The Manhattan Residential
Properties for Sale in

The Manhattan Residential

About the project

450,000 AED Starting Price from
355 Total Amount of Units
367 Area from
(sq. ft.)
2011 Handover

The Manhattan Residential is a 17-storey residential complex located in Jumeirah Village Circle, Dubai (District 10). The project was developed by Al Fara’a Properties and was commissioned in 2011.

There are a total of 355 residential units, including studios and one- to three-bedroom apartments. Properties have fully equipped kitchens and modern bathrooms. Apartments feature living rooms and fitted wardrobes. Two- and three-bedroom apartments also have large terraces.

The complex provides a variety of amenities and services, including:

  • Three levels of underground parking
  • Street parking for guests
  • High-speed lifts
  • Service lifts
  • 24-hour security
  • Central air-conditioning
  • Swimming pool with temperature controls
  • Steam rooms and saunas
  • Equipped gym
  • Children’s playground
  • Barbecue area
  • Concierge services

Residential units range in size from 367 sq. ft. to 1,662 sq. ft. The average price for a studio is AED 450,000 (USD 123,000), and the average price for a three-bedroom apartment is AED 1,400,000 (USD 381,000).

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Property Information

  • LocationJumeirah Village Circle, Dubai, UAE
  • Status of Project Ready
  • Type of Project Residential Building
  • Units Studios - 3BR. Apartments
  • Area from 367 sq. ft.
  • Total Amount of Units 355

Location

The nearest bus stop, Wester La Residencia, can be reached within a five-minute walk of the residences. Dubai International Airport is situated within a 30-minute drive.

The complex is located within walking distance of several social, commercial, and recreational facilities, including:

  • Socialicious House of Asian Blends, Deccan Delight, Wide Range Restaurant, Lake View, and Bawarchi Indian Restaurant
  • Viva Supermarket, All Day Minimart, and Spinneys
  • JSS International School
  • Kids World Nursery
  • Right Health Karama Medical Center
  • LIFE Pharmacy
  • Prime Fitness Centre

The complex is also situated within a 10- to 15-minute drive of many popular destinations, including:

  • Jebel Ali Racecourse, a track that regularly hosts horse racing events
  • Circle Mall, a shopping centre with a variety of restaurants, recreational facilities, and stores featuring international brands
  • Dubai Autodrome, a popular track that hosts international car races
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Payback

Jumeirah Village Circle is one of Dubai’s most popular residential areas. It is home to many restaurants, supermarkets, hotels, parks, entertainment venues, and retail outlets. Residents have easy access to Al Khail Road and Sheikh Mohammed Bin Zayed Road, which provide direct routes to other parts of the emirate.

Properties at the Manhattan Residential have a return on investment rate of approximately 7%. The average annual rental rate for a studio is AED 33,000 (USD 9,000), and the maximum annual rental rate for a unit is AED 80,000 (USD 22,000). The estimated payback period on investments ranges from 15 to 18 years.

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