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2-bed · 993 sqftMerano Tower, Business Bay · 16th floor · completed 2020

1615, Merano Tower

Sold prices and rental history: sold 4 times, last in October 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1615 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 1.45M15 October 2026
Current rentAED 100K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1615, Merano Tower

What is 1615 worth today?

Last sold for AED 1,450,000 in 2026

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15 Oct 2026SoldReady
AED 1,450,000AED 1,459 per sqft
20 Apr 2026RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
19 Apr 2026RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
14 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 121 per sqft
29 Aug 2025SoldReady
AED 1,300,000AED 1,308 per sqft
10 Sep 2023RentedRenewal
AED 93,500/yr12 months · AED 94 per sqft
10 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 86 per sqft
27 Jul 2021RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
993 sqft
Floor
16th of 29
Parking
P1-016
Developer
DAMAC
Completed
2020
Service charge
AED 18,900 /yr
Last sold
AED 1.45M · October 2026
Building
Merano Tower

About 1615, Merano Tower

1615 is a two-bedroom apartment of 993 sqft on the 16th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 15 October 2026 for AED 1,450,000, or AED 1,459 per sqft, in line with the AED 1,504 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 20 April 2026, is AED 100,000 a year: a gross yield of 6.9% on the 2026 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1615 over time

Sales
Unit 1615, each saleTypical two-bed in Merano Tower
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,508,900; 2017 AED 1,509,000; 2018 AED 1,416,000; 2019 AED 1,525,000; 2020 AED 1,169,783; 2021 AED 1,171,100; 2022 AED 1,292,540; 2023 AED 1,550,000; 2024 AED 1,477,500; 2025 AED 1,425,000; 2026 AED 1,310,000Sold by developer, November 2016: AED 1,577,600 (AED 1,606 per sqft)Sold, July 2021: AED 1,000,000 (AED 1,006 per sqft)Sold, August 2025: AED 1,300,000 (AED 1,308 per sqft)Sold, October 2026: AED 1,450,000 (AED 1,459 per sqft)

1615 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1615, each contractTypical two-bed in Merano Tower
75K100K125K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 105,000; 2026 AED 100,000New contract, January 2021: AED 73,000 a yearNew contract, July 2021: AED 70,000 a yearNew contract, September 2022: AED 85,000 a yearRenewal, September 2023: AED 93,500 a yearNew contract, September 2025: AED 120,000 a yearNew contract, April 2026: AED 100,000 a yearNew contract, April 2026: AED 100,000 a year

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 1615 sits

All 84 2-beds →

1615 last sold in October 2026 at AED 1,459 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,504). 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. 1615's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Aug 20261,220,000
9 Jul 20261,200,000
11 May 20261,125,000
17 Mar 20261,400,000
12 2-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
Value
16011-bedAED 1.01M · Jun 2016
16021-bedAED 1.07M · Dec 2016
16031-bedAED 1.11M · Jun 2016
1604StudioAED 710K · Feb 2024
16051-bedAED 1M · Oct 2025
1606StudioAED 435K · Sep 2020
16071-bedAED 1.06M · May 2017
1–7 of 19

1615, Merano Tower in numbers

  • Sold 4 times: first on 6 November 2016 for AED 1,577,600, last on 15 October 2026 for AED 1,450,000 (AED 1,459 per sqft).
  • Rented since January 2021 on 7 Ejari contracts, from AED 73,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2026 price is 6.9%, 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 15 October 2026.

Questions about 1615, Merano Tower

What did unit 1615 last sell for?

AED 1,450,000 on 15 October 2026: AED 1,459 per sqft for 993 sqft. The unit has 4 registered sales; the first was AED 1,577,600 in November 2016.

What is the rent for unit 1615?

AED 100,000 a year on the contract signed on 20 April 2026. The previous contract, from April 2026, was AED 100,000; the unit has been rented since January 2021.

How big is unit 1615?

993 sqft (92.3 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2020.

What is unit 1615 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 1615, Merano Tower

Starts from the last sale price (AED 1.45M, 15 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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