1-bed · 727 sqftManchester Tower, Dubai Marina · 15th floor · completed 2007

1505, Manchester Tower

Sold prices and rental history: sold 3 times, last in January 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 21 January 2019
Last soldAED 650K21 January 2019
Current rentAED 65K /yr5 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Manchester Tower

What is 1505 worth today?

Last sold for AED 650,000 in 2019

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21 Jan 2019SoldReady
AED 650,000AED 894 per sqft
5 May 2018RentedNew contract
AED 65,000/yr12 months · AED 89 per sqft
5 May 2017RentedNew contract
AED 74,000/yr12 months · AED 101 per sqft
10 Mar 2016RentedNew contract
AED 80,000/yr12 months · AED 109 per sqft
12 Apr 2015SoldReady
AED 950,000AED 1,306 per sqft
24 Jul 2008Sold by developerReady
AED 493,361AED 678 per sqft

Source: Dubai Land Department. Updated 21 January 2019.

Key facts

Type
1-bed apartment
Size
727 sqft
Floor
15th of 30
Parking
B78
Developer
Manchester Properties
Completed
2007
Service charge
AED 13,700 /yr
Last sold
AED 650K · January 2019

About 1505, Manchester Tower

1505 is a one-bedroom apartment of 727 sqft on the 15th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. It last sold on 21 January 2019 for AED 650,000, or AED 894 per sqft, 20% below the AED 1,116 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 5 May 2018, is AED 65,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 13,700 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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 493,361 (AED 678 per sqft)Sold, April 2015: AED 950,000 (AED 1,306 per sqft)Sold, January 2019: AED 650,000 (AED 894 per sqft)

1505 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1505, 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, March 2016: AED 80,000 a yearNew contract, May 2017: AED 74,000 a yearNew contract, May 2018: AED 65,000 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 1505 sits

All 237 1-beds →

1505 last sold in January 2019 at AED 894 per sqft, 20% below what one-beds in Manchester Tower were fetching at the time (AED 1,116). 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. 1505's AED 65,000 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 15th floor

All 336 units in Manchester Tower
Value
15011-bedAED 419K · Mar 2012
15021-bedAED 510K · Feb 2022
15031-bedAED 460K · Aug 2019
15041-bedAED 785K · Feb 2024
15061-bedAED 375K · Nov 2017
15071-bedAED 605K · Jul 2009
15081-bedAED 635K · May 2013
1–7 of 13

1505, Manchester Tower in numbers

  • Sold 3 times: first on 24 July 2008 for AED 493,361, last on 21 January 2019 for AED 650,000 (AED 894 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 80,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 13,700 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 21 January 2019.

Questions about 1505, Manchester Tower

What did unit 1505 last sell for?

AED 650,000 on 21 January 2019: AED 894 per sqft for 727 sqft. The unit has 3 registered sales; the first was AED 493,361 in July 2008.

What is the rent for unit 1505?

AED 65,000 a year on the contract signed on 5 May 2018. The previous contract, from May 2017, was AED 74,000; the unit has been rented since March 2016.

How big is unit 1505?

727 sqft (67.5 sqm): a one-bedroom apartment on the 15th floor of a 30-storey tower completed in 2007.

What is unit 1505 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 1505, Manchester Tower

Starts from the last sale price (AED 650K, 21 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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