Studio · 337 sqftManchester Tower, Dubai Marina · 4th floor · completed 2007

407, Manchester Tower

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 560K31 January 2024
Current rentAED 35K /yr23 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Manchester Tower

What is 407 worth today?

Last sold for AED 560,000 in 2024

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31 Jan 2024SoldReady
AED 560,000AED 1,661 per sqft
23 Dec 2022RentedRenewal
AED 35,000/yr12 months · AED 105 per sqft
23 Dec 2021RentedRenewal
AED 33,000/yr12 months · AED 99 per sqft
23 Dec 2017RentedNew contract
AED 45,000/yr12 months · AED 135 per sqft
26 Sep 2017RentedNew contract
AED 46,000/yr12 months · AED 138 per sqft
2 Feb 2015RentedNew contract
AED 60,000/yr12 months · AED 180 per sqft
16 Sep 2014SoldReady
AED 630,000AED 1,869 per sqft
19 Nov 2012Sold by developerReady
AED 350,000AED 1,038 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
Studio apartment
Size
337 sqft
Floor
4th of 30
Parking
B56
Developer
Manchester Properties
Completed
2007
Service charge
AED 6,300 /yr
Last sold
AED 560K · January 2024

About 407, Manchester Tower

407 is a studio of 337 sqft on the 4th floor of Manchester Tower, a 30-storey tower in Dubai Marina completed in 2007 by Manchester Properties. It last sold on 31 January 2024 for AED 560,000, or AED 1,661 per sqft.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 23 December 2022, is AED 35,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 6,300 a year.

Sales and rents for 407 over time

Rents
Unit 407, each contractTypical studio in Manchester Tower
40K60K201520182021Typical rent by year: 2017 AED 46,000; 2021 AED 32,000; 2022 AED 35,000New contract, February 2015: AED 60,000 a yearNew contract, September 2017: AED 46,000 a yearNew contract, December 2017: AED 45,000 a yearRenewal, December 2021: AED 33,000 a yearRenewal, December 2022: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Manchester Tower, and where 407 sits

All 4 studios →

Over the last 12 months studios sold for AED 760,000, around AED 2,010 per sqft.

Recent studio salesUnit no.Price (AED)Summary
23 Jul 2025750,000
29 Apr 2025635,000
1 Mar 2025592,500
30 Aug 2022380,000
1 studio sale in the last 12 months

Manchester Tower

Building

336 apartments, studios to 3-bed over 30 floors in Dubai Marina, completed in 2007 by Manchester Properties. 8 sold in the last 12 months.

Typical price per sqft
AED 1,664
Typical sale
AED 1.23M
Typical rent
AED 72K /yr
Typical yield
7.4%
Manchester Tower, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 336 units in Manchester Tower
Value
4012-bedAED 1.2M · Feb 2013
4022-bedAED 640K · Oct 2008
4031-bedAED 248K · Sep 2008
4041-bedAED 196K · Oct 2008
4051-bedAED 299K · Nov 2008
4061-bedAED 370K · Jun 2020
4082-bedAED 970K · Mar 2024
1–7 of 13

407, Manchester Tower in numbers

  • Sold 3 times: first on 19 November 2012 for AED 350,000, last on 31 January 2024 for AED 560,000 (AED 1,661 per sqft).
  • Rented since February 2015 on 5 Ejari contracts, from AED 60,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 6,300 a year (AED 18.84 per sqft).
  • Studios in Manchester Tower sold for AED 760,000–760,000 in the 12 months to November 2026; the building's median across all types is AED 1,664 per sqft.

Source: Dubai Land Department. Updated 31 January 2024.

Questions about 407, Manchester Tower

What did unit 407 last sell for?

AED 560,000 on 31 January 2024: AED 1,661 per sqft for 337 sqft. The unit has 3 registered sales; the first was AED 350,000 in November 2012.

What is the rent for unit 407?

AED 35,000 a year on the contract renewed on 23 December 2022. The previous contract, from December 2021, was AED 33,000; the unit has been rented since February 2015.

How big is unit 407?

337 sqft (31.3 sqm): a studio on the 4th floor of a 30-storey tower completed in 2007.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Manchester Tower sold for AED 760,000 to 760,000 in the last 12 months, around AED 2,010 per sqft.

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Mortgage on 407, Manchester Tower

Starts from the last sale price (AED 560K, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

Plus AED 28,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →