1605, Merano Tower
Sold prices and rental history: sold 3 times, last in October 2025, 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 1605, Merano Tower
What is 1605 worth today?
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Source: Dubai Land Department. Updated 9 October 2025.
Key facts
- Type
- Apartment
- Size
- 669 sqft
- Floor
- 16th of 29
- Parking
- B1-088
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1M · October 2025
- Building
- Merano Tower
About 1605, Merano Tower
1605 is an apartment of 669 sqft on the 16th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 8 October 2025 for AED 1,000,000, or AED 1,494 per sqft.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 9 October 2025, is AED 86,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 12,700 a year.
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 16th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 616 sqft | AED 1.01MAED 1,009,584 · Jun 2016June 2016 | 80,000 /yr | |
| 1602 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Dec 2016December 2016 | 66,000 /yr | |
| 1603 | 1-bed | 485 sqft | AED 1.11MAED 1,107,168 · Jun 2016June 2016 | 73,500 /yr | |
| 1604 | Studio | 398 sqft | AED 710KAED 710,000 · Feb 2024February 2024 | ||
| 1606 | Studio | 331 sqft | AED 435KAED 435,000 · Sep 2020September 2020 | 60,000 /yr | |
| 1607 | 1-bed | 668 sqft | AED 1.06MAED 1,061,000 · May 2017May 2017 | 65,800 /yr | |
| 1608 | 1-bed | 771 sqft | AED 1.23MAED 1,232,000 · Jul 2017July 2017 | 75,000 /yr | |
| 1609 | 1-bed | 644 sqft | AED 869KAED 869,400 · Feb 2021February 2021 | 78,000 /yr | |
| 1610 | 1-bed | 644 sqft | AED 750KAED 750,000 · Sep 2020September 2020 | ||
| 1611 | 1-bed | 635 sqft | AED 986KAED 985,520 · Dec 2016December 2016 | ||
| 1612 | 1-bed | 644 sqft | AED 1.12MAED 1,117,000 · Nov 2022November 2022 | 73,500 /yr | |
| 1613 | 2-bed | 891 sqft | AED 1.38MAED 1,384,150 · May 2016May 2016 | 105,000 /yr | |
| 1614 | 2-bed | 956 sqft | AED 1.13MAED 1,132,000 · Feb 2021February 2021 | 120,000 /yr | |
| 1615 | 993 sqft | AED 1.3MAED 1,300,000 · Aug 2025August 2025 | 120,000 /yr | ||
| 1616 | 1-bed | 664 sqft | AED 1.21MAED 1,206,576 · May 2016May 2016 | 80,000 /yr | |
| 1617 | 3-bed | 846 sqft | AED 2.37MAED 2,367,552 · Jun 2016June 2016 | 142,000 /yr | |
| 1618 | 1-bed | 668 sqft | AED 1.18MAED 1,177,000 · Nov 2022November 2022 | 82,000 /yr | |
| 1619 | 1-bed | 668 sqft | AED 973KAED 973,000 · Oct 2021October 2021 | ||
| 1620 | Studio | 334 sqft | AED 665KAED 665,000 · Sep 2019September 2019 | 75,000 /yr |
1605, Merano Tower in numbers
- Sold 3 times: first on 26 July 2016 for AED 1,065,600, last on 8 October 2025 for AED 1,000,000 (AED 1,494 per sqft).
- Rented since June 2020 on 6 Ejari contracts. The rent fell from AED 81,000 to AED 50,000 in 2021 and recovered to AED 86,000 by October 2025.
- At AED 86,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 12,700 a year (AED 19.02 per sqft).
Source: Dubai Land Department. Updated 9 October 2025.
Questions about 1605, Merano Tower
What did unit 1605 last sell for?
AED 1,000,000 on 8 October 2025: AED 1,494 per sqft for 669 sqft. The unit has 3 registered sales; the first was AED 1,065,600 in July 2016.
What is the rent for unit 1605?
AED 86,000 a year on the contract signed on 9 October 2025. The previous contract, from July 2023, was AED 60,500; the unit has been rented since June 2020.
How big is unit 1605?
669 sqft (62.2 sqm): an apartment on the 16th floor of a 29-storey tower completed in 2020.
What is unit 1605 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 1605, Merano Tower
Starts from the last sale price (AED 1M, 8 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →