Studio · 448 sqftAl Manara Tower, Jumeirah Village Triangle (JVT) · 24th floor · completed 2011

2401, Al Manara Tower

Sold prices and rental history: sold twice, last in March 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 13 March 2023
Last soldAED 315K13 March 2023
Current rentAED 25K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Al Manara Tower

What is 2401 worth today?

Last sold for AED 315,000 in 2023

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13 Mar 2023SoldReady
AED 315,000AED 702 per sqft
1 Aug 2020RentedNew contract
AED 25,000/yr12 months · AED 55 per sqft
1 Feb 2019RentedNew contract
AED 33,000/yr12 months · AED 73 per sqft
15 May 2018RentedNew contract
AED 38,000/yr12 months · AED 84 per sqft
18 Oct 2016Sold by developerOff-plan
AED 448,210AED 999 per sqft

Source: Dubai Land Department. Updated 13 March 2023.

Key facts

Type
Studio apartment
Size
448 sqft
Floor
24th of 26
Parking
P3-40
Developer
ETA Star Property Developers
Completed
2011
Service charge
AED 6,400 /yr
Last sold
AED 315K · March 2023

About 2401, Al Manara Tower

2401 is a studio of 448 sqft on the 24th 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 13 March 2023 for AED 315,000, or AED 702 per sqft, in line with the AED 696 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 August 2020, is AED 25,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 6,400 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, October 2016: AED 448,210 (AED 999 per sqft)Sold, March 2023: AED 315,000 (AED 702 per sqft)

2401 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2401, 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, May 2018: AED 38,000 a yearNew contract, February 2019: AED 33,000 a yearNew contract, August 2020: AED 25,000 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 2401 sits

All 101 studios →

2401 last sold in March 2023 at AED 702 per sqft, in line with 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. 2401's AED 25,000 is at the bottom 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 24th floor

All 239 units in Al Manara Tower
Value
24021-bedAED 697K · Feb 2017
2403StudioAED 340K · Aug 2023
2404StudioAED 390K · Dec 2023
24051-bedAED 779K · May 2017
24062-bedAED 826K · Jul 2022
24071-bedAED 794K · Apr 2017
2408StudioAED 422K · Apr 2017
1–7 of 9

2401, Al Manara Tower in numbers

  • Sold twice: first on 18 October 2016 for AED 448,210, last on 13 March 2023 for AED 315,000 (AED 702 per sqft).
  • Rented since May 2018 on 3 Ejari contracts, from AED 38,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 6,400 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 13 March 2023.

Questions about 2401, Al Manara Tower

What did unit 2401 last sell for?

AED 315,000 on 13 March 2023: AED 702 per sqft for 448 sqft. The unit has 2 registered sales; the first was AED 448,210 in October 2016.

What is the rent for unit 2401?

AED 25,000 a year on the contract signed on 1 August 2020. The previous contract, from February 2019, was AED 33,000; the unit has been rented since May 2018.

How big is unit 2401?

448 sqft (41.6 sqm): a studio on the 24th floor of a 26-storey tower completed in 2011.

What is unit 2401 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 2401, Al Manara Tower

Starts from the last sale price (AED 315K, 13 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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