Project · #3047 by 12M value
The Manhattan Residential
Jumeirah Village Circle · Al Faraa General Contracting Company L.L.C (Al Ain)
Market bulletin · Thu, 22 Oct 2026
The Manhattan Residential: 1 sales worth AED 670K in 30 days
The Manhattan Residential recorded 1 sale worth AED 670K in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 670K), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Village Circle, The Manhattan Residential ranked #11 of 11 leading projects by 12-month sales value; it is developed by Al Faraa General Contracting Company L.L.C (Al Ain).
Leases registered in the last three months had a median annual rent of AED 55K. The best gross yield is on 1 BR apartments at about 8.3%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 777 |
| Jul 25 | AED 834 |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 752 |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | AED 808 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 3 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 1 |
| Dec 25 | 0 | 0 | 2 |
| Nov 25 | 0 | 0 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 670K | — | — |
| Last 3 months | 2 | up 100.0% | AED 2.20M | — | — |
| Last 6 months | 3 | down 66.7% | AED 3.30M | — | — |
| Last 12 months | 12 | down 70.7% | AED 11.6M | 801 | up 4.3% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 12 | 100% | AED 805K | 801 | up 4.3% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 7 | 58% | AED 700K | 785 | up 2.3% |
| 2 bedrooms | 4 | 33% | — | — | — |
| 3 bedrooms | 1 | 8% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 12 | 100% | AED 805K | 801 | up 4.3% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 59K |
| Sept 26 | AED 56K |
| Aug 26 | AED 53K |
| Jul 26 | AED 55K |
| Jun 26 | AED 56K |
| May 26 | AED 58K |
| Apr 26 | AED 60K |
| Mar 26 | AED 61K |
| Feb 26 | AED 60K |
| Jan 26 | — |
| Dec 25 | AED 62K |
| Nov 25 | AED 63K |
| Oct 25 | AED 63K |
| Sept 25 | AED 57K |
| Aug 25 | AED 56K |
| Jul 25 | AED 56K |
| Jun 25 | AED 56K |
| May 25 | AED 55K |
| Apr 25 | AED 58K |
| Mar 25 | AED 60K |
| Feb 25 | AED 55K |
| Jan 25 | AED 55K |
| Dec 24 | AED 52K |
| Nov 24 | AED 52K |
- Leases (12M)
- 216
- New leases
- 46.3%
- Median rent 3M
- AED 55K
- Rent/sqft 3M
- AED 66
| 1 BR apartments | AED 58K / AED 700K | 8.3% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 121 | AED 58K | AED 60K | 68 |
| 2 BR | 12 | AED 85K | — | 67 |
| 3 BR | 14 | AED 91K | — | 64 |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.53M | 3 BR Apartment · 1,772 sqftThe Manhattan Residential · Jumeirah Village Circle | 30 Jul |
| AED 670K | 1 BR Apartment · 810 sqftThe Manhattan Residential · Jumeirah Village Circle | 21 Oct |
Questions about The Manhattan Residential
How many properties were sold in The Manhattan Residential in the last year?
12 sales worth AED 11.6M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in The Manhattan Residential?
The median annual rent on leases registered in the last three months was AED 55K, and the best gross rental yield is about 8.3%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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