1508, Merano Tower
Sold prices and rental history: sold twice, last in November 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Merano Tower
What is 1508 worth today?
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Source: Dubai Land Department. Updated 28 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 771 sqft
- Floor
- 15th of 29
- Parking
- B1-077
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.2M · November 2025
- Building
- Merano Tower
About 1508, Merano Tower
1508 is a one-bedroom apartment of 771 sqft on the 15th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 28 November 2025 for AED 1,200,000, or AED 1,555 per sqft, in line with the AED 1,586 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 24 March 2023, is AED 60,400 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 14,700 a year.
Sales and rents for 1508 over time
1508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1508 sits
All 397 1-beds →1508 last sold in November 2025 at AED 1,555 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,586). 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. 1508's AED 60,400 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 15th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 616 sqft | AED 1.1MAED 1,100,000 · Oct 2025October 2025 | 69,300 /yr | |
| 1502 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Oct 2016October 2016 | 73,000 /yr | |
| 1503 | 1-bed | 670 sqft | AED 1.01MAED 1,005,000 · Apr 2025April 2025 | 77,000 /yr | |
| 1504 | Studio | 398 sqft | AED 869KAED 869,250 · Nov 2016November 2016 | 72,000 /yr | |
| 1505 | 1-bed | 669 sqft | AED 1.1MAED 1,100,000 · Nov 2025November 2025 | 85,000 /yr | |
| 1506 | Studio | 327 sqft | AED 586KAED 586,000 · Dec 2016December 2016 | 60,000 /yr | |
| 1507 | 1-bed | 668 sqft | AED 1.06MAED 1,060,000 · Nov 2025November 2025 | 69,469 /yr | |
| 1509 | 1-bed | 644 sqft | AED 1.02MAED 1,018,872 · Jun 2016June 2016 | 90,000 /yr | |
| 1510 | 1-bed | 644 sqft | AED 1.12MAED 1,120,000 · Sep 2024September 2024 | 85,000 /yr | |
| 1511 | 1-bed | 644 sqft | AED 1.02MAED 1,020,528 · Jun 2016June 2016 | 65,000 /yr | |
| 1512 | 1-bed | 644 sqft | AED 826KAED 826,000 · Feb 2023February 2023 | 65,000 /yr | |
| 1513 | 2-bed | 891 sqft | AED 1.27MAED 1,266,000 · Apr 2022April 2022 | ||
| 1514 | 2-bed | 956 sqft | AED 1.53MAED 1,525,000 · May 2017May 2017 | 100,000 /yr | |
| 1515 | 2-bed | 993 sqft | AED 1.77MAED 1,770,000 · Jan 2025January 2025 | 110,000 /yr | |
| 1516 | 1-bed | 664 sqft | AED 1.21MAED 1,206,576 · May 2016May 2016 | 80,000 /yr | |
| 1517 | 3-bed | 1,455 sqft | AED 2.38MAED 2,375,000 · Feb 2025February 2025 | 105,000 /yr | |
| 1518 | 1-bed | 668 sqft | AED 1.08MAED 1,082,000 · Sep 2019September 2019 | 76,000 /yr | |
| 1519 | 1-bed | 668 sqft | AED 1.06MAED 1,061,015 · Aug 2016August 2016 | 90,000 /yr | |
| 1520 | Studio | 334 sqft | AED 590KAED 590,000 · Feb 2020February 2020 | 52,000 /yr |
1508, Merano Tower in numbers
- Sold twice: first on 7 February 2021 for AED 939,000, last on 28 November 2025 for AED 1,200,000 (AED 1,555 per sqft).
- Rented since March 2021 on 3 Ejari contracts, from AED 55,000 to AED 60,400 a year.
- At AED 60,400 a year the gross yield on the 2025 price is 5.0%, before a service charge of about AED 14,700 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 28 November 2025.
Questions about 1508, Merano Tower
What did unit 1508 last sell for?
AED 1,200,000 on 28 November 2025: AED 1,555 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 939,000 in February 2021.
What is the rent for unit 1508?
AED 60,400 a year on the contract signed on 24 March 2023. The previous contract, from March 2022, was AED 55,000; the unit has been rented since March 2021.
How big is unit 1508?
771 sqft (71.6 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2020.
What is unit 1508 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 1508, Merano Tower
Starts from the last sale price (AED 1.2M, 28 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →