308, Al Manara Tower
Sold prices and rental history: sold once, by the developer in July 2016, 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 308, Al Manara Tower
What is 308 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 438 sqft
- Floor
- 3rd of 26
- Parking
- B2-16
- Developer
- ETA Star Property Developers
- Completed
- 2011
- Service charge
- AED 6,200 /yr
- Last sold
- AED 426K · July 2016
- Building
- Al Manara Tower
About 308, Al Manara Tower
308 is a studio of 438 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 31 July 2016 for AED 426,163, or AED 973 per sqft, in line with the AED 981 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 20 February 2026, is AED 48,000 a year: a gross yield of 11.3% on the 2016 price, before the service charge of about AED 6,200 a year.
Sales and rents for 308 over time
308 has sold once; 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 308 sits
All 101 studios →308 last sold in July 2016 at AED 973 per sqft, in line with what studios in Al Manara Tower were fetching at the time (AED 981). 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. 308's AED 48,000 is in the upper 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 3rd floor
All 239 units in Al Manara Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 448 sqft | AED 439KAED 439,245 · Oct 2016October 2016 | 53,000 /yr | |
| 302 | 1-bed | 705 sqft | AED 939KAED 938,828 · Nov 2016November 2016 | 49,000 /yr | |
| 303 | Studio | 380 sqft | AED 380KAED 379,540 · Apr 2017April 2017 | ||
| 304 | Studio | 426 sqft | AED 400KAED 399,970 · Jun 2016June 2016 | 12,000 /yr | |
| 305 | 1-bed | 779 sqft | AED 771KAED 771,400 · Jul 2017July 2017 | 34,000 /yr | |
| 310 | 1-bed | 661 sqft | AED 650KAED 650,000 · Jun 2025June 2025 | 60,000 /yr |
308, Al Manara Tower in numbers
- Sold once: by ETA Star Property Developers on 31 July 2016 for AED 426,163, or AED 973 per sqft.
- Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 30,000 to AED 24,000 in 2021 and recovered to AED 48,000 by February 2026.
- At AED 48,000 a year the gross yield on the 2016 price is 11.3%, before a service charge of about AED 6,200 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 20 February 2026.
Questions about 308, Al Manara Tower
What did unit 308 last sell for?
AED 426,163 on 31 July 2016, sold by the developer: AED 973 per sqft for 438 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 48,000 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 40,000; the unit has been rented since May 2019.
How big is unit 308?
438 sqft (40.7 sqm): a studio on the 3rd floor of a 26-storey tower completed in 2011.
What is unit 308 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 308, Al Manara Tower
Starts from the last sale price (AED 426K, 31 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 426,163
- Deposit, UAE resident (20%)
- AED 85,233
- Deposit, non-resident (40%)
- AED 170,465
- Monthly over 25 years at 3.7%
- AED 1,744
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →