704, Al Manara Tower
Sold prices and rental history: sold once, by the developer in November 2017, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Al Manara Tower
What is 704 worth today?
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Source: Dubai Land Department. Updated 5 December 2022.
Key facts
- Type
- Studio apartment
- Size
- 426 sqft
- Floor
- 7th of 26
- Parking
- B3-30
- Developer
- ETA Star Property Developers
- Completed
- 2011
- Service charge
- AED 6,100 /yr
- Last sold
- AED 417K · November 2017
- Building
- Al Manara Tower
About 704, Al Manara Tower
704 is a studio of 426 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. The developer sold it on 14 November 2017 for AED 416,990, or AED 980 per sqft, in line with the AED 998 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 December 2022. The current contract, signed on 5 December 2022, is AED 27,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 6,100 a year.
Sales and rents for 704 over time
704 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 704 sits
All 101 studios →704 last sold in November 2017 at AED 980 per sqft, in line with what studios in Al Manara Tower were fetching at the time (AED 998). 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. 704's AED 27,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 701 | Studio | 448 sqft | AED 420KAED 420,000 · Mar 2024March 2024 | 45,000 /yr | |
| 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 | |
| 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 |
704, Al Manara Tower in numbers
- Sold once: by ETA Star Property Developers on 14 November 2017 for AED 416,990, or AED 980 per sqft.
- Rented since December 2022 on one Ejari contract, at AED 27,000 a year.
- At AED 27,000 a year the gross yield on the 2017 price is 6.5%, 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 5 December 2022.
Questions about 704, Al Manara Tower
What did unit 704 last sell for?
AED 416,990 on 14 November 2017, sold by the developer: AED 980 per sqft for 426 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 27,000 a year on the contract signed on 5 December 2022.
How big is unit 704?
426 sqft (39.6 sqm): a studio on the 7th floor of a 26-storey tower completed in 2011.
What is unit 704 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 704, Al Manara Tower
Starts from the last sale price (AED 417K, 14 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 416,990
- Deposit, UAE resident (20%)
- AED 83,398
- Deposit, non-resident (40%)
- AED 166,796
- Monthly over 25 years at 3.7%
- AED 1,706
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →