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The Manhattan Residential

Jumeirah Village Circle, Dubai

Studios - 3BR. Apartments bed367 sqft

AED 450,000

AED 1226.16 /sq ft

Overview

Bedroom

Studios - 3BR. Apartments

Handover

2011

Area

Jumeirah Village Circle

Property Description

Manhattan Residential is a 17-storey residential complex built by Al Fara'a Properties in Jumeirah Village Circle, Dubai (District 10). The complex provides 355 residential units, including studios and one- to three-bedroom apartments with fully equipped kitchens and modern bathrooms. Apartments have living rooms with fitted wardrobes. Two- and three-bedroom apartments also have spacious terraces. Apartment sizes range from 367 to 1,662 square feet. 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). *Prices are valid for 2021 only In addition to restaurants, supermarkets, hotels, parks, entertainment venues, and retail outlets, Jumeirah Village Circle is one of Dubai's most popular residential areas. Several routes provide direct access to other parts of the emirate, including Al Khail Road and Sheikh Mohammed Bin Zayed Road. Property owners at Manhattan Residential see a return on investment of approximately 7%. The average rental rate for a studio is AED 33,000 (USD 9,000), and the maximum rental rate for a unit is AED 80,000 (USD 22,000). Investments are estimated to be repaid within 15 to 18 years.

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