Manchester Tower is a 30-storey residential tower by Manchester Real Estate Group, located in Dubai Marina.
The project was completed in 2007.
The building consists of 336 residential units, including studios and 1-3 bedroom apartments with living areas ranging from 340 sq. ft to 1,391 sq. ft.
All residences are designed in bright colours, come with private balconies, and are equipped with high-quality plumbing and fittings.
The complex is also pet-friendly.
The starting price of a 1-bedroom unit in Manchester Tower is AED 530,000 (USD 144,300).
Manchester Tower offers potential buyers and tenants elegant 1-3 bedroom apartments and studios with spectacular views of Dubai Marina and the surroundings. Due to the fact that the construction of the building is completed, you can move into the residence right after the transaction.
A residential unit in Manchester Tower will also be a profitable investment as the complex boasts a high ROI of 9.30%. The average rental price of a 1-bedroom apartment here is AED 60,500 (USD 16,500) per year.
Dubai Marina is one of the freehold zones in Dubai, which means that any foreign citizen can acquire real estate units here with 100% ownership.
Potential property owners will get an opportunity to not only live in one of the best cities in the world, but also obtain a 3-year residence visa by buying a property with a minimum cost of AED 750,000 (USD 204,200). The visa can be extended if you remain the owner of the property.