615, Merano Tower
Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 615, Merano Tower
What is 615 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 991 sqft
- Floor
- 6th of 29
- Parking
- P1-034
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.58M · April 2017
- Building
- Merano Tower
About 615, Merano Tower
615 is a two-bedroom apartment of 991 sqft on the 6th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 10 April 2017 for AED 1,577,600, or AED 1,592 per sqft, in line with the AED 1,592 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 105,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 18,800 a year.
Sales and rents for 615 over time
615 has sold once; the dashed line is the two-bed median of each year in the building.
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 615 sits
All 84 2-beds →615 last sold in April 2017 at AED 1,592 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,592). 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. 615's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Merano Tower
Building574 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%
Other units on the 6th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 616 sqft | AED 1.04MAED 1,040,000 · Dec 2022December 2022 | 67,000 /yr | |
| 602 | 1-bed | 663 sqft | AED 1.07MAED 1,066,000 · Jan 2017January 2017 | 75,000 /yr | |
| 603 | 1-bed | 485 sqft | AED 1.09MAED 1,091,664 · Jun 2016June 2016 | 72,804 /yr | |
| 604 | Studio | 398 sqft | AED 708KAED 708,000 · Aug 2022August 2022 | 55,000 /yr | |
| 605 | 1-bed | 669 sqft | AED 1.08MAED 1,077,000 · Mar 2024March 2024 | 51,750 /yr | |
| 606 | Studio | 331 sqft | AED 409KAED 408,750 · Nov 2020November 2020 | 64,000 /yr | |
| 607 | 1-bed | 668 sqft | AED 934KAED 933,888 · Jun 2016June 2016 | 61,000 /yr | |
| 608 | 1-bed | 771 sqft | AED 1.26MAED 1,258,000 · Jul 2017July 2017 | 80,000 /yr | |
| 609 | 1-bed | 644 sqft | AED 960KAED 960,000 · May 2024May 2024 | 65,000 /yr | |
| 610 | 1-bed | 644 sqft | AED 709KAED 709,244 · Sep 2020September 2020 | 72,000 /yr | |
| 611 | 1-bed | 644 sqft | AED 718KAED 718,000 · Jul 2020July 2020 | 70,000 /yr | |
| 612 | 1-bed | 644 sqft | AED 750KAED 750,000 · Sep 2022September 2022 | 78,000 /yr | |
| 613 | 2-bed | 891 sqft | AED 1.38MAED 1,380,000 · Nov 2025November 2025 | 97,150 /yr | |
| 614 | 2-bed | 956 sqft | AED 1.2MAED 1,200,000 · Jul 2026July 2026 | 115,000 /yr | |
| 616 | 1-bed | 662 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 75,000 /yr | |
| 617 | 1-bed | 668 sqft | AED 1.05MAED 1,047,420 · May 2019May 2019 | 65,000 /yr | |
| 618 | 1-bed | 668 sqft | AED 1.14MAED 1,138,760 · Nov 2022November 2022 | 85,000 /yr | |
| 619 | 1-bed | 668 sqft | AED 865KAED 865,000 · Jan 2023January 2023 | 83,000 /yr | |
| 620 | Studio | 334 sqft | AED 560KAED 559,968 · Aug 2016August 2016 | 65,000 /yr | |
| 617A | 1-bed | 753 sqft | AED 1.24MAED 1,235,000 · Mar 2022March 2022 | 100,000 /yr |
615, Merano Tower in numbers
- Sold once: by DAMAC on 10 April 2017 for AED 1,577,600, or AED 1,592 per sqft.
- Rented since September 2020 on 5 Ejari contracts, from AED 55,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2017 price is 6.7%, before a service charge of about AED 18,800 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 1 January 2026.
Questions about 615, Merano Tower
What did unit 615 last sell for?
AED 1,577,600 on 10 April 2017, sold by the developer: AED 1,592 per sqft for 991 sqft. It is the only registered sale of the unit.
What is the rent for unit 615?
AED 105,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 100,000; the unit has been rented since September 2020.
How big is unit 615?
991 sqft (92.1 sqm): a two-bedroom apartment on the 6th floor of a 29-storey tower completed in 2020.
What is unit 615 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 615, Merano Tower
Starts from the last sale price (AED 1.58M, 10 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,577,600
- Deposit, UAE resident (20%)
- AED 315,520
- Deposit, non-resident (40%)
- AED 631,040
- Monthly over 25 years at 3.7%
- AED 6,454
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →