2504, Merano Tower
Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2504, Merano Tower
What is 2504 worth today?
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Source: Dubai Land Department. Updated 19 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 25th of 29
- Parking
- B4-008
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 716K · July 2017
- Building
- Merano Tower
About 2504, Merano Tower
2504 is a studio of 398 sqft on the 25th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 19 July 2017 for AED 716,000, or AED 1,799 per sqft, in line with the AED 1,762 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, signed on 19 October 2026, is AED 50,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 7,600 a year.
Sales and rents for 2504 over time
2504 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Merano Tower, and where 2504 sits
All 82 studios →2504 last sold in July 2017 at AED 1,799 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,762). 2504's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 381 sqft | 532,000 | 1,396 | ||
| 19 Sep 202519 September 2025 | 331 sqft | 584,259 | 1,764 | ||
| 8 Sep 20258 September 2025 | 334 sqft | 800,000 | 2,393 | ||
| 10 Jun 202510 June 2025 | 331 sqft | 790,000 | 2,386 |
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 | |
| 2503 | 1-bed | 670 sqft | AED 900KAED 900,000 · Apr 2023April 2023 | 72,000 /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 |
2504, Merano Tower in numbers
- Sold once: by DAMAC on 19 July 2017 for AED 716,000, or AED 1,799 per sqft.
- Rented since August 2020 on 9 Ejari contracts, from AED 35,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 7,600 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 19 October 2026.
Questions about 2504, Merano Tower
What did unit 2504 last sell for?
AED 716,000 on 19 July 2017, sold by the developer: AED 1,799 per sqft for 398 sqft. It is the only registered sale of the unit.
What is the rent for unit 2504?
AED 50,000 a year on the contract signed on 19 October 2026. The previous contract, from February 2026, was AED 65,000; the unit has been rented since August 2020.
How big is unit 2504?
398 sqft (37.0 sqm): a studio on the 25th floor of a 29-storey tower completed in 2020.
What is unit 2504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2504, Merano Tower
Starts from the last sale price (AED 716K, 19 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 716,000
- Deposit, UAE resident (20%)
- AED 143,200
- Deposit, non-resident (40%)
- AED 286,400
- Monthly over 25 years at 3.7%
- AED 2,929
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →