PropertyIndex

Manhattan

Completed · Q4 2011|345 units · 1 tower

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Manhattan is a completed apartment development by AL FARA'A PROPERTIES (LLC) in Jumeirah Village Circle, Al Barsha South Fourth, comprising 345 registered units. 800 sales are registered with the Dubai Land Department, at a current PIX© price of AED 816 per sqft. At AED 816 per sqft, Manhattan prices 44% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 2.5% YoY
886KAED
Typical
816AED
PSF
Gross yield
7.3%
PIX© rent ÷ PIX© price
Sale records
800
DLD · all time
Rent contracts
2,587
Ejari · all time
Manhattan

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
407 – 1,808 sqft
345886K8162.5%64K7.3%
Residential
Studio · Apartment
407 – 436 sqft
20
1 Bed · Apartment
736 – 1,351 sqft
227
2 Bed · Apartment
1,064 – 1,808 sqft
61
3 Bed · Apartment
1,308 – 1,772 sqft
30
Commercial
Shop
672 – 1,739 sqft
7
Sales — Project-Wide800 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
DateUnitPositionSizePricePSFvs Prior SaleTierType
30 Jul 20263 BedThe Manhattan · Floor 21,7721,530,000864+6.7%StandardStandard Sale
27 Apr 20262 BedThe Manhattan · Floor 71,3101,100,000840+2.7%StandardStandard Sale
10 Apr 20261 BedThe Manhattan · Floor 91,161910,000784-5.2%StandardStandard Sale
Rentals — Project-Wide2,587 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 · 405 rentals
Floors 1-5 · 153 rentals
Floors 6-7 · 72 rentals
Floors 8-11 · 143 rentals
Floors 12-15 · 37 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
25 Sep 20262 Bed1,21190,00074Premiumrenewal
15 Sep 20261 Bed83157,25069Standardrenewal
13 Aug 20261 BedThe Manhattan · Floor 976748,00063Entry Levelnew

Comparables

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

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Manhattan

Answered from Dubai Land Department registered transactions.

How much does a property in Manhattan cost?

Property in Manhattan sells at a current PIX© price of AED 816 per sqft, or about AED 885,917 for a typical unit, based on 800 sales registered with the Dubai Land Department.

Is Manhattan completed?

Yes. Manhattan is recorded as completed in the Dubai Land Department project register (completed q4 2011).

Who is the developer of Manhattan?

Manhattan is developed by AL FARA'A PROPERTIES (LLC), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Manhattan?

Manhattan yields 7.3% gross, calculated from current PIX© rent against current PIX© sale price, across 2,587 registered Ejari contracts.

How many units are in Manhattan?

Manhattan holds 345 registered units, per the Dubai Land Department unit register.

Have prices in Manhattan gone up or down?

Price per sqft has fallen -2.5% over the last 12 months, to AED 816, across 800 registered sales.