1-bed · 644 sqftMerano Tower, Business Bay · 16th floor · completed 2020

1609, 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 February 2021, 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 1609 · DLD and Ejari recordsUpdated 23 October 2026

Last soldAED 869K14 February 2021

Current rentAED 65K /yr23 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1609, Merano Tower

Today

What is 1609 worth today?

Last sold for AED 869,400 in 2021

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23 Oct 2026

23 Oct 2026RentedNew contract

AED 65,000/yr12 months · AED 101 per sqft

12 Jun 2025

12 Jun 2025RentedNew contract

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

1 Jun 2024

1 Jun 2024RentedRenewal

AED 73,000/yr12 months · AED 113 per sqft

1 Jun 2023

1 Jun 2023RentedRenewal

AED 65,000/yr12 months · AED 101 per sqft

1 Jun 2022

1 Jun 2022RentedRenewal

AED 57,500/yr12 months · AED 89 per sqft

1 Jun 2021

1 Jun 2021RentedNew contract

AED 50,000/yr12 months · AED 77 per sqft

14 Feb 2021

14 Feb 2021Sold by developerReady

AED 869,400AED 1,350 per sqft

Source: Dubai Land Department. Updated 23 October 2026.

Key facts

Type: 1-bed apartment
Size: 644 sqft
Floor: 16th of 29
Parking: B1-091
Developer: DAMAC
Completed: 2020
Service charge: AED 12,200 /yr
Last sold: AED 869K · February 2021
Building: Merano Tower

About 1609, Merano Tower

1609 is a one-bedroom apartment of 644 sqft on the 16th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 14 February 2021 for AED 869,400, or AED 1,350 per sqft, 11% above the AED 1,220 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 23 October 2026, is AED 65,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1609 over time

Sales

Unit 1609, each saleTypical one-bed in Merano Tower

1609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1609, 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 1609 sits

All 397 1-beds →

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

1609 last sold in February 2021 at AED 1,350 per sqft, 11% above what one-beds in Merano Tower were fetching at the time (AED 1,220). 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. 1609'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 16th floor

All 574 units in Merano Tower


1601	1-bed	616 sqft	AED 1.01MAED 1,009,584 · Jun 2016June 2016	80,216 /yr
1602	1-bed	663 sqft	AED 1.07MAED 1,065,600 · Dec 2016December 2016	62,000 /yr
1603	1-bed	485 sqft	AED 1.11MAED 1,107,168 · Jun 2016June 2016	62,000 /yr
1604	Studio	398 sqft	AED 710KAED 710,000 · Feb 2024February 2024	70,810 /yr
1605	1-bed	669 sqft	AED 1MAED 1,000,000 · Oct 2025October 2025	86,000 /yr
1606	Studio	331 sqft	AED 435KAED 435,000 · Sep 2020September 2020	60,000 /yr
1607	1-bed	668 sqft	AED 1.06MAED 1,061,000 · May 2017May 2017	65,800 /yr
1608	1-bed	771 sqft	AED 1.23MAED 1,232,000 · Jul 2017July 2017	75,000 /yr
1610	1-bed	644 sqft	AED 750KAED 750,000 · Sep 2020September 2020
1611	1-bed	635 sqft	AED 986KAED 985,520 · Dec 2016December 2016
1612	1-bed	644 sqft	AED 1.12MAED 1,117,000 · Nov 2022November 2022	73,500 /yr
1613	2-bed	891 sqft	AED 1.38MAED 1,384,150 · May 2016May 2016	95,000 /yr
1614	2-bed	956 sqft	AED 1.13MAED 1,132,000 · Feb 2021February 2021	100,000 /yr
1615	2-bed	993 sqft	AED 1.45MAED 1,450,000 · Oct 2026October 2026	100,000 /yr
1616	1-bed	664 sqft	AED 1.21MAED 1,206,576 · May 2016May 2016	80,000 /yr
1617	3-bed	846 sqft	AED 2.37MAED 2,367,552 · Jun 2016June 2016	142,000 /yr
1618	1-bed	668 sqft	AED 1.18MAED 1,177,000 · Nov 2022November 2022	82,000 /yr
1619	1-bed	668 sqft	AED 973KAED 973,000 · Oct 2021October 2021
1620	Studio	334 sqft	AED 665KAED 665,000 · Sep 2019September 2019	50,000 /yr

1–7 of 19

1609, Merano Tower in numbers

Sold once: by DAMAC on 14 February 2021 for AED 869,400, or AED 1,350 per sqft.
Rented since June 2021 on 6 Ejari contracts, from AED 50,000 to AED 65,000 a year.
At AED 65,000 a year the gross yield on the 2021 price is 7.5%, 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 23 October 2026.

Questions about 1609, Merano Tower

What did unit 1609 last sell for?

AED 869,400 on 14 February 2021, sold by the developer: AED 1,350 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 65,000 a year on the contract signed on 23 October 2026. The previous contract, from June 2025, was AED 78,000; the unit has been rented since June 2021.

How big is unit 1609?

644 sqft (59.8 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2020.

What is unit 1609 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 1609, Merano Tower

Starts from the last sale price (AED 869K, 14 February 2021). Switch to today's estimate once you have unlocked it.

Price: AED 869,400
Deposit, UAE resident (20%): AED 173,880
Deposit, non-resident (40%): AED 347,760
Monthly over 25 years at 3.7%: AED 3,557

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