1-bed · 1,008 sqftManazel Al Khor, Culture Village · 3rd floor · completed 2016

314, Manazel Al Khor

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 1.5M15 March 2018
Current rentAED 74K /yr11 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Manazel Al Khor

What is 314 worth today?

Last sold for AED 1,502,000 in 2018

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11 Sep 2023RentedRenewal
AED 74,250/yr12 months · AED 73 per sqft
11 Sep 2022RentedRenewal
AED 67,500/yr12 months · AED 67 per sqft
11 Sep 2022RentedRenewal
AED 67,500/yr12 months · AED 67 per sqft
11 Sep 2021RentedNew contract
AED 60,000/yr12 months · AED 59 per sqft
1 Jun 2019RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
1 Jun 2018RentedNew contract
AED 85,000/yr12 months · AED 84 per sqft
15 Mar 2018Sold by developerReady
AED 1,502,000AED 1,489 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
1-bed apartment
Size
1,008 sqft
Floor
3rd of 4
Parking
B-236
Developer
Manazel Al Khor
Completed
2016
Service charge
AED 28,200 /yr
Last sold
AED 1.5M · March 2018

About 314, Manazel Al Khor

314 is a one-bedroom apartment of 1,008 sqft on the 3rd floor of Manazel Al Khor, a 4-storey tower in Culture Village completed in 2016 by Manazel Al Khor. The developer sold it on 15 March 2018 for AED 1,502,000, or AED 1,489 per sqft, 11% below the AED 1,677 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 11 September 2023, is AED 74,250 a year: a gross yield of 4.9% on the 2018 price, before the service charge of about AED 28,200 a year.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical one-bed in Manazel Al Khor
1.4M1.6M2018202020222024Typical sale price by year: 2018 AED 1,674,000; 2024 AED 1,365,000Sold by developer, March 2018: AED 1,502,000 (AED 1,489 per sqft)

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

Rents
Unit 314, each contractTypical one-bed in Manazel Al Khor
60K80K2018202120242027Typical rent by year: 2022 AED 67,500; 2026 AED 82,500New contract, June 2018: AED 85,000 a yearRenewal, June 2019: AED 75,000 a yearNew contract, September 2021: AED 60,000 a yearRenewal, September 2022: AED 67,500 a yearRenewal, September 2022: AED 67,500 a yearRenewal, September 2023: AED 74,250 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 Manazel Al Khor, and where 314 sits

All 10 1-beds →

314 last sold in March 2018 at AED 1,489 per sqft, 11% below what one-beds in Manazel Al Khor were fetching at the time (AED 1,677). 314's AED 74,250 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Dec 20241,355,000
21 Nov 20241,362,000
12 Aug 20241,368,000
10 Jul 20241,383,000
0 1-bed sales in the last 12 months

Manazel Al Khor

Building

44 apartments, 1-bed to 4-bed over 4 floors in Culture Village, completed in 2016 by Manazel Al Khor. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 160K /yr
Typical yield
Manazel Al Khor, Culture Village: prices, sales and rents →

Other units on the 3rd floor

All 44 units in Manazel Al Khor
Value
3031-bedAED 1.67M · May 2018
3073-bedAED 3.05M · May 2025
3083-bedAED 5.04M · Oct 2015
3181-bedAED 1.38M · Jul 2024

314, Manazel Al Khor in numbers

  • Sold once: by Manazel Al Khor on 15 March 2018 for AED 1,502,000, or AED 1,489 per sqft.
  • Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2021 and recovered to AED 74,250 by September 2023.
  • At AED 74,250 a year the gross yield on the 2018 price is 4.9%, before a service charge of about AED 28,200 a year (AED 28.00 per sqft).

Source: Dubai Land Department. Updated 11 September 2023.

Questions about 314, Manazel Al Khor

What did unit 314 last sell for?

AED 1,502,000 on 15 March 2018, sold by the developer: AED 1,489 per sqft for 1,008 sqft. It is the only registered sale of the unit.

What is the rent for unit 314?

AED 74,250 a year on the contract renewed on 11 September 2023. The previous contract, from September 2022, was AED 67,500; the unit has been rented since June 2018.

How big is unit 314?

1,008 sqft (93.6 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2016.

What is unit 314 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 314, Manazel Al Khor

Starts from the last sale price (AED 1.5M, 15 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,502,000
Deposit, UAE resident (20%)
AED 300,400
Deposit, non-resident (40%)
AED 600,800
Monthly over 25 years at 3.7%
AED 6,145

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →