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

1512, 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 twice, last in February 2023, 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 1512 · DLD and Ejari recordsUpdated 11 July 2026

Last soldAED 826K27 February 2023

Current rentAED 65K /yr11 July 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1512, Merano Tower

Today

What is 1512 worth today?

Last sold for AED 826,000 in 2023

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11 Jul 2026

11 Jul 2026RentedNew contract

AED 65,000/yr12 months · AED 102 per sqft

9 Sep 2025

9 Sep 2025RentedNew contract

AED 78,000/yr12 months · AED 121 per sqft

9 Sep 2024

9 Sep 2024RentedRenewal

AED 72,000/yr12 months · AED 111 per sqft

9 Sep 2023

9 Sep 2023RentedNew contract

AED 72,000/yr12 months · AED 111 per sqft

27 Feb 2023

27 Feb 2023SoldReady

AED 826,000AED 1,283 per sqft

9 Sep 2022

9 Sep 2022RentedRenewal

AED 72,000/yr12 months · AED 111 per sqft

12 Sep 2021

12 Sep 2021Sold by developerReady

AED 886,580AED 1,377 per sqft

9 Sep 2021

9 Sep 2021RentedNew contract

AED 72,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 11 July 2026.

Key facts

Type: 1-bed apartment
Size: 644 sqft
Floor: 15th of 29
Parking: B1-081
Developer: DAMAC
Completed: 2020
Service charge: AED 12,200 /yr
Last sold: AED 826K · February 2023
Building: Merano Tower

About 1512, Merano Tower

1512 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 27 February 2023 for AED 826,000, or AED 1,283 per sqft, 12% below the AED 1,458 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 11 July 2026, is AED 65,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1512 over time

Sales

Unit 1512, each saleTypical one-bed in Merano Tower

1512 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1512, 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 1512 sits

All 397 1-beds →

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

1512 last sold in February 2023 at AED 1,283 per sqft, 12% below what one-beds in Merano Tower were fetching at the time (AED 1,458). 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. 1512's AED 65,000 is in the lower 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 15th floor

All 574 units in Merano Tower


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
1508	1-bed	771 sqft	AED 1.2MAED 1,200,000 · Nov 2025November 2025	60,400 /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
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

1–7 of 19

1512, Merano Tower in numbers

Sold twice: first on 12 September 2021 for AED 886,580, last on 27 February 2023 for AED 826,000 (AED 1,283 per sqft).
Rented since September 2021 on 6 Ejari contracts, from AED 72,000 to AED 65,000 a year.
At AED 65,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 12,200 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 11 July 2026.

Questions about 1512, Merano Tower

What did unit 1512 last sell for?

AED 826,000 on 27 February 2023: AED 1,283 per sqft for 644 sqft. The unit has 2 registered sales; the first was AED 886,580 in September 2021.

What is the rent for unit 1512?

AED 65,000 a year on the contract signed on 11 July 2026. The previous contract, from September 2025, was AED 78,000; the unit has been rented since September 2021.

How big is unit 1512?

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

What is unit 1512 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 1512, Merano Tower

Starts from the last sale price (AED 826K, 27 February 2023). Switch to today's estimate once you have unlocked it.

Price: AED 826,000
Deposit, UAE resident (20%): AED 165,200
Deposit, non-resident (40%): AED 330,400
Monthly over 25 years at 3.7%: AED 3,379

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