514, Manchester Tower
Sold prices and rental history: sold 5 times, last in February 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, Manchester Tower
What is 514 worth today?
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Source: Dubai Land Department. Updated 1 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 340 sqft
- Floor
- 5th of 30
- Parking
- C67
- Developer
- Manchester Properties
- Completed
- 2007
- Service charge
- AED 6,400 /yr
- Last sold
- AED 350K · February 2021
- Building
- Manchester Tower
About 514, Manchester Tower
514 is a one-bedroom apartment of 340 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 7 February 2021 for AED 350,000, or AED 1,029 per sqft, 17% above the AED 882 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 April 2022, is AED 120,000 a year: a gross yield of 34.3% on the 2021 price, before the service charge of about AED 6,400 a year.
Sales and rents for 514 over time
514 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 514 sits
All 237 1-beds →514 last sold in February 2021 at AED 1,029 per sqft, 17% above what one-beds in Manchester Tower were fetching at the time (AED 882). 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. 514's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 727 sqft | 970,000 | 1,334 | ||
| 19 Aug 202619 August 2026 | 553 sqft | 798,457 | 1,443 | ||
| 24 Jul 202624 July 2026 | 484 sqft | 820,000 | 1,694 | ||
| 25 Jun 202625 June 2026 | 484 sqft | 730,000 | 1,508 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,030 sqft | AED 1.05MAED 1,050,000 · Dec 2023December 2023 | 70,000 /yr | |
| 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, Manchester Tower in numbers
- Sold 5 times: first on 28 May 2008 for AED 180,746, last on 7 February 2021 for AED 350,000 (AED 1,029 per sqft).
- Rented since April 2014 on 6 Ejari contracts. The rent fell from AED 37,709 to AED 23,936 in 2021 and recovered to AED 120,000 by April 2022.
- At AED 120,000 a year the gross yield on the 2021 price is 34.3%, before a service charge of about AED 6,400 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 April 2022.
Questions about 514, Manchester Tower
What did unit 514 last sell for?
AED 350,000 on 7 February 2021: AED 1,029 per sqft for 340 sqft. The unit has 5 registered sales; the first was AED 180,746 in May 2008.
What is the rent for unit 514?
AED 120,000 a year on the contract signed on 1 April 2022. The previous contract, from March 2021, was AED 23,936; the unit has been rented since April 2014.
How big is unit 514?
340 sqft (31.6 sqm): a one-bedroom apartment on the 5th floor of a 30-storey tower completed in 2007.
What is unit 514 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 514, Manchester Tower
Starts from the last sale price (AED 350K, 7 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →