1-bed · 644 sqftMerano Tower, Business Bay · 15th floor · completed 2020

1510, Merano Tower

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1510 · DLD and Ejari recordsUpdated 8 November 2025
Last soldAED 1.12M24 September 2024
Current rentAED 85K /yr8 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1510, Merano Tower

What is 1510 worth today?

Last sold for AED 1,120,000 in 2024

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8 Nov 2025RentedRenewal
AED 85,000/yr12 months · AED 132 per sqft
8 Nov 2024RentedNew contract
AED 85,000/yr12 months · AED 132 per sqft
24 Sep 2024SoldReady
AED 1,120,000AED 1,738 per sqft
21 Nov 2023RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
1 Feb 2023RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
3 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
10 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 65 per sqft
24 May 2016Sold by developerOff-plan
AED 1,021,440AED 1,585 per sqft

Source: Dubai Land Department. Updated 8 November 2025.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
15th of 29
Parking
B1-079
Developer
DAMAC
Completed
2020
Service charge
AED 12,300 /yr
Last sold
AED 1.12M · September 2024
Building
Merano Tower

About 1510, Merano Tower

1510 is a one-bedroom apartment of 644 sqft on the 15th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 24 September 2024 for AED 1,120,000, or AED 1,738 per sqft, 10% above the AED 1,585 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 8 November 2025, is AED 85,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1510 over time

Sales
Unit 1510, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical 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, May 2016: AED 1,021,440 (AED 1,585 per sqft)Sold, September 2024: AED 1,120,000 (AED 1,738 per sqft)

1510 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1510, each contractTypical one-bed in Merano Tower
50K75K2020202220242026Typical 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, October 2020: AED 42,000 a yearNew contract, October 2021: AED 50,000 a yearNew contract, February 2023: AED 80,000 a yearNew contract, November 2023: AED 90,000 a yearNew contract, November 2024: AED 85,000 a yearRenewal, November 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 1510 sits

All 397 1-beds →

1510 last sold in September 2024 at AED 1,738 per sqft, 10% 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. 1510'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
15051-bedAED 1.1M · Nov 2025
1506StudioAED 586K · Dec 2016
15071-bedAED 1.06M · Nov 2025
1–7 of 19

1510, Merano Tower in numbers

  • Sold twice: first on 24 May 2016 for AED 1,021,440, last on 24 September 2024 for AED 1,120,000 (AED 1,738 per sqft).
  • Rented since October 2020 on 6 Ejari contracts, from AED 42,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 12,300 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 8 November 2025.

Questions about 1510, Merano Tower

What did unit 1510 last sell for?

AED 1,120,000 on 24 September 2024: AED 1,738 per sqft for 644 sqft. The unit has 2 registered sales; the first was AED 1,021,440 in May 2016.

What is the rent for unit 1510?

AED 85,000 a year on the contract renewed on 8 November 2025. The previous contract, from November 2024, was AED 85,000; the unit has been rented since October 2020.

How big is unit 1510?

644 sqft (59.8 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2020.

What is unit 1510 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 1510, Merano Tower

Starts from the last sale price (AED 1.12M, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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