2-bed · 956 sqftMerano Tower, Business Bay · 14th floor · completed 2020

1414, 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 June 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1414 · DLD and Ejari recordsUpdated 10 November 2024

Last soldAED 1.51M22 June 2016

Current rentAED 125K /yr10 November 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1414, Merano Tower

Today

What is 1414 worth today?

Last sold for AED 1,512,096 in 2016

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10 Nov 2024

10 Nov 2024RentedNew contract

AED 125,000/yr12 months · AED 130 per sqft

26 May 2023

26 May 2023RentedNew contract

AED 135,000/yr12 months · AED 141 per sqft

13 Mar 2022

13 Mar 2022RentedRenewal

AED 80,500/yr12 months · AED 84 per sqft

13 Feb 2021

13 Feb 2021RentedNew contract

AED 70,000/yr13 months · AED 73 per sqft

22 Jun 2016

22 Jun 2016Sold by developerOff-plan

AED 1,512,096AED 1,581 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type: 2-bed apartment
Size: 956 sqft
Floor: 14th of 29
Parking: B3-155, B3-156
Developer: DAMAC
Completed: 2020
Service charge: AED 18,200 /yr
Last sold: AED 1.51M · June 2016
Building: Merano Tower

About 1414, Merano Tower

1414 is a two-bedroom apartment of 956 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 22 June 2016 for AED 1,512,096, or AED 1,581 per sqft, in line with the AED 1,586 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 November 2024, is AED 125,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 18,200 a year.

Sales and rents for 1414 over time

Sales

Unit 1414, each saleTypical two-bed in Merano Tower

1414 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1414, each contractTypical two-bed in Merano Tower

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 1414 sits

All 84 2-beds →

2-beds in Merano Tower · last 12 months1,504 /sqft Merano Tower · all types1,555 /sqft

1414 last sold in June 2016 at AED 1,581 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,586). 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. 1414's AED 125,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

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 14th floor

All 574 units in Merano Tower


1401	1-bed	616 sqft	AED 965KAED 965,000 · Dec 2016December 2016	90,000 /yr
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
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

1414, Merano Tower in numbers

Sold once: by DAMAC on 22 June 2016 for AED 1,512,096, or AED 1,581 per sqft.
Rented since February 2021 on 4 Ejari contracts, from AED 70,000 to AED 125,000 a year.
At AED 125,000 a year the gross yield on the 2016 price is 8.3%, 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 10 November 2024.

Questions about 1414, Merano Tower

What did unit 1414 last sell for?

AED 1,512,096 on 22 June 2016, sold by the developer: AED 1,581 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 1414?

AED 125,000 a year on the contract signed on 10 November 2024. The previous contract, from May 2023, was AED 135,000; the unit has been rented since February 2021.

How big is unit 1414?

956 sqft (88.8 sqm): a two-bedroom apartment on the 14th floor of a 29-storey tower completed in 2020.

What is unit 1414 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 1414, Merano Tower

Starts from the last sale price (AED 1.51M, 22 June 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,512,096
Deposit, UAE resident (20%): AED 302,419
Deposit, non-resident (40%): AED 604,838
Monthly over 25 years at 3.7%: AED 6,186

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