506, Al Manara Tower
Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Manara Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 26 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,339 sqft
- Floor
- 5th of 26
- Parking
- B3-9
- Developer
- ETA Star Property Developers
- Completed
- 2011
- Service charge
- AED 19,000 /yr
- Last sold
- AED 1.15M · March 2024
- Building
- Al Manara Tower
About 506, Al Manara Tower
506 is a two-bedroom apartment of 1,339 sqft on the 5th 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 26 March 2024 for AED 1,150,000, or AED 859 per sqft, in line with the AED 846 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 21 November 2022, is AED 78,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 19,000 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 23 2-beds →506 last sold in March 2024 at AED 859 per sqft, in line with what two-beds in Al Manara Tower were fetching at the time (AED 846). 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. 506's AED 78,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 1,329 sqft | 1,220,000 | 917 | ||
| 11 Nov 202511 November 2025 | 1,339 sqft | 1,270,000 | 948 | ||
| 26 May 202526 May 2025 | 1,339 sqft | 1,200,000 | 896 | ||
| 5 Dec 20245 December 2024 | 1,339 sqft | 1,200,000 | 896 |
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 5th floor
All 239 units in Al Manara Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 448 sqft | AED 545KAED 545,000 · Sep 2024September 2024 | 60,000 /yr | |
| 502 | 1-bed | 705 sqft | AED 640KAED 640,000 · May 2024May 2024 | 47,867 /yr | |
| 503 | Studio | 380 sqft | AED 380KAED 380,000 · Nov 2024November 2024 | 40,000 /yr | |
| 504 | Studio | 426 sqft | AED 413KAED 412,735 · Apr 2017April 2017 | ||
| 505 | 1-bed | 779 sqft | AED 779KAED 779,200 · Jul 2017July 2017 | 70,000 /yr | |
| 507 | 1-bed | 807 sqft | AED 675KAED 675,000 · Jan 2026January 2026 | 55,000 /yr | |
| 508 | Studio | 438 sqft | AED 485KAED 485,000 · Oct 2025October 2025 | 44,000 /yr | |
| 510 | 1-bed | 661 sqft | AED 665KAED 665,000 · Dec 2017December 2017 | 49,866 /yr |
506, Al Manara Tower in numbers
- Sold 3 times: first on 10 January 2018 for AED 1,276,886, last on 26 March 2024 for AED 1,150,000 (AED 859 per sqft).
- Rented since September 2019 on 3 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2021 and recovered to AED 78,000 by November 2022.
- At AED 78,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 19,000 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 26 March 2024.
Questions about 506, Al Manara Tower
What did unit 506 last sell for?
AED 1,150,000 on 26 March 2024: AED 859 per sqft for 1,339 sqft. The unit has 3 registered sales; the first was AED 1,276,886 in January 2018.
What is the rent for unit 506?
AED 78,000 a year on the contract signed on 21 November 2022. The previous contract, from January 2021, was AED 55,000; the unit has been rented since September 2019.
How big is unit 506?
1,339 sqft (124.4 sqm): a two-bedroom apartment on the 5th floor of a 26-storey tower completed in 2011.
What is unit 506 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 506, Al Manara Tower
Starts from the last sale price (AED 1.15M, 26 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →