2-bed · 956 sqftMerano Tower, Business Bay · 28th floor · completed 2020

2814, 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 once, by the developer in January 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2814 · DLD and Ejari recordsUpdated 1 October 2024

Last soldAED 1.54M20 January 2019

Current rentAED 95K /yr1 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2814, Merano Tower

Today

What is 2814 worth today?

Last sold for AED 1,544,000 in 2019

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1 Oct 2024

1 Oct 2024RentedRenewal

AED 95,000/yr12 months · AED 99 per sqft

1 Oct 2023

1 Oct 2023RentedRenewal

AED 85,050/yr12 months · AED 89 per sqft

1 Oct 2022

1 Oct 2022RentedRenewal

AED 81,000/yr12 months · AED 85 per sqft

1 Oct 2021

1 Oct 2021RentedRenewal

AED 73,500/yr12 months · AED 77 per sqft

1 Oct 2020

1 Oct 2020RentedNew contract

AED 70,000/yr12 months · AED 73 per sqft

20 Jan 2019

20 Jan 2019Sold by developerOff-plan

AED 1,544,000AED 1,615 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type: 2-bed apartment
Size: 956 sqft
Floor: 28th of 29
Parking: B3-110, B3-111
Developer: DAMAC
Completed: 2020
Service charge: AED 18,200 /yr
Last sold: AED 1.54M · January 2019
Building: Merano Tower

About 2814, Merano Tower

2814 is a two-bedroom apartment of 956 sqft on the 28th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 20 January 2019 for AED 1,544,000, or AED 1,615 per sqft, in line with the AED 1,593 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 95,000 a year: a gross yield of 6.2% on the 2019 price, before the service charge of about AED 18,200 a year.

Sales and rents for 2814 over time

Sales

Unit 2814, each saleTypical two-bed in Merano Tower

2814 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2814, 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 2814 sits

All 84 2-beds →

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

2814 last sold in January 2019 at AED 1,615 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,593). 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. 2814's AED 95,000 is in the lower 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 28th floor

All 574 units in Merano Tower


2801	1-bed	616 sqft	AED 1.04MAED 1,036,000 · Mar 2019March 2019	72,000 /yr
2802	1-bed	670 sqft	AED 1MAED 1,000,000 · Aug 2023August 2023	80,000 /yr
2803	1-bed	670 sqft	AED 700KAED 700,000 · Nov 2020November 2020	62,000 /yr
2804	Studio	398 sqft	AED 618KAED 618,450 · Dec 2017December 2017	60,000 /yr
2805	1-bed	669 sqft	AED 1.05MAED 1,050,000 · Jan 2024January 2024	58,000 /yr
2806	Studio	327 sqft	AED 508KAED 508,400 · Feb 2018February 2018	65,000 /yr
2807	1-bed	668 sqft	AED 1.1MAED 1,100,000 · May 2024May 2024	65,000 /yr
2808	1-bed	771 sqft	AED 1.29MAED 1,287,000 · Mar 2022March 2022	100,000 /yr
2809	1-bed	635 sqft	AED 1.06MAED 1,063,000 · Mar 2019March 2019	70,000 /yr
2810	1-bed	644 sqft	AED 945KAED 945,000 · Apr 2026April 2026	75,000 /yr
2811	1-bed	644 sqft	AED 900KAED 900,000 · Nov 2024November 2024	85,000 /yr
2812	1-bed	644 sqft	AED 1.1MAED 1,100,000 · Oct 2025October 2025	74,586 /yr
2813	2-bed	891 sqft	AED 1.08MAED 1,080,000 · Jan 2021January 2021	95,000 /yr
2815	2-bed	982 sqft	AED 1.57MAED 1,569,000 · Oct 2018October 2018	85,000 /yr
2816	1-bed	657 sqft	AED 1.07MAED 1,074,000 · Dec 2017December 2017	80,000 /yr
2817	1-bed	668 sqft	AED 1.08MAED 1,084,000 · Apr 2019April 2019	75,000 /yr
2818	1-bed	668 sqft	AED 1.09MAED 1,092,960 · Feb 2018February 2018	70,000 /yr
2819	1-bed	668 sqft	AED 1.09MAED 1,093,950 · Apr 2018April 2018	68,000 /yr
2820	Studio	334 sqft	AED 607KAED 607,000 · Dec 2017December 2017	60,000 /yr
2817A	1-bed	753 sqft	AED 1.05MAED 1,050,000 · Feb 2022February 2022	82,000 /yr

1–7 of 20

2814, Merano Tower in numbers

Sold once: by DAMAC on 20 January 2019 for AED 1,544,000, or AED 1,615 per sqft.
Rented since October 2020 on 5 Ejari contracts, from AED 70,000 to AED 95,000 a year.
At AED 95,000 a year the gross yield on the 2019 price is 6.2%, before a service charge of about AED 18,200 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 1 October 2024.

Questions about 2814, Merano Tower

What did unit 2814 last sell for?

AED 1,544,000 on 20 January 2019, sold by the developer: AED 1,615 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 2814?

AED 95,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 85,050; the unit has been rented since October 2020.

How big is unit 2814?

956 sqft (88.8 sqm): a two-bedroom apartment on the 28th floor of a 29-storey tower completed in 2020.

What is unit 2814 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 2814, Merano Tower

Starts from the last sale price (AED 1.54M, 20 January 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,544,000
Deposit, UAE resident (20%): AED 308,800
Deposit, non-resident (40%): AED 617,600
Monthly over 25 years at 3.7%: AED 6,317

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