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

519, Merano Tower

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 519 · DLD and Ejari recordsUpdated 6 October 2025
Last soldAED 1.09M16 November 2023
Current rentAED 83K /yr6 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 519, Merano Tower

What is 519 worth today?

Last sold for AED 1,085,000 in 2023

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6 Oct 2025RentedNew contract
AED 82,500/yr12 months · AED 124 per sqft
5 Oct 2025RentedRenewal
AED 93,000/yr2 months · AED 139 per sqft
5 Oct 2024RentedRenewal
AED 82,500/yr12 months · AED 124 per sqft
16 Nov 2023SoldReady
AED 1,085,000AED 1,623 per sqft
5 Oct 2023RentedRenewal
AED 82,500/yr12 months · AED 124 per sqft
3 Oct 2022RentedNew contract
AED 67,000/yr12 months · AED 100 per sqft
20 Sep 2020RentedNew contract
AED 42,000/yr12 months · AED 63 per sqft
4 Oct 2017Sold by developerOff-plan
AED 1,085,000AED 1,623 per sqft

Source: Dubai Land Department. Updated 6 October 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
5th of 29
Parking
B3-032
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.09M · November 2023
Building
Merano Tower

About 519, Merano Tower

519 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. It last sold on 16 November 2023 for AED 1,085,000, or AED 1,623 per sqft, 6% above the AED 1,537 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 6 October 2025, is AED 82,500 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 12,700 a year.

Sales and rents for 519 over time

Sales
Unit 519, 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, October 2017: AED 1,085,000 (AED 1,623 per sqft)Sold, November 2023: AED 1,085,000 (AED 1,623 per sqft)

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

Rents
Unit 519, each contractTypical one-bed in Merano Tower
50K75K100K2020202220242026Typical 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, September 2020: AED 42,000 a yearNew contract, October 2022: AED 67,000 a yearRenewal, October 2023: AED 82,500 a yearRenewal, October 2024: AED 82,500 a yearNew contract, October 2025: AED 82,500 a yearRenewal, October 2025: AED 93,000 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 519 sits

All 397 1-beds →

519 last sold in November 2023 at AED 1,623 per sqft, 6% above what one-beds in Merano Tower were fetching at the time (AED 1,537). 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. 519's AED 82,500 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

519, Merano Tower in numbers

  • Sold twice: first on 4 October 2017 for AED 1,085,000, last on 16 November 2023 for AED 1,085,000 (AED 1,623 per sqft).
  • Rented since September 2020 on 6 Ejari contracts, from AED 42,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2023 price is 7.6%, 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 6 October 2025.

Questions about 519, Merano Tower

What did unit 519 last sell for?

AED 1,085,000 on 16 November 2023: AED 1,623 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 1,085,000 in October 2017.

What is the rent for unit 519?

AED 82,500 a year on the contract signed on 6 October 2025. The previous contract, from October 2025, was AED 93,000; the unit has been rented since September 2020.

How big is unit 519?

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

What is unit 519 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 519, Merano Tower

Starts from the last sale price (AED 1.09M, 16 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,000
Deposit, UAE resident (20%)
AED 217,000
Deposit, non-resident (40%)
AED 434,000
Monthly over 25 years at 3.7%
AED 4,439

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