407, Manchester Tower
Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Manchester Tower
What is 407 worth today?
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Source: Dubai Land Department. Updated 31 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 337 sqft
- Floor
- 4th of 30
- Parking
- B56
- Developer
- Manchester Properties
- Completed
- 2007
- Service charge
- AED 6,300 /yr
- Last sold
- AED 560K · January 2024
- Building
- Manchester Tower
About 407, Manchester Tower
407 is a studio of 337 sqft on the 4th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. It last sold on 31 January 2024 for AED 560,000, or AED 1,661 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 23 December 2022, is AED 35,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 6,300 a year.
Sales and rents for 407 over time
407 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Manchester Tower, and where 407 sits
All 9 studios →Over the last 12 months studios sold for AED 522,700 to 760,000, around AED 1,725 per sqft, and rent for AED 50,000 to 60,000 a year. 407's AED 35,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 363 sqft | 522,700 | 1,440 | ||
| 3 Jun 20263 June 2026 | 378 sqft | 522,940 | 1,383 | ||
| 17 Dec 202517 December 2025 | 328 sqft | 740,000 | 2,256 | ||
| 25 Nov 202525 November 2025 | 378 sqft | 760,000 | 2,010 |
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 | |
| 402 | 2-bed | 1,080 sqft | AED 640KAED 640,000 · Oct 2008October 2008 | 58,000 /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 | |
| 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 |
407, Manchester Tower in numbers
- Sold 3 times: first on 19 November 2012 for AED 350,000, last on 31 January 2024 for AED 560,000 (AED 1,661 per sqft).
- Rented since February 2015 on 8 Ejari contracts, from AED 60,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 6,300 a year (AED 18.84 per sqft).
- Studios in Manchester Tower sold for AED 522,700–760,000 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 31 January 2024.
Questions about 407, Manchester Tower
What did unit 407 last sell for?
AED 560,000 on 31 January 2024: AED 1,661 per sqft for 337 sqft. The unit has 3 registered sales; the first was AED 350,000 in November 2012.
What is the rent for unit 407?
AED 35,000 a year on the contract renewed on 23 December 2022. The previous contract, from December 2021, was AED 33,000; the unit has been rented since February 2015.
How big is unit 407?
337 sqft (31.3 sqm): a studio on the 4th floor of a 30-storey tower completed in 2007.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Manchester Tower sold for AED 522,700 to 760,000 in the last 12 months, around AED 1,725 per sqft.
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Mortgage on 407, Manchester Tower
Starts from the last sale price (AED 560K, 31 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →