Unit 515, Merano Tower: what it sold for and what it is worth now

Unit 515 at Merano Tower is a 2 bed of 991 sq ft. It last sold for AED 1,450,000 on 5 Oct 2023. At AED 1,463 per sq ft, from 7 sales of units ending 15 (same position in the tower), it is worth about AED 1,450,000 today.

Value todayAED 1,450,000AED 1,435,000 to AED 1,592,000
Last saleAED 1,450,0005 Oct 2023 · Resale
Change since last sale+0.0%Building trend alone: AED 1,438,125
Rent (median asking, 2 bed)AED 100,000Gross yield 6.9%
Bedrooms2 bed
Size991 sq ft
Floor5 (from the unit number)
Position in the towerStack 15: units ending 15 share the same layout and view
BuildingMerano Tower by DAMAC Properties, handed over 2020
Registered sales of this unit2

Every registered sale of unit 515

DatePriceSizeAED/sq ftType
5 Oct 2023AED 1,450,000991 sq ft1,463Resale
14 Sep 2020AED 1,167,240991 sq ft1,178Resale

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
161515 Oct 2026AED 1,450,000993 sq ft1,460Resale
161529 Aug 2025AED 1,300,000993 sq ft1,309Resale
241520 Aug 2025AED 1,600,000993 sq ft1,611Resale
91526 Jun 2025AED 1,450,000991 sq ft1,463Resale
231526 Jun 2025AED 1,590,000993 sq ft1,601Resale
251513 Feb 2025AED 1,425,000993 sq ft1,435Resale
151529 Jan 2025AED 1,770,000993 sq ft1,782Resale
31518 Jul 2024AED 1,600,000991 sq ft1,615Resale

Latest 2 bed sales in Merano Tower

UnitDatePriceSizeAED/sq ftType
161515 Oct 2026AED 1,450,000993 sq ft1,460Resale
21417 Aug 2026AED 1,220,000969 sq ft1,259Resale
6149 Jul 2026AED 1,200,000956 sq ft1,255Resale
41311 May 2026AED 1,125,000891 sq ft1,263Resale
121317 Mar 2026AED 1,400,000891 sq ft1,571Resale
241326 Feb 2026AED 1,430,000891 sq ft1,605Resale
171310 Feb 2026AED 1,400,000891 sq ft1,571Resale
26136 Jan 2026AED 1,200,000891 sq ft1,347Resale

How we worked out the value

We took the 7 resale sales of units ending 15 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,463). We multiplied it by the size of this unit (991 sq ft). The range uses the middle half of those sales (AED 1,448 to AED 1,606 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,438,125. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 515 at Merano Tower worth?

About AED 1,450,000 (range AED 1,435,000 to AED 1,592,000), based on AED 1,463 per sq ft from registered sales up to 15 Oct 2026.

When did unit 515 last sell?

5 Oct 2023, for AED 1,450,000 (resale). It has 2 registered sales.

What rent can unit 515 make?

A 2 bed in Merano Tower rents for about AED 100,000 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

Sales alert for Merano TowerAll sales in Merano Tower

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