2-bed · 956 sqftMerano Tower, Business Bay · 15th floor · completed 2020

1514, 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 May 2017, 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 1514 · DLD and Ejari recordsUpdated 15 September 2026

Last soldAED 1.53M25 May 2017

Current rentAED 100K /yr15 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1514, Merano Tower

Today

What is 1514 worth today?

Last sold for AED 1,525,000 in 2017

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15 Sep 2026

15 Sep 2026RentedNew contract

AED 100,000/yr12 months · AED 105 per sqft

29 Aug 2025

29 Aug 2025RentedNew contract

AED 110,000/yr12 months · AED 115 per sqft

11 Aug 2024

11 Aug 2024RentedRenewal

AED 103,950/yr12 months · AED 109 per sqft

11 Aug 2023

11 Aug 2023RentedRenewal

AED 94,500/yr12 months · AED 99 per sqft

11 Aug 2022

11 Aug 2022RentedNew contract

AED 90,000/yr12 months · AED 94 per sqft

18 Jul 2021

18 Jul 2021RentedNew contract

AED 70,000/yr12 months · AED 73 per sqft

25 May 2017

25 May 2017Sold by developerOff-plan

AED 1,525,000AED 1,595 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type: 2-bed apartment
Size: 956 sqft
Floor: 15th of 29
Parking: P1-009
Developer: DAMAC
Completed: 2020
Service charge: AED 18,200 /yr
Last sold: AED 1.53M · May 2017
Building: Merano Tower

About 1514, Merano Tower

1514 is a two-bedroom apartment of 956 sqft on the 15th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 25 May 2017 for AED 1,525,000, or AED 1,595 per sqft, in line with the AED 1,592 two-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 15 September 2026, is AED 100,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 18,200 a year.

Sales and rents for 1514 over time

Sales

Unit 1514, each saleTypical two-bed in Merano Tower

1514 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1514, 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 1514 sits

All 84 2-beds →

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

1514 last sold in May 2017 at AED 1,595 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,592). 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. 1514's AED 100,000 is in the lower 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 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
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
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

1514, Merano Tower in numbers

Sold once: by DAMAC on 25 May 2017 for AED 1,525,000, or AED 1,595 per sqft.
Rented since July 2021 on 6 Ejari contracts, from AED 70,000 to AED 100,000 a year.
At AED 100,000 a year the gross yield on the 2017 price is 6.6%, 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 15 September 2026.

Questions about 1514, Merano Tower

What did unit 1514 last sell for?

AED 1,525,000 on 25 May 2017, sold by the developer: AED 1,595 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 1514?

AED 100,000 a year on the contract signed on 15 September 2026. The previous contract, from August 2025, was AED 110,000; the unit has been rented since July 2021.

How big is unit 1514?

956 sqft (88.8 sqm): a two-bedroom apartment on the 15th floor of a 29-storey tower completed in 2020.

What is unit 1514 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 1514, Merano Tower

Starts from the last sale price (AED 1.53M, 25 May 2017). Switch to today's estimate once you have unlocked it.

Price: AED 1,525,000
Deposit, UAE resident (20%): AED 305,000
Deposit, non-resident (40%): AED 610,000
Monthly over 25 years at 3.7%: AED 6,239

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