2-bed · 1,030 sqftManchester Tower, Dubai Marina · 3rd floor · completed 2007

301, Manchester Tower

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 809K9 March 2009
Current rentAED 96K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Manchester Tower

What is 301 worth today?

Last sold for AED 808,860 in 2009

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1 Jun 2024RentedNew contract
AED 96,000/yr12 months · AED 93 per sqft
1 Jun 2024RentedNew contract
AED 96,000/yr12 months · AED 93 per sqft
1 May 2020RentedNew contract
AED 60,000/yr13 months · AED 58 per sqft
8 May 2018RentedNew contract
AED 52,000/yr12 months · AED 50 per sqft
9 Mar 2009Sold by developerReady
AED 808,860AED 785 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,030 sqft
Floor
3rd of 30
Parking
C1
Developer
Manchester Properties
Completed
2007
Service charge
AED 19,400 /yr
Last sold
AED 809K · March 2009

About 301, Manchester Tower

301 is a two-bedroom apartment of 1,030 sqft on the 3rd floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. The developer sold it on 9 March 2009 for AED 808,860, or AED 785 per sqft, 12% above the AED 700 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 June 2024, is AED 96,000 a year: a gross yield of 11.9% on the 2009 price, before the service charge of about AED 19,400 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, March 2009: AED 808,860 (AED 785 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Manchester Tower
50K75K100K20112015201920232027Typical 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 2018: AED 52,000 a yearNew contract, May 2020: AED 60,000 a yearNew contract, June 2024: AED 96,000 a yearNew contract, June 2024: AED 96,000 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 301 sits

All 80 2-beds →

301 last sold in March 2009 at AED 785 per sqft, 12% above what two-beds in Manchester Tower were fetching at the time (AED 700). 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. 301's AED 96,000 is in the upper 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 3rd floor

All 336 units in Manchester Tower
Value
3022-bedAED 1.2M · Jul 2026
3031-bedAED 274K · Feb 2009
3041-bedAED 443K · Sep 2012
3051-bedAED 730K · Jun 2023
3061-bedAED 480K · Nov 2023
3071-bedAED 240K · Oct 2018
3082-bedAED 1.35M · Oct 2026
1–7 of 13

301, Manchester Tower in numbers

  • Sold once: by Manchester Properties on 9 March 2009 for AED 808,860, or AED 785 per sqft.
  • Rented since May 2018 on 4 Ejari contracts, from AED 52,000 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2009 price is 11.9%, before a service charge of about AED 19,400 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 1 June 2024.

Questions about 301, Manchester Tower

What did unit 301 last sell for?

AED 808,860 on 9 March 2009, sold by the developer: AED 785 per sqft for 1,030 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 96,000 a year on the contract signed on 1 June 2024. The previous contract, from June 2024, was AED 96,000; the unit has been rented since May 2018.

How big is unit 301?

1,030 sqft (95.7 sqm): a two-bedroom apartment on the 3rd floor of a 30-storey tower completed in 2007.

What is unit 301 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 301, Manchester Tower

Starts from the last sale price (AED 809K, 9 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 808,860
Deposit, UAE resident (20%)
AED 161,772
Deposit, non-resident (40%)
AED 323,544
Monthly over 25 years at 3.7%
AED 3,309

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