1114, Merano Tower
Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1114, Merano Tower
What is 1114 worth today?
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Source: Dubai Land Department. Updated 13 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 956 sqft
- Floor
- 11th of 29
- Parking
- P1-061,P1-062
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.51M · May 2016
- Building
- Merano Tower
About 1114, Merano Tower
1114 is a two-bedroom apartment of 956 sqft on the 11th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 24 May 2016 for AED 1,508,800, or AED 1,578 per sqft.
It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, signed on 13 July 2026, is AED 90,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1114 over time
1114 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 Merano Tower, and where 1114 sits
All 84 2-beds →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. 1114's AED 90,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 993 sqft | 1,450,000 | 1,459 | ||
| 17 Aug 202617 August 2026 | 969 sqft | 1,220,000 | 1,259 | ||
| 9 Jul 20269 July 2026 | 956 sqft | 1,200,000 | 1,255 | ||
| 11 May 202611 May 2026 | 891 sqft | 1,125,000 | 1,262 |
Merano Tower
Building574 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%
Other units on the 11th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 616 sqft | AED 990KAED 990,495 · Jun 2016June 2016 | 80,000 /yr | |
| 1102 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Jul 2016July 2016 | 74,000 /yr | |
| 1103 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Jul 2016July 2016 | 68,000 /yr | |
| 1104 | Studio | 398 sqft | AED 715KAED 715,000 · May 2024May 2024 | 59,000 /yr | |
| 1105 | 1-bed | 669 sqft | AED 1.38MAED 1,383,000 · Dec 2024December 2024 | ||
| 1106 | Studio | 327 sqft | AED 575KAED 575,000 · Sep 2019September 2019 | 60,000 /yr | |
| 1107 | 1-bed | 668 sqft | AED 1MAED 1,000,000 · Sep 2026September 2026 | 80,000 /yr | |
| 1108 | 1-bed | 771 sqft | AED 1.22MAED 1,217,600 · Dec 2016December 2016 | 86,000 /yr | |
| 1109 | 1-bed | 644 sqft | AED 1MAED 1,000,000 · May 2016May 2016 | 77,000 /yr | |
| 1110 | 1-bed | 644 sqft | AED 862KAED 862,433 · Apr 2022April 2022 | 70,000 /yr | |
| 1111 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Jan 2017January 2017 | 50,000 /yr | |
| 1112 | 1-bed | 644 sqft | AED 761KAED 761,460 · Jan 2021January 2021 | 80,000 /yr | |
| 1113 | 2-bed | 891 sqft | AED 1.51MAED 1,510,000 · Dec 2022December 2022 | 119,678 /yr | |
| 1115 | 2-bed | 991 sqft | AED 1.17MAED 1,172,325 · Dec 2020December 2020 | 75,000 /yr | |
| 1116 | 1-bed | 662 sqft | AED 1.02MAED 1,022,768 · Aug 2016August 2016 | 80,000 /yr | |
| 1117 | 1-bed | 668 sqft | AED 779KAED 779,100 · Jan 2021January 2021 | 75,000 /yr | |
| 1118 | 1-bed | 668 sqft | AED 1.17MAED 1,168,000 · Dec 2022December 2022 | ||
| 1119 | 1-bed | 668 sqft | AED 1.06MAED 1,063,000 · May 2017May 2017 | 70,000 /yr | |
| 1120 | Studio | 334 sqft | AED 593KAED 593,000 · Apr 2017April 2017 | 66,000 /yr | |
| 1117A | 1-bed | 753 sqft | AED 1.38MAED 1,377,500 · Feb 2024February 2024 | 67,000 /yr |
1114, Merano Tower in numbers
- Sold once: by DAMAC on 24 May 2016 for AED 1,508,800, or AED 1,578 per sqft.
- Rented since June 2020 on 9 Ejari contracts. The rent fell from AED 118,000 to AED 62,000 in 2020 and recovered to AED 90,000 by July 2026.
- At AED 90,000 a year the gross yield on the 2016 price is 6.0%, 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 13 July 2026.
Questions about 1114, Merano Tower
What did unit 1114 last sell for?
AED 1,508,800 on 24 May 2016, sold by the developer: AED 1,578 per sqft for 956 sqft. It is the only registered sale of the unit.
What is the rent for unit 1114?
AED 90,000 a year on the contract signed on 13 July 2026. The previous contract, from May 2025, was AED 95,000; the unit has been rented since June 2020.
How big is unit 1114?
956 sqft (88.8 sqm): a two-bedroom apartment on the 11th floor of a 29-storey tower completed in 2020.
What is unit 1114 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 1114, Merano Tower
Starts from the last sale price (AED 1.51M, 24 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,508,800
- Deposit, UAE resident (20%)
- AED 301,760
- Deposit, non-resident (40%)
- AED 603,520
- Monthly over 25 years at 3.7%
- AED 6,173
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →