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1-bed · 355 sqftManchester Tower, Dubai Marina · 5th floor · completed 2007

511, Manchester Tower

Sold prices and rental history: sold 3 times, last in March 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 15 March 2018
Last soldAED 500K15 March 2018
Current rentAED 60K /yr25 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 511, Manchester Tower

What is 511 worth today?

Last sold for AED 500,000 in 2018

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15 Mar 2018SoldReady
AED 500,000AED 1,408 per sqft
25 Jan 2017RentedNew contract
AED 60,000/yr12 months · AED 169 per sqft
1 Feb 2014RentedNew contract
AED 36,000/yr12 months · AED 101 per sqft
16 May 2013SoldReady
AED 410,000AED 1,154 per sqft
1 Feb 2013RentedNew contract
AED 36,000/yr12 months · AED 101 per sqft
3 Sep 2008Sold by developerReady
AED 279,450AED 787 per sqft

Source: Dubai Land Department. Updated 15 March 2018.

Key facts

Type
1-bed apartment
Size
355 sqft
Floor
5th of 30
Parking
D38
Developer
Manchester Properties
Completed
2007
Service charge
AED 6,700 /yr
Last sold
AED 500K · March 2018
Building
Manchester Tower

About 511, Manchester Tower

511 is a one-bedroom apartment of 355 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 15 March 2018 for AED 500,000, or AED 1,408 per sqft, 27% above the AED 1,107 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 25 January 2017, is AED 60,000 a year: a gross yield of 12.0% on the 2018 price, before the service charge of about AED 6,700 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, September 2008: AED 279,450 (AED 787 per sqft)Sold, May 2013: AED 410,000 (AED 1,154 per sqft)Sold, March 2018: AED 500,000 (AED 1,408 per sqft)

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

Rents
Unit 511, each contractTypical one-bed in Manchester Tower
40K60K2012201620202024Typical 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, February 2013: AED 36,000 a yearNew contract, February 2014: AED 36,000 a yearNew contract, January 2017: AED 60,000 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 511 sits

All 237 1-beds →

511 last sold in March 2018 at AED 1,408 per sqft, 27% above what one-beds in Manchester Tower were fetching at the time (AED 1,107). 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. 511's AED 60,000 is in the lower half 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
5031-bedAED 287K · Mar 2013
504StudioAED 652K · Oct 2025
5051-bedAED 545K · Jan 2020
5061-bedAED 196K · Sep 2008
5071-bedAED 283K · Oct 2012
1–7 of 13

511, Manchester Tower in numbers

  • Sold 3 times: first on 3 September 2008 for AED 279,450, last on 15 March 2018 for AED 500,000 (AED 1,408 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 36,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 12.0%, before a service charge of about AED 6,700 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 15 March 2018.

Questions about 511, Manchester Tower

What did unit 511 last sell for?

AED 500,000 on 15 March 2018: AED 1,408 per sqft for 355 sqft. The unit has 3 registered sales; the first was AED 279,450 in September 2008.

What is the rent for unit 511?

AED 60,000 a year on the contract signed on 25 January 2017. The previous contract, from February 2014, was AED 36,000; the unit has been rented since February 2013.

How big is unit 511?

355 sqft (33.0 sqm): a one-bedroom apartment on the 5th floor of a 30-storey tower completed in 2007.

What is unit 511 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 511, Manchester Tower

Starts from the last sale price (AED 500K, 15 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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