What is the rental yield in The Manhattan?

The Manhattan returns 8.57% gross: a median new-contract rent of AED 60,000 a year (61 Ejari contracts in 12 months) over a price benchmark of AED 700,000 (median of 14 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.

How much does a 1 bedroom in The Manhattan cost?

The median registered sale price is AED 700,000 (801 AED/sqft), from 14 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in The Manhattan selling for right now?

Registered sales of ready units in The Manhattan over the last 12 months have a median of 801 AED/sqft, across 14 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in The Manhattan risen or fallen?

Median price per square foot moved +1.6% over the last 12 months against the 12 before it, on 14 registered sales. On a sample this size, read the direction rather than the exact figure.

The Manhattan — sale prices & yield | Jumeirah Village Circle, Dubai

What it returns

Compare this building →

Appreciation

1 bed · price per sqft · Jumeirah Village Circle · area median AED 1,350/sqft

Price per sqft, 12 months: +1.6%
3 years: +38.5% · +11.5%/yr
5 years: +61.9% · +10.1%/yr
vs area median: -40.7%
Rank by price per sqft: 285th of 311
Off-plan uplift, 2009–2012: +0.9% · +0.1%/yr

Rental income

1 bed · Jumeirah Village Circle

Gross yield: 8.57%
Median new rent: AED 60,000/yr
Yield vs area median: +1.1 pts
Yield vs Dubai (6.94%): +1.6 pts
Yield rank: 21st of 169
Renewal rent: AED 55,000/yr
New tenants pay vs sitting (77 renewals): +9.1%

Short-term income

1 bed · 80% occupancy · 7-night stays

Modelled yield at 80% occupancy: 16.98%
Median nightly rate: AED 541
Net revenue: AED 118,831/yr
vs long-let rent: 2.0×
Listings seen: 2+

1 bed figures rest on 14 registered sales and 61 new rental contracts in the 12 months to 2026-09-11; rents pooled across the project. Latest price record Aug 2026.

Read with care

Rental data covers the whole Manhattan project, not this tower alone.

How 8.57% is calculated

Gross yield: 8.57% gross yield
Numerator: AED 60,000 median new rent · 61 contracts in 12 months
Denominator: ÷ AED 700,000 price benchmark
Benchmark basis: Median of 14 sales in the last 12 months · latest Aug 2026

Price per sqft: Median of 14 registered sales of ready units in the last 12 months, most recent August 2026.

Short-term yield is modelled: net revenue at 80% occupancy ÷ the same price benchmark. Occupancy is an assumption, not a measurement; the dial in the short-term section changes it.

The Manhattan is an apartment building in Jumeirah Village Circle, Dubai, one of the towers in the Manhattan development. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records from 2015 to 2026 contain 251 registered sales across all bedroom types. Current sale figures use the last 12 months; rental medians use new Ejari contracts from the same period.

Price history

Every recorded sale in The Manhattan, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	New rent (contracts)	12mo	Sales
1 bed	AED 700,000	801	8.57% +1.1 pts	AED 60,000 61	+1.6%	14
2 bed	AED 1.27M	840	6.81% -0.5 pts	AED 86,500 12	-4.0%	5
3 bed	AED 1.47M	855	pooled rent, not per building	pooled rent, not per building	under 5 sales in a year	2

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed

Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike. Each bedroom type is priced off its own sales; the columns beside each yield show both legs and the sales the benchmark rests on.

1 bed: price benchmark AED 700,000 · 14 sales in 12 months · latest Aug 2026
2 bed: price benchmark AED 1.27M · 5 sales in 12 months · latest Apr 2026

Worked example: gross yield, costs and shared rental evidence

Short-term rates around The Manhattan

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-term rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Occupancy assumption80%

80% is the published assumption. Move the dial to model a different occupancy; the site's own figures keep 80%.

Type	Nightly, AED	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Net yield	Listings seen
1 bed	541	0.62	AED 118,831	AED 60,000	2.0×	16.98%	2+

At 80% occupancy.

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing.

Off-plan vs resale

What units sold for at launch against what the finished building resells for now, all unit types.

Launch median: 644AED/sqft; off-plan sales 2009–2012 · 232 sales · AED 713,172 typical
Resale today: 828AED/sqft; ready sales, last 12 months · 21 sales · AED 730,000 typical
Uplift: +2.4%; +0.1%/yr from the launch midpoint

Units sold off-plan in The Manhattan between 2009 and 2012 went for a median of AED 644/sqft. The same building resells today at AED 828/sqft, an uplift of +2.4%.

Based on 232 off-plan sales across the building's full history.

Why this uses the full history

The launch median uses all-history off-plan sales; the resale median uses ready sales in the trailing 12 months. These are unpaired transaction groups at building grain, not matched unit resales or realised investor gains. Costs are excluded.

Recent transactions

As filed with the Land Department — data to 2026-09-11.

21 resales in the last 12 months, against 35 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
26 Aug 2026	3 bed	1,655	AED 1,400,000	846
18 Aug 2026	1 bed	828	AED 685,000	828
31 Jul 2026	3 bed	1,772	AED 1,530,000	864
27 Apr 2026	2 bed	1,310	AED 1,100,000	840
13 Apr 2026	1 bed	1,161	AED 910,000	784
9 Apr 2026	1 bed	887	AED 700,000	789
30 Mar 2026	2 bed	1,808	AED 1,300,000	719
26 Mar 2026	2 bed	1,310	AED 1,100,000	840
24 Feb 2026	1 bed	811	AED 730,000	900
3 Feb 2026	1 bed	810	AED 808,000	997
13 Jan 2026	2 bed	1,609	AED 1,410,000	876
30 Dec 2025	2 bed	1,211	AED 1,270,000	1,049
18 Dec 2025	1 bed	888	AED 700,000	789
4 Dec 2025	1 bed	811	AED 660,000	813
20 Nov 2025	1 bed	870	AED 675,000	775
10 Nov 2025	1 bed	925	AED 700,000	757
10 Nov 2025	1 bed	891	AED 700,000	785
14 Oct 2025	1 bed	831	AED 740,000	891
14 Oct 2025	1 bed	844	AED 690,000	817
25 Sept 2025	1 bed	875	AED 350,000	400 *
24 Sept 2025	1 bed	774	AED 725,000	937

Showing 10 of 21

21 resales in the last 12 months.

* Far from the median for this bedroom type and window. Often a related-party transfer rather than a market sale — the Land Department files both identically.

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by price per sqft over the same 12 months, all unit types. The Manhattan places 331st of 353; the nearest 8 are shown.

Rank	Building	AED/sqft	vs The Manhattan	Median price	Yield	12mo	Sales
327	Sandoval Garden Apartments 2	852	+2.9%	AED 660,000	9.77%	-15.1%	5
328	Sobha Daffodil	848	+2.4%	AED 1.02M	5.85%	+9.1%	12
329	Dana Tower	846	+2.2%	AED 630,000	10.32%	+10.1%	13
330	May Residence Tower 5	835	+0.9%	AED 775,000	7.23%	+11.5%	6
331	The Manhattan · this building	828		AED 730,000	8.29%	+0.3%	21
332	Emirates Gardens1 1 - L2	827	-0.0%	AED 790,000	6.77%	+15.7%	5
333	Astoria Residence	812	-1.9%	AED 770,000	8.16%	+1.1%	6
334	Cappadocia	809	-2.3%	AED 975,000	6.97%	—	4
335	Emirates Garden II - Mulberry 1	808	-2.3%	AED 765,000	7.06%	+16.7%	11

Rank 1 is the dearest per square foot. Differences are against The Manhattan (AED 828/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, The Manhattan has registered sale prices 41% below the Jumeirah Village Circle median price per square foot of 1,350 AED, across 311 eligible buildings. It ranks 285th of 311 by price per square foot and 21st of 169 by gross yield in Jumeirah Village Circle.

Where The Manhattan stands

The Manhattan in Jumeirah Village Circle, what the register names nearby, and the building as registered with the Dubai Land Department as of September 2026. Counts are as registered, not as built or as operated.

Pinned from Google's place record for the registered name.Open in Google Maps

Metro: Dubai Internet City
Mall: Mall of the Emirates
Landmark: Sports City Swimming Academy

Floors: 17
Flats: 339

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-09-11 — Dubai Land Department and Ejari, trailing 12 months (on record)
Sales evidence · 1 bed
14 registered sales in 12 months (on record)
Rental evidence · 1 bed
61 new and 77 renewal contracts in 12 months · rent source: project (pooled) (read with care)
Service charge
Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project. (dubailand.gov.ae) (known gap)
Project register
Manhattan: recorded complete 2011-12-27 · register data to 2026-07-06 (on record)
Short-term assumption
Modelled at the published 80% occupancy on 2 listings seen; the dial above changes every short-term figure on this page (read with care)
Building record
DLD building record · data to 2026-09-14 (on record)
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross. (known gap)

Filled dot: on record. Hollow: read with care. Dashed: a gap the site cannot close from public data.

Common questions

What is the rental yield in The Manhattan?: The Manhattan returns 8.57% gross: a median new-contract rent of AED 60,000 a year (61 Ejari contracts in 12 months) over a price benchmark of AED 700,000 (median of 14 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in The Manhattan cost?: The median registered sale price is AED 700,000 (801 AED/sqft), from 14 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in The Manhattan selling for right now?: Registered sales of ready units in The Manhattan over the last 12 months have a median of 801 AED/sqft, across 14 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in The Manhattan risen or fallen?: Median price per square foot moved +1.6% over the last 12 months against the 12 before it, on 14 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Manhattan compare with Jumeirah Village Circle?: Its 8.57% gross yield sits +1.1 pts against the Jumeirah Village Circle median of 7.48%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

The Manhattan