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

1505, Merano Tower

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

Unit 1505 · DLD and Ejari recordsUpdated 5 December 2025
Last soldAED 1.1M4 November 2025
Current rentAED 85K /yr5 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1505, Merano Tower

What is 1505 worth today?

Last sold for AED 1,100,000 in 2025

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5 Dec 2025RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
4 Nov 2025SoldReady
AED 1,100,000AED 1,644 per sqft
27 Aug 2025Sold by developerReady
AED 1,411,000AED 2,109 per sqft

Source: Dubai Land Department. Updated 5 December 2025.

Key facts

Type
Apartment
Size
669 sqft
Floor
15th of 29
Parking
B3-137
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 1.1M · November 2025
Building
Merano Tower

About 1505, Merano Tower

1505 is an apartment of 669 sqft on the 15th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 4 November 2025 for AED 1,100,000, or AED 1,644 per sqft.

One Ejari contract is registered, from 5 December 2025. The current contract, signed on 5 December 2025, is AED 85,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 12,700 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
1501AED 1.1M · Oct 2025
15021-bedAED 1.07M · Oct 2016
15031-bedAED 1.01M · Apr 2025
1504StudioAED 869K · Nov 2016
1506StudioAED 586K · Dec 2016
1507AED 1.06M · Nov 2025
1508AED 1.2M · Nov 2025
1–7 of 19

1505, Merano Tower in numbers

  • Sold twice: first on 27 August 2025 for AED 1,411,000, last on 4 November 2025 for AED 1,100,000 (AED 1,644 per sqft).
  • Rented since December 2025 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 12,700 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 5 December 2025.

Questions about 1505, Merano Tower

What did unit 1505 last sell for?

AED 1,100,000 on 4 November 2025: AED 1,644 per sqft for 669 sqft. The unit has 2 registered sales; the first was AED 1,411,000 in August 2025.

What is the rent for unit 1505?

AED 85,000 a year on the contract signed on 5 December 2025.

How big is unit 1505?

669 sqft (62.2 sqm): an apartment on the 15th floor of a 29-storey tower completed in 2020.

What is unit 1505 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 1505, Merano Tower

Starts from the last sale price (AED 1.1M, 4 November 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 →