402, Manchester Tower
Sold prices and rental history: sold once, by the developer in October 2008, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Manchester Tower
What is 402 worth today?
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Source: Dubai Land Department. Updated 1 November 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,080 sqft
- Floor
- 4th of 30
- Parking
- D39
- Developer
- Manchester Properties
- Completed
- 2007
- Service charge
- AED 20,300 /yr
- Last sold
- AED 640K · October 2008
- Building
- Manchester Tower
About 402, Manchester Tower
402 is a two-bedroom apartment of 1,080 sqft on the 4th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. The developer sold it on 20 October 2008 for AED 640,000, or AED 592 per sqft, 17% below the AED 713 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 November 2020, is AED 58,000 a year: a gross yield of 9.1% on the 2008 price, before the service charge of about AED 20,300 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the two-bed median of each year in the building.
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 402 sits
All 80 2-beds →402 last sold in October 2008 at AED 592 per sqft, 17% below what two-beds in Manchester Tower were fetching at the time (AED 713). 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. 402's AED 58,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,080 sqft | 1,350,000 | 1,249 | ||
| 23 Jul 202623 July 2026 | 1,080 sqft | 1,200,000 | 1,111 | ||
| 22 May 202622 May 2026 | 1,065 sqft | 1,395,000 | 1,309 | ||
| 18 Mar 202618 March 2026 | 1,050 sqft | 1,654,032 | 1,575 |
Manchester Tower
Building336 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%
Other units on the 4th floor
All 336 units in Manchester Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,030 sqft | AED 1.2MAED 1,202,000 · Feb 2013February 2013 | 99,360 /yr | |
| 403 | 1-bed | 337 sqft | AED 248KAED 248,060 · Sep 2008September 2008 | 44,000 /yr | |
| 404 | 1-bed | 341 sqft | AED 196KAED 196,000 · Oct 2008October 2008 | 50,000 /yr | |
| 405 | 1-bed | 757 sqft | AED 299KAED 299,000 · Nov 2008November 2008 | 80,000 /yr | |
| 406 | 1-bed | 378 sqft | AED 370KAED 370,000 · Jun 2020June 2020 | 60,000 /yr | |
| 407 | Studio | 337 sqft | AED 560KAED 560,000 · Jan 2024January 2024 | 35,000 /yr | |
| 408 | 2-bed | 1,080 sqft | AED 970KAED 970,000 · Mar 2024March 2024 | 93,000 /yr | |
| 409 | 2-bed | 1,030 sqft | AED 1.18MAED 1,184,500 · Jun 2016June 2016 | ||
| 410 | 1-bed | 328 sqft | AED 300KAED 300,000 · Dec 2020December 2020 | 32,400 /yr | |
| 411 | 1-bed | 355 sqft | AED 495KAED 495,000 · May 2013May 2013 | 50,625 /yr | |
| 412 | 1-bed | 700 sqft | AED 800KAED 800,000 · Jul 2015July 2015 | ||
| 413 | Studio | 363 sqft | AED 523KAED 522,700 · Aug 2026August 2026 | 60,000 /yr | |
| 414 | 1-bed | 340 sqft | AED 600KAED 600,000 · Oct 2015October 2015 | 48,000 /yr |
402, Manchester Tower in numbers
- Sold once: by Manchester Properties on 20 October 2008 for AED 640,000, or AED 592 per sqft.
- Rented since August 2018 on 3 Ejari contracts, from AED 90,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2008 price is 9.1%, before a service charge of about AED 20,300 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 November 2020.
Questions about 402, Manchester Tower
What did unit 402 last sell for?
AED 640,000 on 20 October 2008, sold by the developer: AED 592 per sqft for 1,080 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 58,000 a year on the contract signed on 1 November 2020. The previous contract, from August 2019, was AED 70,000; the unit has been rented since August 2018.
How big is unit 402?
1,080 sqft (100.3 sqm): a two-bedroom apartment on the 4th floor of a 30-storey tower completed in 2007.
What is unit 402 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 402, Manchester Tower
Starts from the last sale price (AED 640K, 20 October 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →