2-bed · 956 sqftMerano Tower, Business Bay · 24th floor · completed 2020

2414, Merano Tower

Sold prices and rental history: sold once, by the developer in April 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2414 · DLD and Ejari recordsUpdated 26 April 2017
Last soldAED 1.51M26 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2414, Merano Tower

What is 2414 worth today?

Last sold for AED 1,509,000 in 2017

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26 Apr 2017Sold by developerOff-plan
AED 1,509,000AED 1,578 per sqft

Source: Dubai Land Department. Updated 26 April 2017.

Key facts

Type
2-bed apartment
Size
956 sqft
Floor
24th of 29
Parking
P1-007
Developer
DAMAC
Completed
2020
Service charge
AED 18,200 /yr
Last sold
AED 1.51M · April 2017
Building
Merano Tower

About 2414, Merano Tower

2414 is a two-bedroom apartment of 956 sqft on the 24th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 26 April 2017 for AED 1,509,000, or AED 1,578 per sqft, in line with the AED 1,592 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2414 over time

Sales
Unit 2414, 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, April 2017: AED 1,509,000 (AED 1,578 per sqft)

2414 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2414, 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 2414 sits

All 84 2-beds →

2414 last sold in April 2017 at AED 1,578 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.

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 24th floor

All 574 units in Merano Tower
Value
24011-bedAED 600K · Dec 2019
24021-bedAED 980K · Aug 2024
24031-bedAED 1.07M · Jan 2017
24051-bedAED 1.1M · Dec 2024
2406StudioAED 581K · May 2016
24071-bedAED 730K · Jul 2022
24081-bedAED 915K · Sep 2022
1–7 of 18

2414, Merano Tower in numbers

  • Sold once: by DAMAC on 26 April 2017 for AED 1,509,000, or AED 1,578 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 26 April 2017.

Questions about 2414, Merano Tower

What did unit 2414 last sell for?

AED 1,509,000 on 26 April 2017, sold by the developer: AED 1,578 per sqft for 956 sqft. It is the only registered sale of the unit.

How big is unit 2414?

956 sqft (88.8 sqm): a two-bedroom apartment on the 24th floor of a 29-storey tower completed in 2020.

What is unit 2414 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 2414, Merano Tower

Starts from the last sale price (AED 1.51M, 26 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,509,000
Deposit, UAE resident (20%)
AED 301,800
Deposit, non-resident (40%)
AED 603,600
Monthly over 25 years at 3.7%
AED 6,174

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