Unit C509, The Manhattan Tower: what it sold for and what it is worth now

Unit C509 at The Manhattan Tower is a studio of 418 sq ft. It last sold for AED 370,000 on 31 Jul 2024. At AED 822 per sq ft, from 22 sales in the building in the last 12 months, it is worth about AED 344,000 today.

Value todayAED 344,000AED 329,000 to AED 365,000
Last saleAED 370,00031 Jul 2024 · Resale
Change since last sale-7.0%Building trend alone: AED 411,362
Rent (median asking, studio)AED 41,000Gross yield 11.9%
Bedroomsstudio
Size418 sq ft
Floor5 (from the unit number)
Position in the towerStack 09: units ending 09 share the same layout and view
BuildingThe Manhattan Tower by Al Fara'ah Properties, handed over 2011
Registered sales of this unit2

Every registered sale of unit C509

DatePriceSizeAED/sq ftType
31 Jul 2024AED 370,000418 sq ft885Resale
21 Apr 2022AED 245,844418 sq ft588Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
B3094 Aug 2025AED 695,000852 sq ft816Resale
B40914 Aug 2024AED 600,000892 sq ft673Resale
B6094 Apr 2024AED 592,000892 sq ft664Resale
C30924 Jan 2024AED 980,0001,240 sq ft790Resale
A8095 Sep 2023AED 315,851417 sq ft757Resale
B50921 Feb 2023AED 550,000892 sq ft617Resale
C80919 Sep 2022AED 270,000418 sq ft646Resale
A3096 Apr 2022AED 750,0001,234 sq ft608Resale

Latest studio sales in The Manhattan Tower

UnitDatePriceSizeAED/sq ftType
C10081 Nov 2024AED 425,000425 sq ft1,000Resale
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
C80919 Sep 2022AED 270,000418 sq ft646Resale

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 (418 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 411,362. 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 C509 at The Manhattan Tower worth?

About AED 344,000 (range AED 329,000 to AED 365,000), based on AED 822 per sq ft from registered sales up to 25 Aug 2026.

When did unit C509 last sell?

31 Jul 2024, for AED 370,000 (resale). It has 2 registered sales.

What rent can unit C509 make?

A studio in The Manhattan Tower rents for about AED 41,000 a year (median asking rent). That is a gross yield of 11.9% on the estimate.

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