Palm Jumeirah AED 3,546/sqftDubai Maritime City AED 3,129/sqftDowntown Dubai AED 2,865/sqftDubai Islands AED 2,752/sqftDubai Creek Harbour AED 2,558/sqftBusiness Bay AED 2,490/sqftDubai Hills Estate AED 2,464/sqftDubai Marina AED 2,457/sqftJumeirah Lakes Towers AED 2,322/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,656/sqftDubai South AED 1,653/sqftArjan AED 1,585/sqftJumeirah Village Circle AED 1,487/sqftDubai Sports City AED 1,324/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,546/sqftDubai Maritime City AED 3,129/sqftDowntown Dubai AED 2,865/sqftDubai Islands AED 2,752/sqftDubai Creek Harbour AED 2,558/sqftBusiness Bay AED 2,490/sqftDubai Hills Estate AED 2,464/sqftDubai Marina AED 2,457/sqftJumeirah Lakes Towers AED 2,322/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,656/sqftDubai South AED 1,653/sqftArjan AED 1,585/sqftJumeirah Village Circle AED 1,487/sqftDubai Sports City AED 1,324/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO NOV 2026
Exterior facade of Merano Tower — Business Bay, render — Mitchell's Commercial Real EstateCOMPLETED

DAMAC World Real Estate L.L.C

Merano Tower

Business Bay · Dubai

Merano Tower by DAMAC, Business Bay: a completed 29-storey building of 581 units on the DLD register. DAMAC's brochure lists furnished studios to three-bedrooms.

Unit typesApartments
Registered resales, median per unit, DLD, 13 May 2025 to 5 November 2026AED 1,100,000Median of 50 sales registered with the Dubai Land Department between 13 May 2025 and 5 November 2026, at a median 669 sq ft. Offices and shops excluded, duplicates removed — a dated extract, not a live query.
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The money figures are the Dubai Land Department transaction register as at 5 November 2026 — arm's-length sales only, offices and shops excluded, duplicates removed. A dated extract, not a live query.

At a glance

Project summary

4 lines
Developer
DAMAC World Real Estate L.L.C
Community
Business Bay, Dubai
Status
Completed
Unit mix
Apartments

Project resources

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Market evidence

Registered sales

DLD registerAs at 5 Nov 2026

Independent, registered evidence — not asking prices. Every figure below is drawn from arm’s-length sales at Merano Tower recorded by the Dubai Land Department, taken from a single extract pulled on 13 Nov 2026 and covering sales registered up to 29 Oct 2026: 833 in all, the earliest dated 9 May 2016.

Median AED/sqft, last 6 months
AED 1,461
Apartments and villas, 12 sales to 29 Oct 2026
Registered sales, all time
833
9 May 2016 to 15 Oct 2026
PSF range
1,255 – 2,394
Low to high, AED/sqft, apartments since May 2025
Median sale price
AED 1.10M
Apartments since May 2025
Median AED/sqft by month, apartments since May 2025
18 months · sale counts omitted at this scale
2,5001,000AED/sqft1,771May 25Aug 25Nov 25Feb 26May 26Sep 261,571Nov 26
By bedroom count
BedsSalesMedian sizeMedian PSFMedian price
Studio4366 sqft2,135AED 770k
1 BR30668 sqft1,576AED 1.09M
2 BR16954 sqft1,506AED 1.40M

A row in a lighter tone rests on fewer than 5 registered sales: read it as those sales, not as the rate for that bedroom count.

Resale secondary market
1,570 AED/sqft
Median of 50 registered sales
100% of these sales
Most recent registered sales
12 most recent of 50 apartment and villa sales since May 2025, to 5 Nov 2026
DateBedsSize (sqft)Price (AED)AED/sqft
5 Nov 2026Studio398625,0001,571
15 Oct 20262 BR9931,450,0001,460
1 Oct 20261 BR6681,040,0001,557
28 Sep 20261 BR6681,000,0001,497
28 Sep 20261 BR6701,000,0001,493
18 Sep 20261 BR668990,0001,482
9 Sep 20261 BR6681,100,0001,646
26 Aug 20261 BR7531,100,0001,461
17 Aug 20262 BR9691,220,0001,260
27 Jul 20261 BR670965,0001,441
9 Jul 20262 BR9561,200,0001,255
3 Jul 20261 BR670924,9001,381

Individual arm’s-length sales as registered with the Dubai Land Department. Sizes are as recorded on the title deed; price is the registered consideration, which excludes transfer costs and any agency or developer charges.

Registered DLD transactions for this project. Where the project appears in the DLD transaction feed, the headline comes from that feed. Its registered-sales count covers the project's whole history, with two exclusions. Where the project has also sold units or villas, sales of the land plot and of the whole building are left out. Office, shop, showroom, workshop and store sales are left out too, unless they make up more than half of the sales that remain; the project is then treated as commercial and they are counted. The headline median is the feed's last six months of apartment and villa sales only. Every other figure in this band (range, quarterly and monthly series, bedroom table, recent sales), and the headline itself where the project is not in the feed, comes from a separate extract of arm's-length 'Sales' of apartments only (flats, serviced apartments and stacked townhouses) since the first sale in that extract. The extract leaves out intra-family 'Gifts' transfers, zero-price rows, land, whole-building and villa sales, hotel rooms, and offices, shops, showrooms and other non-residential units; offices and shops price far above the apartments above them and would otherwise set the top of the price-per-square-foot range. Where the register holds the same sale twice, the duplicate is removed before anything is counted. A project is published at any count, down to a single sale; below 30 qualifying sales it is marked as a small sample, and no percentage or purchase-price seed is derived from it. Period and bedroom figures are medians of AED per square foot, which are robust to the outliers that skew a mean on a thin sample. A bedroom row or quarter resting on a handful of registered sales is shown with its sale count and marked as a small sample, because a median over one or two sales describes those sales and not the market. Benchmarks are medians of apartment sales over the trailing 12 months for the same area and registration type. This is a dated extract, not a live query: it changes only when the extract is regenerated with `npm run data:dld`. Dates are the Dubai Land Department's own registration dates. Where a sale reaches us twice — once in DLD's bulk export and once in its daily feed — we keep the bulk record, and DLD registers on working days, so a sale agreed at a weekend carries the following working day. Source: Dubai Land Department (DLD) transaction register, via Mitchell's DLD pipeline. Data as at 5 Nov 2026; extract generated 13 Nov 2026. Past registered prices are evidence of what has been paid, not a forecast of future value.

The brief

About this project

Merano Tower by DAMAC in Business Bay

Merano Tower is a completed residential building in Business Bay, Dubai, developed by DAMAC. The Dubai Land Department register holds it as project number 1680, with 581 units, and records it as finished. DAMAC's own material presents it as a 29-storey tower of furnished apartments, from studios up to three bedrooms, on the water in Business Bay.

For an investor or a landlord, the building is a resale and letting question. The register settles what the building is and when it was recorded as complete. DAMAC's brochure and floor plans set out the apartment types, the layouts and the facilities the developer presented. This page brings those three sources together and keeps each fact with the document it comes from, so you can check any line against its source.

DLD project number
1680
Community
Business Bay
Units
581 per the register
Type
Apartments
Completion
Recorded by the DLD project register as 27 February 2020
Escrow agent
Abu Dhabi Commercial Bank, per the DLD register
Escrow account
10346530159001, per the DLD register

Figures are from the Dubai Land Department register, snapshot of 10 November 2026.

Register status

In the Dubai Land Department register, Merano Tower carries the status finished. The register gives its percentage complete as 100 as at 27 February 2020, and records the completion date as the same day. The start date on the register is 1 October 2015. Read together, the register shows a project that ran from late 2015 to early 2020.

The register names Damac World Real Estate L.L.C as the developer, the company the project is registered under. On its brochure and plans the project carries the DAMAC brand. The register also names Abu Dhabi Commercial Bank as the project's escrow agent.

The 581 units are the register's count for project 1680. DAMAC's documents give no unit total of their own, so the register is the source for that figure throughout this page.

The building and units

DAMAC's brochure describes Merano Tower as a 29-storey building. It places the tower next to a twin-tower hotel complex, with the waterway in front and views over the city on the remaining sides. The cover of the brochure presents the apartments as furnished and on the waterfront, and an inside page repeats that they are furnished.

The apartment mix, as the brochure prints it, is studios together with one-, two- and three-bedroom apartments. The floor plans carry a unit plan for each of those four types: one studio, one one-bedroom, one two-bedroom and one three-bedroom layout. The brochure repeats the same four layouts in its unit plans section.

The floor plans also carry typical floor plates for the residential levels, in three groups. One sheet covers level 2. A second covers levels 8, 10, 15, 16, 18, 20, 23, 24, 25 and 27. A third covers levels 3 to 7, 9, 11 to 14, 17, 19, 21, 22, 26, 28 and 29. Those typical floors run up to level 29, which agrees with the brochure's 29 storeys. The typical floor sheets label the rooms but print no areas, so the plans show how each floor is arranged without giving apartment sizes.

Every unit plan and floor sheet carries DAMAC's standard note that pictures, plans and layouts are indicative and may change up to the final as-built status. In a building the register records as complete, the as-built apartment and its title deed are what settle the detail of any one unit.

Facilities

DAMAC's brochure lists the building's facilities on a single page. The list reads: swimming pool, a gym, parking, a lobby with reception, security around the clock, and landscaped grounds. Later pages expand on several of these.

On the lobby, the brochure describes a styled entrance hall with a reception desk. On fitness, it describes a gym fitted with modern equipment, along with steam rooms and a sauna. For the pool, it describes a landscaped pool area with a temperature-controlled swimming pool.

Another page of the brochure turns to the interiors and invites buyers to add their own personal touches to the furnished apartments. The brochure's description of the apartments as furnished is the developer's own; what furniture is in a particular unit today is a question for that unit's sale.

The brochure was written as sales material, and parts of it speak about the building as a place to move into. Its facilities are reported here as the brochure lists them. The current state of each facility, and the terms on which residents use it, sit with the building's management.

In depth

In depth

Detail, in the order it was written

Location

The brochure gives Business Bay a page of its own and a map of the area. The map labels the Dubai Canal, Sheikh Zayed Road, Business Bay Metro Station and the Burj Khalifa / The Dubai Mall Metro Station. It also marks City Walk and Safa Park, along with several other DAMAC buildings in the community, among them DAMAC Towers, Majestine and DAMAC Maison.

Our Business Bay investment guide covers the community in detail for investors and landlords, and the Business Bay project index lists the other briefs we have written there.

Travel times

DAMAC's brochure gives travel times from Merano Tower to ten places. These are DAMAC's stated figures, printed on its location map, and are published here as DAMAC gives them.

Destination Time stated by DAMAC
Dubai World Trade Centre 8 minutes
The Dubai Mall / Burj Khalifa 9 minutes
Jumeirah Beach 9 minutes
Mall of the Emirates 10 minutes
An international school 10 minutes
Dubai International Airport 13 minutes
Burj Al Arab 14 minutes
Palm Jumeirah 16 minutes
Dubai Yacht Harbour 16 minutes
The supermarket 20 minutes

Times as printed on DAMAC's brochure location map.

For a landlord, the times to Dubai World Trade Centre, The Dubai Mall and the airport are the ones a tenant working in the city centre is likely to weigh first. Journey times change with the hour, so test the routes that matter to your tenants at the times they would travel.

Documents

Three DAMAC documents are available as downloads on this page.

  • Brochure: 18 pages. It covers DAMAC as a company, Business Bay and its map, the tower, the lobby, the gym, the pool, the interiors and the unit plans for the studio and the one-, two- and three-bedroom apartments.
  • Floor plans: 14 pages. Unit plans for the four apartment types, then typical floor plans for the residential levels.
  • Payment plan: a single-page DAMAC payment plan document.

The brochure and the floor plans both close with DAMAC's office details and the developer's notes and disclaimers. All three are DAMAC's own documents and are published as DAMAC issued them. The terms for any unit bought now are the terms agreed in that sale.

The developer and other DAMAC projects

DAMAC has several buildings in Business Bay. Our brief on Damac Towers covers another completed DAMAC project in the community.

Other DAMAC buildings in Business Bay: Avanti Tower, Damac Towers, REVA Residences and VERA Tower.

DAMAC's brochure describes the company as active in the Middle East property market since 2002. It states that, as of 30 June 2021, DAMAC had delivered close to 35,000 homes and had a portfolio of more than 33,000 at various stages of planning and progress. These are DAMAC's own figures, as printed in the brochure.

Buyer checks

A resale apartment in a finished, furnished building is bought as it stands. Have these points answered, in writing where possible, before you sign.

  • Deed against unit. The floor, apartment number and area on the title deed should agree with the offer, under Merano Tower, register number 1680.
  • Plan against the apartment. Identify which DAMAC floor plan the unit follows, then walk the rooms and note anything changed since handover.
  • Furniture inventory. Ask the seller for a room-by-room list of the furniture, appliances and fittings that pass with the sale, and attach it to the contract.
  • Wear and replacement. Inspect the sofas, beds, white goods and air-conditioning units, and ask which items are original and which the owner has replaced.
  • Service charges. Request the current statement from the owners' association, the charge history for recent years and a clearance showing nothing is owed.
  • Other balances. Confirm nothing is owed to DAMAC or the owners' association, and that utility accounts can move at transfer.
  • Occupancy. Find out whether a tenant lives there. If so, obtain the Ejari-registered lease, the rent, the expiry date and the notice already given or received.
  • Shared amenities. Visit the pool, gym, sauna and steam rooms and check the access rules that apply to owners and tenants now.
  • Finance on the unit. Where the seller has a mortgage, agree how the bank is paid off and the release obtained on transfer day.

Enquiries

Mitchell's Commercial Real Estate works for the buyer in a Merano Tower purchase. We read the register entry and the title deed with you, compare the apartment on offer with DAMAC's plans, and review the sale terms, inventory and service-charge position before you sign. To see what a purchase will cost in fees, use our buying costs calculator. Tell us which unit size you are looking at and we will start from there.

Location

Area and connectivity

DLD register

Merano Tower is in the Business Bay area. The Dubai Land Department register records the nearest metro station, retail centre and landmark against the project — those are the points shown below.

Connectivity schematic
AREA · BUSINESS BAYPROJECTMERANO TOWERNEAREST METROBusiness Bay MetroStationNEAREST MALLDubai MallNEAREST LANDMARKDowntown Dubai

Diagram, not a map. Node positions are for orientation only — they are not to scale, not to bearing, and imply no distance or travel time.

Location record
Area
Business Bay
Nearest metro (DLD record)
Business Bay Metro Station
Nearest mall (DLD record)
Dubai Mall
Nearest landmark (DLD record)
Downtown Dubai

Area and community are from our own project record. Each connectivity point is the nearest of its kind recorded against this project in the Dubai Land Department register, named without distance or journey time.

Connectivity points: Dubai Land Department project register. Area and community: our own project record. Neither is a survey.

Location

Merano Tower — Business Bay

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DLD sales data

Pricing against the market

Registered evidence · as at 5 Nov 2026

Every figure below is derived from arm’s-length sales registered with the Dubai Land Department — completed transactions, not asking prices. The register was read on 13 Nov 2026. The most recent qualifying sale at Merano Tower is dated 5 Nov 2026. Medians are of AED per square foot across all unit types unless stated otherwise.

Median AED / sqft — Merano Tower against its benchmarks
Merano Towern = 50 registered sales since May 2025
1,570AED / sqft
this project
Business BayArea median, existing properties · n = 2,433 sales
1,836AED / sqft
−14.5%discount

Premium and discount compare Merano Tower’s median AED/sqft with each benchmark median from the same extract; n is the number of registered sales behind each median. A premium is neither good nor bad in itself — it reflects specification, unit mix, floor level and how recently the sales were registered. Bar length is proportional to the median shown.

Off-plan vs resale
Off-plan
—
No registrations · n not reported
Resale
1,570
AED/sqft median · n = 50

Only resale sales are on the register for this project as at 5 Nov 2026, so no off-plan-to-resale comparison can be evidenced here.

Source: Dubai Land Department (DLD) transaction register, via Mitchell's DLD pipeline. Register read 13 Nov 2026; most recent qualifying sale 5 Nov 2026. Only arm’s-length sales are counted.

The developer

DAMAC World Real Estate L.L.C

DAMAC World Real Estate L.L.C is the developer named on this brief.

Got questions?

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Method & questions

Method

Figures as at 5 Nov 2026

Two different things sit on this page: transaction evidence taken from the Dubai Land Department’s public register, and the mechanics of buying in Dubai. The four notes below explain how the figures were built and what they can fairly be used for.

  1. Registered salesEvery Dubai Land Department figure on this page comes from a sale that completed and was entered on the public register, so it tells you what buyers have paid. A developer’s price list tells you what the developer is asking today, which is a different measure, so asking prices, portal listings and price lists are not counted in these figures.
  2. MediansProject samples are often thin, and a single penthouse or one bulk-discounted floor will pull an average a long way off. The median — the middle transaction — describes the typical unit far more reliably at these sample sizes. The count behind each figure is always shown so you can judge how much weight it deserves.
  3. Sales only“Sales” means arm’s-length sales. Intra-family and other “Gift” transfers are excluded, as are rows registered at zero or nominal consideration, because neither is evidence of a market price.
  4. A dated snapshotThese are a snapshot, stated as at 5 Nov 2026, taken from one extract of the register rather than queried live. A figure for this project quoted elsewhere, or taken from a different extract, may not match what you see here.

Common questions

Where is Merano Tower?

Merano Tower is in Business Bay, Dubai. DAMAC's brochure describes the tower as facing the waterway at the front, with views across the city on its other sides.

What does the Dubai Land Department register say about Merano Tower?

The Dubai Land Department register lists Merano Tower as project number 1680, with 581 units. It records the project as finished and 100 per cent complete as at 27 February 2020, with a start date of 1 October 2015.

Who is the developer?

Merano Tower is a DAMAC project. The register names Damac World Real Estate L.L.C as the developer.

What apartment types does the building have?

DAMAC's brochure and floor plans show studios and one-, two- and three-bedroom apartments. The brochure describes the apartments as furnished.

How tall is Merano Tower?

DAMAC's brochure describes Merano Tower as a 29-storey building. Its floor plans show typical residential floors from level 2 to level 29.

What facilities does DAMAC's brochure list?

The brochure lists a swimming pool, a gym, parking, a lobby with reception, round-the-clock security and landscaped grounds. It also describes steam rooms and a sauna, and a temperature-controlled pool in a landscaped pool area.

Which bank is the escrow agent?

The Dubai Land Department register names Abu Dhabi Commercial Bank as the escrow agent for project 1680.

Small print

Sources

Every figure on this page is traceable

Dubai Land Department project register, project 1680, snapshot of 10 November 2026: name, developer, unit count, status, percentage complete as at 27 February 2020, completion date, start date, escrow agent and escrow account. DAMAC brochure (18 pages): the 29-storey description, setting, furnished apartments, facilities, interiors, location map labels, travel times, unit plans and company figures as of 30 June 2021. DAMAC floor plans (14 pages): unit plans for the studio, one, two and three-bedroom types, typical floors by level and the note that plans are indicative. DAMAC payment plan (1 page): offered as a download.

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