2-bed · 1,100 sqftManchester Tower, Dubai Marina · 23rd floor · completed 2007

2303, Manchester Tower

Sold prices and rental history: sold 4 times, last in November 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 1M12 November 2024
Current rentAED 80K /yr25 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Manchester Tower

What is 2303 worth today?

Last sold for AED 1,000,000 in 2024

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12 Nov 2024SoldReady
AED 1,000,000AED 909 per sqft
2 Oct 2024SoldReady
AED 1,175,000AED 1,068 per sqft
25 Dec 2022RentedNew contract
AED 80,000/yr12 months · AED 73 per sqft
20 Jun 2019RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
1 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 91 per sqft
30 Dec 2013SoldReady
AED 1,225,000AED 1,113 per sqft
24 Jun 2008Sold by developerReady
AED 770,000AED 700 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
2-bed apartment
Size
1,100 sqft
Floor
23rd of 30
Parking
D26
Developer
Manchester Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 1M · November 2024

About 2303, Manchester Tower

2303 is a two-bedroom apartment of 1,100 sqft on the 23rd floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. It last sold on 12 November 2024 for AED 1,000,000, or AED 909 per sqft, 8% below the AED 986 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 25 December 2022, is AED 80,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, 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, June 2008: AED 770,000 (AED 700 per sqft)Sold, December 2013: AED 1,225,000 (AED 1,113 per sqft)Sold, October 2024: AED 1,175,000 (AED 1,068 per sqft)Sold, November 2024: AED 1,000,000 (AED 909 per sqft)

2303 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2303, 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, October 2017: AED 100,000 a yearNew contract, June 2019: AED 75,000 a yearNew contract, December 2022: AED 80,000 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 2303 sits

All 80 2-beds →

2303 last sold in November 2024 at AED 909 per sqft, 8% below what two-beds in Manchester Tower were fetching at the time (AED 986). 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. 2303's AED 80,000 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 23rd floor

All 336 units in Manchester Tower
Value
23012-bedAED 1M · Mar 2013
23022-bedAED 800K · Jul 2019
23042-bedAED 820K · Dec 2008
23052-bedAED 1M · Nov 2022
23062-bedAED 1.35M · Jun 2024
23072-bedAED 1M · May 2024
23082-bedAED 871K · Apr 2022

2303, Manchester Tower in numbers

  • Sold 4 times: first on 24 June 2008 for AED 770,000, last on 12 November 2024 for AED 1,000,000 (AED 909 per sqft).
  • Rented since October 2017 on 3 Ejari contracts, from AED 100,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 20,700 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 12 November 2024.

Questions about 2303, Manchester Tower

What did unit 2303 last sell for?

AED 1,000,000 on 12 November 2024: AED 909 per sqft for 1,100 sqft. The unit has 4 registered sales; the first was AED 770,000 in June 2008.

What is the rent for unit 2303?

AED 80,000 a year on the contract signed on 25 December 2022. The previous contract, from June 2019, was AED 75,000; the unit has been rented since October 2017.

How big is unit 2303?

1,100 sqft (102.2 sqm): a two-bedroom apartment on the 23rd floor of a 30-storey tower completed in 2007.

What is unit 2303 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 2303, Manchester Tower

Starts from the last sale price (AED 1M, 12 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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