
1603, Al Manara Tower
Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Al Manara Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 380 sqft
- Floor
- 16th of 26
- Parking
- B1-33
- Developer
- ETA Star Property Developers
- Completed
- 2011
- Service charge
- AED 5,400 /yr
- Last sold
- AED 338K · November 2016
- Building
- Al Manara Tower
About 1603, Al Manara Tower
1603 is a studio of 380 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. The developer sold it on 6 November 2016 for AED 337,845, or AED 890 per sqft, 10% below the AED 988 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 September 2026, is AED 36,000 a year: a gross yield of 10.7% on the 2016 price, before the service charge of about AED 5,400 a year.
Sales and rents for 1603 over time
1603 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 1603 sits
All 101 studios →1603 last sold in November 2016 at AED 890 per sqft, 10% below what studios in Al Manara Tower were fetching at the time (AED 988). 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. 1603's AED 36,000 is in the lower half 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 16th floor
All 239 units in Al Manara Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 448 sqft | AED 200KAED 200,000 · Oct 2022October 2022 | 45,600 /yr | |
| 1602 | 1-bed | 705 sqft | AED 650KAED 650,000 · Apr 2024April 2024 | 65,000 /yr | |
| 1604 | Studio | 213 sqft | AED 100KAED 100,000 · Mar 2023March 2023 | 40,000 /yr | |
| 1605 | 1-bed | 779 sqft | AED 695KAED 695,000 · Oct 2026October 2026 | 50,000 /yr | |
| 1606 | 2-bed | 1,339 sqft | AED 785KAED 785,000 · Mar 2023March 2023 | 73,000 /yr | |
| 1607 | 1-bed | 807 sqft | AED 790KAED 790,304 · Aug 2017August 2017 | 60,000 /yr | |
| 1608 | Studio | 438 sqft | AED 305KAED 305,000 · Jan 2023January 2023 | 40,000 /yr | |
| 1609 | 1-bed | 806 sqft | AED 872KAED 872,000 · Dec 2025December 2025 | 65,000 /yr | |
| 1610 | 1-bed | 661 sqft | AED 665KAED 665,000 · Jun 2026June 2026 | 55,000 /yr |
1603, Al Manara Tower in numbers
- Sold once: by ETA Star Property Developers on 6 November 2016 for AED 337,845, or AED 890 per sqft.
- Rented since July 2019 on 8 Ejari contracts. The rent fell from AED 28,000 to AED 21,000 in 2021 and recovered to AED 36,000 by September 2026.
- At AED 36,000 a year the gross yield on the 2016 price is 10.7%, 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 1 September 2026.
Questions about 1603, Al Manara Tower
What did unit 1603 last sell for?
AED 337,845 on 6 November 2016, sold by the developer: AED 890 per sqft for 380 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 36,000 a year on the contract signed on 1 September 2026. The previous contract, from September 2025, was AED 33,000; the unit has been rented since July 2019.
How big is unit 1603?
380 sqft (35.3 sqm): a studio on the 16th floor of a 26-storey tower completed in 2011.
What is unit 1603 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 1603, Al Manara Tower
Starts from the last sale price (AED 338K, 6 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 337,845
- Deposit, UAE resident (20%)
- AED 67,569
- Deposit, non-resident (40%)
- AED 135,138
- Monthly over 25 years at 3.7%
- AED 1,382
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →