1-bed · 868 sqftMeera Tower, Business Bay · 15th floor · completed 2022

1503, Meera Tower

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.82M5 December 2022
Current rentAED 115K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Meera Tower

What is 1503 worth today?

Last sold for AED 1,822,352 in 2022

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1 Jul 2025RentedNew contract
AED 115,000/yr12 months · AED 134 per sqft
30 Mar 2024RentedNew contract
AED 110,000/yr12 months · AED 126 per sqft
28 Jul 2023RentedNew contract
AED 110,000/yr12 months · AED 126 per sqft
5 Dec 2022Sold by developerReady
AED 1,822,352AED 2,099 per sqft
13 Jul 2022RentedRenewal
AED 100,000/yr12 months · AED 115 per sqft
13 Jul 2021RentedRenewal
AED 100,000/yr12 months · AED 115 per sqft
13 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 116 per sqft
13 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
868 sqft
Floor
15th of 44
Parking
B-203
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 16,500 /yr
Last sold
AED 1.82M · December 2022
Building
Meera Tower

About 1503, Meera Tower

1503 is a one-bedroom apartment of 868 sqft on the 15th floor of Meera Tower, a 44-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. The developer sold it on 5 December 2022 for AED 1,822,352, or AED 2,099 per sqft, in line with the AED 2,099 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 1 July 2025, is AED 115,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 16,500 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical one-bed in Meera Tower
1.8M1.9M2M202220232024Typical sale price by year: 2022 AED 1,853,545; 2023 AED 2,000,000Sold by developer, December 2022: AED 1,822,352 (AED 2,099 per sqft)

1503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in Meera Tower
100K201820212024Typical rent by year: 2018 AED 100,112; 2019 AED 100,000; 2020 AED 100,000; 2021 AED 92,400; 2022 AED 92,400; 2023 AED 105,000; 2024 AED 115,000; 2025 AED 115,000Renewal, July 2019: AED 100,000 a yearRenewal, July 2020: AED 100,000 a yearRenewal, July 2021: AED 100,000 a yearRenewal, July 2022: AED 100,000 a yearNew contract, July 2023: AED 110,000 a yearNew contract, March 2024: AED 110,000 a yearNew contract, July 2025: AED 115,000 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 Meera Tower, and where 1503 sits

All 57 1-beds →

1503 last sold in December 2022 at AED 2,099 per sqft, in line with what one-beds in Meera Tower were fetching at the time (AED 2,099). 1503's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Jul 20251,760,000
17 Dec 20241,870,488
12 Jun 20241,655,607
17 Jul 20232,000,000
0 1-bed sales in the last 12 months

Meera Tower

Building

160 apartments, 1-bed to 4-bed over 44 floors in Business Bay, completed in 2022 by Al Habtoor City Real Estate Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 160K /yr
Typical yield
Meera Tower, Business Bay: prices, sales and rents →

Other units on the 15th floor

All 160 units in Meera Tower
Value
15012-bedAED 3.23M · Mar 2023
15042-bedAED 3.25M · Jan 2023
15051-bedAED 1.85M · Jan 2023
15071-bedAED 2M · Jan 2023
15092-bedAED 2.65M · Jan 2023

1503, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 5 December 2022 for AED 1,822,352, or AED 2,099 per sqft.
  • Rented since July 2019 on 7 Ejari contracts, from AED 100,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 16,500 a year (AED 18.99 per sqft).

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 1503, Meera Tower

What did unit 1503 last sell for?

AED 1,822,352 on 5 December 2022, sold by the developer: AED 2,099 per sqft for 868 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 115,000 a year on the contract signed on 1 July 2025. The previous contract, from March 2024, was AED 110,000; the unit has been rented since July 2019.

How big is unit 1503?

868 sqft (80.6 sqm): a one-bedroom apartment on the 15th floor of a 44-storey tower completed in 2022.

What is unit 1503 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 1503, Meera Tower

Starts from the last sale price (AED 1.82M, 5 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,822,352
Deposit, UAE resident (20%)
AED 364,470
Deposit, non-resident (40%)
AED 728,941
Monthly over 25 years at 3.7%
AED 7,456

Plus AED 81,549 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →