2-bed · 956 sqftMerano Tower, Business Bay · 16th floor · completed 2020

1614, Merano Tower

Sold prices and rental history: sold once, by the developer in February 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1614 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 1.13M28 February 2021
Current rentAED 120K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1614, Merano Tower

What is 1614 worth today?

Last sold for AED 1,132,000 in 2021

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5 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 126 per sqft
15 Aug 2024RentedNew contract
AED 120,000/yr12 months · AED 126 per sqft
25 Oct 2023RentedNew contract
AED 100,000/yr12 months · AED 105 per sqft
22 Aug 2023RentedNew contract
AED 100,000/yr12 months · AED 105 per sqft
20 Jun 2022RentedNew contract
AED 80,500/yr12 months · AED 84 per sqft
20 Jun 2021RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
28 Feb 2021Sold by developerReady
AED 1,132,000AED 1,184 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
2-bed apartment
Size
956 sqft
Floor
16th of 29
Parking
P1-037
Developer
DAMAC
Completed
2020
Service charge
AED 18,200 /yr
Last sold
AED 1.13M · February 2021
Building
Merano Tower

About 1614, Merano Tower

1614 is a two-bedroom apartment of 956 sqft on the 16th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 28 February 2021 for AED 1,132,000, or AED 1,184 per sqft, in line with the AED 1,200 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 5 September 2025, is AED 120,000 a year: a gross yield of 10.6% on the 2021 price, before the service charge of about AED 18,200 a year.

Sales and rents for 1614 over time

Sales
Unit 1614, each saleTypical two-bed in Merano Tower
1.2M1.4M1.6M2016201920222025Typical sale price by year: 2016 AED 1,508,800; 2017 AED 1,509,000; 2018 AED 1,416,000; 2019 AED 1,525,000; 2020 AED 1,169,783; 2021 AED 1,194,550; 2022 AED 1,292,540; 2023 AED 1,550,000; 2024 AED 1,477,500; 2025 AED 1,450,000Sold by developer, February 2021: AED 1,132,000 (AED 1,184 per sqft)

1614 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1614, each contractTypical two-bed in Merano Tower
75K100K125K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 97,000; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 110,000New contract, June 2021: AED 70,000 a yearNew contract, June 2022: AED 80,500 a yearNew contract, August 2023: AED 100,000 a yearNew contract, October 2023: AED 100,000 a yearNew contract, August 2024: AED 120,000 a yearNew contract, September 2025: AED 120,000 a year

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

2-beds in Merano Tower, and where 1614 sits

All 79 2-beds →

1614 last sold in February 2021 at AED 1,184 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,200). Over the last 12 months two-beds sold for AED 1,200,000 to 1,500,000, around AED 1,559 per sqft, and rent for AED 99,225 to 135,000 a year. 1614's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20261,400,000
6 Jan 20261,200,000
29 Dec 20251,400,000
17 Dec 20251,500,000
6 2-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 16th floor

All 574 units in Merano Tower
Value
16011-bedAED 1.01M · Jun 2016
16021-bedAED 1.07M · Dec 2016
16031-bedAED 1.11M · Jun 2016
1604StudioAED 710K · Feb 2024
1605AED 1M · Oct 2025
1606StudioAED 435K · Sep 2020
16071-bedAED 1.06M · May 2017
1–7 of 19

1614, Merano Tower in numbers

  • Sold once: by DAMAC on 28 February 2021 for AED 1,132,000, or AED 1,184 per sqft.
  • Rented since June 2021 on 6 Ejari contracts, from AED 70,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 10.6%, before a service charge of about AED 18,200 a year (AED 19.02 per sqft).
  • Two-beds in Merano Tower sold for AED 1,200,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,571 per sqft.

Source: Dubai Land Department. Updated 5 September 2025.

Questions about 1614, Merano Tower

What did unit 1614 last sell for?

AED 1,132,000 on 28 February 2021, sold by the developer: AED 1,184 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 1614?

AED 120,000 a year on the contract signed on 5 September 2025. The previous contract, from August 2024, was AED 120,000; the unit has been rented since June 2021.

How big is unit 1614?

956 sqft (88.8 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2020.

What is unit 1614 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Merano Tower sold for AED 1,200,000 to 1,500,000 in the last 12 months, around AED 1,559 per sqft.

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Mortgage on 1614, Merano Tower

Starts from the last sale price (AED 1.13M, 28 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,132,000
Deposit, UAE resident (20%)
AED 226,400
Deposit, non-resident (40%)
AED 452,800
Monthly over 25 years at 3.7%
AED 4,631

Plus AED 52,554 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →