PropertyIndex

The Manhattan Tower

Completed|346 units · 1 tower · 1 building

The Manhattan Tower is a completed development by AL FARA'A PROPERTIES (LLC) in Jumeirah Village Circle, comprising 346 registered units. 768 sales are registered with the Dubai Land Department, at a current PIX© price of AED 833 per sqft. At AED 833 per sqft, The Manhattan Tower prices 35% below the Jumeirah Village Circle median of AED 1,281 per sqft on registered sales.

PIX© price · 4.7% YoY
821KAED
Typical
833AED
PSF
Gross yield
7.6%
PIX© rent ÷ PIX© price
Sale records
768
DLD · all time
Rent contracts
2,599
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 5

Studio on Floor 5, The Manhattan Tower

Size
Record
Mar 2010 to Nov 2024
Owners
7
Tenants
7
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
7Tenant 721 Nov 202412 mo
Owner 7
5Tenant 518 Nov 202412 mo
Owner 7 · Registered twice
4Tenant 428 Oct 202412 d
Renewal · Ended early
Owner 7
7Owner 731 Jul 20242.1 yrs
Current owner
4Tenant 429 Apr 202312 mo
Owner 6
6Owner 621 Apr 20222.3 yrs
Transferred without a registered sale
Sold with tenant in place
3Tenant 320 Oct 202112 mo
Owner 5
2Tenant 21 Oct 202012 mo
Owner 5
1Tenant 124 Aug 20155.1 yrs
Owner 5
5Owner 528 Apr 20148.0 yrs
4Owner 47 Nov 20136 mo
3Owner 329 Jul 20133 mo
2Owner 212 Jun 20132 mo
Transferred without a registered sale
1Owner 129 Mar 20103.2 yrs
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Studio · Floor 5 · The Manhattan Tower
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The Manhattan Tower

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
346821K8334.7%62K7.6%
Residential
Studio · Apartment
407 - 436 sqft
20
1 Bed · Apartment
736 - 1,351 sqft
228
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-Wide768 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
25 Aug 20263 BedThe Manhattan Tower · Floor 161,6551,400,000846+18.6%StandardStandard Sale
18 Aug 20261 BedThe Manhattan Tower · Floor 11828685,000828+15.1%StandardStandard Sale
30 Jul 20263 BedThe Manhattan Tower · Floor 21,7721,530,000864-StandardStandard Sale
Rentals - Project-Wide2,599 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
10 Oct 20261 BedThe Manhattan Tower · Floor 193549,99053-Entry LevelCONTRACT
30 Sep 20261 BedThe Manhattan Tower · Floor 1182852,14363-Entry LevelCONTRACT
25 Sep 20262 BedThe Manhattan Tower · Floor 141,21190,00074-PremiumCONTRACT

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 The Manhattan Tower

Answered from Dubai Land Department registered transactions.

How much does a property in The Manhattan Tower cost?

Property in The Manhattan Tower sells at a current PIX© price of AED 833 per sqft, or about AED 821,047 for a typical unit, based on 768 sales registered with the Dubai Land Department.

Is The Manhattan Tower completed?

Yes. The Manhattan Tower is recorded as completed in the Dubai Land Department project register.

Who is the developer of The Manhattan Tower?

The Manhattan Tower 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 The Manhattan Tower?

The Manhattan Tower yields 7.6% gross, calculated from current PIX© rent against current PIX© sale price, across 2,599 registered Ejari contracts.

How many units are in The Manhattan Tower?

The Manhattan Tower holds 346 registered units, per the Dubai Land Department unit register.

Have prices in The Manhattan Tower gone up or down?

Price per sqft has risen +4.7% over the last 12 months, to AED 833, across 768 registered sales.