Studio · 426 sqftAl Manara Tower, Jumeirah Village Triangle (JVT) · 3rd floor · completed 2011

304, Al Manara Tower

Sold prices and rental history: sold once, by the developer in June 2016, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 400K28 June 2016
Current rentAED 12K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Al Manara Tower

What is 304 worth today?

Last sold for AED 399,970 in 2016

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1 Feb 2023RentedNew contract
AED 12,000/yr12 months · AED 28 per sqft
4 Jul 2018RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
28 Jun 2016Sold by developerOff-plan
AED 399,970AED 940 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
3rd of 26
Parking
B3-16
Developer
ETA Star Property Developers
Completed
2011
Service charge
AED 6,100 /yr
Last sold
AED 400K · June 2016

About 304, Al Manara Tower

304 is a studio of 426 sqft on the 3rd 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 28 June 2016 for AED 399,970, or AED 940 per sqft, 5% below the AED 991 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 February 2023, is AED 12,000 a year: a gross yield of 3.0% on the 2016 price, before the service charge of about AED 6,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, June 2016: AED 399,970 (AED 940 per sqft)

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

Rents
Unit 304, each contractTypical studio in Al Manara Tower
20K40K2018202120242027Typical 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 2018: AED 30,000 a yearNew contract, February 2023: AED 12,000 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 304 sits

All 101 studios →

304 last sold in June 2016 at AED 940 per sqft, 5% below what studios in Al Manara Tower were fetching at the time (AED 991). 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. 304's AED 12,000 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 3rd floor

All 239 units in Al Manara Tower
Value
301StudioAED 439K · Oct 2016
3021-bedAED 939K · Nov 2016
303StudioAED 380K · Apr 2017
3051-bedAED 771K · Jul 2017
308StudioAED 426K · Jul 2016
3101-bedAED 650K · Jun 2025

304, Al Manara Tower in numbers

  • Sold once: by ETA Star Property Developers on 28 June 2016 for AED 399,970, or AED 940 per sqft.
  • Rented since July 2018 on 2 Ejari contracts, from AED 30,000 to AED 12,000 a year.
  • At AED 12,000 a year the gross yield on the 2016 price is 3.0%, before a service charge of about AED 6,100 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 February 2023.

Questions about 304, Al Manara Tower

What did unit 304 last sell for?

AED 399,970 on 28 June 2016, sold by the developer: AED 940 per sqft for 426 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 12,000 a year on the contract signed on 1 February 2023. The previous contract, from July 2018, was AED 30,000.

How big is unit 304?

426 sqft (39.6 sqm): a studio on the 3rd floor of a 26-storey tower completed in 2011.

What is unit 304 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 304, Al Manara Tower

Starts from the last sale price (AED 400K, 28 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 399,970
Deposit, UAE resident (20%)
AED 79,994
Deposit, non-resident (40%)
AED 159,988
Monthly over 25 years at 3.7%
AED 1,636

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