Rented 3 Bed in Manchester Tower, Dubai Marina – Full Marina View, Below Original Price

Property Overview

This three-bedroom apartment in Manchester Tower, Dubai Marina, is offered at AED 1,750,000 for 1,326 sq ft. The agent describes it as a higher-floor unit with a full marina view, currently rented at AED 150,000. The stated original purchase price is AED 1,900,000, so the asking price is AED 150,000 (7.9%) below OP.

Property Highlights

• Asking price: AED 1,750,000
• Original purchase price (agent-stated): AED 1,900,000
• Saving versus OP: AED 150,000 (7.9%)
• Built-up area: 1,326 sq ft
• Rate: approximately AED 1,320 per sq ft
• Floor: higher floor (exact floor not supplied)
• View: full marina view (agent-stated)
• Tenancy: rented at AED 150,000 (agent-stated)
• Indicative gross yield at asking price: 8.6% (calculated, assuming annual rent)
• Status: ready, completed building

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 1,900,000, from the agent brief received on 14 October 2026. The asking price of AED 1,750,000 is AED 150,000 lower, equal to 7.9% of OP. Dividing the asking price by 1,326 sq ft gives about AED 1,320 per sq ft.

This comparison is with the seller's own purchase price only. It is not a claim that the unit is below current market value. Confirm the original price from the title deed.

Rental income

The agent states the apartment is rented at AED 150,000. If that is the annual rent, it represents an indicative gross yield of about 8.6% at the asking price, before service charges, maintenance, vacancy and fees. Verify the rent, payment schedule and lease end date from the registered Ejari contract, as an existing tenancy normally transfers with the property.

About the Building and Community

Manchester Tower is a 30-storey residential tower in Dubai Marina, completed in 2007. It holds around 336 one-, two- and three-bedroom apartments, with published unit sizes up to about 1,391 sq ft, each with a balcony. Dubai Marina is a waterfront district built around a man-made marina, with a promenade, restaurants, and easy access to JBR beach and Dubai Marina Mall.

Layout, Floor and View

The agent describes a 1,326 sq ft three-bedroom apartment on a higher floor with a full marina view. The exact floor, bathroom count, parking and furnishing have not been supplied and should be confirmed with the agent and the title deed.

Payment and Transfer

As a ready, tenanted resale, the purchase would normally proceed with a Form F (MOU), a building or developer NOC and transfer at the Dubai Land Department, with the tenancy assigned to the new owner. Confirm whether any mortgage needs releasing, how much rent has already been collected for the current term, and the service charge.

Location and Connectivity

Dubai Marina has access to Sheikh Zayed Road and Al Sufouh Road, with Dubai Metro and Dubai Tram stations serving the district. Exact travel times depend on the route and time of day and have not been verified for this listing.

Verification Notes

• Agent-supplied facts: building, unit type, size, higher floor, full marina view, AED 150,000 rent, asking price and original price.
• DPF-calculated figures: saving amount, saving percentage, price per sq ft and indicative gross yield.
• External research: storey count, completion year, unit count, unit mix and size range, from a secondary property portal.
• Not supplied: exact floor, bathrooms, parking, furnishing, rent period and lease end date, unit number and service charge.