1604, Al Manara Tower
Sold prices and rental history: sold twice, last in March 2023, 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 1604, Al Manara Tower
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Source: Dubai Land Department. Updated 22 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 213 sqft
- Floor
- 16th of 26
- Parking
- B2-14
- Developer
- ETA Star Property Developers
- Completed
- 2011
- Service charge
- AED 3,000 /yr
- Last sold
- AED 100K · March 2023
- Building
- Al Manara Tower
About 1604, Al Manara Tower
1604 is a studio of 213 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 31 March 2023 for AED 100,000, or AED 470 per sqft, 32% below the AED 696 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 22 August 2026, is AED 40,000 a year: a gross yield of 40.0% on the 2023 price, before the service charge of about AED 3,000 a year.
Sales and rents for 1604 over time
1604 has sold twice; 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 1604 sits
All 101 studios →1604 last sold in March 2023 at AED 470 per sqft, 32% below what studios in Al Manara Tower were fetching at the time (AED 696). 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. 1604's AED 40,000 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 | |
| 1603 | Studio | 380 sqft | AED 338KAED 337,845 · Nov 2016November 2016 | 36,000 /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 |
1604, Al Manara Tower in numbers
- Sold twice: first on 7 December 2016 for AED 425,000, last on 31 March 2023 for AED 100,000 (AED 470 per sqft).
- Rented since November 2019 on 5 Ejari contracts. The rent fell from AED 30,000 to AED 20,000 in 2021 and recovered to AED 40,000 by August 2026.
- At AED 40,000 a year the gross yield on the 2023 price is 40.0%, before a service charge of about AED 3,000 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 22 August 2026.
Questions about 1604, Al Manara Tower
What did unit 1604 last sell for?
AED 100,000 on 31 March 2023: AED 470 per sqft for 213 sqft. The unit has 2 registered sales; the first was AED 425,000 in December 2016.
What is the rent for unit 1604?
AED 40,000 a year on the contract renewed on 22 August 2026. The previous contract, from August 2025, was AED 40,000; the unit has been rented since November 2019.
How big is unit 1604?
213 sqft (19.8 sqm): a studio on the 16th floor of a 26-storey tower completed in 2011.
What is unit 1604 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 1604, Al Manara Tower
Starts from the last sale price (AED 100K, 31 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 100,000
- Deposit, UAE resident (20%)
- AED 20,000
- Deposit, non-resident (40%)
- AED 40,000
- Monthly over 25 years at 3.7%
- AED 409
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →