1-bed · 553 sqftManchester Tower, Dubai Marina · 11th floor · completed 2007

1111, Manchester Tower

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 5 November 2022
Last soldAED 236K30 May 2013
Current rentAED 50K /yr5 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1111, Manchester Tower

What is 1111 worth today?

Last sold for AED 236,000 in 2013

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5 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 91 per sqft
10 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 73 per sqft
10 Jan 2018RentedNew contract
AED 55,000/yr12 months · AED 99 per sqft
21 Oct 2013RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
30 May 2013Sold by developerReady
AED 236,000AED 426 per sqft

Source: Dubai Land Department. Updated 5 November 2022.

Key facts

Type
1-bed apartment
Size
553 sqft
Floor
11th of 30
Parking
A69
Developer
Manchester Properties
Completed
2007
Service charge
AED 10,400 /yr
Last sold
AED 236K · May 2013

About 1111, Manchester Tower

1111 is a one-bedroom apartment of 553 sqft on the 11th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. The developer sold it on 30 May 2013 for AED 236,000, or AED 426 per sqft, 51% below the AED 864 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 5 November 2022, is AED 50,000 a year: a gross yield of 21.2% on the 2013 price, before the service charge of about AED 10,400 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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, May 2013: AED 236,000 (AED 426 per sqft)

1111 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1111, each contractTypical one-bed in Manchester Tower
40K60K2012201620202024Typical 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, October 2013: AED 60,000 a yearNew contract, January 2018: AED 55,000 a yearNew contract, January 2020: AED 40,000 a yearNew contract, November 2022: AED 50,000 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 1111 sits

All 237 1-beds →

1111 last sold in May 2013 at AED 426 per sqft, 51% below what one-beds in Manchester Tower were fetching at the time (AED 864). 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. 1111's AED 50,000 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 11th floor

All 336 units in Manchester Tower
Value
11011-bedAED 740K · Jul 2023
11021-bedAED 660K · Apr 2023
11031-bedAED 850K · May 2024
11041-bedAED 600K · Dec 2022
11051-bedAED 710K · Dec 2023
11061-bedAED 685K · Jun 2023
11071-bedAED 627K · Apr 2009
1–7 of 13

1111, Manchester Tower in numbers

  • Sold once: by Manchester Properties on 30 May 2013 for AED 236,000, or AED 426 per sqft.
  • Rented since October 2013 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2020 and recovered to AED 50,000 by November 2022.
  • At AED 50,000 a year the gross yield on the 2013 price is 21.2%, before a service charge of about AED 10,400 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 5 November 2022.

Questions about 1111, Manchester Tower

What did unit 1111 last sell for?

AED 236,000 on 30 May 2013, sold by the developer: AED 426 per sqft for 553 sqft. It is the only registered sale of the unit.

What is the rent for unit 1111?

AED 50,000 a year on the contract signed on 5 November 2022. The previous contract, from January 2020, was AED 40,000; the unit has been rented since October 2013.

How big is unit 1111?

553 sqft (51.4 sqm): a one-bedroom apartment on the 11th floor of a 30-storey tower completed in 2007.

What is unit 1111 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 1111, Manchester Tower

Starts from the last sale price (AED 236K, 30 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 236,000
Deposit, UAE resident (20%)
AED 47,200
Deposit, non-resident (40%)
AED 94,400
Monthly over 25 years at 3.7%
AED 966

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