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2-bed · 1,339 sqftAl Manara Tower, Jumeirah Village Triangle (JVT) · 15th floor · completed 2011

1506, Al Manara Tower

Sold prices and rental history: sold once, by the developer in October 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.33M27 October 2016
Current rentAED 71K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1506, Al Manara Tower

What is 1506 worth today?

Last sold for AED 1,330,649 in 2016

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1 Feb 2024RentedRenewal
AED 71,400/yr12 months · AED 53 per sqft
1 Feb 2023RentedNew contract
AED 68,000/yr12 months · AED 51 per sqft
15 Apr 2019RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
27 Oct 2016Sold by developerOff-plan
AED 1,330,649AED 993 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,339 sqft
Floor
15th of 26
Parking
B1-36
Developer
ETA Star Property Developers
Completed
2011
Service charge
AED 19,000 /yr
Last sold
AED 1.33M · October 2016
Building
Al Manara Tower

About 1506, Al Manara Tower

1506 is a two-bedroom apartment of 1,339 sqft on the 15th 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 27 October 2016 for AED 1,330,649, or AED 993 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 71,400 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 19,000 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, October 2016: AED 1,330,649 (AED 993 per sqft)

1506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, 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, April 2019: AED 70,000 a yearNew contract, February 2023: AED 68,000 a yearRenewal, February 2024: AED 71,400 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 1506 sits

All 23 2-beds →

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. 1506's AED 71,400 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 15th floor

All 239 units in Al Manara Tower
Value
1501StudioAED 435K · Jul 2017
15021-bedAED 750K · Oct 2025
1503StudioAED 265K · Oct 2022
1504StudioAED 400K · Aug 2023
15051-bedAED 665K · Jun 2024
1508StudioAED 543K · May 2017
15091-bedAED 625K · Jun 2024

1506, Al Manara Tower in numbers

  • Sold once: by ETA Star Property Developers on 27 October 2016 for AED 1,330,649, or AED 993 per sqft.
  • Rented since April 2019 on 3 Ejari contracts, from AED 70,000 to AED 71,400 a year.
  • At AED 71,400 a year the gross yield on the 2016 price is 5.4%, 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 1 February 2024.

Questions about 1506, Al Manara Tower

What did unit 1506 last sell for?

AED 1,330,649 on 27 October 2016, sold by the developer: AED 993 per sqft for 1,339 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 71,400 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 68,000; the unit has been rented since April 2019.

How big is unit 1506?

1,339 sqft (124.4 sqm): a two-bedroom apartment on the 15th floor of a 26-storey tower completed in 2011.

What is unit 1506 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 1506, Al Manara Tower

Starts from the last sale price (AED 1.33M, 27 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,649
Deposit, UAE resident (20%)
AED 266,130
Deposit, non-resident (40%)
AED 532,260
Monthly over 25 years at 3.7%
AED 5,444

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