1-bed · 644 sqftMerano Tower, Business Bay · 5th floor · completed 2020

511, 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 June 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 511 · DLD and Ejari recordsUpdated 27 June 2016

Last soldAED 1.05M27 June 2016

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Today's valuefree after one verification

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Property timeline for 511, Merano Tower

Today

What is 511 worth today?

Last sold for AED 1,050,624 in 2016

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27 Jun 2016

27 Jun 2016Sold by developerOff-plan

AED 1,050,624AED 1,631 per sqft

Source: Dubai Land Department. Updated 27 June 2016.

Key facts

Type: 1-bed apartment
Size: 644 sqft
Floor: 5th of 29
Parking: B3-027
Developer: DAMAC
Completed: 2020
Service charge: AED 12,300 /yr
Last sold: AED 1.05M · June 2016
Building: Merano Tower

About 511, Merano Tower

511 is a one-bedroom apartment of 644 sqft on the 5th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 27 June 2016 for AED 1,050,624, or AED 1,631 per sqft, in line with the AED 1,608 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales

Unit 511, each saleTypical one-bed in Merano Tower

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

Rents

Unit 511, each contractTypical one-bed in Merano Tower

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 511 sits

All 397 1-beds →

1-beds in Merano Tower · last 12 months1,556 /sqft Merano Tower · all types1,555 /sqft

511 last sold in June 2016 at AED 1,631 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,608). 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.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

21 1-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 5th floor

All 574 units in Merano Tower


501	1-bed	154 sqft	AED 965KAED 964,800 · Nov 2016November 2016	76,000 /yr
502	1-bed	670 sqft	AED 738KAED 737,639 · Sep 2020September 2020	90,000 /yr
503	1-bed	670 sqft	AED 1.08MAED 1,076,000 · May 2020May 2020	80,000 /yr
504	Studio	398 sqft	AED 632KAED 632,000 · Jun 2020June 2020	60,000 /yr
505	1-bed	669 sqft	AED 1.06MAED 1,061,000 · Oct 2017October 2017	78,000 /yr
506	Studio	331 sqft	AED 660KAED 660,000 · May 2023May 2023	54,325 /yr
507	1-bed	668 sqft	AED 1.02MAED 1,022,607 · Jun 2016June 2016	62,000 /yr
508	1-bed	771 sqft	AED 1.05MAED 1,050,000 · Jul 2025July 2025	60,000 /yr
509	1-bed	635 sqft	AED 1.01MAED 1,014,400 · May 2017May 2017	69,242 /yr
510	1-bed	644 sqft	AED 959KAED 958,579 · Jun 2016June 2016	70,000 /yr
513	2-bed	891 sqft	AED 1MAED 1,000,000 · Nov 2020November 2020	115,000 /yr
514	2-bed	956 sqft	AED 1.51MAED 1,508,800 · Jul 2016July 2016	105,000 /yr
515	2-bed	991 sqft	AED 1.45MAED 1,450,000 · Oct 2023October 2023	90,000 /yr
516	1-bed	662 sqft	AED 727KAED 727,000 · Jul 2020July 2020	65,000 /yr
517	1-bed	668 sqft	AED 1.06MAED 1,057,000 · Aug 2018August 2018	68,000 /yr
518	1-bed	668 sqft	AED 732KAED 732,000 · Aug 2020August 2020	80,000 /yr
519	1-bed	668 sqft	AED 1.09MAED 1,085,000 · Nov 2023November 2023	82,500 /yr
520	Studio	334 sqft	AED 589KAED 589,000 · May 2017May 2017
517A	1-bed	753 sqft	AED 1.08MAED 1,075,000 · Aug 2023August 2023	60,000 /yr

1–7 of 19

511, Merano Tower in numbers

Sold once: by DAMAC on 27 June 2016 for AED 1,050,624, or AED 1,631 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 27 June 2016.

Questions about 511, Merano Tower

What did unit 511 last sell for?

AED 1,050,624 on 27 June 2016, sold by the developer: AED 1,631 per sqft for 644 sqft. It is the only registered sale of the unit.

How big is unit 511?

644 sqft (59.8 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower completed in 2020.

What is unit 511 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 511, Merano Tower

Starts from the last sale price (AED 1.05M, 27 June 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,050,624
Deposit, UAE resident (20%): AED 210,125
Deposit, non-resident (40%): AED 420,250
Monthly over 25 years at 3.7%: AED 4,298

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