2-bed · 993 sqftMerano Tower, Business Bay · 21st floor · completed 2020

2115, 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 twice, last in July 2023, and rented once, from May 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2115 · DLD and Ejari recordsUpdated 17 July 2023

Last soldAED 2.05M17 July 2023

Current rentAED 118K /yr12 May 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2115, Merano Tower

Today

What is 2115 worth today?

Last sold for AED 2,050,000 in 2023

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17 Jul 2023

17 Jul 2023SoldReady

AED 2,050,000AED 2,063 per sqft

12 May 2022

12 May 2022RentedNew contract

AED 118,000/yr12 months · AED 119 per sqft

20 Dec 2021

20 Dec 2021Sold by developerReady

AED 1,397,000AED 1,406 per sqft

Source: Dubai Land Department. Updated 17 July 2023.

Key facts

Type: 2-bed apartment
Size: 993 sqft
Floor: 21st of 29
Parking: B2-101, B2-102
Developer: DAMAC
Completed: 2020
Service charge: AED 18,900 /yr
Last sold: AED 2.05M · July 2023
Building: Merano Tower

About 2115, Merano Tower

2115 is a two-bedroom apartment of 993 sqft on the 21st floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 17 July 2023 for AED 2,050,000, or AED 2,063 per sqft, 33% above the AED 1,554 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 May 2022. The current contract, signed on 12 May 2022, is AED 118,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 18,900 a year.

Sales and rents for 2115 over time

Sales

Unit 2115, each saleTypical two-bed in Merano Tower

2115 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2115, each contractTypical two-bed in Merano Tower

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 2115 sits

All 84 2-beds →

2-beds in Merano Tower · last 12 months1,504 /sqft Merano Tower · all types1,555 /sqft

2115 last sold in July 2023 at AED 2,063 per sqft, 33% above what two-beds in Merano Tower were fetching at the time (AED 1,554). 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. 2115's AED 118,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
15 Oct 202615 October 2026	993 sqft	1,450,000	1,459
17 Aug 202617 August 2026	969 sqft	1,220,000	1,259
9 Jul 20269 July 2026	956 sqft	1,200,000	1,255
11 May 202611 May 2026	891 sqft	1,125,000	1,262

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 21st floor

All 574 units in Merano Tower


2101	1-bed	616 sqft	AED 1.09MAED 1,090,740 · Nov 2022November 2022	90,000 /yr
2102	1-bed	670 sqft	AED 700KAED 700,000 · Oct 2020October 2020	78,000 /yr
2103	1-bed	670 sqft	AED 908KAED 908,100 · Jun 2020June 2020
2104	Studio	398 sqft	AED 567KAED 567,420 · Dec 2021December 2021	51,000 /yr
2105	1-bed	669 sqft	AED 1.06MAED 1,059,200 · Aug 2016August 2016	66,000 /yr
2106	Studio	331 sqft	AED 670KAED 670,000 · Jul 2023July 2023	51,560 /yr
2107	1-bed	668 sqft	AED 1.09MAED 1,089,840 · May 2016May 2016	63,000 /yr
2108	1-bed	771 sqft	AED 1.22MAED 1,217,600 · Aug 2016August 2016	85,000 /yr
2109	1-bed	644 sqft	AED 980KAED 980,000 · Jun 2016June 2016
2110	1-bed	635 sqft	AED 1.28MAED 1,276,800 · Jul 2016July 2016	75,000 /yr
2111	1-bed	644 sqft	AED 955KAED 955,000 · Nov 2021November 2021	39,893 /yr
2112	1-bed	349 sqft	AED 980KAED 980,000 · Jun 2016June 2016
2113	2-bed	891 sqft	AED 1.1MAED 1,100,000 · Mar 2022March 2022	115,000 /yr
2114	2-bed	956 sqft	AED 1.52MAED 1,521,216 · Jun 2016June 2016	95,000 /yr
2116	1-bed	664 sqft	AED 1.1MAED 1,095,000 · May 2024May 2024	92,000 /yr
2117	1-bed	668 sqft	AED 1.07MAED 1,073,000 · Aug 2018August 2018	95,000 /yr
2118	1-bed	668 sqft	AED 1.08MAED 1,079,000 · Dec 2016December 2016	85,000 /yr
2119	1-bed	668 sqft	AED 1.07MAED 1,065,600 · Dec 2016December 2016	78,000 /yr
2120	Studio	334 sqft	AED 569KAED 569,088 · Aug 2016August 2016	72,000 /yr
2117A	1-bed	753 sqft	AED 1.25MAED 1,253,000 · Nov 2019November 2019	68,000 /yr

1–7 of 20

2115, Merano Tower in numbers

Sold twice: first on 20 December 2021 for AED 1,397,000, last on 17 July 2023 for AED 2,050,000 (AED 2,063 per sqft).
Rented since May 2022 on one Ejari contract, at AED 118,000 a year.
At AED 118,000 a year the gross yield on the 2023 price is 5.8%, 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 17 July 2023.

Questions about 2115, Merano Tower

What did unit 2115 last sell for?

AED 2,050,000 on 17 July 2023: AED 2,063 per sqft for 993 sqft. The unit has 2 registered sales; the first was AED 1,397,000 in December 2021.

What is the rent for unit 2115?

AED 118,000 a year on the contract signed on 12 May 2022.

How big is unit 2115?

993 sqft (92.3 sqm): a two-bedroom apartment on the 21st floor of a 29-storey tower completed in 2020.

What is unit 2115 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 2115, Merano Tower

Starts from the last sale price (AED 2.05M, 17 July 2023). Switch to today's estimate once you have unlocked it.

Price: AED 2,050,000
Deposit, UAE resident (20%): AED 410,000
Deposit, non-resident (40%): AED 820,000
Monthly over 25 years at 3.7%: AED 8,387

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