2-bed · 1,339 sqftAl Manara Tower, Jumeirah Village Triangle (JVT) · 14th floor · completed 2011

1406, Al Manara Tower

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 24 September 2022
Last soldAED 1.34M2 August 2017
Current rentAED 60K /yr24 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Al Manara Tower

What is 1406 worth today?

Last sold for AED 1,344,000 in 2017

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24 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft
1 Jul 2021RentedNew contract
AED 55,000/yr12 months · AED 41 per sqft
14 Jun 2020RentedNew contract
AED 62,825/yr12 months · AED 47 per sqft
10 Feb 2018RentedNew contract
AED 85,000/yr12 months · AED 64 per sqft
2 Aug 2017Sold by developerOff-plan
AED 1,344,000AED 1,003 per sqft

Source: Dubai Land Department. Updated 24 September 2022.

Key facts

Type
2-bed apartment
Size
1,339 sqft
Floor
14th of 26
Parking
B2-4
Developer
ETA Star Property Developers
Completed
2011
Service charge
AED 19,000 /yr
Last sold
AED 1.34M · August 2017

About 1406, Al Manara Tower

1406 is a two-bedroom apartment of 1,339 sqft on the 14th floor of Al Manara Tower, a 26-storey tower in Jumeirah Village Triangle (JVT) completed in 2011 by ETA Star Property Developers. The developer sold it on 2 August 2017 for AED 1,344,000, or AED 1,003 per sqft, in line with the AED 1,004 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 24 September 2022, is AED 60,000 a year: a gross yield of 4.5% on the 2017 price, before the service charge of about AED 19,000 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical two-bed in Al Manara Tower
1M2016201920222025Typical sale price by year: 2016 AED 1,344,090; 2017 AED 1,344,045; 2018 AED 1,276,886; 2022 AED 755,000; 2023 AED 785,000; 2024 AED 1,150,000Sold by developer, August 2017: AED 1,344,000 (AED 1,003 per sqft)

1406 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, each contractTypical two-bed in Al Manara Tower
60K80K2018202120242027Typical rent by year: 2018 AED 81,000; 2019 AED 73,000; 2020 AED 65,350; 2021 AED 58,000; 2022 AED 71,400; 2023 AED 71,625; 2024 AED 81,000; 2025 AED 83,500; 2026 AED 86,000New contract, February 2018: AED 85,000 a yearNew contract, June 2020: AED 62,825 a yearNew contract, July 2021: AED 55,000 a yearNew contract, September 2022: AED 60,000 a year

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

2-beds in Al Manara Tower, and where 1406 sits

All 23 2-beds →

1406 last sold in August 2017 at AED 1,003 per sqft, in line with what two-beds in Al Manara Tower were fetching at the time (AED 1,004). Over the last 12 months two-beds sold for AED 1,220,000 to 1,270,000, around AED 933 per sqft, and rent for AED 80,000 to 107,000 a year. 1406's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 20261,220,000
11 Nov 20251,270,000
26 May 20251,200,000
5 Dec 20241,200,000
2 2-bed 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 14th floor

All 239 units in Al Manara Tower
Value
1401StudioAED 448K · Jun 2017
14021-bedAED 630K · Jun 2024
1403StudioAED 410K · Aug 2024
1404StudioAED 417K · Nov 2017
14051-bedAED 707K · Jun 2026
14071-bedAED 802K · Feb 2018
1408StudioAED 485K · Jul 2025
1–7 of 9

1406, Al Manara Tower in numbers

  • Sold once: by ETA Star Property Developers on 2 August 2017 for AED 1,344,000, or AED 1,003 per sqft.
  • Rented since February 2018 on 4 Ejari contracts, from AED 85,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 4.5%, before a service charge of about AED 19,000 a year (AED 14.22 per sqft).
  • Two-beds in Al Manara Tower sold for AED 1,220,000–1,270,000 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 24 September 2022.

Questions about 1406, Al Manara Tower

What did unit 1406 last sell for?

AED 1,344,000 on 2 August 2017, sold by the developer: AED 1,003 per sqft for 1,339 sqft. It is the only registered sale of the unit.

What is the rent for unit 1406?

AED 60,000 a year on the contract signed on 24 September 2022. The previous contract, from July 2021, was AED 55,000; the unit has been rented since February 2018.

How big is unit 1406?

1,339 sqft (124.4 sqm): a two-bedroom apartment on the 14th floor of a 26-storey tower completed in 2011.

What is unit 1406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Manara Tower sold for AED 1,220,000 to 1,270,000 in the last 12 months, around AED 933 per sqft.

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Mortgage on 1406, Al Manara Tower

Starts from the last sale price (AED 1.34M, 2 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,344,000
Deposit, UAE resident (20%)
AED 268,800
Deposit, non-resident (40%)
AED 537,600
Monthly over 25 years at 3.7%
AED 5,499

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