1-bed · 616 sqftMerano Tower, Business Bay · 14th floor · completed 2020

1401, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1401 · DLD and Ejari recordsUpdated 7 April 2025

Last soldAED 965K20 December 2016

Current rentAED 90K /yr7 April 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1401, Merano Tower

Today

What is 1401 worth today?

Last sold for AED 965,000 in 2016

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7 Apr 2025

7 Apr 2025RentedRenewal

AED 90,000/yr12 months · AED 146 per sqft

7 Apr 2025

7 Apr 2025RentedRenewal

AED 90,000/yr12 months · AED 146 per sqft

7 Apr 2024

7 Apr 2024RentedNew contract

AED 90,000/yr12 months · AED 146 per sqft

7 Feb 2023

7 Feb 2023RentedRenewal

AED 62,000/yr12 months · AED 101 per sqft

7 Feb 2022

7 Feb 2022RentedNew contract

AED 62,000/yr12 months · AED 101 per sqft

20 Dec 2016

20 Dec 2016Sold by developerOff-plan

AED 965,000AED 1,565 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type: 1-bed apartment
Size: 616 sqft
Floor: 14th of 29
Parking: B1-058
Developer: DAMAC
Completed: 2020
Service charge: AED 11,700 /yr
Last sold: AED 965K · December 2016
Building: Merano Tower

About 1401, Merano Tower

1401 is a one-bedroom apartment of 616 sqft on the 14th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 20 December 2016 for AED 965,000, or AED 1,565 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 7 April 2025, is AED 90,000 a year: a gross yield of 9.3% on the 2016 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1401 over time

Sales

Unit 1401, each saleTypical one-bed in Merano Tower

1401 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1401, each contractTypical one-bed in Merano Tower

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

1-beds in Merano Tower, and where 1401 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

1401 last sold in December 2016 at AED 1,565 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,599). Over the last 12 months one-beds sold for AED 924,900 to 1,200,000, around AED 1,556 per sqft, and rent for AED 48,000 to 126,000 a year. 1401's AED 90,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
1 Oct 20261 October 2026	668 sqft	1,040,000	1,556
28 Sep 202628 September 2026	670 sqft	1,000,000	1,492
28 Sep 202628 September 2026	668 sqft	1,000,000	1,497
18 Sep 202618 September 2026	668 sqft	990,000	1,482

21 1-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 14th floor

All 574 units in Merano Tower


1402	1-bed	670 sqft	AED 795KAED 794,780 · Jan 2021January 2021	70,000 /yr
1403	1-bed	670 sqft	AED 850KAED 850,000 · Jan 2023January 2023	80,000 /yr
1404	Studio	398 sqft	AED 635KAED 635,000 · Jun 2020June 2020	52,000 /yr
1405	1-bed	669 sqft	AED 1.08MAED 1,082,000 · Jul 2018July 2018
1406	Studio	327 sqft	AED 582KAED 582,000 · Nov 2017November 2017	53,360 /yr
1407	1-bed	668 sqft	AED 1.2MAED 1,200,000 · Jul 2025July 2025	65,000 /yr
1408	1-bed	771 sqft	AED 1.14MAED 1,135,000 · Nov 2021November 2021
1409	1-bed	635 sqft	AED 1.32MAED 1,319,522 · Nov 2017November 2017	78,750 /yr
1410	1-bed	644 sqft	AED 1.09MAED 1,092,700 · Sep 2022September 2022	94,745 /yr
1411	1-bed	644 sqft	AED 1.02MAED 1,020,000 · Dec 2025December 2025	100,000 /yr
1412	1-bed	635 sqft	AED 1.01MAED 1,010,000 · Jul 2018July 2018	55,000 /yr
1413	2-bed	891 sqft	AED 1.4MAED 1,400,000 · Dec 2025December 2025	80,000 /yr
1414	2-bed	956 sqft	AED 1.51MAED 1,512,096 · Jun 2016June 2016	125,000 /yr
1415	2-bed	982 sqft	AED 1.53MAED 1,528,300 · Dec 2016December 2016	80,000 /yr
1416	1-bed	657 sqft	AED 1.21MAED 1,206,576 · Jan 2017January 2017	80,000 /yr
1417	1-bed	668 sqft	AED 1.1MAED 1,100,000 · Sep 2024September 2024	68,000 /yr
1418	1-bed	668 sqft	AED 1.13MAED 1,125,910 · May 2018May 2018	76,000 /yr
1419	1-bed	668 sqft	AED 1.06MAED 1,060,000 · Jun 2024June 2024	80,000 /yr
1420	Studio	334 sqft	AED 750KAED 750,000 · Oct 2024October 2024	55,200 /yr
1417A	1-bed	753 sqft	AED 1.19MAED 1,191,360 · Mar 2020March 2020	85,000 /yr

1–7 of 20

1401, Merano Tower in numbers

Sold once: by DAMAC on 20 December 2016 for AED 965,000, or AED 1,565 per sqft.
Rented since February 2022 on 5 Ejari contracts, from AED 62,000 to AED 90,000 a year.
At AED 90,000 a year the gross yield on the 2016 price is 9.3%, before a service charge of about AED 11,700 a year (AED 19.02 per sqft).
One-beds in Merano Tower sold for AED 924,900–1,200,000 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 7 April 2025.

Questions about 1401, Merano Tower

What did unit 1401 last sell for?

AED 965,000 on 20 December 2016, sold by the developer: AED 1,565 per sqft for 616 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 90,000 a year on the contract renewed on 7 April 2025. The previous contract, from April 2025, was AED 90,000; the unit has been rented since February 2022.

How big is unit 1401?

616 sqft (57.2 sqm): a one-bedroom apartment on the 14th floor of a 29-storey tower completed in 2020.

What is unit 1401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Merano Tower sold for AED 924,900 to 1,200,000 in the last 12 months, around AED 1,556 per sqft.

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Mortgage on 1401, Merano Tower

Starts from the last sale price (AED 965K, 20 December 2016). Switch to today's estimate once you have unlocked it.

Price: AED 965,000
Deposit, UAE resident (20%): AED 193,000
Deposit, non-resident (40%): AED 386,000
Monthly over 25 years at 3.7%: AED 3,948

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