1-bed · 635 sqftMerano Tower, Business Bay · 16th floor · completed 2020

1611, 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 December 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1611 · DLD and Ejari recordsUpdated 6 December 2016

Last soldAED 986K6 December 2016

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1611, Merano Tower

Today

What is 1611 worth today?

Last sold for AED 985,520 in 2016

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6 Dec 2016

6 Dec 2016Sold by developerOff-plan

AED 985,520AED 1,551 per sqft

Source: Dubai Land Department. Updated 6 December 2016.

Key facts

Type: 1-bed apartment
Size: 635 sqft
Floor: 16th of 29
Parking: B1-093
Developer: DAMAC
Completed: 2020
Service charge: AED 12,100 /yr
Last sold: AED 986K · December 2016
Building: Merano Tower

About 1611, Merano Tower

1611 is a one-bedroom apartment of 635 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 6 December 2016 for AED 985,520, or AED 1,551 per sqft, 3% below the AED 1,600 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1611 over time

Sales

Unit 1611, each saleTypical one-bed in Merano Tower

1611 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1611, 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 1611 sits

All 397 1-beds →

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

1611 last sold in December 2016 at AED 1,551 per sqft, 3% below what one-beds in Merano Tower were fetching at the time (AED 1,600). 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.

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
1609	1-bed	644 sqft	AED 869KAED 869,400 · Feb 2021February 2021	65,000 /yr
1610	1-bed	644 sqft	AED 750KAED 750,000 · Sep 2020September 2020
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

1611, Merano Tower in numbers

Sold once: by DAMAC on 6 December 2016 for AED 985,520, or AED 1,551 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 6 December 2016.

Questions about 1611, Merano Tower

What did unit 1611 last sell for?

AED 985,520 on 6 December 2016, sold by the developer: AED 1,551 per sqft for 635 sqft. It is the only registered sale of the unit.

How big is unit 1611?

635 sqft (59.0 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2020.

What is unit 1611 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 1611, Merano Tower

Starts from the last sale price (AED 986K, 6 December 2016). Switch to today's estimate once you have unlocked it.

Price: AED 985,520
Deposit, UAE resident (20%): AED 197,104
Deposit, non-resident (40%): AED 394,208
Monthly over 25 years at 3.7%: AED 4,032

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