1-bed · 705 sqftAl Manara Tower, Jumeirah Village Triangle (JVT) · 16th floor · completed 2011

1602, Al Manara Tower

Sold prices and rental history: sold twice, last in April 2024, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 650K1 April 2024
Current rentAED 65K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Al Manara Tower

What is 1602 worth today?

Last sold for AED 650,000 in 2024

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10 May 2026RentedNew contract
AED 65,000/yr12 months · AED 92 per sqft
1 Apr 2024SoldReady
AED 650,000AED 921 per sqft
6 Oct 2016Sold by developerOff-plan
AED 647,542AED 918 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
16th of 26
Parking
B1-26
Developer
ETA Star Property Developers
Completed
2011
Service charge
AED 10,000 /yr
Last sold
AED 650K · April 2024

About 1602, Al Manara Tower

1602 is a one-bedroom apartment of 705 sqft on the 16th 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 1 April 2024 for AED 650,000, or AED 921 per sqft, 8% above the AED 851 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 May 2026. The current contract, signed on 10 May 2026, is AED 65,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in Al Manara Tower
400K600K800K2016201920222025Typical sale price by year: 2016 AED 689,773; 2017 AED 779,200; 2018 AED 816,440; 2019 AED 696,811; 2020 AED 425,000; 2022 AED 480,000; 2023 AED 565,000; 2024 AED 632,000; 2025 AED 712,500; 2026 AED 695,000Sold by developer, October 2016: AED 647,542 (AED 918 per sqft)Sold, April 2024: AED 650,000 (AED 921 per sqft)

1602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Al Manara Tower
40K60K2018202120242027Typical rent by year: 2018 AED 50,000; 2019 AED 45,000; 2020 AED 40,000; 2021 AED 35,739; 2022 AED 38,000; 2023 AED 44,500; 2024 AED 50,200; 2025 AED 57,750; 2026 AED 55,000New contract, May 2026: AED 65,000 a year

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

1-beds in Al Manara Tower, and where 1602 sits

All 115 1-beds →

1602 last sold in April 2024 at AED 921 per sqft, 8% above what one-beds in Al Manara Tower were fetching at the time (AED 851). Over the last 12 months one-beds sold for AED 650,000 to 900,000, around AED 1,037 per sqft, and rent for AED 10,000 to 85,000 a year. 1602's AED 65,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 2026660,000
5 Oct 2026695,000
14 Aug 2026710,000
17 Jun 2026707,224
14 1-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 16th floor

All 239 units in Al Manara Tower
Value
1601StudioAED 200K · Oct 2022
1603StudioAED 338K · Nov 2016
1604StudioAED 100K · Mar 2023
16051-bedAED 695K · Oct 2026
16062-bedAED 785K · Mar 2023
16071-bedAED 790K · Aug 2017
1608StudioAED 305K · Jan 2023
1–7 of 9

1602, Al Manara Tower in numbers

  • Sold twice: first on 6 October 2016 for AED 647,542, last on 1 April 2024 for AED 650,000 (AED 921 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 10,000 a year (AED 14.22 per sqft).
  • One-beds in Al Manara Tower sold for AED 650,000–900,000 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 10 May 2026.

Questions about 1602, Al Manara Tower

What did unit 1602 last sell for?

AED 650,000 on 1 April 2024: AED 921 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 647,542 in October 2016.

What is the rent for unit 1602?

AED 65,000 a year on the contract signed on 10 May 2026.

How big is unit 1602?

705 sqft (65.5 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2011.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Manara Tower sold for AED 650,000 to 900,000 in the last 12 months, around AED 1,037 per sqft.

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Mortgage on 1602, Al Manara Tower

Starts from the last sale price (AED 650K, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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