Unit B1116, The Manhattan Tower: what it sold for and what it is worth now

Unit B1116 at The Manhattan Tower is a studio of 428 sq ft. It last sold for AED 265,000 on 23 Nov 2020. At AED 822 per sq ft, from 22 sales in the building in the last 12 months, it is worth about AED 352,000 today.

Value todayAED 352,000AED 337,000 to AED 374,000
Last saleAED 265,00023 Nov 2020 · Resale
Change since last sale+32.8%Building trend alone: AED 422,518
Rent (median asking, studio)AED 41,000Gross yield 11.6%
Bedroomsstudio
Size428 sq ft
Floor11 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingThe Manhattan Tower by Al Fara'ah Properties, handed over 2011
Registered sales of this unit1

Every registered sale of unit B1116

DatePriceSizeAED/sq ftType
23 Nov 2020AED 265,000428 sq ft619Resale

Latest studio sales in The Manhattan Tower

UnitDatePriceSizeAED/sq ftType
C10081 Nov 2024AED 425,000425 sq ft1,000Resale
C50931 Jul 2024AED 370,000418 sq ft885Resale
C3106 Jun 2024AED 510,000418 sq ft1,220Resale
A31025 Sep 2023AED 330,000415 sq ft795Resale
C90821 Sep 2023AED 330,000436 sq ft757Resale
A8095 Sep 2023AED 315,851417 sq ft757Resale
C10084 May 2023AED 380,000425 sq ft894Resale
B110110 Oct 2022AED 325,000407 sq ft799Resale

How we worked out the value

We took the 22 sales in The Manhattan Tower in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 822). We multiplied it by the size of this unit (428 sq ft). The range uses the middle half of those sales (AED 786 to AED 873 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 422,518. Floor, view, condition and upgrades can move the price either way. Sales data to 25 Aug 2026, from the Dubai Land Department register.

Questions

What is unit B1116 at The Manhattan Tower worth?

About AED 352,000 (range AED 337,000 to AED 374,000), based on AED 822 per sq ft from registered sales up to 25 Aug 2026.

When did unit B1116 last sell?

23 Nov 2020, for AED 265,000 (resale). It has 1 registered sale.

What rent can unit B1116 make?

A studio in The Manhattan Tower rents for about AED 41,000 a year (median asking rent). That is a gross yield of 11.6% on the estimate.

Sales alert for The Manhattan TowerAll sales in The Manhattan Tower

Unit B1115 · Unit B1201