with new data.
01 / Transactions
All Merano Tower transactions
02 / About
About Merano Tower
Merano Tower is a 30-storey residential building in Business Bay, Dubai.
Merano Tower at a glance
- Area
- Business Bay
- Developer
- Damac Properties through its subsidiary Damac World Real Estate
- Units
- The development contains a total of 434 units
- Unit layouts
- Merano Tower comprises a mix of studios, one- , two- , and three-bedroom apartments
- Structure
- The substructure contains four basement levels which are used for parking
- History
- The project occupies a plot of land that was initially intended for a different development, Sami Q Tower, which has since been cancelled
Homes, design and facilities
All apartments have high quality finishes and premium fittings with the developer promising that 'every little corner of your home is planned to perfection and every little luxury is detailed beyond compare.'
Amenities include a swimming pool, a state-of-the-art gymnasium and round-the-clock security. There is also said to be ample parking space and manicured landscaping.
- swimming pool
- a state-of-the-art gymnasium and round-the-clock security. There is also said to be ample parking space and manicured landscaping
Getting around
- Dubai Mall
- 9 min
- Palm Jumeirah
- 19 min
- Burj Al Arab
- 18 min
- The Walk JBR
- 23 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Construction and handover
Construction began in October 2015. The estimated handover date was June 2019. The project was completed in Nov 2019.
- Construction Started
- October 2015
- Estimated Completion
- June 2019
- Construction Finished
- November 2019
Nearby neighbourhoods
- Downtown Dubai1.9 km
- City Walk2.2 km
- District One2.7 km
- Dubai International Financial Centre3.7 km
Merano Tower recorded 23 market sales from 6 Jan 2026 – 1 Oct 2026, at a median price of AED 1,100,000 (AED 1,501/sqft). Merano Tower's median price per sqft (AED 1,501/sqft) is 39% below the Business Bay median (AED 2,458/sqft).
03 / Prices
Merano Tower prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
1 bedroom | 16 | 1.08M AED | 1,529 | |
2 bedrooms | 7 | 1.22M AED | 1,347 |
04 / Rents
Renting in Merano Tower
Medians of the 13 market rents (one property, about a year) among 14 registered contracts. Gross yield: apartment rent per sqft against the sale price per sqft.
- Median rent / yr
- AED 65,000
- Per sqft / yr
- AED 105/sqft
- Gross yield
- 7.0%
Market pulse / weekly
Merano Tower price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 5 Jan 2026Total AED 2,330,000 | 2 | AED 1,165,000 | AED 1,424/sqft |
| Week of 12 Jan 2026Total AED 1,100,000 | 1 | AED 1,100,000 | AED 1,646/sqft |
| Week of 19 Jan 2026Total AED 1,200,000 | 1 | AED 1,200,000 | AED 1,863/sqft |
| Week of 2 Feb 2026Total AED 1,170,000 | 1 | AED 1,170,000 | AED 1,763/sqft |
| Week of 9 Feb 2026Total AED 2,500,000 | 2 | AED 1,250,000 | AED 1,608/sqft |
| Week of 23 Feb 2026Total AED 1,430,000 | 1 | AED 1,430,000 | AED 1,605/sqft |
| Week of 9 Mar 2026Total AED 1,150,000 | 1 | AED 1,150,000 | AED 1,785/sqft |
| Week of 16 Mar 2026Total AED 1,400,000 | 1 | AED 1,400,000 | AED 1,571/sqft |
| Week of 30 Mar 2026Total AED 945,000 | 1 | AED 945,000 | AED 1,467/sqft |
| Week of 6 Apr 2026Total AED 1,050,000 | 1 | AED 1,050,000 | AED 1,630/sqft |
| Week of 11 May 2026Total AED 1,125,000 | 1 | AED 1,125,000 | AED 1,262/sqft |
| Week of 29 Jun 2026Total AED 924,900 | 1 | AED 924,900 | AED 1,381/sqft |
| Week of 6 Jul 2026Total AED 1,200,000 | 1 | AED 1,200,000 | AED 1,255/sqft |
| Week of 27 Jul 2026Total AED 965,000 | 1 | AED 965,000 | AED 1,441/sqft |
| Week of 17 Aug 2026Total AED 1,220,000 | 1 | AED 1,220,000 | AED 1,259/sqft |
| Week of 24 Aug 2026Total AED 1,100,000 | 1 | AED 1,100,000 | AED 1,461/sqft |
| Week of 7 Sept 2026Total AED 1,100,000 | 1 | AED 1,100,000 | AED 1,646/sqft |
| Week of 14 Sept 2026Total AED 990,000 | 1 | AED 990,000 | AED 1,482/sqft |
| Week of 28 Sept 2026Total AED 3,040,000 | 3 | AED 1,000,000 | AED 1,497/sqft |
05 / Nearby
Other projects in Business Bay
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 238 | 3.21M AED | 4,699 | ||
| 221 | 2.19M AED | 2,569 | ||
| 183 | 2.03M AED | 2,513 | ||
| 161 | 2.7M AED | 2,773 | ||
| 155 | 3.44M AED | 2,636 | ||
| 155 | 3.22M AED | 3,491 | ||
| 148 | 22.98M AED | 6,130 | ||
| 140 | 1.74M AED | 2,683 | ||
| 116 | 2.68M AED | 2,618 | ||
| 105 | 1.53M AED | 1,434 |
06 / Talk to us
Interested in Merano Tower?
Answer a few short questions and we will get back to you.
A registered project can include several buildings or phases, so these figures cover the whole project.