1-bed · 668 sqftMerano Tower, Business Bay · 15th floor · completed 2020

1518, 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 September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1518 · DLD and Ejari recordsUpdated 25 April 2026

Last soldAED 1.08M2 September 2019

Current rentAED 76K /yr25 April 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1518, Merano Tower

Today

What is 1518 worth today?

Last sold for AED 1,082,000 in 2019

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25 Apr 2026

25 Apr 2026RentedNew contract

AED 76,000/yr12 months · AED 114 per sqft

24 Apr 2025

24 Apr 2025RentedNew contract

AED 76,000/yr12 months · AED 114 per sqft

15 Feb 2024

15 Feb 2024RentedRenewal

AED 63,000/yr12 months · AED 94 per sqft

15 Feb 2023

15 Feb 2023RentedNew contract

AED 63,000/yr12 months · AED 94 per sqft

1 Feb 2022

1 Feb 2022RentedRenewal

AED 52,000/yr12 months · AED 78 per sqft

1 Aug 2021

1 Aug 2021RentedRenewal

AED 45,000/yr6 months · AED 67 per sqft

1 Aug 2020

1 Aug 2020RentedNew contract

AED 45,000/yr12 months · AED 67 per sqft

2 Sep 2019

2 Sep 2019Sold by developerOff-plan

AED 1,082,000AED 1,620 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type: 1-bed apartment
Size: 668 sqft
Floor: 15th of 29
Parking: B1-083
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.08M · September 2019
Building: Merano Tower

About 1518, Merano Tower

1518 is a one-bedroom apartment of 668 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 2 September 2019 for AED 1,082,000, or AED 1,620 per sqft, in line with the AED 1,618 one-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 25 April 2026, is AED 76,000 a year: a gross yield of 7.0% on the 2019 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1518 over time

Sales

Unit 1518, each saleTypical one-bed in Merano Tower

1518 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1518, 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 1518 sits

All 397 1-beds →

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

1518 last sold in September 2019 at AED 1,620 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,618). 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. 1518's AED 76,000 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
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
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

1518, Merano Tower in numbers

Sold once: by DAMAC on 2 September 2019 for AED 1,082,000, or AED 1,620 per sqft.
Rented since August 2020 on 7 Ejari contracts, from AED 45,000 to AED 76,000 a year.
At AED 76,000 a year the gross yield on the 2019 price is 7.0%, before a service charge of about AED 12,700 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 25 April 2026.

Questions about 1518, Merano Tower

What did unit 1518 last sell for?

AED 1,082,000 on 2 September 2019, sold by the developer: AED 1,620 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 1518?

AED 76,000 a year on the contract signed on 25 April 2026. The previous contract, from April 2025, was AED 76,000; the unit has been rented since August 2020.

How big is unit 1518?

668 sqft (62.1 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2020.

What is unit 1518 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 1518, Merano Tower

Starts from the last sale price (AED 1.08M, 2 September 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,082,000
Deposit, UAE resident (20%): AED 216,400
Deposit, non-resident (40%): AED 432,800
Monthly over 25 years at 3.7%: AED 4,427

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