2-bed · 956 sqftMerano Tower, Business Bay · 5th floor · completed 2020

514, 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 July 2016, 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 514 · DLD and Ejari recordsUpdated 23 March 2026

Last soldAED 1.51M26 July 2016

Current rentAED 105K /yr23 March 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 514, Merano Tower

Today

What is 514 worth today?

Last sold for AED 1,508,800 in 2016

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23 Mar 2026

23 Mar 2026RentedRenewal

AED 105,000/yr12 months · AED 110 per sqft

23 Mar 2025

23 Mar 2025RentedRenewal

AED 105,000/yr12 months · AED 110 per sqft

23 Mar 2025

23 Mar 2025RentedRenewal

AED 105,000/yr12 months · AED 110 per sqft

23 Mar 2024

23 Mar 2024RentedNew contract

AED 100,000/yr12 months · AED 104 per sqft

14 Feb 2023

14 Feb 2023RentedNew contract

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

11 Jun 2020

11 Jun 2020RentedNew contract

AED 118,000/yr12 months · AED 123 per sqft

26 Jul 2016

26 Jul 2016Sold by developerOff-plan

AED 1,508,800AED 1,578 per sqft

Source: Dubai Land Department. Updated 23 March 2026.

Key facts

Type: 2-bed apartment
Size: 956 sqft
Floor: 5th of 29
Parking: P1-032
Developer: DAMAC
Completed: 2020
Service charge: AED 18,200 /yr
Last sold: AED 1.51M · July 2016
Building: Merano Tower

About 514, Merano Tower

514 is a two-bedroom apartment of 956 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 26 July 2016 for AED 1,508,800, or AED 1,578 per sqft, in line with the AED 1,591 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 23 March 2026, is AED 105,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 18,200 a year.

Sales and rents for 514 over time

Sales

Unit 514, each saleTypical two-bed in Merano Tower

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

Rents

Unit 514, 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 514 sits

All 84 2-beds →

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

514 last sold in July 2016 at AED 1,578 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,591). 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. 514's AED 105,000 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 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
511	1-bed	644 sqft	AED 1.05MAED 1,050,624 · Jun 2016June 2016
513	2-bed	891 sqft	AED 1MAED 1,000,000 · Nov 2020November 2020	115,000 /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

514, Merano Tower in numbers

Sold once: by DAMAC on 26 July 2016 for AED 1,508,800, or AED 1,578 per sqft.
Rented since June 2020 on 6 Ejari contracts. The rent fell from AED 118,000 to AED 95,000 in 2023 and recovered to AED 105,000 by March 2026.
At AED 105,000 a year the gross yield on the 2016 price is 7.0%, 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 23 March 2026.

Questions about 514, Merano Tower

What did unit 514 last sell for?

AED 1,508,800 on 26 July 2016, sold by the developer: AED 1,578 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 105,000 a year on the contract renewed on 23 March 2026. The previous contract, from March 2025, was AED 105,000; the unit has been rented since June 2020.

How big is unit 514?

956 sqft (88.8 sqm): a two-bedroom apartment on the 5th floor of a 29-storey tower completed in 2020.

What is unit 514 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 514, Merano Tower

Starts from the last sale price (AED 1.51M, 26 July 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,508,800
Deposit, UAE resident (20%): AED 301,760
Deposit, non-resident (40%): AED 603,520
Monthly over 25 years at 3.7%: AED 6,173

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