1-bed · 484 sqftManchester Tower, Dubai Marina · 13th floor · completed 2007

1302, Manchester Tower

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 780K12 August 2014
Current rentAED 48K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Manchester Tower

What is 1302 worth today?

Last sold for AED 780,000 in 2014

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1 Feb 2023RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
1 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
10 Dec 2018RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
10 Sep 2015RentedNew contract
AED 70,000/yr12 months · AED 145 per sqft
12 Aug 2014SoldReady
AED 780,000AED 1,611 per sqft
12 Aug 2014RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
11 Jul 2013RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
14 Jul 2008Sold by developerReady
AED 242,000AED 499 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
1-bed apartment
Size
484 sqft
Floor
13th of 30
Parking
B19
Developer
Manchester Properties
Completed
2007
Service charge
AED 9,100 /yr
Last sold
AED 780K · August 2014

About 1302, Manchester Tower

1302 is a one-bedroom apartment of 484 sqft on the 13th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. It last sold on 12 August 2014 for AED 780,000, or AED 1,611 per sqft, 26% above the AED 1,276 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 February 2023, is AED 48,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 9,100 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, July 2008: AED 242,000 (AED 499 per sqft)Sold, August 2014: AED 780,000 (AED 1,611 per sqft)

1302 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1302, 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, July 2013: AED 50,000 a yearNew contract, August 2014: AED 55,000 a yearNew contract, September 2015: AED 70,000 a yearNew contract, December 2018: AED 50,000 a yearNew contract, February 2021: AED 30,000 a yearNew contract, February 2023: AED 48,000 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 1302 sits

All 237 1-beds →

1302 last sold in August 2014 at AED 1,611 per sqft, 26% above what one-beds in Manchester Tower were fetching at the time (AED 1,276). 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. 1302's AED 48,000 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 13th floor

All 336 units in Manchester Tower
Value
13011-bedAED 252K · Aug 2008
13031-bedAED 910K · Dec 2023
13041-bedAED 660K · Mar 2023
13051-bedAED 750K · Oct 2023
13061-bedAED 880K · May 2015
13071-bedAED 550K · Jun 2008
13081-bedAED 425K · Dec 2008
1–7 of 13

1302, Manchester Tower in numbers

  • Sold twice: first on 14 July 2008 for AED 242,000, last on 12 August 2014 for AED 780,000 (AED 1,611 per sqft).
  • Rented since July 2013 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2021 and recovered to AED 48,000 by February 2023.
  • At AED 48,000 a year the gross yield on the 2014 price is 6.2%, before a service charge of about AED 9,100 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 1 February 2023.

Questions about 1302, Manchester Tower

What did unit 1302 last sell for?

AED 780,000 on 12 August 2014: AED 1,611 per sqft for 484 sqft. The unit has 2 registered sales; the first was AED 242,000 in July 2008.

What is the rent for unit 1302?

AED 48,000 a year on the contract signed on 1 February 2023. The previous contract, from February 2021, was AED 30,000; the unit has been rented since July 2013.

How big is unit 1302?

484 sqft (45.0 sqm): a one-bedroom apartment on the 13th floor of a 30-storey tower completed in 2007.

What is unit 1302 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 1302, Manchester Tower

Starts from the last sale price (AED 780K, 12 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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