1-bed · 669 sqftMerano Tower, Business Bay · 15th floor · completed 2020

1505, Merano Tower

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

Unit 1505 · DLD and Ejari recordsUpdated 5 December 2025
Last soldAED 1.1M4 November 2025
Current rentAED 85K /yr5 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Merano Tower

What is 1505 worth today?

Last sold for AED 1,100,000 in 2025

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5 Dec 2025RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
4 Nov 2025SoldReady
AED 1,100,000AED 1,644 per sqft
27 Aug 2025Sold by developerReady
AED 1,411,000AED 2,109 per sqft

Source: Dubai Land Department. Updated 5 December 2025.

Key facts

Type
1-bed apartment
Size
669 sqft
Floor
15th of 29
Parking
B3-137
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.1M · November 2025
Building
Merano Tower

About 1505, Merano Tower

1505 is a one-bedroom apartment of 669 sqft on the 15th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 4 November 2025 for AED 1,100,000, or AED 1,644 per sqft, 4% above the AED 1,585 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 December 2025. The current contract, signed on 5 December 2025, is AED 85,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical one-bed in Merano Tower
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,061,015; 2017 AED 1,061,000; 2018 AED 1,069,110; 2019 AED 1,098,000; 2020 AED 995,000; 2021 AED 805,000; 2022 AED 982,000; 2023 AED 970,000; 2024 AED 1,100,000; 2025 AED 1,060,000; 2026 AED 1,075,000Sold by developer, August 2025: AED 1,411,000 (AED 2,109 per sqft)Sold, November 2025: AED 1,100,000 (AED 1,644 per sqft)

1505 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1505, each contractTypical one-bed in Merano Tower
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 48,000; 2022 AED 59,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 75,000New contract, December 2025: AED 85,000 a year

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 1505 sits

All 397 1-beds →

1505 last sold in November 2025 at AED 1,644 per sqft, 4% above what one-beds in Merano Tower were fetching at the time (AED 1,585). 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. 1505's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 20261,040,000
28 Sep 20261,000,000
28 Sep 20261,000,000
18 Sep 2026990,000
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 15th floor

All 574 units in Merano Tower
Value
15011-bedAED 1.1M · Oct 2025
15021-bedAED 1.07M · Oct 2016
15031-bedAED 1.01M · Apr 2025
1504StudioAED 869K · Nov 2016
1506StudioAED 586K · Dec 2016
15071-bedAED 1.06M · Nov 2025
15081-bedAED 1.2M · Nov 2025
1–7 of 19

1505, Merano Tower in numbers

  • Sold twice: first on 27 August 2025 for AED 1,411,000, last on 4 November 2025 for AED 1,100,000 (AED 1,644 per sqft).
  • Rented since December 2025 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 12,700 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 5 December 2025.

Questions about 1505, Merano Tower

What did unit 1505 last sell for?

AED 1,100,000 on 4 November 2025: AED 1,644 per sqft for 669 sqft. The unit has 2 registered sales; the first was AED 1,411,000 in August 2025.

What is the rent for unit 1505?

AED 85,000 a year on the contract signed on 5 December 2025.

How big is unit 1505?

669 sqft (62.2 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2020.

What is unit 1505 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 1505, Merano Tower

Starts from the last sale price (AED 1.1M, 4 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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