Developer: Damac Properties · Business Bay

Merano Tower

Merano Tower is a residential project by Damac Properties in Business Bay, Dubai, with prices from AED 570 000, construction 100% complete per the DLD registry, 581 units, 833 DLD-registered sales since 2015.

Price fromAED 570 000Developer supplied
Construction100% — completedDLD registry · checked 27 Feb 2020
Units581DLD registry
DLD sales833 since 2015DLD registry
Median sale priceAED 17 184/m²Our calculation
Mortgage~AED 2 410/moOur calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Layouts and sizes

TypeUnitsTypical size, sq.ft
Studio83331–398
1 Bedroom398616–771
2 Bedroom84891–993
3 Bedroom111 443–1 455
Retail5864–2 160

Size range excludes the smallest and largest 5% of units of each type.

All units are freehold. Data from the DLD registry.

Payment plan 100% Cash

The purchase price is split into these stages.

1100%Down payment

The exact schedule is confirmed in the sale agreement for the selected unit.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 570 000 AED is 2 407 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

100%
  • StatusReady
  • Construction started2015-10-01
  • HandoverReady To Move in
  • Status date27.02.2020
  • Escrow bankADCB
  • DLD project number1680

Data from the Dubai Land Department project registry (updated 04.10.2026 09:55).

Construction progress 91
27 February 2020 100.00%
Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 1 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 2 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 3 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 4 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 5 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 6 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 7 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 8 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 9 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 10 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 11 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 12 of 13Merano Tower, Business Bay construction progress — 27 February 2020, 100.00% complete, photo 13 of 13

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
01.10.20261 BR62.11 040 000
01.10.20261 BR62.1832 000
28.09.20261 BR62.11 000 000
28.09.20261 BR62.21 000 000
21.09.20261 BR62.1990 000
09.09.20261 BR62.1840 000
09.09.20261 BR62.11 100 000
26.08.20261 BR70.0880 000
26.08.20261 BR70.01 100 000
17.08.20262 BR90.0976 000
17.08.20262 BR90.01 220 000
27.07.20261 BR62.2772 000
27.07.20261 BR62.2965 000
20.07.20261 BR62.1389 970
09.07.20262 BR88.81 200 000
03.07.20261 BR62.2924 900
01.07.20261 BR70.01 200 229
18.05.20261 BR61.7730 000
11.05.20262 BR82.81 125 000
05.05.20261 BR71.71 252 698
Rentals — 20
DateTypeSize, m²Rent, AED/yr
03.10.20261bed room+Hall62.275 000
02.10.20261bed room+Hall62.270 000
01.10.20261bed room+Hall57.375 000
01.10.20261bed room+Hall62.240 000
01.10.20261bed room+Hall62.275 000
01.10.20262 bed rooms+hall82.897 150
01.10.20263 bed rooms+hall135.2125 000
01.10.2026Studio35.450 000
01.10.20261bed room+Hall62.260 000
01.10.20261bed room+Hall62.260 000
01.10.20261bed room+Hall59.962 000
30.09.20261bed room+Hall61.772 000
30.09.20261bed room+Hall62.265 000
30.09.20261bed room+Hall59.965 000
30.09.20261bed room+Hall59.870 000
29.09.20261bed room+Hall62.270 000
29.09.20261bed room+Hall58.470 000
29.09.20261bed room+Hall58.475 000
29.09.20262 bed rooms+hall88.8100 000
29.09.20261bed room+Hall62.075 000

Dubai Land Department transaction registry, updated 2026-10-03. Explore Dubai property transactions →

Registered transactions in Merano Tower

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

833deals since 2015
17 184AED per m², median
50%resale, the rest bought from the developer
-3%over the past year
7.4%gross rental yield

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +3% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio31593 00019 129123
1 bedroom621 052 00016 968565
2 bedrooms891 430 00016 067129
3 bedrooms1342 309 00017 23115

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2022 to 2025 — +9% on the price per square metre in this building. The district moved +36% over the same period, so the building lagged the market.

17 1842016——
17 2482017——
17 4702018——
17 6412019——
16 12920207504.7%
13 42420218046.0%
15 70020229686.2%
16 21820231 1417.0%
17 79020241 2507.0%
17 08320251 2907.6%
16 1542026*1 2057.5%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in Merano Tower worth?

DLD has recorded 833 sales in this building since 2015, 417 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

By submitting the form you agree to the processing of your contact details.

Amenities

  • Swimming pool
  • State-of-the-art gymnasium
  • Steam rooms
  • Sauna
  • Parking space
  • Lobby with reception desk
  • Round-the-clock security
  • Manicured landscaping

Places nearby

Merano Tower

About the project

Merano Tower is a finished residential tower by Damac Properties in Business Bay, Dubai. The 29-storey development contains 581 units, with studios and one-, two- and three-bedroom apartments. It is ready to move in, with construction recorded as 100% complete.

The project

Merano Tower is a 29-storey residential building in Business Bay. The project consists of one building with 581 units and includes four basement levels, a ground floor, podium level, 28 upper floors and a roof level. Its apartment building structure is concrete and blockwork with internal and external finishes. The tower is described with large glass surfaces, while apartments have views towards the waterways and the city. The project was started on 1 October 2015 and completed on 27 February 2020. Merano Tower is a finished development and is ready to move in.

Apartments at Merano Tower

The residence offers studios alongside one-, two- and three-bedroom apartments. This provides a selection of layouts from compact studio homes to larger three-bedroom residences within the same tower. The apartments are designed with arranged interior spaces, and the development highlights views of the waterways and city. Merano Tower has 581 units in total. Individual unit size ranges, floor plans and unit-specific prices are not presented here; buyers can therefore focus their comparison on the available apartment type, outlook and the particular residence under consideration.

Facilities and shared spaces

Merano Tower includes a swimming pool, including a temperature-controlled pool, and a state-of-the-art gymnasium. Residents also have access to steam rooms and a sauna. The building provides a lobby with a reception desk, round-the-clock security and parking space. Manicured landscaping forms part of the development. Additional facilities identified for the residence include gardens, valet parking and a leisure pool. These features combine fitness, leisure, arrival and security facilities within the building.

Business Bay setting and nearby places

Merano Tower is located in Business Bay, Dubai. Action Park Business Bay is 0.7 km away, while Bay Avenue Mall & Park is 0.9 km away and Bay Avenue Park is 1.0 km away. Safa Park is 1.5 km from the tower. The Fountains at Dubai Mall are 1.9 km away, with Roxy Cinema at Boxpark at 2.0 km, Reel Cinemas at Dubai Mall at 2.3 km and Cinema City at Address Dubai Mall at 2.4 km. The Track Meydan Golf is 5.8 km away. Four ground-floor outlets are located within the building: Fulll Cart Minimart, Ceylonica Gents Spa Club, Beauteeze and The Lab UAE.

Price, payment and completion

Prices for Merano Tower start from AED 570,000. The stated payment structure is 100% cash, with the full payment due on the booking date. Merano Tower is ready to move in. Its recorded completion ratio is 100.00%, and the completion date is 27 February 2020. As a completed building, the project is suited to buyers assessing a residence that has already reached finished status rather than a home under construction.

Damac Properties

Merano Tower was developed by Damac Properties. Damac Properties has delivered residential, commercial and leisure properties across the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Oman and the United Kingdom. Its portfolio includes homes, hotel rooms, serviced hotel apartments and hotel villas. Merano Tower is one of the developer’s completed residential projects in Business Bay, comprising 581 apartments across its 29-storey tower.

Frequent questions

Who is the developer of Merano Tower?
Merano Tower was developed by Damac Properties.
Where is Merano Tower located?
Merano Tower is located in Business Bay, Dubai.
What apartment types are available at Merano Tower?
The tower offers studios and one-, two- and three-bedroom apartments.
What is the starting price at Merano Tower?
Prices start from AED 570,000.
What is the payment plan for Merano Tower?
The stated plan is 100% cash payment on the booking date.
Is Merano Tower completed?
Yes. Merano Tower is finished, ready to move in and recorded at 100.00% completion.
When was Merano Tower completed?
The recorded completion date is 27 February 2020.
How many units are in Merano Tower?
Merano Tower contains 581 units.
What amenities does Merano Tower have?
Facilities include a swimming pool, gymnasium, steam rooms, sauna, reception lobby, security, parking and landscaped areas.
What is near Merano Tower?
Action Park Business Bay is 0.7 km away, Bay Avenue Mall & Park is 0.9 km away, and the Fountains at Dubai Mall are 1.9 km away.
How can I buy an apartment in Merano Tower?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Merano Tower — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-03, https://continentalclub.ae/project/merano-tower-business-bay/