415, Merano Tower
Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 415, Merano Tower
What is 415 worth today?
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Source: Dubai Land Department. Updated 12 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 991 sqft
- Floor
- 4th of 29
- Parking
- P1-031
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.58M · August 2016
- Building
- Merano Tower
About 415, Merano Tower
415 is a two-bedroom apartment of 991 sqft on the 4th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 18 August 2016 for AED 1,577,600, or AED 1,592 per sqft, in line with the AED 1,592 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 12 September 2025, is AED 105,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 18,800 a year.
Sales and rents for 415 over time
415 has sold once; the dashed line is the two-bed median of each year in the building.
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 415 sits
All 84 2-beds →415 last sold in August 2016 at AED 1,592 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. 415's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 4th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 616 sqft | AED 936KAED 935,971 · Jun 2016June 2016 | 65,000 /yr | |
| 402 | 1-bed | 663 sqft | AED 1.08MAED 1,076,000 · Dec 2018December 2018 | 70,000 /yr | |
| 403 | 1-bed | 670 sqft | AED 805KAED 805,000 · Mar 2021March 2021 | 72,000 /yr | |
| 404 | Studio | 398 sqft | AED 611KAED 610,850 · Jul 2016July 2016 | 50,000 /yr | |
| 405 | 1-bed | 669 sqft | AED 1.06MAED 1,060,000 · Feb 2025February 2025 | 70,000 /yr | |
| 406 | Studio | 327 sqft | AED 573KAED 573,000 · Sep 2019September 2019 | 62,000 /yr | |
| 407 | 1-bed | 668 sqft | AED 950KAED 950,000 · Dec 2023December 2023 | 75,000 /yr | |
| 408 | 1-bed | 771 sqft | AED 1.25MAED 1,253,000 · Mar 2022March 2022 | 70,000 /yr | |
| 409 | 1-bed | 644 sqft | AED 1MAED 1,003,950 · Aug 2018August 2018 | 74,000 /yr | |
| 410 | 1-bed | 644 sqft | AED 759KAED 758,520 · Jan 2021January 2021 | 65,000 /yr | |
| 411 | 1-bed | 644 sqft | AED 847KAED 846,720 · Mar 2022March 2022 | 80,000 /yr | |
| 412 | 1-bed | 644 sqft | AED 758KAED 757,540 · Jan 2021January 2021 | 75,000 /yr | |
| 413 | 2-bed | 891 sqft | AED 1.13MAED 1,125,000 · May 2026May 2026 | 90,000 /yr | |
| 414 | 2-bed | 956 sqft | AED 1.4MAED 1,400,000 · Sep 2024September 2024 | 104,420 /yr | |
| 416 | 1-bed | 662 sqft | AED 1.05MAED 1,052,000 · Apr 2017April 2017 | 78,000 /yr | |
| 417 | 1-bed | 668 sqft | AED 1.06MAED 1,057,000 · Feb 2019February 2019 | 79,000 /yr | |
| 418 | 1-bed | 668 sqft | AED 788KAED 787,920 · Jan 2021January 2021 | 73,000 /yr | |
| 419 | 1-bed | 668 sqft | AED 803KAED 803,000 · Jan 2021January 2021 | 80,000 /yr | |
| 420 | Studio | 334 sqft | AED 700KAED 700,000 · Oct 2024October 2024 | 57,000 /yr | |
| 417A | 1-bed | 753 sqft | AED 1.23MAED 1,234,000 · Nov 2019November 2019 | 75,202 /yr |
415, Merano Tower in numbers
- Sold once: by DAMAC on 18 August 2016 for AED 1,577,600, or AED 1,592 per sqft.
- Rented since April 2021 on 5 Ejari contracts, from AED 54,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2016 price is 6.7%, 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 12 September 2025.
Questions about 415, Merano Tower
What did unit 415 last sell for?
AED 1,577,600 on 18 August 2016, sold by the developer: AED 1,592 per sqft for 991 sqft. It is the only registered sale of the unit.
What is the rent for unit 415?
AED 105,000 a year on the contract signed on 12 September 2025. The previous contract, from June 2024, was AED 105,000; the unit has been rented since April 2021.
How big is unit 415?
991 sqft (92.1 sqm): a two-bedroom apartment on the 4th floor of a 29-storey tower completed in 2020.
What is unit 415 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 415, Merano Tower
Starts from the last sale price (AED 1.58M, 18 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,577,600
- Deposit, UAE resident (20%)
- AED 315,520
- Deposit, non-resident (40%)
- AED 631,040
- Monthly over 25 years at 3.7%
- AED 6,454
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →