2503, Merano Tower
Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2503, Merano Tower
What is 2503 worth today?
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Source: Dubai Land Department. Updated 19 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 670 sqft
- Floor
- 25th of 29
- Parking
- B2-066
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,700 /yr
- Last sold
- AED 900K · April 2023
- Building
- Merano Tower
About 2503, Merano Tower
2503 is a one-bedroom apartment of 670 sqft on the 25th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 5 April 2023 for AED 900,000, or AED 1,343 per sqft, 6% below the AED 1,433 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 19 September 2026, is AED 72,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 2503 over time
2503 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Merano Tower, and where 2503 sits
All 397 1-beds →2503 last sold in April 2023 at AED 1,343 per sqft, 6% below what one-beds in Merano Tower were fetching at the time (AED 1,433). Over the last 12 months one-beds sold for AED 924,900 to 1,200,000, around AED 1,556 per sqft, and rent for AED 48,000 to 126,000 a year. 2503's AED 72,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 668 sqft | 1,040,000 | 1,556 | ||
| 28 Sep 202628 September 2026 | 670 sqft | 1,000,000 | 1,492 | ||
| 28 Sep 202628 September 2026 | 668 sqft | 1,000,000 | 1,497 | ||
| 18 Sep 202618 September 2026 | 668 sqft | 990,000 | 1,482 |
Merano Tower
Building574 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%
Other units on the 25th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 616 sqft | AED 981KAED 981,000 · Nov 2017November 2017 | ||
| 2502 | 1-bed | 663 sqft | AED 1.1MAED 1,098,000 · Oct 2019October 2019 | 80,000 /yr | |
| 2504 | Studio | 398 sqft | AED 716KAED 716,000 · Jul 2017July 2017 | 50,000 /yr | |
| 2505 | 1-bed | 669 sqft | AED 1.06MAED 1,061,000 · May 2017May 2017 | 65,000 /yr | |
| 2506 | Studio | 331 sqft | AED 617KAED 617,000 · Dec 2020December 2020 | 48,000 /yr | |
| 2507 | 1-bed | 668 sqft | AED 1.06MAED 1,061,000 · Jul 2017July 2017 | 62,000 /yr | |
| 2508 | 1-bed | 771 sqft | AED 1.23MAED 1,232,000 · Jul 2017July 2017 | 80,000 /yr | |
| 2509 | 1-bed | 635 sqft | AED 1.02MAED 1,018,000 · Jul 2017July 2017 | 67,000 /yr | |
| 2510 | 1-bed | 644 sqft | AED 1.02MAED 1,018,000 · Jul 2017July 2017 | ||
| 2511 | 1-bed | 644 sqft | AED 1.07MAED 1,070,000 · Feb 2025February 2025 | 61,000 /yr | |
| 2512 | 1-bed | 644 sqft | AED 958KAED 958,000 · Jun 2022June 2022 | 68,571 /yr | |
| 2513 | 2-bed | 891 sqft | AED 1.48MAED 1,480,000 · Jul 2024July 2024 | 120,000 /yr | |
| 2514 | 2-bed | 956 sqft | AED 1.38MAED 1,380,000 · Nov 2021November 2021 | 83,000 /yr | |
| 2515 | 2-bed | 993 sqft | AED 1.43MAED 1,425,000 · Feb 2025February 2025 | 105,000 /yr | |
| 2516 | 1-bed | 332 sqft | AED 500KAED 500,000 · Jan 2023January 2023 | 68,000 /yr | |
| 2517 | 3-bed | 1,455 sqft | AED 3.01MAED 3,008,000 · Jan 2025January 2025 | 115,000 /yr | |
| 2518 | 1-bed | 668 sqft | AED 1MAED 1,000,000 · Oct 2023October 2023 | 80,000 /yr | |
| 2519 | 1-bed | 668 sqft | AED 1.16MAED 1,164,240 · Nov 2022November 2022 | ||
| 2520 | Studio | 334 sqft | AED 523KAED 523,000 · Dec 2021December 2021 | 65,000 /yr |
2503, Merano Tower in numbers
- Sold twice: first on 28 March 2021 for AED 1,160,000, last on 5 April 2023 for AED 900,000 (AED 1,343 per sqft).
- Rented since April 2023 on 4 Ejari contracts, from AED 80,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 12,700 a year (AED 19.02 per sqft).
- One-beds in Merano Tower sold for AED 924,900–1,200,000 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 19 September 2026.
Questions about 2503, Merano Tower
What did unit 2503 last sell for?
AED 900,000 on 5 April 2023: AED 1,343 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,160,000 in March 2021.
What is the rent for unit 2503?
AED 72,000 a year on the contract signed on 19 September 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since April 2023.
How big is unit 2503?
670 sqft (62.2 sqm): a one-bedroom apartment on the 25th floor of a 29-storey tower completed in 2020.
What is unit 2503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Merano Tower sold for AED 924,900 to 1,200,000 in the last 12 months, around AED 1,556 per sqft.
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Mortgage on 2503, Merano Tower
Starts from the last sale price (AED 900K, 5 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →