215, Merano Tower
Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 215, Merano Tower
What is 215 worth today?
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Source: Dubai Land Department. Updated 10 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 647 sqft
- Floor
- 2nd of 29
- Parking
- B3-116
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.05M · September 2019
- Building
- Merano Tower
About 215, Merano Tower
215 is a one-bedroom apartment of 647 sqft on the 2nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 5 September 2019 for AED 1,046,000, or AED 1,615 per sqft, in line with the AED 1,615 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 September 2025, is AED 75,000 a year: a gross yield of 7.2% on the 2019 price, before the service charge of about AED 12,300 a year.
Sales and rents for 215 over time
215 has sold once; the dashed line is the one-bed median of each year in the building.
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 215 sits
All 383 1-beds →215 last sold in September 2019 at AED 1,615 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,615). 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. 215's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 2nd floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 720 sqft | AED 1.14MAED 1,142,000 · Oct 2019October 2019 | 85,000 /yr | |
| 202 | 1-bed | 769 sqft | AED 997KAED 997,000 · Oct 2021October 2021 | 85,000 /yr | |
| 203 | 1-bed | 772 sqft | AED 1MAED 1,000,000 · Sep 2024September 2024 | 78,000 /yr | |
| 204 | 1-bed | 767 sqft | AED 1.17MAED 1,165,000 · Mar 2020March 2020 | 83,000 /yr | |
| 205 | 381 sqft | AED 532KAED 532,000 · Oct 2025October 2025 | 64,826 /yr | ||
| 206 | 1-bed | 767 sqft | AED 1.18MAED 1,175,000 · Nov 2019November 2019 | 79,558 /yr | |
| 207 | 1-bed | 771 sqft | AED 1.28MAED 1,275,000 · Aug 2024August 2024 | 80,000 /yr | |
| 208 | 1-bed | 629 sqft | AED 1.02MAED 1,023,000 · Apr 2019April 2019 | 77,000 /yr | |
| 209 | 1-bed | 629 sqft | AED 570KAED 570,000 · Jun 2021June 2021 | 75,000 /yr | |
| 210 | 1-bed | 629 sqft | AED 845KAED 845,000 · Apr 2022April 2022 | ||
| 211 | 1-bed | 629 sqft | AED 600KAED 600,000 · Jun 2021June 2021 | 90,000 /yr | |
| 212 | 2-bed | 884 sqft | AED 1.12MAED 1,119,160 · Apr 2022April 2022 | 120,000 /yr | |
| 213 | 952 sqft | AED 1.3MAED 1,300,000 · Nov 2025November 2025 | 115,000 /yr | ||
| 214 | 2-bed | 969 sqft | AED 1.56MAED 1,559,000 · Apr 2017April 2017 | 110,000 /yr | |
| 216 | 3-bed | 1,431 sqft | AED 2.19MAED 2,188,000 · Oct 2019October 2019 | ||
| 217 | 752 sqft | AED 980KAED 980,000 · Nov 2025November 2025 | 75,000 /yr | ||
| 218 | 1-bed | 742 sqft | AED 1.15MAED 1,146,000 · Mar 2020March 2020 | 75,000 /yr | |
| 219 | Studio | 373 sqft | AED 506KAED 506,000 · Jan 2022January 2022 | 84,000 /yr |
215, Merano Tower in numbers
- Sold once: by DAMAC on 5 September 2019 for AED 1,046,000, or AED 1,615 per sqft.
- Rented since July 2021 on 4 Ejari contracts, from AED 42,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2019 price is 7.2%, 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: Dubai Land Department. Updated 10 September 2025.
Questions about 215, Merano Tower
What did unit 215 last sell for?
AED 1,046,000 on 5 September 2019, sold by the developer: AED 1,615 per sqft for 647 sqft. It is the only registered sale of the unit.
What is the rent for unit 215?
AED 75,000 a year on the contract signed on 10 September 2025. The previous contract, from November 2024, was AED 65,000; the unit has been rented since July 2021.
How big is unit 215?
647 sqft (60.1 sqm): a one-bedroom apartment on the 2nd floor of a 29-storey tower completed in 2020.
What is unit 215 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 215, Merano Tower
Starts from the last sale price (AED 1.05M, 5 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,046,000
- Deposit, UAE resident (20%)
- AED 209,200
- Deposit, non-resident (40%)
- AED 418,400
- Monthly over 25 years at 3.7%
- AED 4,280
Plus AED 48,942 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →