Studio · 334 sqftMerano Tower, Business Bay · 5th floor · completed 2020

520, 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 May 2017, 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 520 · DLD and Ejari recordsUpdated 11 May 2017

Last soldAED 589K11 May 2017

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Today's valuefree after one verification

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Property timeline for 520, Merano Tower

Today

What is 520 worth today?

Last sold for AED 589,000 in 2017

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11 May 2017

11 May 2017Sold by developerOff-plan

AED 589,000AED 1,762 per sqft

Source: Dubai Land Department. Updated 11 May 2017.

Key facts

Type: Studio apartment
Size: 334 sqft
Floor: 5th of 29
Parking: B4-032
Developer: DAMAC
Completed: 2020
Service charge: AED 6,400 /yr
Last sold: AED 589K · May 2017
Building: Merano Tower

About 520, Merano Tower

520 is a studio of 334 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 11 May 2017 for AED 589,000, or AED 1,762 per sqft, in line with the AED 1,755 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 520 over time

Sales

Unit 520, each saleTypical studio in Merano Tower

520 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 520, each contractTypical studio in Merano Tower

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Merano Tower, and where 520 sits

All 82 studios →

Merano Tower · all types1,555 /sqft

520 last sold in May 2017 at AED 1,762 per sqft, in line with what studios in Merano Tower were fetching at the time (AED 1,755).

Recent studio sales	Size	Price (AED)	Per sqft
20 Oct 202520 October 2025	381 sqft	532,000	1,396
19 Sep 202519 September 2025	331 sqft	584,259	1,764
8 Sep 20258 September 2025	334 sqft	800,000	2,393
10 Jun 202510 June 2025	331 sqft	790,000	2,386

0 studio 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
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
517A	1-bed	753 sqft	AED 1.08MAED 1,075,000 · Aug 2023August 2023	60,000 /yr

1–7 of 19

520, Merano Tower in numbers

Sold once: by DAMAC on 11 May 2017 for AED 589,000, or AED 1,762 per sqft.

Source: Dubai Land Department. Updated 11 May 2017.

Questions about 520, Merano Tower

What did unit 520 last sell for?

AED 589,000 on 11 May 2017, sold by the developer: AED 1,762 per sqft for 334 sqft. It is the only registered sale of the unit.

How big is unit 520?

334 sqft (31.0 sqm): a studio on the 5th floor of a 29-storey tower completed in 2020.

What is unit 520 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 520, Merano Tower

Starts from the last sale price (AED 589K, 11 May 2017). Switch to today's estimate once you have unlocked it.

Price: AED 589,000
Deposit, UAE resident (20%): AED 117,800
Deposit, non-resident (40%): AED 235,600
Monthly over 25 years at 3.7%: AED 2,410

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