Studio · 380 sqftAl Manara Tower, Jumeirah Village Triangle (JVT) · 16th floor · completed 2011

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.

Unit 1603 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 338K6 November 2016
Current rentAED 36K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Al Manara Tower

What is 1603 worth today?

Last sold for AED 337,845 in 2016

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1 Sep 2026RentedNew contract
AED 36,000/yr12 months · AED 95 per sqft
1 Sep 2025RentedRenewal
AED 33,000/yr12 months · AED 88 per sqft
1 Sep 2024RentedRenewal
AED 31,500/yr12 months · AED 84 per sqft
1 Sep 2023RentedRenewal
AED 27,600/yr12 months · AED 73 per sqft
1 Sep 2022RentedRenewal
AED 24,000/yr12 months · AED 64 per sqft
1 Sep 2021RentedNew contract
AED 21,000/yr12 months · AED 56 per sqft
6 Jul 2020RentedRenewal
AED 28,000/yr12 months · AED 74 per sqft
6 Jul 2019RentedNew contract
AED 28,000/yr12 months · AED 74 per sqft

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

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

Sales
Unit 1603, each saleTypical studio in Al Manara Tower
400K2016201920222025Typical sale price by year: 2016 AED 425,000; 2017 AED 430,511; 2018 AED 420,000; 2019 AED 443,728; 2022 AED 301,000; 2023 AED 340,000; 2024 AED 410,000; 2025 AED 480,000; 2026 AED 525,000Sold by developer, November 2016: AED 337,845 (AED 890 per sqft)

1603 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1603, each contractTypical studio in Al Manara Tower
20K30K40K2018202120242027Typical rent by year: 2018 AED 35,000; 2019 AED 32,000; 2020 AED 27,500; 2021 AED 23,000; 2022 AED 25,000; 2023 AED 30,844; 2024 AED 37,375; 2025 AED 41,053; 2026 AED 40,000New contract, July 2019: AED 28,000 a yearRenewal, July 2020: AED 28,000 a yearNew contract, September 2021: AED 21,000 a yearRenewal, September 2022: AED 24,000 a yearRenewal, September 2023: AED 27,600 a yearRenewal, September 2024: AED 31,500 a yearRenewal, September 2025: AED 33,000 a yearNew contract, September 2026: AED 36,000 a year

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 salesUnit no.Price (AED)Summary
2 Nov 2026490,000
9 Mar 2026525,000
7 Mar 2026525,000
17 Nov 2025480,000
4 studio 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
16021-bedAED 650K · Apr 2024
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

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 →