1-bed · 517 sqftManchester Tower, Dubai Marina · 12th floor · completed 2007

1203, Manchester Tower

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 14 July 2022
Last soldAED 595K14 July 2022
Current rentAED 32K /yr22 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Manchester Tower

What is 1203 worth today?

Last sold for AED 595,000 in 2022

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14 Jul 2022SoldReady
AED 595,000AED 1,150 per sqft
22 Apr 2021RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
5 Aug 2020SoldReady
AED 520,000AED 1,005 per sqft
5 Aug 2020RentedNew contract
AED 63,073/yr9 months · AED 122 per sqft
15 Feb 2018RentedNew contract
AED 58,000/yr12 months · AED 112 per sqft
1 Aug 2013RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
15 Jun 2008Sold by developerReady
AED 236,000AED 456 per sqft

Source: Dubai Land Department. Updated 14 July 2022.

Key facts

Type
1-bed apartment
Size
517 sqft
Floor
12th of 30
Parking
A66
Developer
Manchester Properties
Completed
2007
Service charge
AED 9,700 /yr
Last sold
AED 595K · July 2022

About 1203, Manchester Tower

1203 is a one-bedroom apartment of 517 sqft on the 12th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. It last sold on 14 July 2022 for AED 595,000, or AED 1,150 per sqft, 23% above the AED 935 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 22 April 2021, is AED 32,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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 236,000 (AED 456 per sqft)Sold, August 2020: AED 520,000 (AED 1,005 per sqft)Sold, July 2022: AED 595,000 (AED 1,150 per sqft)

1203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, 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, August 2013: AED 50,000 a yearNew contract, February 2018: AED 58,000 a yearNew contract, August 2020: AED 63,073 a yearNew contract, April 2021: AED 32,000 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 1203 sits

All 237 1-beds →

1203 last sold in July 2022 at AED 1,150 per sqft, 23% above what one-beds in Manchester Tower were fetching at the time (AED 935). 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. 1203's AED 32,000 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
12011-bedAED 236K · Jan 2009
12021-bedAED 1M · May 2014
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

1203, Manchester Tower in numbers

  • Sold 3 times: first on 15 June 2008 for AED 236,000, last on 14 July 2022 for AED 595,000 (AED 1,150 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 50,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2022 price is 5.4%, 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 14 July 2022.

Questions about 1203, Manchester Tower

What did unit 1203 last sell for?

AED 595,000 on 14 July 2022: AED 1,150 per sqft for 517 sqft. The unit has 3 registered sales; the first was AED 236,000 in June 2008.

What is the rent for unit 1203?

AED 32,000 a year on the contract signed on 22 April 2021. The previous contract, from August 2020, was AED 63,073; the unit has been rented since August 2013.

How big is unit 1203?

517 sqft (48.0 sqm): a one-bedroom apartment on the 12th floor of a 30-storey tower completed in 2007.

What is unit 1203 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 1203, Manchester Tower

Starts from the last sale price (AED 595K, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 595,000
Deposit, UAE resident (20%)
AED 119,000
Deposit, non-resident (40%)
AED 238,000
Monthly over 25 years at 3.7%
AED 2,434

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