Manchester Tower — project image
✓ Resale Available

Manchester Tower

From AED 750,000·Completed Jan 2007·Developer payment plan available Payment
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AED 750,000
Starting Price
Jan 2007
Handover
Developer payment plan available
Payment Plan
Studio · 1 BR
Type

Project Overview

Manchester Tower is a modern residential complex located in one of the most dynamic areas of Dubai — Dubai Marina. This impressive 30-storey skyscraper boasts an excellent location. The exterior of Manchester Tower embodies modern architectural elegance. Manchester Tower offers a variety of residences, including studios as well as one-, two-, and three-bedroom apartments — each designed for maximum comfort and privacy. The interiors are distinguished by impeccable taste and attention to detail. Residents of Manchester Tower enjoy access to a wide range of amenities that ensure the highest standard of living. Among them are a 24-hour concierge and security service, fully equipped fitness centers, a picturesque rooftop swimming pool, play areas for children, and outdoor relaxation zones. The location of Manchester Tower provides easy access to all key attractions in the area. The famous Dubai Marina Walk, with its many restaurants and shops, is just a short stroll away. Marina Mall can be reached in 10 minutes by car, Palm Jumeirah is about a 19-minute drive away, and Burj Al Arab can be reached in approximately 20 minutes.

Project Specifications
DeveloperManchester Properties
LocationDubai Marina
Unit TypesStudio, 1 BR, Apartments
AreaDubai Marina
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 32,362 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,612
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 345,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Manchester Tower — View 2
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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Central A/C
Children’s pool
Covered Parking
Leisure areas
Lift
Lobby
Pets Allowed
Pool Deck
Recreational areas
Rooftop Pool
Security and CCTV
Shared Pool
Shared gym
Sitting Area

Location

Dubai Marina

Nearby Destinations

Dubai Marina

Developer and Project Facts

01

Manchester Tower by Manchester Properties

02

Located in Dubai Marina

03

Starting from AED 750,000

04

Unit mix includes Studio, 1 BR, Apartments

05

Expected handover: Jan 2007

06

Official render/gallery images available

Available for Resale

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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