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2-bed · 1,050 sqftManchester Tower, Dubai Marina · 23rd floor · completed 2007

2307, Manchester Tower

Sold prices and rental history: sold 4 times, last in May 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2307 · DLD and Ejari recordsUpdated 23 May 2024
Last soldAED 1M23 May 2024
Current rentAED 76K /yr19 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2307, Manchester Tower

What is 2307 worth today?

Last sold for AED 1,000,000 in 2024

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23 May 2024SoldReady
AED 1,000,000AED 952 per sqft
21 Nov 2016SoldReady
AED 1,115,000AED 1,061 per sqft
19 Jan 2015RentedNew contract
AED 75,600/yr6 months · AED 72 per sqft
20 Jan 2014RentedNew contract
AED 75,600/yr12 months · AED 72 per sqft
18 Dec 2013SoldReady
AED 1,070,000AED 1,019 per sqft
20 Jan 2013RentedNew contract
AED 63,000/yr12 months · AED 60 per sqft
31 Dec 2008Sold by developerReady
AED 735,000AED 699 per sqft

Source: Dubai Land Department. Updated 23 May 2024.

Key facts

Type
2-bed apartment
Size
1,050 sqft
Floor
23rd of 30
Parking
C74
Developer
Manchester Properties
Completed
2007
Service charge
AED 19,800 /yr
Last sold
AED 1M · May 2024
Building
Manchester Tower

About 2307, Manchester Tower

2307 is a two-bedroom apartment of 1,050 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 23 May 2024 for AED 1,000,000, or AED 952 per sqft, in line with the AED 925 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 19 January 2015, is AED 75,600 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2307 over time

Sales
Unit 2307, 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, December 2008: AED 735,000 (AED 699 per sqft)Sold, December 2013: AED 1,070,000 (AED 1,019 per sqft)Sold, November 2016: AED 1,115,000 (AED 1,061 per sqft)Sold, May 2024: AED 1,000,000 (AED 952 per sqft)

2307 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2307, 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, January 2013: AED 63,000 a yearNew contract, January 2014: AED 75,600 a yearNew contract, January 2015: AED 75,600 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 2307 sits

All 80 2-beds →

2307 last sold in May 2024 at AED 952 per sqft, in line with what two-beds in Manchester Tower were fetching at the time (AED 925). 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. 2307's AED 75,600 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
23032-bedAED 1M · Nov 2024
23042-bedAED 820K · Dec 2008
23052-bedAED 1M · Nov 2022
23062-bedAED 1.35M · Jun 2024
23082-bedAED 871K · Apr 2022

2307, Manchester Tower in numbers

  • Sold 4 times: first on 31 December 2008 for AED 735,000, last on 23 May 2024 for AED 1,000,000 (AED 952 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 63,000 to AED 75,600 a year.
  • At AED 75,600 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 19,800 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 23 May 2024.

Questions about 2307, Manchester Tower

What did unit 2307 last sell for?

AED 1,000,000 on 23 May 2024: AED 952 per sqft for 1,050 sqft. The unit has 4 registered sales; the first was AED 735,000 in December 2008.

What is the rent for unit 2307?

AED 75,600 a year on the contract signed on 19 January 2015. The previous contract, from January 2014, was AED 75,600; the unit has been rented since January 2013.

How big is unit 2307?

1,050 sqft (97.5 sqm): a two-bedroom apartment on the 23rd floor of a 30-storey tower completed in 2007.

What is unit 2307 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 2307, Manchester Tower

Starts from the last sale price (AED 1M, 23 May 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 →