1504, Meera Tower
Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Meera Tower
What is 1504 worth today?
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Source: Dubai Land Department. Updated 10 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,496 sqft
- Floor
- 15th of 44
- Parking
- L4-237
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 28,400 /yr
- Last sold
- AED 3.25M · January 2023
- Building
- Meera Tower
About 1504, Meera Tower
1504 is a two-bedroom apartment of 1,496 sqft on the 15th floor of Meera Tower, a 44-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. The developer sold it on 10 January 2023 for AED 3,254,433, or AED 2,174 per sqft, in line with the AED 2,174 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 September 2021, is AED 90,000 a year: a gross yield of 2.8% on the 2023 price, before the service charge of about AED 28,400 a year.
Sales and rents for 1504 over time
1504 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Meera Tower, and where 1504 sits
All 77 2-beds →1504 last sold in January 2023 at AED 2,174 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,174). Over the last 12 months two-beds sold for AED 2,675,000, around AED 2,093 per sqft, and rent for AED 105,000 to 200,000 a year. 1504's AED 90,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202619 June 2026 | 1,278 sqft | 2,675,000 | 2,093 | ||
| 13 Oct 202513 October 2025 | 1,622 sqft | 3,250,000 | 2,003 | ||
| 30 Oct 202430 October 2024 | 1,269 sqft | 2,500,000 | 1,970 | ||
| 14 Oct 202414 October 2024 | 1,516 sqft | 3,106,305 | 2,048 |
Meera Tower
Building160 apartments, 1-bed to 4-bed over 44 floors in Business Bay, completed in 2022 by Al Habtoor City Real Estate Development. 4 sold in the last 12 months.
- Typical price per sqft
- AED 2,066
- Typical sale
- AED 1.9M
- Typical rent
- AED 139K /yr
- Typical yield
- 5.2%
Other units on the 15th floor
All 160 units in Meera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,496 sqft | AED 3.23MAED 3,230,306 · Mar 2023March 2023 | 150,000 /yr | |
| 1503 | 1-bed | 868 sqft | AED 1.82MAED 1,822,352 · Dec 2022December 2022 | 115,000 /yr | |
| 1505 | 1-bed | 883 sqft | AED 1.85MAED 1,853,545 · Jan 2023January 2023 | 75,000 /yr | |
| 1507 | 1-bed | 952 sqft | AED 2MAED 2,000,000 · Jan 2023January 2023 | 100,000 /yr | |
| 1509 | 2-bed | 1,260 sqft | AED 2.65MAED 2,646,501 · Jan 2023January 2023 | 140,000 /yr |
1504, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 10 January 2023 for AED 3,254,433, or AED 2,174 per sqft.
- Rented since July 2018 on 6 Ejari contracts, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 2.8%, before a service charge of about AED 28,400 a year (AED 18.99 per sqft).
- Two-beds in Meera Tower sold for AED 2,675,000–2,675,000 in the 12 months to November 2026; the building's median across all types is AED 2,066 per sqft.
Source: Dubai Land Department. Updated 10 January 2023.
Questions about 1504, Meera Tower
What did unit 1504 last sell for?
AED 3,254,433 on 10 January 2023, sold by the developer: AED 2,174 per sqft for 1,496 sqft. It is the only registered sale of the unit.
What is the rent for unit 1504?
AED 90,000 a year on the contract signed on 25 September 2021. The previous contract, from March 2021, was AED 135,000; the unit has been rented since July 2018.
How big is unit 1504?
1,496 sqft (139.0 sqm): a two-bedroom apartment on the 15th floor of a 44-storey tower completed in 2022.
What is unit 1504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Meera Tower sold for AED 2,675,000 to 2,675,000 in the last 12 months, around AED 2,093 per sqft.
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Mortgage on 1504, Meera Tower
Starts from the last sale price (AED 3.25M, 10 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,254,433
- Deposit, UAE resident (20%)
- AED 650,887
- Deposit, non-resident (40%)
- AED 1,301,773
- Monthly over 25 years at 3.7%
- AED 13,315
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →