1-bed · 337 sqftManchester Tower, Dubai Marina · 5th floor · completed 2007

503, Manchester Tower

Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 5 February 2021
Last soldAED 287K4 March 2013
Current rentAED 26K /yr5 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Manchester Tower

What is 503 worth today?

Last sold for AED 287,426 in 2013

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5 Feb 2021RentedNew contract
AED 26,000/yr12 months · AED 77 per sqft
1 Dec 2019RentedRenewal
AED 37,000/yr12 months · AED 110 per sqft
1 Dec 2018RentedNew contract
AED 40,000/yr12 months · AED 119 per sqft
5 Feb 2015RentedNew contract
AED 55,000/yr12 months · AED 165 per sqft
26 Nov 2014RentedNew contract
AED 55,000/yr12 months · AED 165 per sqft
23 Nov 2013RentedNew contract
AED 31,500/yr12 months · AED 94 per sqft
4 Mar 2013Sold by developerReady
AED 287,426AED 852 per sqft

Source: Dubai Land Department. Updated 5 February 2021.

Key facts

Type
1-bed apartment
Size
337 sqft
Floor
5th of 30
Parking
B76
Developer
Manchester Properties
Completed
2007
Service charge
AED 6,300 /yr
Last sold
AED 287K · March 2013

About 503, Manchester Tower

503 is a one-bedroom apartment of 337 sqft on the 5th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. The developer sold it on 4 March 2013 for AED 287,426, or AED 852 per sqft, in line with the AED 851 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 5 February 2021, is AED 26,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 6,300 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Manchester Tower
500K2008201320182023Typical sale price by year: 2008 AED 316,871; 2009 AED 392,000; 2010 AED 425,000; 2011 AED 400,000; 2012 AED 495,000; 2013 AED 525,000; 2014 AED 800,000; 2015 AED 775,000; 2016 AED 715,000; 2017 AED 630,000; 2018 AED 600,000; 2019 AED 485,000; 2020 AED 405,000; 2021 AED 512,500; 2022 AED 535,000; 2023 AED 650,000; 2024 AED 850,000; 2025 AED 890,000; 2026 AED 820,000Sold by developer, March 2013: AED 287,426 (AED 852 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Manchester Tower
25K50K75K2012201620202024Typical rent by year: 2012 AED 53,000; 2013 AED 52,000; 2014 AED 68,000; 2015 AED 72,000; 2016 AED 70,000; 2017 AED 61,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 37,000; 2022 AED 47,000; 2023 AED 58,840; 2024 AED 67,000; 2025 AED 65,000; 2026 AED 60,429New contract, November 2013: AED 31,500 a yearNew contract, November 2014: AED 55,000 a yearNew contract, February 2015: AED 55,000 a yearNew contract, December 2018: AED 40,000 a yearRenewal, December 2019: AED 37,000 a yearNew contract, February 2021: AED 26,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Manchester Tower, and where 503 sits

All 237 1-beds →

503 last sold in March 2013 at AED 852 per sqft, in line with what one-beds in Manchester Tower were fetching at the time (AED 851). Over the last 12 months one-beds sold for AED 730,000 to 1,275,000, around AED 1,566 per sqft, and rent for AED 30,000 to 135,000 a year. 503's AED 26,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026970,000
19 Aug 2026798,457
24 Jul 2026820,000
25 Jun 2026730,000
8 1-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 5th floor

All 336 units in Manchester Tower
Value
5012-bedAED 1.05M · Dec 2023
5022-bedAED 610K · Oct 2011
504StudioAED 652K · Oct 2025
5051-bedAED 545K · Jan 2020
5061-bedAED 196K · Sep 2008
5071-bedAED 283K · Oct 2012
5082-bedAED 630K · Nov 2021
1–7 of 13

503, Manchester Tower in numbers

  • Sold once: by Manchester Properties on 4 March 2013 for AED 287,426, or AED 852 per sqft.
  • Rented since November 2013 on 6 Ejari contracts, from AED 31,500 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2013 price is 9.0%, before a service charge of about AED 6,300 a year (AED 18.84 per sqft).
  • One-beds in Manchester Tower sold for AED 730,000–1,275,000 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 5 February 2021.

Questions about 503, Manchester Tower

What did unit 503 last sell for?

AED 287,426 on 4 March 2013, sold by the developer: AED 852 per sqft for 337 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 26,000 a year on the contract signed on 5 February 2021. The previous contract, from December 2019, was AED 37,000; the unit has been rented since November 2013.

How big is unit 503?

337 sqft (31.3 sqm): a one-bedroom apartment on the 5th floor of a 30-storey tower completed in 2007.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Manchester Tower sold for AED 730,000 to 1,275,000 in the last 12 months, around AED 1,566 per sqft.

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Mortgage on 503, Manchester Tower

Starts from the last sale price (AED 287K, 4 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 287,426
Deposit, UAE resident (20%)
AED 57,485
Deposit, non-resident (40%)
AED 114,970
Monthly over 25 years at 3.7%
AED 1,176

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