Studio · 380 sqftAl Manara Tower, Jumeirah Village Triangle (JVT) · 11th floor · completed 2011

1103, Al Manara Tower

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 11 May 2024
Last soldAED 385K2 October 2023
Current rentAED 48K /yr11 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Al Manara Tower

What is 1103 worth today?

Last sold for AED 385,000 in 2023

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11 May 2024RentedNew contract
AED 48,000/yr12 months · AED 127 per sqft
2 Oct 2023SoldReady
AED 385,000AED 1,014 per sqft
1 Jul 2022RentedNew contract
AED 25,000/yr12 months · AED 66 per sqft
15 Jul 2019RentedRenewal
AED 29,840/yr12 months · AED 79 per sqft
15 Jul 2018RentedNew contract
AED 33,000/yr12 months · AED 88 per sqft
18 Oct 2016Sold by developerOff-plan
AED 351,358AED 925 per sqft

Source: Dubai Land Department. Updated 11 May 2024.

Key facts

Type
Studio apartment
Size
380 sqft
Floor
11th of 26
Parking
B2-25
Developer
ETA Star Property Developers
Completed
2011
Service charge
AED 5,400 /yr
Last sold
AED 385K · October 2023

About 1103, Al Manara Tower

1103 is a studio of 380 sqft on the 11th floor of Al Manara Tower, a 26-storey tower in Jumeirah Village Triangle (JVT) completed in 2011 by ETA Star Property Developers. It last sold on 2 October 2023 for AED 385,000, or AED 1,014 per sqft, 42% above the AED 713 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 11 May 2024, is AED 48,000 a year: a gross yield of 12.5% on the 2023 price, before the service charge of about AED 5,400 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical studio in Al Manara Tower
400K2016201920222025Typical sale price by year: 2016 AED 425,000; 2017 AED 430,511; 2018 AED 420,000; 2019 AED 443,728; 2022 AED 301,000; 2023 AED 340,000; 2024 AED 410,000; 2025 AED 480,000; 2026 AED 525,000Sold by developer, October 2016: AED 351,358 (AED 925 per sqft)Sold, October 2023: AED 385,000 (AED 1,014 per sqft)

1103 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1103, each contractTypical studio in Al Manara Tower
20K40K2018202120242027Typical rent by year: 2018 AED 35,000; 2019 AED 32,000; 2020 AED 27,500; 2021 AED 23,000; 2022 AED 25,000; 2023 AED 30,844; 2024 AED 37,375; 2025 AED 41,053; 2026 AED 40,000New contract, July 2018: AED 33,000 a yearRenewal, July 2019: AED 29,840 a yearNew contract, July 2022: AED 25,000 a yearNew contract, May 2024: AED 48,000 a year

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

Studios in Al Manara Tower, and where 1103 sits

All 101 studios →

1103 last sold in October 2023 at AED 1,014 per sqft, 42% above what studios in Al Manara Tower were fetching at the time (AED 713). Over the last 12 months studios sold for AED 480,000 to 525,000, around AED 1,161 per sqft, and rent for AED 32,000 to 60,000 a year. 1103's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Nov 2026490,000
9 Mar 2026525,000
7 Mar 2026525,000
17 Nov 2025480,000
4 studio sales in the last 12 months

Al Manara Tower

Building

239 apartments, studios to 2-bed over 26 floors in Jumeirah Village Triangle (JVT), completed in 2011 by ETA Star Property Developers. 20 sold in the last 12 months.

Typical price per sqft
AED 1,044 Up 3.0%
Typical sale
AED 690K
Typical rent
AED 50K /yr
Typical yield
8.3%
Al Manara Tower, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the 11th floor

All 239 units in Al Manara Tower
Value
1101StudioAED 320K · Nov 2022
11021-bedAED 690K · Jan 2017
1104StudioAED 421K · Jun 2016
11051-bedAED 736K · Nov 2017
11071-bedAED 794K · Mar 2017
1108StudioAED 435K · Sep 2017
11091-bedAED 898K · Aug 2017
1–7 of 8

1103, Al Manara Tower in numbers

  • Sold twice: first on 18 October 2016 for AED 351,358, last on 2 October 2023 for AED 385,000 (AED 1,014 per sqft).
  • Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 33,000 to AED 25,000 in 2022 and recovered to AED 48,000 by May 2024.
  • At AED 48,000 a year the gross yield on the 2023 price is 12.5%, before a service charge of about AED 5,400 a year (AED 14.22 per sqft).
  • Studios in Al Manara Tower sold for AED 480,000–525,000 in the 12 months to November 2026; the building's median across all types is AED 1,044 per sqft.

Source: Dubai Land Department. Updated 11 May 2024.

Questions about 1103, Al Manara Tower

What did unit 1103 last sell for?

AED 385,000 on 2 October 2023: AED 1,014 per sqft for 380 sqft. The unit has 2 registered sales; the first was AED 351,358 in October 2016.

What is the rent for unit 1103?

AED 48,000 a year on the contract signed on 11 May 2024. The previous contract, from July 2022, was AED 25,000; the unit has been rented since July 2018.

How big is unit 1103?

380 sqft (35.3 sqm): a studio on the 11th floor of a 26-storey tower completed in 2011.

What is unit 1103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Manara Tower sold for AED 480,000 to 525,000 in the last 12 months, around AED 1,161 per sqft.

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Mortgage on 1103, Al Manara Tower

Starts from the last sale price (AED 385K, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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