2-bed · 1,339 sqftAl Manara Tower, Jumeirah Village Triangle (JVT) · 7th floor · completed 2011

706, Al Manara Tower

Sold prices and rental history: sold 4 times, last in October 2024, and rented once, from September 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.4M10 October 2024
Current rentAED 74K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Al Manara Tower

What is 706 worth today?

Last sold for AED 1,400,000 in 2024

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10 Oct 2024SoldReady
AED 1,400,000AED 1,045 per sqft
10 Oct 2024SoldReady
AED 1,400,000AED 1,045 per sqft
24 May 2023SoldReady
AED 780,000AED 582 per sqft
1 Sep 2019RentedNew contract
AED 74,000/yr13 months · AED 55 per sqft
5 Jun 2018Sold by developerOff-plan
AED 1,276,886AED 953 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,339 sqft
Floor
7th of 26
Parking
B2-38
Developer
ETA Star Property Developers
Completed
2011
Service charge
AED 19,000 /yr
Last sold
AED 1.4M · October 2024

About 706, Al Manara Tower

706 is a two-bedroom apartment of 1,339 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 10 October 2024 for AED 1,400,000, or AED 1,045 per sqft, 23% above the AED 853 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2019. The current contract, signed on 1 September 2019, is AED 74,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 19,000 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Al Manara Tower
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,344,090; 2017 AED 1,344,045; 2018 AED 1,276,886; 2022 AED 755,000; 2023 AED 785,000; 2024 AED 1,150,000Sold by developer, June 2018: AED 1,276,886 (AED 953 per sqft)Sold, May 2023: AED 780,000 (AED 582 per sqft)Sold, October 2024: AED 1,400,000 (AED 1,045 per sqft)Sold, October 2024: AED 1,400,000 (AED 1,045 per sqft)

706 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, each contractTypical two-bed in Al Manara Tower
60K80K2018202120242027Typical rent by year: 2018 AED 81,000; 2019 AED 73,000; 2020 AED 65,350; 2021 AED 58,000; 2022 AED 71,400; 2023 AED 71,625; 2024 AED 81,000; 2025 AED 83,500; 2026 AED 86,000New contract, September 2019: AED 74,000 a year

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 706 sits

All 23 2-beds →

706 last sold in October 2024 at AED 1,045 per sqft, 23% above what two-beds in Al Manara Tower were fetching at the time (AED 853). 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. 706's AED 74,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 20261,220,000
11 Nov 20251,270,000
26 May 20251,200,000
5 Dec 20241,200,000
2 2-bed 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 7th floor

All 239 units in Al Manara Tower
Value
701StudioAED 420K · Mar 2024
7021-bedAED 662K · Nov 2016
703StudioAED 380K · Oct 2018
704StudioAED 417K · Nov 2017
708StudioAED 435K · Nov 2017
7091-bedAED 759K · Apr 2017
7101-bedAED 410K · Sep 2022

706, Al Manara Tower in numbers

  • Sold 4 times: first on 5 June 2018 for AED 1,276,886, last on 10 October 2024 for AED 1,400,000 (AED 1,045 per sqft).
  • Rented since September 2019 on one Ejari contract, at AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2024 price is 5.3%, 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 10 October 2024.

Questions about 706, Al Manara Tower

What did unit 706 last sell for?

AED 1,400,000 on 10 October 2024: AED 1,045 per sqft for 1,339 sqft. The unit has 4 registered sales; the first was AED 1,276,886 in June 2018.

What is the rent for unit 706?

AED 74,000 a year on the contract signed on 1 September 2019.

How big is unit 706?

1,339 sqft (124.4 sqm): a two-bedroom apartment on the 7th floor of a 26-storey tower completed in 2011.

What is unit 706 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 706, Al Manara Tower

Starts from the last sale price (AED 1.4M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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