2-bed · 956 sqftMerano Tower, Business Bay · 10th floor · completed 2020

1014, Merano Tower

Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1014 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 1.5M17 December 2025
Current rentAED 130K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1014, Merano Tower

What is 1014 worth today?

Last sold for AED 1,500,000 in 2025

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20 Feb 2026RentedNew contract
AED 130,000/yr12 months · AED 136 per sqft
17 Dec 2025SoldReady
AED 1,500,000AED 1,569 per sqft
30 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 126 per sqft
15 Apr 2024RentedNew contract
AED 119,668/yr12 months · AED 125 per sqft
29 Nov 2022RentedNew contract
AED 110,000/yr13 months · AED 115 per sqft
30 Aug 2021RentedNew contract
AED 76,000/yr12 months · AED 79 per sqft
27 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 68 per sqft
22 Jun 2016Sold by developerOff-plan
AED 1,502,976AED 1,572 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
2-bed apartment
Size
956 sqft
Floor
10th of 29
Parking
P1-013
Developer
DAMAC
Completed
2020
Service charge
AED 18,200 /yr
Last sold
AED 1.5M · December 2025
Building
Merano Tower

About 1014, Merano Tower

1014 is a two-bedroom apartment of 956 sqft on the 10th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 17 December 2025 for AED 1,500,000, or AED 1,569 per sqft, in line with the AED 1,537 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 20 February 2026, is AED 130,000 a year: a gross yield of 8.7% on the 2025 price, before the service charge of about AED 18,200 a year.

Sales and rents for 1014 over time

Sales
Unit 1014, each saleTypical two-bed in Merano Tower
1.2M1.4M1.6M2016201920222025Typical sale price by year: 2016 AED 1,508,900; 2017 AED 1,509,000; 2018 AED 1,416,000; 2019 AED 1,525,000; 2020 AED 1,169,783; 2021 AED 1,171,100; 2022 AED 1,292,540; 2023 AED 1,550,000; 2024 AED 1,477,500; 2025 AED 1,425,000; 2026 AED 1,310,000Sold by developer, June 2016: AED 1,502,976 (AED 1,572 per sqft)Sold, December 2025: AED 1,500,000 (AED 1,569 per sqft)

1014 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1014, each contractTypical two-bed in Merano Tower
100K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 105,000; 2026 AED 100,000New contract, August 2020: AED 65,000 a yearNew contract, August 2021: AED 76,000 a yearNew contract, November 2022: AED 110,000 a yearNew contract, April 2024: AED 119,668 a yearNew contract, October 2024: AED 120,000 a yearNew contract, February 2026: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Merano Tower, and where 1014 sits

All 84 2-beds →

1014 last sold in December 2025 at AED 1,569 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,537). Over the last 12 months two-beds sold for AED 1,125,000 to 1,500,000, around AED 1,504 per sqft, and rent for AED 80,000 to 135,000 a year. 1014's AED 130,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20261,450,000
17 Aug 20261,220,000
9 Jul 20261,200,000
11 May 20261,125,000
12 2-bed sales in the last 12 months

Merano Tower

Building

574 apartments, studios to 3-bed over 29 floors in Business Bay, completed in 2020 by DAMAC. 33 sold in the last 12 months.

Typical price per sqft
AED 1,555 Down 3.3%
Typical sale
AED 1.13M
Typical rent
AED 75K /yr
Typical yield
7.4%
Merano Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 574 units in Merano Tower
Value
10011-bedAED 900K · Aug 2023
10021-bedAED 1.11M · May 2016
10031-bedAED 945K · Nov 2021
1004StudioAED 740K · Jan 2024
10051-bedAED 1.06M · Mar 2025
1006StudioAED 650K · Oct 2023
10071-bedAED 990K · Sep 2026
1–7 of 19

1014, Merano Tower in numbers

  • Sold twice: first on 22 June 2016 for AED 1,502,976, last on 17 December 2025 for AED 1,500,000 (AED 1,569 per sqft).
  • Rented since August 2020 on 6 Ejari contracts, from AED 65,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 8.7%, before a service charge of about AED 18,200 a year (AED 19.02 per sqft).
  • Two-beds in Merano Tower sold for AED 1,125,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,555 per sqft.

Source: Dubai Land Department. Updated 20 February 2026.

Questions about 1014, Merano Tower

What did unit 1014 last sell for?

AED 1,500,000 on 17 December 2025: AED 1,569 per sqft for 956 sqft. The unit has 2 registered sales; the first was AED 1,502,976 in June 2016.

What is the rent for unit 1014?

AED 130,000 a year on the contract signed on 20 February 2026. The previous contract, from October 2024, was AED 120,000; the unit has been rented since August 2020.

How big is unit 1014?

956 sqft (88.8 sqm): a two-bedroom apartment on the 10th floor of a 29-storey tower completed in 2020.

What is unit 1014 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Merano Tower sold for AED 1,125,000 to 1,500,000 in the last 12 months, around AED 1,504 per sqft.

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Mortgage on 1014, Merano Tower

Starts from the last sale price (AED 1.5M, 17 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →