1-bed · 644 sqftMerano Tower, Business Bay · 15th floor · completed 2020

1511, 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 once, by the developer in June 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1511 · DLD and Ejari recordsUpdated 16 January 2026

Last soldAED 1.02M22 June 2016

Current rentAED 80K /yr16 January 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1511, Merano Tower

Today

What is 1511 worth today?

Last sold for AED 1,020,528 in 2016

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16 Jan 2026

16 Jan 2026RentedNew contract

AED 80,000/yr12 months · AED 124 per sqft

28 Jul 2025

28 Jul 2025RentedRenewal

AED 71,552/yr12 months · AED 111 per sqft

28 Jul 2024

28 Jul 2024RentedRenewal

AED 68,145/yr12 months · AED 106 per sqft

28 Jul 2023

28 Jul 2023RentedRenewal

AED 61,950/yr12 months · AED 96 per sqft

10 Sep 2021

10 Sep 2021RentedRenewal

AED 51,437/yr9 months · AED 80 per sqft

22 Jun 2016

22 Jun 2016Sold by developerOff-plan

AED 1,020,528AED 1,584 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 January 2026.

Key facts

Type: 1-bed apartment
Size: 644 sqft
Floor: 15th of 29
Parking: B1-080
Developer: DAMAC
Completed: 2020
Service charge: AED 12,300 /yr
Last sold: AED 1.02M · June 2016
Building: Merano Tower

About 1511, Merano Tower

1511 is a one-bedroom apartment of 644 sqft on the 15th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 22 June 2016 for AED 1,020,528, or AED 1,584 per sqft, in line with the AED 1,604 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 16 January 2026, is AED 80,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1511 over time

Sales

Unit 1511, each saleTypical one-bed in Merano Tower

1511 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1511, each contractTypical one-bed in Merano Tower

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Merano Tower, and where 1511 sits

All 383 1-beds →

1-beds in Merano Tower · last 12 months1,597 /sqft Merano Tower · all types1,571 /sqft

1511 last sold in June 2016 at AED 1,584 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,604). Over the last 12 months one-beds sold for AED 980,000 to 1,200,000, around AED 1,597 per sqft, and rent for AED 66,000 to 126,000 a year. 1511's AED 80,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
13 Feb 202613 February 2026	668 sqft	1,100,000	1,645
4 Feb 20264 February 2026	664 sqft	1,170,000	1,762
22 Jan 202622 January 2026	644 sqft	1,200,000	1,863
15 Jan 202615 January 2026	668 sqft	1,100,000	1,646

10 1-bed sales in the last 12 months

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
1507		668 sqft	AED 1.06MAED 1,060,000 · Nov 2025November 2025	69,469 /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
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

1511, Merano Tower in numbers

Sold once: by DAMAC on 22 June 2016 for AED 1,020,528, or AED 1,584 per sqft.
Rented since September 2021 on 5 Ejari contracts, from AED 51,437 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 12,300 a year (AED 19.02 per sqft).
One-beds in Merano Tower sold for AED 980,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,571 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 January 2026.

Questions about 1511, Merano Tower

What did unit 1511 last sell for?

AED 1,020,528 on 22 June 2016, sold by the developer: AED 1,584 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 1511?

AED 80,000 a year on the contract signed on 16 January 2026. The previous contract, from July 2025, was AED 71,552; the unit has been rented since September 2021.

How big is unit 1511?

644 sqft (59.8 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2020.

What is unit 1511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Merano Tower sold for AED 980,000 to 1,200,000 in the last 12 months, around AED 1,597 per sqft.

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Mortgage on 1511, Merano Tower

Starts from the last sale price (AED 1.02M, 22 June 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,020,528
Deposit, UAE resident (20%): AED 204,106
Deposit, non-resident (40%): AED 408,211
Monthly over 25 years at 3.7%: AED 4,175

Plus AED 47,872 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →