1515, Merano Tower
Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1515, Merano Tower
What is 1515 worth today?
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Source: Dubai Land Department. Updated 29 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 993 sqft
- Floor
- 15th of 29
- Parking
- B3-145, B3-146
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 18,900 /yr
- Last sold
- AED 1.77M · January 2025
- Building
- Merano Tower
About 1515, Merano Tower
1515 is a two-bedroom apartment of 993 sqft on the 15th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 29 January 2025 for AED 1,770,000, or AED 1,781 per sqft, 7% above the AED 1,660 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 5 October 2024, is AED 110,000 a year: a gross yield of 6.2% on the 2025 price, before the service charge of about AED 18,900 a year.
Sales and rents for 1515 over time
1515 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1515 sits
All 84 2-beds →1515 last sold in January 2025 at AED 1,781 per sqft, 7% above what two-beds in Merano Tower were fetching at the time (AED 1,660). 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. 1515's AED 110,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |
| 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 | ||
| 1514 | 2-bed | 956 sqft | AED 1.53MAED 1,525,000 · May 2017May 2017 | 100,000 /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 |
1515, Merano Tower in numbers
- Sold twice: first on 22 June 2016 for AED 1,599,188, last on 29 January 2025 for AED 1,770,000 (AED 1,781 per sqft).
- Rented since July 2020 on 7 Ejari contracts, from AED 70,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2025 price is 6.2%, before a service charge of about AED 18,900 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 29 January 2025.
Questions about 1515, Merano Tower
What did unit 1515 last sell for?
AED 1,770,000 on 29 January 2025: AED 1,781 per sqft for 993 sqft. The unit has 2 registered sales; the first was AED 1,599,188 in June 2016.
What is the rent for unit 1515?
AED 110,000 a year on the contract signed on 5 October 2024. The previous contract, from October 2024, was AED 110,000; the unit has been rented since July 2020.
How big is unit 1515?
993 sqft (92.3 sqm): a two-bedroom apartment on the 15th floor of a 29-storey tower completed in 2020.
What is unit 1515 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 1515, Merano Tower
Starts from the last sale price (AED 1.77M, 29 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,770,000
- Deposit, UAE resident (20%)
- AED 354,000
- Deposit, non-resident (40%)
- AED 708,000
- Monthly over 25 years at 3.7%
- AED 7,242
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →