Dubai Land Department Off-Plan Register

The Manhattan Launch Prices

Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

232 developer launch sales registered at The Manhattan between Jun 2009 and Jan 2012: 100% apartments, most commonly 1-bed units, typically around 1,094 sqft.

Launch sales
232
DLD off-plan registrations, all time
Median launch /sqft
AED 644
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 326,5651,434,224
Min – max registered

Bed mix: Studio 7% · 1-bed 67% · 2-bed 15% · 3-bed 11%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at The Manhattan, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q2160AED 650
2009 Q31AED 980
2010 Q164AED 563
2010 Q24AED 670
2011 Q31AED 637
2012 Q12AED 802
Two different markets

Launch vs Resale

The Manhattan also has 534 ready-market resales registered with the DLD, the first on 25 July 2012 - 37 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
534
53 in the last 2 years
Resale median /sqft
AED 828
last 2 years
Resale vs launch
+29%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Manhattan →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,678 sqft · 11 January 2012
AED 1,274,250
AED 759 /sqft
Apartment · 1 Bed
1,095 sqft · 3 January 2012
AED 924,320
AED 844 /sqft
Apartment · 1 Bed
1,074 sqft · 16 August 2011
AED 684,138
AED 637 /sqft
Apartment · 2 Bed
1,642 sqft · 11 May 2010
AED 1,223,290
AED 745 /sqft
Apartment · 1 Bed
1,152 sqft · 11 May 2010
AED 852,480
AED 740 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Jumeirah Village Circle (JVC)

Off-plan in Jumeirah Village Circle (JVC)

Compare this project with every other off-plan launch registered in Jumeirah Village Circle (JVC), or see the community's resale market.

All Jumeirah Village Circle (JVC) projects

← Jumeirah Village Circle (JVC) resale prices

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