1114, Merano Tower
Sold prices and rental history: sold once, by the developer in May 2016, 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 1114, Merano Tower
What is 1114 worth today?
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Source: Dubai Land Department. Updated 7 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 956 sqft
- Floor
- 11th of 29
- Parking
- P1-061,P1-062
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.51M · May 2016
- Building
- Merano Tower
About 1114, Merano Tower
1114 is a two-bedroom apartment of 956 sqft on the 11th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 24 May 2016 for AED 1,508,800, or AED 1,578 per sqft.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 7 May 2025, is AED 95,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1114 over time
1114 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 1114 sits
All 79 2-beds →Over the last 12 months two-beds sold for AED 1,200,000 to 1,500,000, around AED 1,559 per sqft, and rent for AED 99,225 to 135,000 a year. 1114's AED 95,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 891 sqft | 1,400,000 | 1,571 | ||
| 6 Jan 20266 January 2026 | 891 sqft | 1,200,000 | 1,346 | ||
| 29 Dec 202529 December 2025 | 891 sqft | 1,400,000 | 1,571 | ||
| 17 Dec 202517 December 2025 | 956 sqft | 1,500,000 | 1,569 |
Merano Tower
Building574 apartments, studios to 3-bed over 29 floors in Business Bay, completed in 2020 by DAMAC. 16 sold in the last 12 months.
- Typical price per sqft
- AED 1,571 Down 2.3%
- Typical sale
- AED 1.19M
- Typical rent
- AED 80K /yr
- Typical yield
- 7.9%
Other units on the 11th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 616 sqft | AED 990KAED 990,495 · Jun 2016June 2016 | 72,000 /yr | |
| 1102 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Jul 2016July 2016 | 74,000 /yr | |
| 1103 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Jul 2016July 2016 | 74,000 /yr | |
| 1104 | Studio | 398 sqft | AED 715KAED 715,000 · May 2024May 2024 | 68,000 /yr | |
| 1105 | 1-bed | 669 sqft | AED 1.38MAED 1,383,000 · Dec 2024December 2024 | ||
| 1106 | Studio | 327 sqft | AED 575KAED 575,000 · Sep 2019September 2019 | 60,000 /yr | |
| 1107 | 1-bed | 668 sqft | AED 690KAED 690,000 · Jun 2021June 2021 | 80,000 /yr | |
| 1108 | 1-bed | 771 sqft | AED 1.22MAED 1,217,600 · Dec 2016December 2016 | 86,000 /yr | |
| 1109 | 1-bed | 644 sqft | AED 1MAED 1,000,000 · May 2016May 2016 | 77,000 /yr | |
| 1110 | 1-bed | 644 sqft | AED 862KAED 862,433 · Apr 2022April 2022 | 80,000 /yr | |
| 1111 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Jan 2017January 2017 | 75,000 /yr | |
| 1112 | 1-bed | 644 sqft | AED 761KAED 761,460 · Jan 2021January 2021 | 80,000 /yr | |
| 1113 | 2-bed | 891 sqft | AED 1.51MAED 1,510,000 · Dec 2022December 2022 | 119,678 /yr | |
| 1115 | 2-bed | 991 sqft | AED 1.17MAED 1,172,325 · Dec 2020December 2020 | 75,000 /yr | |
| 1116 | 1-bed | 662 sqft | AED 1.02MAED 1,022,768 · Aug 2016August 2016 | 85,000 /yr | |
| 1117 | 1-bed | 668 sqft | AED 779KAED 779,100 · Jan 2021January 2021 | 75,000 /yr | |
| 1118 | 1-bed | 668 sqft | AED 1.17MAED 1,168,000 · Dec 2022December 2022 | ||
| 1119 | 1-bed | 668 sqft | AED 1.06MAED 1,063,000 · May 2017May 2017 | 80,000 /yr | |
| 1120 | Studio | 334 sqft | AED 593KAED 593,000 · Apr 2017April 2017 | 66,000 /yr | |
| 1117A | 1-bed | 753 sqft | AED 1.38MAED 1,377,500 · Feb 2024February 2024 | 67,000 /yr |
1114, Merano Tower in numbers
- Sold once: by DAMAC on 24 May 2016 for AED 1,508,800, or AED 1,578 per sqft.
- Rented since June 2020 on 5 Ejari contracts. The rent fell from AED 118,000 to AED 70,000 in 2021 and recovered to AED 95,000 by May 2025.
- At AED 95,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 18,200 a year (AED 19.02 per sqft).
- Two-beds in Merano Tower sold for AED 1,200,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,571 per sqft.
Source: Dubai Land Department. Updated 7 May 2025.
Questions about 1114, Merano Tower
What did unit 1114 last sell for?
AED 1,508,800 on 24 May 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 1114?
AED 95,000 a year on the contract signed on 7 May 2025. The previous contract, from March 2024, was AED 90,000; the unit has been rented since June 2020.
How big is unit 1114?
956 sqft (88.8 sqm): a two-bedroom apartment on the 11th floor of a 29-storey tower completed in 2020.
What is unit 1114 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 1,200,000 to 1,500,000 in the last 12 months, around AED 1,559 per sqft.
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Mortgage on 1114, Merano Tower
Starts from the last sale price (AED 1.51M, 24 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,508,800
- Deposit, UAE resident (20%)
- AED 301,760
- Deposit, non-resident (40%)
- AED 603,520
- Monthly over 25 years at 3.7%
- AED 6,173
Plus AED 68,380 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →