2-bed · 1,065 sqftManchester Tower, Dubai Marina · 20th floor · completed 2007

2002, Manchester Tower

Sold prices and rental history: sold twice, last in November 2012, and rented since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 11 November 2012
Last soldAED 780K11 November 2012
Current rentAED 60K /yr29 May 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Manchester Tower

What is 2002 worth today?

Last sold for AED 780,000 in 2012

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11 Nov 2012SoldReady
AED 780,000AED 732 per sqft
29 May 2012RentedRenewal
AED 60,000/yr12 months · AED 56 per sqft
29 May 2011RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
9 Nov 2008Sold by developerReady
AED 768,509AED 721 per sqft

Source: Dubai Land Department. Updated 11 November 2012.

Key facts

Type
2-bed apartment
Size
1,065 sqft
Floor
20th of 30
Parking
C53
Developer
Manchester Properties
Completed
2007
Service charge
AED 20,100 /yr
Last sold
AED 780K · November 2012

About 2002, Manchester Tower

2002 is a two-bedroom apartment of 1,065 sqft on the 20th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. It last sold on 11 November 2012 for AED 780,000, or AED 732 per sqft, 6% above the AED 693 two-beds in the building were fetching at the time.

It has been rented since 2011 on 2 Ejari contracts. The current contract, renewed on 29 May 2012, is AED 60,000 a year: a gross yield of 7.7% on the 2012 price, before the service charge of about AED 20,100 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, each saleTypical two-bed in Manchester Tower
1M1.5M2008201320182023Typical sale price by year: 2008 AED 740,250; 2009 AED 816,860; 2010 AED 762,200; 2011 AED 700,000; 2012 AED 728,000; 2013 AED 1,043,138; 2014 AED 1,134,000; 2015 AED 1,184,500; 2016 AED 1,019,188; 2017 AED 1,015,000; 2018 AED 990,000; 2020 AED 690,000; 2021 AED 714,848; 2022 AED 850,000; 2023 AED 950,000; 2024 AED 1,175,000; 2025 AED 1,310,000; 2026 AED 1,395,000Sold by developer, November 2008: AED 768,509 (AED 721 per sqft)Sold, November 2012: AED 780,000 (AED 732 per sqft)

2002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2002, each contractTypical two-bed in Manchester Tower
60K80K100K20112015201920232027Typical rent by year: 2011 AED 60,000; 2012 AED 65,000; 2013 AED 70,000; 2014 AED 91,000; 2015 AED 95,440; 2016 AED 96,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 70,400; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 66,000; 2023 AED 84,000; 2024 AED 96,000; 2025 AED 100,000; 2026 AED 89,125New contract, May 2011: AED 60,000 a yearRenewal, May 2012: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Manchester Tower, and where 2002 sits

All 80 2-beds →

2002 last sold in November 2012 at AED 732 per sqft, 6% above what two-beds in Manchester Tower were fetching at the time (AED 693). Over the last 12 months two-beds sold for AED 1,200,000 to 1,654,032, around AED 1,324 per sqft, and rent for AED 41,000 to 147,000 a year. 2002's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20261,350,000
23 Jul 20261,200,000
22 May 20261,395,000
18 Mar 20261,654,032
6 2-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 20th floor

All 336 units in Manchester Tower
Value
20012-bedAED 950K · Feb 2022
20032-bedAED 463K · Dec 2022
20042-bedAED 944K · Jul 2008
20052-bedAED 1.04M · Feb 2016
20062-bedAED 900K · Jul 2023
20072-bedAED 1.65M · Mar 2026
20082-bedAED 1.03M · May 2017

2002, Manchester Tower in numbers

  • Sold twice: first on 9 November 2008 for AED 768,509, last on 11 November 2012 for AED 780,000 (AED 732 per sqft).
  • Rented since May 2011 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2012 price is 7.7%, before a service charge of about AED 20,100 a year (AED 18.84 per sqft).
  • Two-beds in Manchester Tower sold for AED 1,200,000–1,654,032 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 11 November 2012.

Questions about 2002, Manchester Tower

What did unit 2002 last sell for?

AED 780,000 on 11 November 2012: AED 732 per sqft for 1,065 sqft. The unit has 2 registered sales; the first was AED 768,509 in November 2008.

What is the rent for unit 2002?

AED 60,000 a year on the contract renewed on 29 May 2012. The previous contract, from May 2011, was AED 60,000.

How big is unit 2002?

1,065 sqft (98.9 sqm): a two-bedroom apartment on the 20th floor of a 30-storey tower completed in 2007.

What is unit 2002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Manchester Tower sold for AED 1,200,000 to 1,654,032 in the last 12 months, around AED 1,324 per sqft.

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Mortgage on 2002, Manchester Tower

Starts from the last sale price (AED 780K, 11 November 2012). 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 →