2-bed · 982 sqftMerano Tower, Business Bay · 17th floor · completed 2020

1715, Merano Tower

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1715 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1.58M5 March 2017
Current rentAED 95K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1715, Merano Tower

What is 1715 worth today?

Last sold for AED 1,578,000 in 2017

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1 May 2026RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
20 Jun 2025RentedNew contract
AED 110,266/yr6 months · AED 111 per sqft
20 Jun 2025RentedNew contract
AED 110,266/yr6 months · AED 111 per sqft
20 Nov 2024RentedNew contract
AED 110,250/yr7 months · AED 111 per sqft
20 Nov 2023RentedNew contract
AED 105,000/yr12 months · AED 106 per sqft
21 May 2022RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
28 Nov 2021RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft
5 Sep 2020RentedNew contract
AED 65,000/yr14 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
17th of 29
Parking
P1-001
Developer
DAMAC
Completed
2020
Service charge
AED 18,700 /yr
Last sold
AED 1.58M · March 2017
Building
Merano Tower

About 1715, Merano Tower

1715 is a two-bedroom apartment of 982 sqft on the 17th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 5 March 2017 for AED 1,578,000, or AED 1,606 per sqft, in line with the AED 1,592 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 1 May 2026, is AED 95,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1715 over time

Sales
Unit 1715, each saleTypical two-bed in Merano Tower
1.2M1.4M1.6M2016201920222025Typical 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, March 2017: AED 1,578,000 (AED 1,606 per sqft)

1715 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1715, each contractTypical two-bed in Merano Tower
75K100K2020202220242026Typical 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, September 2020: AED 65,000 a yearNew contract, November 2021: AED 75,000 a yearNew contract, May 2022: AED 80,000 a yearNew contract, November 2023: AED 105,000 a yearNew contract, November 2024: AED 110,250 a yearNew contract, June 2025: AED 110,266 a yearNew contract, June 2025: AED 110,266 a yearNew contract, May 2026: AED 95,000 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 1715 sits

All 84 2-beds →

1715 last sold in March 2017 at AED 1,606 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,592). 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. 1715's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20261,450,000
17 Aug 20261,220,000
9 Jul 20261,200,000
11 May 20261,125,000
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 17th floor

All 574 units in Merano Tower
Value
17011-bedAED 965K · Oct 2016
17021-bedAED 1.07M · Aug 2016
17031-bedAED 1.07M · Sep 2016
1704StudioAED 575K · Aug 2021
17051-bedAED 1.07M · Sep 2016
1706StudioAED 655K · Oct 2019
17071-bedAED 1.06M · Aug 2017
1–7 of 20

1715, Merano Tower in numbers

  • Sold once: by DAMAC on 5 March 2017 for AED 1,578,000, or AED 1,606 per sqft.
  • Rented since September 2020 on 8 Ejari contracts, from AED 65,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 18,700 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 1 May 2026.

Questions about 1715, Merano Tower

What did unit 1715 last sell for?

AED 1,578,000 on 5 March 2017, sold by the developer: AED 1,606 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 1715?

AED 95,000 a year on the contract signed on 1 May 2026. The previous contract, from June 2025, was AED 110,266; the unit has been rented since September 2020.

How big is unit 1715?

982 sqft (91.2 sqm): a two-bedroom apartment on the 17th floor of a 29-storey tower completed in 2020.

What is unit 1715 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 1715, Merano Tower

Starts from the last sale price (AED 1.58M, 5 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,578,000
Deposit, UAE resident (20%)
AED 315,600
Deposit, non-resident (40%)
AED 631,200
Monthly over 25 years at 3.7%
AED 6,456

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