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2-bed · 1,329 sqftAl Manara Tower, Jumeirah Village Triangle (JVT) · 24th floor · completed 2011

2406, Al Manara Tower

Sold prices and rental history: sold twice, last in July 2022, and rented once, from February 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 4 July 2022
Last soldAED 826K4 July 2022
Current rentAED 70K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2406, Al Manara Tower

What is 2406 worth today?

Last sold for AED 825,921 in 2022

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4 Jul 2022SoldReady
AED 825,921AED 621 per sqft
1 Feb 2020RentedNew contract
AED 70,000/yr12 months · AED 53 per sqft
10 Jan 2018Sold by developerOff-plan
AED 1,276,886AED 960 per sqft

Source: Dubai Land Department. Updated 4 July 2022.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
24th of 26
Parking
P1-7
Developer
ETA Star Property Developers
Completed
2011
Service charge
AED 18,900 /yr
Last sold
AED 826K · July 2022
Building
Al Manara Tower

About 2406, Al Manara Tower

2406 is a two-bedroom apartment of 1,329 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 4 July 2022 for AED 825,921, or AED 621 per sqft, 7% above the AED 583 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2020. The current contract, signed on 1 February 2020, is AED 70,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 18,900 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, each saleTypical two-bed in Al Manara Tower
1M2016201920222025Typical sale price by year: 2016 AED 1,344,090; 2017 AED 1,344,045; 2018 AED 1,276,886; 2022 AED 755,000; 2023 AED 785,000; 2024 AED 1,150,000Sold by developer, January 2018: AED 1,276,886 (AED 960 per sqft)Sold, July 2022: AED 825,921 (AED 621 per sqft)

2406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2406, each contractTypical two-bed in Al Manara Tower
60K80K2018202120242027Typical rent by year: 2018 AED 81,000; 2019 AED 73,000; 2020 AED 65,350; 2021 AED 58,000; 2022 AED 71,400; 2023 AED 71,625; 2024 AED 81,000; 2025 AED 83,500; 2026 AED 86,000New contract, February 2020: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Manara Tower, and where 2406 sits

All 23 2-beds →

2406 last sold in July 2022 at AED 621 per sqft, 7% above what two-beds in Al Manara Tower were fetching at the time (AED 583). Over the last 12 months two-beds sold for AED 1,220,000 to 1,270,000, around AED 933 per sqft, and rent for AED 80,000 to 107,000 a year. 2406's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 20261,220,000
11 Nov 20251,270,000
26 May 20251,200,000
5 Dec 20241,200,000
2 2-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 24th floor

All 239 units in Al Manara Tower
Value
2401StudioAED 315K · Mar 2023
24021-bedAED 697K · Feb 2017
2403StudioAED 340K · Aug 2023
2404StudioAED 390K · Dec 2023
24051-bedAED 779K · May 2017
24071-bedAED 794K · Apr 2017
2408StudioAED 422K · Apr 2017
1–7 of 9

2406, Al Manara Tower in numbers

  • Sold twice: first on 10 January 2018 for AED 1,276,886, last on 4 July 2022 for AED 825,921 (AED 621 per sqft).
  • Rented since February 2020 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 8.5%, before a service charge of about AED 18,900 a year (AED 14.22 per sqft).
  • Two-beds in Al Manara Tower sold for AED 1,220,000–1,270,000 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 4 July 2022.

Questions about 2406, Al Manara Tower

What did unit 2406 last sell for?

AED 825,921 on 4 July 2022: AED 621 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 1,276,886 in January 2018.

What is the rent for unit 2406?

AED 70,000 a year on the contract signed on 1 February 2020.

How big is unit 2406?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 24th floor of a 26-storey tower completed in 2011.

What is unit 2406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Manara Tower sold for AED 1,220,000 to 1,270,000 in the last 12 months, around AED 933 per sqft.

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Mortgage on 2406, Al Manara Tower

Starts from the last sale price (AED 826K, 4 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 825,921
Deposit, UAE resident (20%)
AED 165,184
Deposit, non-resident (40%)
AED 330,368
Monthly over 25 years at 3.7%
AED 3,379

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