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

1519, 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 August 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1519

Unit 1519 · DLD and Ejari recordsUpdated 24 September 2025

Last soldAED 1.06M1 August 2016

Current rentAED 90K /yr24 September 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1519

Property timeline for 1519, Merano Tower

Today

What is 1519 worth today?

Last sold for AED 1,061,015 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Sep 2025

24 Sep 2025RentedNew contract

AED 90,000/yr12 months · AED 135 per sqft

7 Oct 2024

7 Oct 2024RentedNew contract

AED 99,000/yr12 months · AED 148 per sqft

7 Oct 2023

7 Oct 2023RentedNew contract

AED 90,000/yr12 months · AED 135 per sqft

1 Oct 2022

1 Oct 2022RentedRenewal

AED 57,200/yr12 months · AED 86 per sqft

1 Oct 2021

1 Oct 2021RentedNew contract

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

15 Aug 2020

15 Aug 2020RentedNew contract

AED 47,077/yr13 months · AED 70 per sqft

1 Aug 2016

1 Aug 2016Sold by developerOff-plan

AED 1,061,015AED 1,587 per sqft

Source: Dubai Land Department. Updated 24 September 2025.

Key facts

Type: 1-bed apartment
Size: 668 sqft
Floor: 15th of 29
Parking: B1-084
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.06M · August 2016
Building: Merano Tower

About 1519, Merano Tower

1519 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 1 August 2016 for AED 1,061,015, or AED 1,587 per sqft, in line with the AED 1,608 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 24 September 2025, is AED 90,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1519 over time

Sales

Unit 1519, each saleTypical one-bed in Merano Tower

1519 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1519, 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 1519 sits

All 397 1-beds →

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

1519 last sold in August 2016 at AED 1,587 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,608). 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. 1519's AED 90,000 is in the upper 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
1518	1-bed	668 sqft	AED 1.08MAED 1,082,000 · Sep 2019September 2019	76,000 /yr
1520	Studio	334 sqft	AED 590KAED 590,000 · Feb 2020February 2020	52,000 /yr

1–7 of 19

1519, Merano Tower in numbers

Sold once: by DAMAC on 1 August 2016 for AED 1,061,015, or AED 1,587 per sqft.
Rented since August 2020 on 6 Ejari contracts, from AED 47,077 to AED 90,000 a year.
At AED 90,000 a year the gross yield on the 2016 price is 8.5%, 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 24 September 2025.

Questions about 1519, Merano Tower

What did unit 1519 last sell for?

AED 1,061,015 on 1 August 2016, sold by the developer: AED 1,587 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 1519?

AED 90,000 a year on the contract signed on 24 September 2025. The previous contract, from October 2024, was AED 99,000; the unit has been rented since August 2020.

How big is unit 1519?

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

What is unit 1519 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.

Selling 1519? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1519, Merano Tower

Starts from the last sale price (AED 1.06M, 1 August 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,061,015
Deposit, UAE resident (20%): AED 212,203
Deposit, non-resident (40%): AED 424,406
Monthly over 25 years at 3.7%: AED 4,341

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