2-bed · 956 sqftMerano Tower, Business Bay · 7th floor · completed 2020

714, Merano Tower

Sold prices and rental history: sold once, by the developer in December 2016, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 1.51M8 December 2016
Current rentAED 130K /yr16 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Merano Tower

What is 714 worth today?

Last sold for AED 1,509,000 in 2016

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16 Jun 2026RentedNew contract
AED 130,000/yr12 months · AED 136 per sqft
8 Dec 2016Sold by developerOff-plan
AED 1,509,000AED 1,578 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
2-bed apartment
Size
956 sqft
Floor
7th of 29
Parking
P1-008
Developer
DAMAC
Completed
2020
Service charge
AED 18,200 /yr
Last sold
AED 1.51M · December 2016
Building
Merano Tower

About 714, Merano Tower

714 is a two-bedroom apartment of 956 sqft on the 7th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 8 December 2016 for AED 1,509,000, or AED 1,578 per sqft, in line with the AED 1,592 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 June 2026. The current contract, signed on 16 June 2026, is AED 130,000 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 18,200 a year.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical two-bed in Merano Tower
1.2M1.4M1.6M2016201920222025Typical sale price by year: 2016 AED 1,508,900; 2017 AED 1,509,000; 2018 AED 1,416,000; 2019 AED 1,525,000; 2020 AED 1,169,783; 2021 AED 1,171,100; 2022 AED 1,292,540; 2023 AED 1,550,000; 2024 AED 1,477,500; 2025 AED 1,425,000; 2026 AED 1,310,000Sold by developer, December 2016: AED 1,509,000 (AED 1,578 per sqft)

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

Rents
Unit 714, each contractTypical two-bed in Merano Tower
100K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 105,000; 2026 AED 100,000New contract, June 2026: AED 130,000 a year

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 714 sits

All 84 2-beds →

714 last sold in December 2016 at AED 1,578 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. 714's AED 130,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20261,450,000
17 Aug 20261,220,000
9 Jul 20261,200,000
11 May 20261,125,000
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 7th floor

All 574 units in Merano Tower
Value
7011-bedAED 990K · Dec 2025
7021-bedAED 1.06M · Apr 2017
7031-bedAED 965K · Jul 2026
704StudioAED 709K · Sep 2022
7051-bedAED 1.06M · Apr 2017
706StudioAED 537K · Jun 2020
7071-bedAED 1.06M · Nov 2017
1–7 of 20

714, Merano Tower in numbers

  • Sold once: by DAMAC on 8 December 2016 for AED 1,509,000, or AED 1,578 per sqft.
  • Rented since June 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2016 price is 8.6%, 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 16 June 2026.

Questions about 714, Merano Tower

What did unit 714 last sell for?

AED 1,509,000 on 8 December 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 714?

AED 130,000 a year on the contract signed on 16 June 2026.

How big is unit 714?

956 sqft (88.8 sqm): a two-bedroom apartment on the 7th floor of a 29-storey tower completed in 2020.

What is unit 714 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 714, Merano Tower

Starts from the last sale price (AED 1.51M, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,509,000
Deposit, UAE resident (20%)
AED 301,800
Deposit, non-resident (40%)
AED 603,600
Monthly over 25 years at 3.7%
AED 6,174

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