1-bed · 668 sqftMerano Tower, Business Bay · 5th floor · completed 2020

518, Merano Tower

Sold prices and rental history: sold once, by the developer in August 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 30 December 2025
Last soldAED 732K20 August 2020
Current rentAED 80K /yr30 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Merano Tower

What is 518 worth today?

Last sold for AED 732,000 in 2020

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30 Dec 2025RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
1 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
1 Nov 2023RentedRenewal
AED 68,000/yr12 months · AED 102 per sqft
1 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
1 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 67 per sqft
1 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
20 Aug 2020Sold by developerReady
AED 732,000AED 1,096 per sqft

Source: Dubai Land Department. Updated 30 December 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
5th of 29
Parking
B3-031
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 732K · August 2020
Building
Merano Tower

About 518, Merano Tower

518 is a one-bedroom apartment of 668 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 20 August 2020 for AED 732,000, or AED 1,096 per sqft, 32% below the AED 1,608 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 30 December 2025, is AED 80,000 a year: a gross yield of 10.9% on the 2020 price, before the service charge of about AED 12,700 a year.

Sales and rents for 518 over time

Sales
Unit 518, each saleTypical one-bed in Merano Tower
800K1M2016201920222025Typical sale price by year: 2016 AED 1,061,015; 2017 AED 1,061,000; 2018 AED 1,069,110; 2019 AED 1,098,000; 2020 AED 995,000; 2021 AED 805,000; 2022 AED 982,000; 2023 AED 970,000; 2024 AED 1,100,000; 2025 AED 1,060,000; 2026 AED 1,075,000Sold by developer, August 2020: AED 732,000 (AED 1,096 per sqft)

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

Rents
Unit 518, each contractTypical one-bed in Merano Tower
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 48,000; 2022 AED 59,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 75,000New contract, November 2020: AED 45,000 a yearRenewal, November 2021: AED 45,000 a yearNew contract, November 2022: AED 60,000 a yearRenewal, November 2023: AED 68,000 a yearNew contract, December 2024: AED 80,000 a yearNew contract, December 2025: AED 80,000 a year

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 518 sits

All 397 1-beds →

518 last sold in August 2020 at AED 1,096 per sqft, 32% below 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. 518's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 20261,040,000
28 Sep 20261,000,000
28 Sep 20261,000,000
18 Sep 2026990,000
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
Value
5011-bedAED 965K · Nov 2016
5021-bedAED 738K · Sep 2020
5031-bedAED 1.08M · May 2020
504StudioAED 632K · Jun 2020
5051-bedAED 1.06M · Oct 2017
506StudioAED 660K · May 2023
5071-bedAED 1.02M · Jun 2016
1–7 of 19

518, Merano Tower in numbers

  • Sold once: by DAMAC on 20 August 2020 for AED 732,000, or AED 1,096 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 45,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 10.9%, before a service charge of about AED 12,700 a year (AED 19.02 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 30 December 2025.

Questions about 518, Merano Tower

What did unit 518 last sell for?

AED 732,000 on 20 August 2020, sold by the developer: AED 1,096 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 518?

AED 80,000 a year on the contract signed on 30 December 2025. The previous contract, from December 2024, was AED 80,000; the unit has been rented since November 2020.

How big is unit 518?

668 sqft (62.1 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower completed in 2020.

What is unit 518 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 518, Merano Tower

Starts from the last sale price (AED 732K, 20 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 732,000
Deposit, UAE resident (20%)
AED 146,400
Deposit, non-resident (40%)
AED 292,800
Monthly over 25 years at 3.7%
AED 2,995

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