1-bed · 517 sqftManchester Tower, Dubai Marina · 10th floor · completed 2007

1003, Manchester Tower

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 11 August 2023
Last soldAED 700K11 August 2023
Current rentAED 43K /yr20 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Manchester Tower

What is 1003 worth today?

Last sold for AED 700,000 in 2023

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11 Aug 2023SoldReady
AED 700,000AED 1,353 per sqft
20 Jan 2019RentedNew contract
AED 43,000/yr12 months · AED 83 per sqft
20 May 2016RentedNew contract
AED 62,000/yr12 months · AED 120 per sqft
15 Jan 2015RentedNew contract
AED 78,000/yr12 months · AED 151 per sqft
20 Dec 2012RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
30 Jun 2008Sold by developerReady
AED 237,500AED 459 per sqft

Source: Dubai Land Department. Updated 11 August 2023.

Key facts

Type
1-bed apartment
Size
517 sqft
Floor
10th of 30
Parking
C81
Developer
Manchester Properties
Completed
2007
Service charge
AED 9,700 /yr
Last sold
AED 700K · August 2023

About 1003, Manchester Tower

1003 is a one-bedroom apartment of 517 sqft on the 10th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. It last sold on 11 August 2023 for AED 700,000, or AED 1,353 per sqft, 27% above the AED 1,064 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 20 January 2019, is AED 43,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Manchester Tower
500K1M2008201320182023Typical sale price by year: 2008 AED 316,871; 2009 AED 392,000; 2010 AED 425,000; 2011 AED 400,000; 2012 AED 495,000; 2013 AED 525,000; 2014 AED 800,000; 2015 AED 775,000; 2016 AED 715,000; 2017 AED 630,000; 2018 AED 600,000; 2019 AED 485,000; 2020 AED 405,000; 2021 AED 512,500; 2022 AED 535,000; 2023 AED 650,000; 2024 AED 850,000; 2025 AED 890,000; 2026 AED 820,000Sold by developer, June 2008: AED 237,500 (AED 459 per sqft)Sold, August 2023: AED 700,000 (AED 1,353 per sqft)

1003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Manchester Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 53,000; 2013 AED 52,000; 2014 AED 68,000; 2015 AED 72,000; 2016 AED 70,000; 2017 AED 61,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 37,000; 2022 AED 47,000; 2023 AED 58,840; 2024 AED 67,000; 2025 AED 65,000; 2026 AED 60,429New contract, December 2012: AED 55,000 a yearNew contract, January 2015: AED 78,000 a yearNew contract, May 2016: AED 62,000 a yearNew contract, January 2019: AED 43,000 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 Manchester Tower, and where 1003 sits

All 237 1-beds →

1003 last sold in August 2023 at AED 1,353 per sqft, 27% above what one-beds in Manchester Tower were fetching at the time (AED 1,064). Over the last 12 months one-beds sold for AED 730,000 to 1,275,000, around AED 1,566 per sqft, and rent for AED 30,000 to 135,000 a year. 1003's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026970,000
19 Aug 2026798,457
24 Jul 2026820,000
25 Jun 2026730,000
8 1-bed sales in the last 12 months

Manchester Tower

Building

336 apartments, studios to 3-bed over 30 floors in Dubai Marina, completed in 2007 by Manchester Properties. 19 sold in the last 12 months.

Typical price per sqft
AED 1,443 Up 12.7%
Typical sale
AED 970K
Typical rent
AED 66K /yr
Typical yield
7.1%
Manchester Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 336 units in Manchester Tower
Value
10011-bedAED 270K · Sep 2009
10021-bedAED 675K · Jan 2018
10041-bedAED 705K · Jun 2023
10051-bedAED 850K · Mar 2015
10061-bedAED 350K · Jul 2008
10071-bedAED 328K · Jul 2008
10081-bedAED 398K · Aug 2008
1–7 of 13

1003, Manchester Tower in numbers

  • Sold twice: first on 30 June 2008 for AED 237,500, last on 11 August 2023 for AED 700,000 (AED 1,353 per sqft).
  • Rented since December 2012 on 4 Ejari contracts, from AED 55,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 9,700 a year (AED 18.84 per sqft).
  • One-beds in Manchester Tower sold for AED 730,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 1,443 per sqft.

Source: Dubai Land Department. Updated 11 August 2023.

Questions about 1003, Manchester Tower

What did unit 1003 last sell for?

AED 700,000 on 11 August 2023: AED 1,353 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 237,500 in June 2008.

What is the rent for unit 1003?

AED 43,000 a year on the contract signed on 20 January 2019. The previous contract, from May 2016, was AED 62,000; the unit has been rented since December 2012.

How big is unit 1003?

517 sqft (48.0 sqm): a one-bedroom apartment on the 10th floor of a 30-storey tower completed in 2007.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Manchester Tower sold for AED 730,000 to 1,275,000 in the last 12 months, around AED 1,566 per sqft.

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Mortgage on 1003, Manchester Tower

Starts from the last sale price (AED 700K, 11 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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