501, Manchester Tower
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Manchester Tower
What is 501 worth today?
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Source: Dubai Land Department. Updated 5 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,030 sqft
- Floor
- 5th of 30
- Parking
- C63
- Developer
- Manchester Properties
- Completed
- 2007
- Service charge
- AED 19,400 /yr
- Last sold
- AED 1.05M · December 2023
- Building
- Manchester Tower
About 501, Manchester Tower
501 is a two-bedroom apartment of 1,030 sqft on the 5th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. It last sold on 5 December 2023 for AED 1,050,000, or AED 1,019 per sqft, 14% above the AED 894 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 27 February 2019, is AED 70,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 19,400 a year.
Sales and rents for 501 over time
501 has sold twice; 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 501 sits
All 80 2-beds →501 last sold in December 2023 at AED 1,019 per sqft, 14% above what two-beds in Manchester Tower were fetching at the time (AED 894). 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. 501's AED 70,000 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 5th floor
All 336 units in Manchester Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,080 sqft | AED 610KAED 610,000 · Oct 2011October 2011 | 55,000 /yr | |
| 503 | 1-bed | 337 sqft | AED 287KAED 287,426 · Mar 2013March 2013 | 26,000 /yr | |
| 504 | Studio | 341 sqft | AED 652KAED 652,000 · Oct 2025October 2025 | 50,000 /yr | |
| 505 | 1-bed | 757 sqft | AED 545KAED 545,000 · Jan 2020January 2020 | 90,000 /yr | |
| 506 | 1-bed | 378 sqft | AED 196KAED 196,000 · Sep 2008September 2008 | ||
| 507 | 1-bed | 337 sqft | AED 283KAED 283,155 · Oct 2012October 2012 | 40,000 /yr | |
| 508 | 2-bed | 1,080 sqft | AED 630KAED 630,000 · Nov 2021November 2021 | 89,000 /yr | |
| 509 | 2-bed | 1,030 sqft | AED 875KAED 875,000 · Jun 2023June 2023 | 95,000 /yr | |
| 510 | 1-bed | 328 sqft | AED 272KAED 271,718 · Apr 2009April 2009 | 38,000 /yr | |
| 511 | 1-bed | 355 sqft | AED 500KAED 500,000 · Mar 2018March 2018 | 60,000 /yr | |
| 512 | 1-bed | 700 sqft | AED 605KAED 605,000 · Jan 2013January 2013 | 47,000 /yr | |
| 513 | Studio | 363 sqft | AED 635KAED 635,000 · Apr 2025April 2025 | 43,000 /yr | |
| 514 | 1-bed | 340 sqft | AED 350KAED 350,000 · Feb 2021February 2021 | 120,000 /yr |
501, Manchester Tower in numbers
- Sold twice: first on 20 July 2008 for AED 784,390, last on 5 December 2023 for AED 1,050,000 (AED 1,019 per sqft).
- Rented since November 2012 on 7 Ejari contracts, from AED 60,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 6.7%, 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 5 December 2023.
Questions about 501, Manchester Tower
What did unit 501 last sell for?
AED 1,050,000 on 5 December 2023: AED 1,019 per sqft for 1,030 sqft. The unit has 2 registered sales; the first was AED 784,390 in July 2008.
What is the rent for unit 501?
AED 70,000 a year on the contract signed on 27 February 2019. The previous contract, from December 2017, was AED 85,000; the unit has been rented since November 2012.
How big is unit 501?
1,030 sqft (95.7 sqm): a two-bedroom apartment on the 5th floor of a 30-storey tower completed in 2007.
What is unit 501 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 501, Manchester Tower
Starts from the last sale price (AED 1.05M, 5 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →