1508, Al Manara Tower
Sold prices and rental history: sold once, by the developer in May 2017, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Al Manara Tower
What is 1508 worth today?
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Source: Dubai Land Department. Updated 25 May 2020.
Key facts
- Type
- Studio apartment
- Size
- 438 sqft
- Floor
- 15th of 26
- Parking
- P4-44
- Developer
- ETA Star Property Developers
- Completed
- 2011
- Service charge
- AED 6,200 /yr
- Last sold
- AED 543K · May 2017
- Building
- Al Manara Tower
About 1508, Al Manara Tower
1508 is a studio of 438 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 17 May 2017 for AED 543,000, or AED 1,239 per sqft, 24% above the AED 998 studios in the building were fetching at the time.
One Ejari contract is registered, from 25 May 2020. The current contract, signed on 25 May 2020, is AED 26,000 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 6,200 a year.
Sales and rents for 1508 over time
1508 has sold once; the dashed line is the studio median of each year in the building.
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 1508 sits
All 101 studios →1508 last sold in May 2017 at AED 1,239 per sqft, 24% above what studios in Al Manara Tower were fetching at the time (AED 998). 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. 1508's AED 26,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 426 sqft | 490,000 | 1,151 | ||
| 9 Mar 20269 March 2026 | 426 sqft | 525,000 | 1,233 | ||
| 7 Mar 20267 March 2026 | 448 sqft | 525,000 | 1,171 | ||
| 17 Nov 202517 November 2025 | 448 sqft | 480,000 | 1,070 |
Al Manara Tower
Building239 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%
Other units on the 15th floor
All 239 units in Al Manara Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 448 sqft | AED 435KAED 434,763 · Jul 2017July 2017 | 40,000 /yr | |
| 1502 | 1-bed | 705 sqft | AED 750KAED 750,000 · Oct 2025October 2025 | 55,000 /yr | |
| 1503 | Studio | 380 sqft | AED 265KAED 265,000 · Oct 2022October 2022 | 40,000 /yr | |
| 1504 | Studio | 426 sqft | AED 400KAED 400,000 · Aug 2023August 2023 | ||
| 1505 | 1-bed | 779 sqft | AED 665KAED 665,000 · Jun 2024June 2024 | 57,000 /yr | |
| 1506 | 2-bed | 1,339 sqft | AED 1.33MAED 1,330,649 · Oct 2016October 2016 | 71,400 /yr | |
| 1509 | 1-bed | 806 sqft | AED 625KAED 625,000 · Jun 2024June 2024 | 63,000 /yr |
1508, Al Manara Tower in numbers
- Sold once: by ETA Star Property Developers on 17 May 2017 for AED 543,000, or AED 1,239 per sqft.
- Rented since May 2020 on one Ejari contract, at AED 26,000 a year.
- At AED 26,000 a year the gross yield on the 2017 price is 4.8%, before a service charge of about AED 6,200 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 25 May 2020.
Questions about 1508, Al Manara Tower
What did unit 1508 last sell for?
AED 543,000 on 17 May 2017, sold by the developer: AED 1,239 per sqft for 438 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 26,000 a year on the contract signed on 25 May 2020.
How big is unit 1508?
438 sqft (40.7 sqm): a studio on the 15th floor of a 26-storey tower completed in 2011.
What is unit 1508 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 1508, Al Manara Tower
Starts from the last sale price (AED 543K, 17 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 543,000
- Deposit, UAE resident (20%)
- AED 108,600
- Deposit, non-resident (40%)
- AED 217,200
- Monthly over 25 years at 3.7%
- AED 2,222
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →