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

1507, Merano Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1507 · DLD and Ejari recordsUpdated 14 November 2025

Last soldAED 1.06M14 November 2025

Current rentAED 69K /yr14 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1507, Merano Tower

Today

What is 1507 worth today?

Last sold for AED 1,060,000 in 2025

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14 Nov 2025

14 Nov 2025SoldReady

AED 1,060,000AED 1,587 per sqft

14 Nov 2025

14 Nov 2025RentedNew contract

AED 69,469/yr8 months · AED 104 per sqft

14 Oct 2024

14 Oct 2024RentedRenewal

AED 69,575/yr12 months · AED 104 per sqft

14 Oct 2023

14 Oct 2023RentedRenewal

AED 63,250/yr12 months · AED 95 per sqft

14 Oct 2022

14 Oct 2022RentedRenewal

AED 57,500/yr12 months · AED 86 per sqft

10 Sep 2020

10 Sep 2020RentedNew contract

AED 50,000/yr12 months · AED 75 per sqft

10 Jul 2016

10 Jul 2016Sold by developerOff-plan

AED 1,020,000AED 1,527 per sqft

Source: Dubai Land Department. Updated 14 November 2025.

Key facts

Type: Apartment
Size: 668 sqft
Floor: 15th of 29
Parking: B1-076
Developer: DAMAC
Completed: 2020
Service charge: AED 12,700 /yr
Last sold: AED 1.06M · November 2025
Building: Merano Tower

About 1507, Merano Tower

1507 is an apartment of 668 sqft on the 15th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 14 November 2025 for AED 1,060,000, or AED 1,587 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 14 November 2025, is AED 69,469 a year: a gross yield of 6.6% 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


1501		616 sqft	AED 1.1MAED 1,100,000 · Oct 2025October 2025	69,300 /yr
1502	1-bed	663 sqft	AED 1.07MAED 1,065,600 · Oct 2016October 2016	73,000 /yr
1503	1-bed	670 sqft	AED 1.01MAED 1,005,000 · Apr 2025April 2025	77,000 /yr
1504	Studio	398 sqft	AED 869KAED 869,250 · Nov 2016November 2016	72,000 /yr
1505		669 sqft	AED 1.1MAED 1,100,000 · Nov 2025November 2025	85,000 /yr
1506	Studio	327 sqft	AED 586KAED 586,000 · Dec 2016December 2016	60,000 /yr
1508		771 sqft	AED 1.2MAED 1,200,000 · Nov 2025November 2025	60,400 /yr
1509	1-bed	644 sqft	AED 1.02MAED 1,018,872 · Jun 2016June 2016	63,250 /yr
1510	1-bed	644 sqft	AED 1.12MAED 1,120,000 · Sep 2024September 2024	85,000 /yr
1511	1-bed	644 sqft	AED 1.02MAED 1,020,528 · Jun 2016June 2016	80,000 /yr
1512	1-bed	644 sqft	AED 826KAED 826,000 · Feb 2023February 2023	78,000 /yr
1513	2-bed	891 sqft	AED 1.27MAED 1,266,000 · Apr 2022April 2022
1514	2-bed	956 sqft	AED 1.53MAED 1,525,000 · May 2017May 2017	110,000 /yr
1515	2-bed	993 sqft	AED 1.77MAED 1,770,000 · Jan 2025January 2025	110,000 /yr
1516	1-bed	664 sqft	AED 1.21MAED 1,206,576 · May 2016May 2016	80,000 /yr
1517	3-bed	1,455 sqft	AED 2.38MAED 2,375,000 · Feb 2025February 2025	105,000 /yr
1518	1-bed	668 sqft	AED 1.08MAED 1,082,000 · Sep 2019September 2019	76,000 /yr
1519	1-bed	668 sqft	AED 1.06MAED 1,061,015 · Aug 2016August 2016	90,000 /yr
1520	Studio	334 sqft	AED 590KAED 590,000 · Feb 2020February 2020	52,000 /yr

1–7 of 19

1507, Merano Tower in numbers

Sold twice: first on 10 July 2016 for AED 1,020,000, last on 14 November 2025 for AED 1,060,000 (AED 1,587 per sqft).
Rented since September 2020 on 5 Ejari contracts, from AED 50,000 to AED 69,469 a year.
At AED 69,469 a year the gross yield on the 2025 price is 6.6%, before a service charge of about AED 12,700 a year (AED 19.02 per sqft).

Source: Dubai Land Department. Updated 14 November 2025.

Questions about 1507, Merano Tower

What did unit 1507 last sell for?

AED 1,060,000 on 14 November 2025: AED 1,587 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 1,020,000 in July 2016.

What is the rent for unit 1507?

AED 69,469 a year on the contract signed on 14 November 2025. The previous contract, from October 2024, was AED 69,575; the unit has been rented since September 2020.

How big is unit 1507?

668 sqft (62.1 sqm): an apartment on the 15th floor of a 29-storey tower completed in 2020.

What is unit 1507 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 1507, Merano Tower

Starts from the last sale price (AED 1.06M, 14 November 2025). Switch to today's estimate once you have unlocked it.

Price: AED 1,060,000
Deposit, UAE resident (20%): AED 212,000
Deposit, non-resident (40%): AED 424,000
Monthly over 25 years at 3.7%: AED 4,337

Plus AED 49,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →