1507, Meera Tower
Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1507, Meera Tower
What is 1507 worth today?
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Source: Dubai Land Department. Updated 12 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 952 sqft
- Floor
- 15th of 44
- Parking
- L3-23
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 18,100 /yr
- Last sold
- AED 2M · January 2023
- Building
- Meera Tower
About 1507, Meera Tower
1507 is a one-bedroom apartment of 952 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 12 January 2023 for AED 2,000,000, or AED 2,100 per sqft, in line with the AED 2,099 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 13 July 2022, is AED 100,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1507 over time
1507 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Meera Tower, and where 1507 sits
All 57 1-beds →1507 last sold in January 2023 at AED 2,100 per sqft, in line with what one-beds in Meera Tower were fetching at the time (AED 2,099). Over the last 12 months one-beds sold for AED 1,730,000 to 2,000,000, around AED 2,039 per sqft, and rent for AED 72,500 to 130,000 a year. 1507's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Apr 202629 April 2026 | 952 sqft | 2,000,000 | 2,100 | ||
| 10 Apr 202610 April 2026 | 883 sqft | 1,800,000 | 2,039 | ||
| 8 Apr 20268 April 2026 | 883 sqft | 1,730,000 | 1,960 | ||
| 18 Jul 202518 July 2025 | 883 sqft | 1,760,000 | 1,994 |
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 | |
| 1504 | 2-bed | 1,496 sqft | AED 3.25MAED 3,254,433 · Jan 2023January 2023 | 90,000 /yr | |
| 1505 | 1-bed | 883 sqft | AED 1.85MAED 1,853,545 · Jan 2023January 2023 | 75,000 /yr | |
| 1509 | 2-bed | 1,260 sqft | AED 2.65MAED 2,646,501 · Jan 2023January 2023 | 140,000 /yr |
1507, Meera Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 12 January 2023 for AED 2,000,000, or AED 2,100 per sqft.
- Rented since July 2019 on 4 Ejari contracts, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 18,100 a year (AED 18.99 per sqft).
- One-beds in Meera Tower sold for AED 1,730,000–2,000,000 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 12 January 2023.
Questions about 1507, Meera Tower
What did unit 1507 last sell for?
AED 2,000,000 on 12 January 2023, sold by the developer: AED 2,100 per sqft for 952 sqft. It is the only registered sale of the unit.
What is the rent for unit 1507?
AED 100,000 a year on the contract renewed on 13 July 2022. The previous contract, from July 2021, was AED 100,000; the unit has been rented since July 2019.
How big is unit 1507?
952 sqft (88.4 sqm): a one-bedroom apartment on the 15th floor of a 44-storey tower completed in 2022.
What is unit 1507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Meera Tower sold for AED 1,730,000 to 2,000,000 in the last 12 months, around AED 2,039 per sqft.
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Mortgage on 1507, Meera Tower
Starts from the last sale price (AED 2M, 12 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →