2-bed · 993 sqftMerano Tower, Business Bay · 19th floor · completed 2020

1915, Merano Tower

Sold prices and rental history: sold once, by the developer in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1915 · DLD and Ejari recordsUpdated 5 January 2022
Last soldAED 1.32M5 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1915, Merano Tower

What is 1915 worth today?

Last sold for AED 1,319,080 in 2022

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5 Jan 2022Sold by developerReady
AED 1,319,080AED 1,327 per sqft

Source: Dubai Land Department. Updated 5 January 2022.

Key facts

Type
2-bed apartment
Size
993 sqft
Floor
19th of 29
Parking
B2-103, B2-104
Developer
DAMAC
Completed
2020
Service charge
AED 18,900 /yr
Last sold
AED 1.32M · January 2022
Building
Merano Tower

About 1915, Merano Tower

1915 is a two-bedroom apartment of 993 sqft on the 19th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 5 January 2022 for AED 1,319,080, or AED 1,327 per sqft, 3% above the AED 1,287 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1915 over time

Sales
Unit 1915, 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, January 2022: AED 1,319,080 (AED 1,327 per sqft)

1915 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1915, 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 100,000

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 1915 sits

All 84 2-beds →

1915 last sold in January 2022 at AED 1,327 per sqft, 3% above what two-beds in Merano Tower were fetching at the time (AED 1,287). 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.

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 19th floor

All 574 units in Merano Tower
Value
19011-bedAED 700K · Apr 2022
19021-bedAED 1.07M · Jan 2017
19031-bedAED 1.07M · Dec 2016
1904StudioAED 715K · Aug 2016
19051-bedAED 1.07M · Dec 2016
1906StudioAED 488K · Sep 2021
19071-bedAED 1.1M · May 2016
1–7 of 20

1915, Merano Tower in numbers

  • Sold once: by DAMAC on 5 January 2022 for AED 1,319,080, or AED 1,327 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 5 January 2022.

Questions about 1915, Merano Tower

What did unit 1915 last sell for?

AED 1,319,080 on 5 January 2022, sold by the developer: AED 1,327 per sqft for 993 sqft. It is the only registered sale of the unit.

How big is unit 1915?

993 sqft (92.3 sqm): a two-bedroom apartment on the 19th floor of a 29-storey tower completed in 2020.

What is unit 1915 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 1915, Merano Tower

Starts from the last sale price (AED 1.32M, 5 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,319,080
Deposit, UAE resident (20%)
AED 263,816
Deposit, non-resident (40%)
AED 527,632
Monthly over 25 years at 3.7%
AED 5,397

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