2-bed · 991 sqftMerano Tower, Business Bay · 3rd floor · completed 2020

315, Merano Tower

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 1.6M18 July 2024
Current rentAED 100K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Merano Tower

What is 315 worth today?

Last sold for AED 1,600,000 in 2024

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1 Nov 2026RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
9 Oct 2025RentedRenewal
AED 120,000/yr12 months · AED 121 per sqft
9 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 121 per sqft
18 Jul 2024SoldReady
AED 1,600,000AED 1,614 per sqft
27 Jan 2023RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
16 Sep 2022Sold by developerReady
AED 1,579,760AED 1,594 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
991 sqft
Floor
3rd of 29
Parking
P1-029
Developer
DAMAC
Completed
2020
Service charge
AED 18,800 /yr
Last sold
AED 1.6M · July 2024
Building
Merano Tower

About 315, Merano Tower

315 is a two-bedroom apartment of 991 sqft on the 3rd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 18 July 2024 for AED 1,600,000, or AED 1,614 per sqft, in line with the AED 1,614 two-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 1 November 2026, is AED 100,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, September 2022: AED 1,579,760 (AED 1,594 per sqft)Sold, July 2024: AED 1,600,000 (AED 1,614 per sqft)

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

Rents
Unit 315, each contractTypical two-bed in Merano Tower
75K100K125K2020202220242026Typical 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 100,000New contract, January 2023: AED 90,000 a yearNew contract, October 2024: AED 120,000 a yearRenewal, October 2025: AED 120,000 a yearNew contract, November 2026: AED 100,000 a year

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 315 sits

All 84 2-beds →

315 last sold in July 2024 at AED 1,614 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,614). 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. 315's AED 100,000 is in the lower half of that range.

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 3rd floor

All 574 units in Merano Tower
Value
3011-bedAED 755K · Feb 2021
3021-bedAED 1.05M · Mar 2019
3031-bedAED 1.05M · Nov 2024
304StudioAED 720K · Jan 2025
3051-bedAED 950K · Sep 2020
306StudioAED 575K · Apr 2017
3071-bedAED 802K · Jan 2021
1–7 of 20

315, Merano Tower in numbers

  • Sold twice: first on 16 September 2022 for AED 1,579,760, last on 18 July 2024 for AED 1,600,000 (AED 1,614 per sqft).
  • Rented since January 2023 on 4 Ejari contracts, from AED 90,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 18,800 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 November 2026.

Questions about 315, Merano Tower

What did unit 315 last sell for?

AED 1,600,000 on 18 July 2024: AED 1,614 per sqft for 991 sqft. The unit has 2 registered sales; the first was AED 1,579,760 in September 2022.

What is the rent for unit 315?

AED 100,000 a year on the contract signed on 1 November 2026. The previous contract, from October 2025, was AED 120,000; the unit has been rented since January 2023.

How big is unit 315?

991 sqft (92.1 sqm): a two-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2020.

What is unit 315 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 315, Merano Tower

Starts from the last sale price (AED 1.6M, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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