PropertyIndex

Al Manara

Completed · Q3 2011|321 units · 1 podium

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Al Manara is a completed apartment development by ETA STAR PROPERTY DEVELOPERS L.L.C in Business Bay, comprising 321 registered units. 928 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,473 per sqft. At AED 2,473 per sqft, Al Manara prices 2% above the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 32.1% YoY
4.84MAED
Typical
2,473AED
PSF
Gross yield
5.4%
PIX© rent ÷ PIX© price
Sale records
928
DLD · all time
Rent contracts
2,850
Ejari · all time
Al Manara

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
624 – 2,432 sqft
3214.84M2,47332.1%260K5.4%
Residential
Studio · Apartment
1 Bed · Apartment
2 Bed · Apartment
3 Bed · Apartment
Commercial
Office
654 – 2,432 sqft
312
Shop
624 – 1,044 sqft
9
Sales — Project-Wide928 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
19 Jun 2026Floor 322,1245,310,0002,500+77.0%StandardStandard Sale
9 Feb 2026Floor 159322,500,0002,684+25.0%StandardStandard Sale
24 Nov 2025Floor 159322,000,0002,147+29.0%PremiumStandard Sale
Rentals — Project-Wide2,850 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 482 rentals
Floors 4-27 · 431 rentals
Floors 28-34 · 51 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
15 Oct 20261,33275,00056Entry Levelrenewal
17 Aug 2026Floor 333,342510,000-16.4%Premiumnew
15 Aug 2026Floor 81,006130,0001290.0%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Al Manara

Answered from Dubai Land Department registered transactions.

How much does a property in Al Manara cost?

Property in Al Manara sells at a current PIX© price of AED 2,473 per sqft, or about AED 4,839,565 for a typical unit, based on 928 sales registered with the Dubai Land Department.

Is Al Manara completed?

Yes. Al Manara is recorded as completed in the Dubai Land Department project register (completed q3 2011).

Who is the developer of Al Manara?

Al Manara is developed by ETA STAR PROPERTY DEVELOPERS L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Al Manara?

Al Manara yields 5.4% gross, calculated from current PIX© rent against current PIX© sale price, across 2,850 registered Ejari contracts.

How many units are in Al Manara?

Al Manara holds 321 registered units, per the Dubai Land Department unit register.

Have prices in Al Manara gone up or down?

Price per sqft has risen +32.1% over the last 12 months, to AED 2,473, across 928 registered sales.