2-bed · 956 sqftMerano Tower, Business Bay · 7th floor · completed 2020

714, Merano Tower

Sold prices and rental history: sold once, by the developer in December 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 8 December 2016
Last soldAED 1.51M8 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Merano Tower

What is 714 worth today?

Last sold for AED 1,509,000 in 2016

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8 Dec 2016Sold by developerOff-plan
AED 1,509,000AED 1,578 per sqft

Source: Dubai Land Department. Updated 8 December 2016.

Key facts

Type
2-bed apartment
Size
956 sqft
Floor
7th of 29
Parking
P1-008
Developer
DAMAC
Completed
2020
Service charge
AED 18,200 /yr
Last sold
AED 1.51M · December 2016
Building
Merano Tower

About 714, Merano Tower

714 is a two-bedroom apartment of 956 sqft on the 7th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 8 December 2016 for AED 1,509,000, or AED 1,578 per sqft, in line with the AED 1,591 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 714 over time

Sales
Unit 714, 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, December 2016: AED 1,509,000 (AED 1,578 per sqft)

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

Rents
Unit 714, each contractTypical two-bed in Merano Tower
75K100K2020202220242026Typical 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 110,000

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 714 sits

All 79 2-beds →

714 last sold in December 2016 at AED 1,578 per sqft, in line with what two-beds in Merano Tower were fetching at the time (AED 1,591). 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.

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 7th floor

All 574 units in Merano Tower
Value
7011-bedAED 990K · Dec 2025
7021-bedAED 1.06M · Apr 2017
7031-bedAED 1.06M · Mar 2017
704StudioAED 709K · Sep 2022
7051-bedAED 1.06M · Apr 2017
706StudioAED 537K · Jun 2020
7071-bedAED 1.06M · Nov 2017
1–7 of 20

714, Merano Tower in numbers

  • Sold once: by DAMAC on 8 December 2016 for AED 1,509,000, or AED 1,578 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 8 December 2016.

Questions about 714, Merano Tower

What did unit 714 last sell for?

AED 1,509,000 on 8 December 2016, sold by the developer: AED 1,578 per sqft for 956 sqft. It is the only registered sale of the unit.

How big is unit 714?

956 sqft (88.8 sqm): a two-bedroom apartment on the 7th floor of a 29-storey tower completed in 2020.

What is unit 714 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 714, Merano Tower

Starts from the last sale price (AED 1.51M, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,509,000
Deposit, UAE resident (20%)
AED 301,800
Deposit, non-resident (40%)
AED 603,600
Monthly over 25 years at 3.7%
AED 6,174

Plus AED 68,388 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →