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

309, Manchester Tower

Sold prices and rental history: sold 3 times, last in August 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.11M5 August 2014
Current rentAED 42K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Manchester Tower

What is 309 worth today?

Last sold for AED 1,112,500 in 2014

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1 Jun 2024RentedNew contract
AED 41,538/yr13 months · AED 40 per sqft
1 Jun 2024RentedNew contract
AED 41,538/yr13 months · AED 40 per sqft
26 May 2023RentedRenewal
AED 47,000/yr12 months · AED 45 per sqft
26 May 2022RentedNew contract
AED 47,000/yr12 months · AED 45 per sqft
20 Oct 2021RentedNew contract
AED 125,000/yr12 months · AED 121 per sqft
26 May 2020RentedNew contract
AED 47,000/yr12 months · AED 45 per sqft
10 Jan 2015RentedNew contract
AED 90,720/yr12 months · AED 88 per sqft
5 Aug 2014SoldReady
AED 1,112,500AED 1,080 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
D22
Developer
Manchester Properties
Completed
2007
Service charge
AED 19,400 /yr
Last sold
AED 1.11M · August 2014

About 309, Manchester Tower

309 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. It last sold on 5 August 2014 for AED 1,112,500, or AED 1,080 per sqft, 6% above the AED 1,019 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 June 2024, is AED 41,538 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 19,400 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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 721,000 (AED 700 per sqft)Sold, July 2014: AED 1,076,684 (AED 1,045 per sqft)Sold, August 2014: AED 1,112,500 (AED 1,080 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Manchester Tower
50K100K20112015201920232027Typical 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 2015: AED 90,720 a yearNew contract, May 2020: AED 47,000 a yearNew contract, October 2021: AED 125,000 a yearNew contract, May 2022: AED 47,000 a yearRenewal, May 2023: AED 47,000 a yearNew contract, June 2024: AED 41,538 a yearNew contract, June 2024: AED 41,538 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 309 sits

All 80 2-beds →

309 last sold in August 2014 at AED 1,080 per sqft, 6% above what two-beds in Manchester Tower were fetching at the time (AED 1,019). 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. 309's AED 41,538 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 3rd floor

All 336 units in Manchester Tower
Value
3012-bedAED 809K · Mar 2009
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
1–7 of 13

309, Manchester Tower in numbers

  • Sold 3 times: first on 31 December 2008 for AED 721,000, last on 5 August 2014 for AED 1,112,500 (AED 1,080 per sqft).
  • Rented since January 2015 on 7 Ejari contracts, from AED 90,720 to AED 41,538 a year.
  • At AED 41,538 a year the gross yield on the 2014 price is 3.7%, 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 309, Manchester Tower

What did unit 309 last sell for?

AED 1,112,500 on 5 August 2014: AED 1,080 per sqft for 1,030 sqft. The unit has 3 registered sales; the first was AED 721,000 in December 2008.

What is the rent for unit 309?

AED 41,538 a year on the contract signed on 1 June 2024. The previous contract, from June 2024, was AED 41,538; the unit has been rented since January 2015.

How big is unit 309?

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 309 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 309, Manchester Tower

Starts from the last sale price (AED 1.11M, 5 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,112,500
Deposit, UAE resident (20%)
AED 222,500
Deposit, non-resident (40%)
AED 445,000
Monthly over 25 years at 3.7%
AED 4,552

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