701, Al Manara Tower
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Al Manara Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 448 sqft
- Floor
- 7th of 26
- Parking
- B3-40
- Developer
- ETA Star Property Developers
- Completed
- 2011
- Service charge
- AED 6,400 /yr
- Last sold
- AED 420K · March 2024
- Building
- Al Manara Tower
About 701, Al Manara Tower
701 is a studio of 448 sqft on the 7th 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 29 March 2024 for AED 420,000, or AED 936 per sqft, 5% above the AED 894 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 45,000 a year: a gross yield of 10.7% on the 2024 price, before the service charge of about AED 6,400 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 101 studios →701 last sold in March 2024 at AED 936 per sqft, 5% above what studios in Al Manara Tower were fetching at the time (AED 894). 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. 701's AED 45,000 is in the lower 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 7th floor
All 239 units in Al Manara Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 705 sqft | AED 662KAED 662,155 · Nov 2016November 2016 | 50,000 /yr | |
| 703 | Studio | 380 sqft | AED 380KAED 380,000 · Oct 2018October 2018 | 42,000 /yr | |
| 704 | Studio | 426 sqft | AED 417KAED 416,990 · Nov 2017November 2017 | 27,000 /yr | |
| 706 | 2-bed | 1,339 sqft | AED 1.4MAED 1,400,000 · Oct 2024October 2024 | 74,000 /yr | |
| 708 | Studio | 438 sqft | AED 435KAED 434,860 · Nov 2017November 2017 | 33,275 /yr | |
| 709 | 1-bed | 806 sqft | AED 759KAED 759,289 · Apr 2017April 2017 | 60,000 /yr | |
| 710 | 1-bed | 661 sqft | AED 410KAED 410,000 · Sep 2022September 2022 | 50,135 /yr |
701, Al Manara Tower in numbers
- Sold twice: first on 16 March 2017 for AED 448,210, last on 29 March 2024 for AED 420,000 (AED 936 per sqft).
- Rented since May 2021 on 4 Ejari contracts, from AED 22,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 10.7%, 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 1 May 2025.
Questions about 701, Al Manara Tower
What did unit 701 last sell for?
AED 420,000 on 29 March 2024: AED 936 per sqft for 448 sqft. The unit has 2 registered sales; the first was AED 448,210 in March 2017.
What is the rent for unit 701?
AED 45,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 42,000; the unit has been rented since May 2021.
How big is unit 701?
448 sqft (41.6 sqm): a studio on the 7th floor of a 26-storey tower completed in 2011.
What is unit 701 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 701, Al Manara Tower
Starts from the last sale price (AED 420K, 29 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →