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616 sqftMerano Tower, Business Bay · 15th floor · completed 2020

1501, Merano Tower

Sold prices and rental history: sold twice, last in October 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 19 October 2025
Last soldAED 1.1M19 October 2025
Current rentAED 69K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501, Merano Tower

What is 1501 worth today?

Last sold for AED 1,100,000 in 2025

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19 Oct 2025SoldReady
AED 1,100,000AED 1,784 per sqft
1 Oct 2024RentedRenewal
AED 69,300/yr12 months · AED 113 per sqft
1 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 98 per sqft
18 May 2022Sold by developerReady
AED 876,000AED 1,421 per sqft

Source: Dubai Land Department. Updated 19 October 2025.

Key facts

Type
Apartment
Size
616 sqft
Floor
15th of 29
Parking
B1-073
Developer
DAMAC
Completed
2020
Service charge
AED 11,700 /yr
Last sold
AED 1.1M · October 2025
Building
Merano Tower

About 1501, Merano Tower

1501 is an apartment of 616 sqft on the 15th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 19 October 2025 for AED 1,100,000, or AED 1,784 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 69,300 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 11,700 a year.

Merano Tower

Building

574 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%
Merano Tower, Business Bay: prices, sales and rents →

Other units on the 15th floor

All 574 units in Merano Tower
Value
15021-bedAED 1.07M · Oct 2016
15031-bedAED 1.01M · Apr 2025
1504StudioAED 869K · Nov 2016
1505AED 1.1M · Nov 2025
1506StudioAED 586K · Dec 2016
1507AED 1.06M · Nov 2025
1508AED 1.2M · Nov 2025
1–7 of 19

1501, Merano Tower in numbers

  • Sold twice: first on 18 May 2022 for AED 876,000, last on 19 October 2025 for AED 1,100,000 (AED 1,784 per sqft).
  • Rented since October 2022 on 2 Ejari contracts, from AED 60,000 to AED 69,300 a year.
  • At AED 69,300 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 11,700 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 19 October 2025.

Questions about 1501, Merano Tower

What did unit 1501 last sell for?

AED 1,100,000 on 19 October 2025: AED 1,784 per sqft for 616 sqft. The unit has 2 registered sales; the first was AED 876,000 in May 2022.

What is the rent for unit 1501?

AED 69,300 a year on the contract renewed on 1 October 2024. The previous contract, from October 2022, was AED 60,000.

How big is unit 1501?

616 sqft (57.2 sqm): an apartment on the 15th floor of a 29-storey tower completed in 2020.

What is unit 1501 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 1501, Merano Tower

Starts from the last sale price (AED 1.1M, 19 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →