1-bed · 556 sqftManchester Tower, Dubai Marina · 12th floor · completed 2007

1201, Manchester Tower

Sold prices and rental history: sold once, by the developer in January 2009, and rented once, from September 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 20 September 2019
Last soldAED 236K13 January 2009
Current rentAED 42K /yr20 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Manchester Tower

What is 1201 worth today?

Last sold for AED 236,000 in 2009

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20 Sep 2019RentedNew contract
AED 42,000/yr12 months · AED 75 per sqft
13 Jan 2009Sold by developerReady
AED 236,000AED 424 per sqft

Source: Dubai Land Department. Updated 20 September 2019.

Key facts

Type
1-bed apartment
Size
556 sqft
Floor
12th of 30
Parking
A39
Developer
Manchester Properties
Completed
2007
Service charge
AED 10,500 /yr
Last sold
AED 236K · January 2009

About 1201, Manchester Tower

1201 is a one-bedroom apartment of 556 sqft on the 12th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. The developer sold it on 13 January 2009 for AED 236,000, or AED 424 per sqft, 28% below the AED 588 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2019. The current contract, signed on 20 September 2019, is AED 42,000 a year: a gross yield of 17.8% on the 2009 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, January 2009: AED 236,000 (AED 424 per sqft)

1201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, 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, September 2019: AED 42,000 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 1201 sits

All 237 1-beds →

1201 last sold in January 2009 at AED 424 per sqft, 28% below what one-beds in Manchester Tower were fetching at the time (AED 588). 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. 1201's AED 42,000 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 12th floor

All 336 units in Manchester Tower
Value
12021-bedAED 1M · May 2014
12031-bedAED 595K · Jul 2022
12041-bedAED 645K · Jun 2021
12051-bedAED 750K · Feb 2024
12061-bedAED 655K · Jul 2018
12071-bedAED 500K · Aug 2011
12081-bedAED 825K · Oct 2024
1–7 of 13

1201, Manchester Tower in numbers

  • Sold once: by Manchester Properties on 13 January 2009 for AED 236,000, or AED 424 per sqft.
  • Rented since September 2019 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2009 price is 17.8%, before a service charge of about AED 10,500 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 20 September 2019.

Questions about 1201, Manchester Tower

What did unit 1201 last sell for?

AED 236,000 on 13 January 2009, sold by the developer: AED 424 per sqft for 556 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 42,000 a year on the contract signed on 20 September 2019.

How big is unit 1201?

556 sqft (51.7 sqm): a one-bedroom apartment on the 12th floor of a 30-storey tower completed in 2007.

What is unit 1201 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 1201, Manchester Tower

Starts from the last sale price (AED 236K, 13 January 2009). 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 →