1-bed · 807 sqftAl Manara Tower, Jumeirah Village Triangle (JVT) · 16th floor · completed 2011

1607, Al Manara Tower

Sold prices and rental history: sold once, by the developer in August 2017, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 790K6 August 2017
Current rentAED 60K /yr28 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Al Manara Tower

What is 1607 worth today?

Last sold for AED 790,304 in 2017

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28 Mar 2024RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
1 Mar 2019RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
6 Aug 2017Sold by developerOff-plan
AED 790,304AED 979 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
16th of 26
Parking
B3-33
Developer
ETA Star Property Developers
Completed
2011
Service charge
AED 11,500 /yr
Last sold
AED 790K · August 2017

About 1607, Al Manara Tower

1607 is a one-bedroom apartment of 807 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 August 2017 for AED 790,304, or AED 979 per sqft, in line with the AED 990 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 28 March 2024, is AED 60,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, August 2017: AED 790,304 (AED 979 per sqft)

1607 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, 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, March 2019: AED 48,000 a yearNew contract, March 2024: AED 60,000 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 1607 sits

All 115 1-beds →

1607 last sold in August 2017 at AED 979 per sqft, in line with what one-beds in Al Manara Tower were fetching at the time (AED 990). 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. 1607's AED 60,000 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
16021-bedAED 650K · Apr 2024
1603StudioAED 338K · Nov 2016
1604StudioAED 100K · Mar 2023
16051-bedAED 695K · Oct 2026
16062-bedAED 785K · Mar 2023
1608StudioAED 305K · Jan 2023
1–7 of 9

1607, Al Manara Tower in numbers

  • Sold once: by ETA Star Property Developers on 6 August 2017 for AED 790,304, or AED 979 per sqft.
  • Rented since March 2019 on 2 Ejari contracts, from AED 48,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 11,500 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 28 March 2024.

Questions about 1607, Al Manara Tower

What did unit 1607 last sell for?

AED 790,304 on 6 August 2017, sold by the developer: AED 979 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 1607?

AED 60,000 a year on the contract signed on 28 March 2024. The previous contract, from March 2019, was AED 48,000.

How big is unit 1607?

807 sqft (75.0 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2011.

What is unit 1607 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 1607, Al Manara Tower

Starts from the last sale price (AED 790K, 6 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 790,304
Deposit, UAE resident (20%)
AED 158,061
Deposit, non-resident (40%)
AED 316,122
Monthly over 25 years at 3.7%
AED 3,233

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