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The Etihad prize, voted for by City fans in a poll, was the second major award for the England winger on Friday.
Earlier in the day he scooped the EA Sports Player of the Month after winning an online poll as well as a panel's votes.
Raheem was up against John Stones and Sergio Aguero for August but it was the 21-year-old's blistering start to the season that edged him his first Etihad award.
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Saturday's 12.30pm kick-off at Old Trafford could, indeed, be the most watched Premier League game of all time (more of that later) and it has more than enough sub-plots to keep the scribes happy.