MANAM DEVELOPMENT "Manam Pearl"

Manam Real Estate Development · Al Furjan · Dubai

SKID Score5.9 / 10

SKID Score

5.9 / 10

Proceed with caution

10-factor analysis

Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: entry price.

SKID warning

This project appears expensive relative to comparable transactions.

Published price
From AED 1.38M
Payment plan
Down payment 10%.
Handover
Oct 2027
Available units
1–3 beds · Freehold
Gross yield
5.3%
Fair value
+23.5% above market (Premium)
Risk
Medium
At handover
40% at or after handover
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Evidence-Backed Property Intelligence

What SKID discovered

3 supported findings (max 3)

Official DLD & contract evidence · Last updated 2026-10-23

Claim Classification:Verified Facts (1)Calculated Estimates (0)Potential Risks (2)Insufficient Evidence (1)
Primary TakeawayVerified FactVerified DLD Sales

Asking price is 23.4% above nearby closed sales (+AED 320/sq.ft.)

The developer asks AED 1,684/sq.ft., whereas comparable homes in Al Furjan sold for a median of AED 1,364/sq.ft. (~AED 262,887 higher for the same area). (Verified Fact · Verified DLD Sales)

Ref: DLD Closed Sales Registry (n = 231) · Al FurjanLast updated: 2026-10-23
Primary Verified FindingPricing vs. Closed Sales
Verified FactVerified DLD Sales+23.4% (+AED 320/sq.ft.)

Asking price is 23.4% above nearby closed sales (+AED 320/sq.ft.)

The developer asks AED 1,684/sq.ft., whereas comparable homes in Al Furjan sold for a median of AED 1,364/sq.ft. (~AED 262,887 higher for the same area).

Why this matters: The asking rate is 23.4% (~AED 262,887 on a 822 sq.ft. unit) above recent nearby completed homes in Al Furjan. Because future property appreciation is never guaranteed, local secondary prices would need to rise by at least 23.4%—plus ~4%–6% in registration and resale costs—before handover just to match today's baseline.

Evidence: DLD Closed Sales Registry (n = 231) · Al FurjanUpdated: 2026-10-23
Finding #2Competing Supply (Potential Risk)
Potential RiskEstimate — Potential Supply Risk17 Launches

17 competing off-plan launches tracked in Al Furjan — potential handover competition

SKID tracks 17 competing off-plan launches in Al Furjan. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition for tenants and resale buyers.

Why this matters: Future supply impact is a potential risk rather than a certainty: if multiple towers deliver in the same window, landlords may face longer leasing times or more competitive rent and resale pricing.

Evidence: District Pipeline Tracker (n = 17) · Al Furjan, DubaiUpdated: 2026-10-23
Finding #3Developer Track Record (Incomplete Data)
Potential RiskEstimate — Incomplete HistoryHistory Incomplete

Incomplete historical delivery data for Manam Real Estate Development in catalog

Manam Real Estate Development is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified DLD construction escrow milestones and independent due diligence.

Evidence: Developer Catalog Audit (n = 0 past-handover records) · Manam Real Estate DevelopmentUpdated: 2026-10-23
Insufficient Evidence — Unverified Factors (1 Excluded)
No unsupported assumptions substituted
  • Developer Track RecordInsufficient Evidence

    Insufficient verified DLD or launch evidence to score developer.

Understand the Price · Price & Value Explained Simply

Asking price is 23.4% higher than nearby completed homes (+AED 320/sq.ft.)

Verified Fact23.4% above comparable sales

The developer asks AED 1,384,095 (~AED 1,684/sq.ft. for a published 822 sq.ft. starting unit), while comparable residential homes in Al Furjan sold for a median of AED 1,364/sq.ft. (AED 1,121,208 for the same size).

1. Asking Price

AED 1,684 / sq.ft.

AED 1,384,095 starting price · 822 sq.ft.

Headline AED/sq.ft. (AED 1,684/sq.ft.) is calculated from the published starting 1 BR unit (AED 1,384,095 ÷ 822 sq.ft.). Because this project spans unit sizes from 822 to 3,182 sq.ft. and prices from AED 1,384,095 to AED 3,695,776 and 1BR–3BR layouts, larger units have different total prices and floor areas—select or enter your exact unit in the Offer Calculator to evaluate a larger layout.

2. Comparable Sales

AED 1,364 / sq.ft.

AED 1,121,208 for same size

Median price paid for completed residential homes nearby (DLD).

3. Price-per-Sq.Ft. Gap

+AED 320 / sq.ft. (+23.4% Premium)

+AED 262,887 on this unit

Positive (+) is a premium above benchmark median; negative (-) is a discount below benchmark median (not a guaranteed gain).

Developer Asking PriceAED 1,684 / sq.ft.
Nearby Completed Sales Median (DLD)AED 1,364 / sq.ft.

Why this difference matters: The asking rate is 23.4% (~AED 262,887 on a 822 sq.ft. unit) above recent nearby completed homes in Al Furjan. Because future property appreciation is never guaranteed, local secondary prices would need to rise by at least 23.4%—plus ~4%–6% in registration and resale costs—before handover just to match today's baseline.

Evidence Reference: DLD Closed Residential Sales · n = 231 · Al Furjan, DubaiLast Updated: 2026-10-23
Valuation & Negotiation Guide

What price should I offer?

Separating developer asking price, official closed comparable sales, model fair value, and evidence-supported negotiating range.

Unit Tier:
1. Asking Price (1 BR)

AED 1.38M

AED 1,684 / sq.ft. · 822 sq.ft.

Calculated from the published starting 1 BR unit (AED 1,384,095 ÷ 822 sq ft = AED 1,684/sqft). Larger units in the project range up to 3,182 sq ft (up to AED 3,695,776) — enter your specific unit's brochure price and sq ft if evaluating a larger layout.

2. Closed Sale Evidence

AED 1,396 / sq.ft.

n=12 verified DLD sales

3. Model Fair Value

AED 1.09M

AED 1,322 / sq.ft. (moderate confidence)

4. Suggested Offer Range

AED 1.32M – AED 1.35M

Target: AED 1.35M (-1.0% vs ask)

Developer Launch Strategy: Developer off-plan inventory is sold from a primary rate card. Unlike secondary resales, developers rarely cut headline prices deeply on single units unless you pay cash upfront or buy near quarter-end; instead, negotiation leverage typically centres on 2%–4% DLD fee waivers, post-handover payment splits, and floor/view upgrades.
Better Alternatives · SKID Investment Matcher

You might find a better deal.

Up to three evidence-backed alternatives from SKID's database matched to MANAM DEVELOPMENT "Manam Pearl" by budget, asset class, location, and 6-dimension risk-return profile.

Price verified 2026-10-23
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Unit Bedrooms
Investment Purpose
Share with friends, family, or advisorsPublic report · No sign-up required

Launch entry sits +23.5% vs matched DLD ready closed sales in Al Furjan; registered rent contracts imply ~5.3% gross yield.

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Investment Outlook Watch

Follow MANAM DEVELOPMENT "Manam Pearl" when its investment outlook changes

No account needed. Get notified only when verified evidence shows a meaningful shift in published pricing, DLD closed sales, handover dates, developer news, SKID scores, or investment risks.

1. Published Price

AED 1.38M

Alerts on ≥3% shift

2. DLD Closed Comps

AED 1,364/sqft

Verified (n=231)

3. Handover Info

Oct 2027

Timeline & plan shifts

4. Developer News

Manam Real Estate Development

Milestones & escrow

5. SKID Score

5.9 / 10

Band & Ejari yield

6. Investment Risks

Warning active

Risk stance triggers

SKID intelligence

How does this project compare across all 10 factors?

Gross yield
5.3%
Fair value
+23.5% above market (Premium)
How SKID scores & compares projects

Last evaluated: 2026-10-23

01 · Ranked

20%15%15%10%10%10%7.5%5%2.5%5%

10 factors

0% total

Tap any slice or factor below to inspect how SKID weighs and verifies it.

Why SKID gave it 5.9

FactorWeightScore

Location

Amenities mention park

23.5%
6.5/ 10

Entry price

Launch is +23.5% above median DLD sale price per sq ft (premium) in this community

17.7%
3.2/ 10

Supply / competition

Heavy competing supply: 17 other launches in Al Furjan

11.8%
3.6/ 10

Payment plan

40% of the price is due at or after handover, in line with balanced UAE off-plan milestones

11.8%
7.3/ 10

Appreciation potential

Community closed-sale trend is +0.0% year on year

11.8%
6.3/ 10

Rental yield

Implied gross yield is 5.3% against community rents

8.8%
6.4/ 10

Delivery risk

Handover sits in a typical 1–3 year off-plan window

5.9%
8.6/ 10

Service charges

Service charge published at 17

2.9%
7.1/ 10

Exit liquidity

518 closed sales in the last year in this community

5.9%
8.6/ 10

Strong

  • • Handover sits in a typical 1–3 year off-plan window
  • • 518 closed sales in the last year in this community

Watch

  • • Amenities mention park
  • • 40% of the price is due at or after handover, in line with balanced UAE off-plan milestones
  • • Community closed-sale trend is +0.0% year on year
  • • Implied gross yield is 5.3% against community rents
  • • Service charge published at 17

Risk

  • • Launch is +23.5% above median DLD sale price per sq ft (premium) in this community
  • • Heavy competing supply: 17 other launches in Al Furjan
What the agents are saying & Did each agent do its job?Show audit details

Did each agent do its job?

News sentimentLeft out, and the reason is written

No current news specifically about this project, developer, or community, so news did not change the SKID score.

Developer evaluationIncluded, with evidence

Manam Real Estate Development is named, but there is no completed project on this catalog and no delivery record, so developer history did not change the SKID score. Delivery risk 8.6 / 10. Handover sits in a typical 1–3 year off-plan window.

CommunityIncluded, with evidence

Community read for Al Furjan: location 6.5 / 10, supply 3.6 / 10. Amenities mention park Heavy competing supply: 17 other launches in Al Furjan

PricingIncluded, with evidence

Pricing agent: Launch is +23.5% above median DLD sale price per sq ft (premium) in this community Service charge published at 17 518 closed sales in the last year in this community

ROIIncluded, with evidence

ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 5.3% against community rents

Payment planIncluded, with evidence

Payment plan agent: 40% of the price is due at or after handover, in line with balanced UAE off-plan milestones. Score 7.3 / 10.

OrchestratorIncluded, with evidence

Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: entry price.

What the agents are saying

  • News sentiment

    No current news specifically about this project, developer, or community, so news did not change the SKID score.

  • Developer evaluation

    Manam Real Estate Development is named, but there is no completed project on this catalog and no delivery record, so developer history did not change the SKID score. Delivery risk 8.6 / 10. Handover sits in a typical 1–3 year off-plan window.

  • Community

    Community read for Al Furjan: location 6.5 / 10, supply 3.6 / 10. Amenities mention park Heavy competing supply: 17 other launches in Al Furjan

  • Pricing

    Pricing agent: Launch is +23.5% above median DLD sale price per sq ft (premium) in this community Service charge published at 17 518 closed sales in the last year in this community

  • ROI

    ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 5.3% against community rents

  • Payment plan

    Payment plan agent: 40% of the price is due at or after handover, in line with balanced UAE off-plan milestones. Score 7.3 / 10.

  • Orchestrator

    Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: entry price.

Payment plan

Payment Plan 1 (post handover 22 months) 40% is due at or after handover. Down payment 10%.

Location

Al Furjan · Dubai

Recent sales nearby

DateTypePriceSq ftAED / sq ft
2026-07-07Ready · ApartmentAED 709K4281,657
2026-07-07Off-plan · ApartmentAED 1.85M1,2391,493
2026-07-07Off-plan · ApartmentAED 1.72M1,0901,581
2026-07-07Ready · ApartmentAED 945K6811,387
2026-07-07Off-plan · ApartmentAED 1.61M9071,780
2026-07-07Off-plan · ApartmentAED 641K3591,784
2026-07-07Off-plan · ApartmentAED 1.27M8371,512
2026-07-06Ready · ApartmentAED 661K769859
2026-07-06Off-plan · ApartmentAED 1.55M1,0841,431
2026-07-06Ready · ApartmentAED 545K4071,338
2026-07-03Off-plan · ApartmentAED 1.55M1,0841,430
2026-07-03Off-plan · ApartmentAED 1.55M1,4461,069
2026-07-03Off-plan · ApartmentAED 1.72M1,4461,191
2026-07-03Off-plan · ApartmentAED 1.01M8191,236
2026-07-03Off-plan · ApartmentAED 1.52M1,4461,051
2026-07-03Off-plan · ApartmentAED 834K5941,404
2026-07-03Off-plan · ApartmentAED 1.03M9071,141
2026-07-02Off-plan · ApartmentAED 1.66M1,3961,189
2026-07-02Ready · ApartmentAED 2.1M1,6641,262
2026-07-02Off-plan · ApartmentAED 1.9M1,4971,269
2026-07-02Ready · ApartmentAED 1.83M1,5311,192
2026-07-01Ready · ApartmentAED 1.51M1,4601,035
2026-07-01Ready · ApartmentAED 1.13M9851,142
2026-07-01Ready · ApartmentAED 1.1M9851,117

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Available units

1–3 beds · Apartments

1 BR

From AED 1.38M

822 sq.ft · AED 1,684 / sq.ft

2 BR

Price not published

3 BR

Price not published

From 822 sq ft / sq m as published

Headline AED/sq.ft. (AED 1,684/sq.ft.) is calculated from the published starting 1 BR unit (AED 1,384,095 ÷ 822 sq.ft.). Because this project spans unit sizes from 822 to 3,182 sq.ft. and prices from AED 1,384,095 to AED 3,695,776 and 1BR–3BR layouts, larger units have different total prices and floor areas—select or enter your exact unit in the Offer Calculator to evaluate a larger layout.

Service charge 17

Amenities

  • Shared Pool
  • Kids’ Play Area
  • Lobby
  • Social Zone
  • Landscaped Garden
  • Lift
  • Sauna
  • Parking
  • Sitting Area
  • Shared Jacuzzi
  • Retail Outlets
  • BBQ
  • Shared Gym
  • Children’s Pool
  • Covered Gym
  • Outdoor Cinema
  • Private Pool
  • Landscaped Park
  • Recreational Areas
  • Smart Home
  • Resting Areas
  • Concierge Service
  • Kids’ Splash Pad
  • Electric Vehicle Charger

MANAM DEVELOPMENT "Manam Pearl"

From AED 1.38M · 5.9 / 10

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Questions about this launch

Is MANAM DEVELOPMENT "Manam Pearl" a good off-plan investment in Al Furjan?
MANAM DEVELOPMENT "Manam Pearl" in Al Furjan (Dubai) scores 5.9/10 (caution) on the independent SKID 10-factor off-plan model across 85% evidenced factor weight. Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: entry price. SKID Fair Value Gap: launch entry pricing sits +23.5% above matched land-registry transactions (Premium) in Al Furjan (advertised listings are excluded). SKID Rental Evidence: registered tenancy contracts imply ~5.31% gross yield before service charges and vacancy reserves. Reviewed by SKID Investment Research Engine (as of 2026-10-23).
Who is building MANAM DEVELOPMENT "Manam Pearl"?
Manam Real Estate Development is the developer named on this launch.
When is handover for MANAM DEVELOPMENT "Manam Pearl"?
The published handover is Oct 2027.
What is the starting price of MANAM DEVELOPMENT "Manam Pearl"?
The published starting price is AED 1.38M.
What does the SKID screen mean for MANAM DEVELOPMENT "Manam Pearl"?
The SKID screen for this launch in Al Furjan is 76 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.
Methodology & Registry Provenance (Evaluated 2026-10-23)Details

Evidence Coverage: 9 of 10 canonical factors evidenced (85% weight coverage). Missing factors are excluded rather than treated as positive evidence.

Provenance Policy: Closed Dubai Land Department (DLD) registry transactions, Oqood registrations, and registered Ejari tenancy contracts are strictly separated from developer launch prices and portal listings.

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