1-bed · 700 sqftManchester Tower, Dubai Marina · 5th floor · completed 2007

512, Manchester Tower

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

Unit 512 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 605K23 January 2013
Current rentAED 47K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Manchester Tower

What is 512 worth today?

Last sold for AED 605,000 in 2013

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1 Oct 2022RentedNew contract
AED 47,000/yr12 months · AED 67 per sqft
1 Aug 2020RentedNew contract
AED 36,829/yr13 months · AED 53 per sqft
20 Feb 2019RentedNew contract
AED 45,000/yr12 months · AED 64 per sqft
20 Aug 2017RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
20 Feb 2015RentedNew contract
AED 75,000/yr12 months · AED 107 per sqft
20 Feb 2013RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
23 Jan 2013SoldReady
AED 605,000AED 864 per sqft
16 Dec 2012Sold by developerReady
AED 570,000AED 814 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
1-bed apartment
Size
700 sqft
Floor
5th of 30
Parking
B77
Developer
Manchester Properties
Completed
2007
Service charge
AED 13,200 /yr
Last sold
AED 605K · January 2013

About 512, Manchester Tower

512 is a one-bedroom apartment of 700 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 23 January 2013 for AED 605,000, or AED 864 per sqft, in line with the AED 845 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 1 October 2022, is AED 47,000 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 13,200 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, December 2012: AED 570,000 (AED 814 per sqft)Sold, January 2013: AED 605,000 (AED 864 per sqft)

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

Rents
Unit 512, each contractTypical one-bed in Manchester Tower
40K60K80K2012201620202024Typical 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 60,000 a yearNew contract, February 2015: AED 75,000 a yearNew contract, August 2017: AED 60,000 a yearNew contract, February 2019: AED 45,000 a yearNew contract, August 2020: AED 36,829 a yearNew contract, October 2022: AED 47,000 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 512 sits

All 237 1-beds →

512 last sold in January 2013 at AED 864 per sqft, in line with what one-beds in Manchester Tower were fetching at the time (AED 845). 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. 512's AED 47,000 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

512, Manchester Tower in numbers

  • Sold twice: first on 16 December 2012 for AED 570,000, last on 23 January 2013 for AED 605,000 (AED 864 per sqft).
  • Rented since February 2013 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 36,829 in 2020 and recovered to AED 47,000 by October 2022.
  • At AED 47,000 a year the gross yield on the 2013 price is 7.8%, before a service charge of about AED 13,200 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 1 October 2022.

Questions about 512, Manchester Tower

What did unit 512 last sell for?

AED 605,000 on 23 January 2013: AED 864 per sqft for 700 sqft. The unit has 2 registered sales; the first was AED 570,000 in December 2012.

What is the rent for unit 512?

AED 47,000 a year on the contract signed on 1 October 2022. The previous contract, from August 2020, was AED 36,829; the unit has been rented since February 2013.

How big is unit 512?

700 sqft (65.0 sqm): a one-bedroom apartment on the 5th floor of a 30-storey tower completed in 2007.

What is unit 512 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 512, Manchester Tower

Starts from the last sale price (AED 605K, 23 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

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