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1-bed · 670 sqftMerano Tower, Business Bay · 25th floor · completed 2020

2503, Merano Tower

Sold prices and rental history: sold twice, last in April 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 26 September 2025
Last soldAED 900K5 April 2023
Current rentAED 80K /yr26 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Merano Tower

What is 2503 worth today?

Last sold for AED 900,000 in 2023

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26 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
25 Aug 2024RentedNew contract
AED 78,000/yr12 months · AED 117 per sqft
5 Apr 2023SoldReady
AED 900,000AED 1,343 per sqft
5 Apr 2023RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
28 Mar 2021Sold by developerReady
AED 1,160,000AED 1,731 per sqft

Source: Dubai Land Department. Updated 26 September 2025.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
25th of 29
Parking
B2-066
Developer
DAMAC
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 900K · April 2023
Building
Merano Tower

About 2503, Merano Tower

2503 is a one-bedroom apartment of 670 sqft on the 25th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. It last sold on 5 April 2023 for AED 900,000, or AED 1,343 per sqft, 7% below the AED 1,444 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 26 September 2025, is AED 80,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, each saleTypical one-bed in Merano Tower
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,059,200; 2017 AED 1,061,000; 2018 AED 1,069,110; 2019 AED 1,084,000; 2020 AED 995,000; 2021 AED 804,000; 2022 AED 997,000; 2023 AED 970,000; 2024 AED 1,100,000; 2025 AED 1,060,000; 2026 AED 1,130,000Sold by developer, March 2021: AED 1,160,000 (AED 1,731 per sqft)Sold, April 2023: AED 900,000 (AED 1,343 per sqft)

2503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2503, each contractTypical one-bed in Merano Tower
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 48,000; 2022 AED 60,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 80,000New contract, April 2023: AED 80,000 a yearNew contract, August 2024: AED 78,000 a yearNew contract, September 2025: AED 80,000 a year

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 2503 sits

All 383 1-beds →

2503 last sold in April 2023 at AED 1,343 per sqft, 7% below what one-beds in Merano Tower were fetching at the time (AED 1,444). 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. 2503's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20261,100,000
4 Feb 20261,170,000
22 Jan 20261,200,000
15 Jan 20261,100,000
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 25th floor

All 574 units in Merano Tower
Value
25011-bedAED 981K · Nov 2017
25021-bedAED 1.1M · Oct 2019
2504StudioAED 716K · Jul 2017
25051-bedAED 1.06M · May 2017
2506StudioAED 617K · Dec 2020
25071-bedAED 1.06M · Jul 2017
25081-bedAED 1.23M · Jul 2017
1–7 of 19

2503, Merano Tower in numbers

  • Sold twice: first on 28 March 2021 for AED 1,160,000, last on 5 April 2023 for AED 900,000 (AED 1,343 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 12,700 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 26 September 2025.

Questions about 2503, Merano Tower

What did unit 2503 last sell for?

AED 900,000 on 5 April 2023: AED 1,343 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 1,160,000 in March 2021.

What is the rent for unit 2503?

AED 80,000 a year on the contract signed on 26 September 2025. The previous contract, from August 2024, was AED 78,000; the unit has been rented since April 2023.

How big is unit 2503?

670 sqft (62.2 sqm): a one-bedroom apartment on the 25th floor of a 29-storey tower completed in 2020.

What is unit 2503 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 2503, Merano Tower

Starts from the last sale price (AED 900K, 5 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →