
City Walk
What apartments in City Walk cost, how prices and rents have moved since 2016, every building with its figures, and what it is like to live there. All of it from Dubai Land Department records.
About City Walk
City Walk is a mixed-use district in central Dubai, on Al Wasl Road close to Downtown Dubai. It was developed by Meraas and brings together apartment buildings, hotels and an open-air street of shops and restaurants laid out along pedestrian walkways. The area has 36 buildings with 2,826 apartments. The first buildings were completed in 2016, and the most recent completions are in 2026. Meraas is the main developer, and Rove Hospitality also has a presence. Among the largest buildings are Rove City Walk, Laurel and Castleton at Central Park. The fountain area of the City Walk retail street is within walking distance, and Al Khazan Park is about 300 m away. The nearest metro stop is Burj Khalifa/Dubai Mall Metro Station, about 1000 m away.
City Walk is an apartment district of about 2,826 apartments, built from 2016 onwards. 36 buildings are complete. A typical building here has about 53 homes; the tallest, Castleton at Central Park, has 20 floors. The buildings come from two developers, led by Meraas and Rove Hospitality .
Over the last 12 months 274 apartments changed hands in City Walk at a median of AED 2,676 per sqft, up 0.1% on the year before. The typical sale was AED 4.1M for a 1,466 sqft apartment. Two-beds are the largest share of the apartments at 34%, followed by one-beds at 28%; three-beds are 18% and studios are 17%. Rents run at AED 142 per sqft a year, a gross yield of 5.3% at today's prices, below the Dubai-wide 6.0%.
693 rental contracts were registered in the same 12 months, 38% of them renewals, and a typical apartment rents for AED 220,000 a year.
- Buildings
- 36
- Homes
- about 2,826
- First completions
- 2016
In this guide
City Walk, DubaiOpen the map →
Average prices in City Walk
In City Walk, typical sale prices over the last 12 months were around AED 615,000 for studios, AED 2.6M for one-beds, AED 4.4M for two-beds, AED 6.5M for three-beds and AED 10M for four-beds and larger. Per square foot the larger homes cost more too: four-beds and larger at about AED 3,379 against AED 2,464 for studios. Sales ranged from AED 550,000 to AED 29.5M, and 98 of the 274 were two-beds, the most traded type.
Off-plan sales were 22% of the last 12 months (60 of 274), down from 36% the year before. Buyers paid AED 2,919 per sqft off-plan against AED 2,673 for completed homes, a 9% premium for new stock and payment plans.
| Type | Typical price | Per sqft | 12-mo change | Sales (12 mo) |
|---|---|---|---|---|
| Studio | AED 615,341 | AED 2,464 | Up 3.2% | 10 |
| 1-bed | AED 2,600,000 | AED 2,487 | Down 7.0% | 93 |
| 2-bed | AED 4,399,955 | AED 2,749 | Up 3.4% | 101 |
| 3-bed | AED 6,500,000 | AED 2,771 | Down 2.1% | 59 |
| 4-bed+ | AED 10,000,000 | AED 3,379 | Up 3.0% | 13 |
- Off-plan share
- 22% · 60 of 276
- Off-plan /sqft
- AED 2,919
- Completed /sqft
- AED 2,673
Medians of the last 12 months of DLD sales, per type. A change needs ten records in each year.
What is in City Walk
About half of City Walk's apartments are studios and one-beds; even so the typical sale here, 1,466 sqft, is larger than the Dubai median of about 826 sqft. There are no villas or townhouses.
| Type | Homes | Share | Typical size |
|---|---|---|---|
| Studio | 477 | 17% | 248–250 sqft |
| 1-bed | 796 | 28% | 778–1,163 sqft |
| 2-bed | 959 | 34% | 1,338–1,782 sqft |
| 3-bed | 505 | 18% | 2,239–2,446 sqft |
| 4-bed+ | 89 | 3% | 2,959–4,744 sqft |
- Tallest, 20 floors
- Castleton at Central Park
- Typical building
- 53 homes
- Built in the last 5 years
- 5 buildings
Counted from DLD unit records of 36 completed buildings.
Prices and rents in City Walk since 2016
- 1 year
- Down 0.1%
- 5 years
- Up 59.4%
- Since 2016
- Up 89.6%
- 1 year
- Up 3.9%
- 5 years
- Up 51.5%
- Since 2017
- Up 36.3%
City Walk's first registered sales, in 2016, were at about AED 1,410 per sqft. They peaked at about AED 2,890 in 2020 and stand at AED 2,676 today, 6% below the peak. The steepest recent climb was in 2023, when the annual median rose 23%. Year on year the annual median has gone down 2% in 2024, up 21% in 2025 and down 1% so far in 2026. The busiest month of the last year was April 2026, with 77 sales registered. On the monthly median of every registered sale, prices are up 0.1% over the last 12 months, up 59.6% over five years and up 89.6% on the 2016 level. Rents are up 3.6% over the last 12 months, up 51.5% over five years and up 35.8% since 2017, faster than prices, so gross yields are widening.
Nothing is under construction in City Walk today, so the stock is what it is: 36 buildings and about 2,826 homes. Five of them handed over in the last five years, so the newest stock is still settling into the rental market. The figures on this page refresh monthly as new sales and contracts are registered.
The line is the monthly median of every sale and rental contract, smoothed over three months; a month with fewer than ten records sits between its neighbours, and the latest such months are read together. The changes compare 12-month medians: the last 12 months against the 12 before. Source: Dubai Land Department.
Price history in City Walk
Every registered sale in City Walk in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in City Walk
- 2-bed · 1,534 sqftCompletedCentral Park at City Walk - Building 1 10 Nov 2026AED 4,900,0003,193 /sqft
- 2-bed · 1,708 sqftCompletedCity Walk Residential Building 1 09 Nov 2026AED 4,200,0002,459 /sqft
- 1-bed · 1,194 sqftCompletedCity Walk Residential Building 1 09 Nov 2026AED 2,150,0001,800 /sqft
- 2-bed · 1,359 sqftCompletedCastleton at Central Park 09 Nov 2026AED 4,050,0002,979 /sqft
- 1-bed · 738 sqftCompletedCeladon 3 at Central Park 04 Nov 2026AED 1,838,0002,488 /sqft
- 1-bed · 1,329 sqftCompletedCity Walk Residential Building 2B 03 Nov 2026AED 3,000,0002,256 /sqft
- 3-bed · 2,261 sqftCompletedCastleton at Central Park 03 Nov 2026AED 7,300,0003,228 /sqft
- Studio · 248 sqftCompletedRove City Walk 29 Oct 2026AED 550,0002,216 /sqft
- 1-bed · 977 sqftCompletedCity Walk Residential Building 11B 28 Oct 2026AED 2,120,0002,168 /sqft
- 3-bed · 2,520 sqftCompletedCity Walk Residential Building 19 28 Oct 2026AED 8,000,0003,174 /sqft
Over the last 12 months City Walk recorded 276 sales; typical homes sold for around AED 4.05M (about AED 2,675 per sqft); with a median size of 1,466 sqft; most were 2-beds; from roughly AED 550K to AED 29.5M.
Buildings in City Walk
36 completed| City Walk Residential Building 18ABuilding | 2017 | 32 | AED 2,668 | 76 | |||
| Castleton at Central ParkBuilding | 213 | AED 2,899 | Down 0.9% | AED 169 | 5.8% | 30 | |
| ErinBuilding | 2026 | 199 | AED 2,920 | Up 5.4% | AED 152 | 5.2% | 24 |
| LaurelBuilding | 2025 | 217 | AED 2,926 | Up 3.5% | AED 158 | 5.4% | 21 |
| Central Park at City Walk - Building 1Building | 2021 | 183 | AED 2,990 | Up 8.4% | AED 166 | 5.5% | 11 |
| Celadon 3 at Central ParkBuilding | 2024 | 54 | AED 2,991 | AED 139 | 4.7% | 10 | |
| Rove City WalkBuilding | 2021 | 477 | AED 2,464 | Up 3.2% | 10 | ||
| City Walk Residential Building 11BBuilding | 2016 | 30 | AED 2,249 | AED 149 | 6.6% | 8 | |
| City Walk Residential Building 4BBuilding | 2016 | 30 | AED 2,565 | AED 151 | 5.9% | 7 | |
| City Walk Residential Building 22Building | 2017 | 64 | AED 2,780 | AED 142 | 5.1% | 6 |
The eight busiest buildings account for 190 of City Walk's 274 sales in the last 12 months: City Walk Residential Building 18A, Castleton at Central Park, Erin, Laurel and Central Park at City Walk - Building 1 and three more. Buildings completed from 2017 onwards trade at AED 1,908 to 3,116 per sqft; the 2016 to 2016 stock at AED 2,161 to 2,749. Gross yields run from 4.6% to 7.4% across the buildings with enough sales and lets to measure. The newest are Erin (2026) and Laurel (2025); the oldest, City Walk Residential Building 11B, handed over in 2016. Every building links to its own page with each unit's sales and rents.
Every building in City Walk, A to Z
- Castleton at Central Park AED 2,899
- Celadon 1 at Central Park AED 3,116
- Celadon 2 at Central Park AED 2,660
- Celadon 3 at Central Park AED 2,991
- Central Park at City Walk - Building 1 AED 2,990
- City Walk Residential Building 1 AED 2,318
- City Walk Residential Building 10 AED 2,898
- City Walk Residential Building 11A AED 2,332
- City Walk Residential Building 11B AED 2,249
- City Walk Residential Building 12 AED 3,370
- City Walk Residential Building 13A
- City Walk Residential Building 13B AED 2,718
- City Walk Residential Building 14 AED 2,993
- City Walk Residential Building 16 AED 2,525
- City Walk Residential Building 17 AED 2,582
- City Walk Residential Building 18A AED 2,668
- City Walk Residential Building 18B AED 2,054
- City Walk Residential Building 19 AED 3,119
- City Walk Residential Building 20
- City Walk Residential Building 21A
- City Walk Residential Building 21B
- City Walk Residential Building 22 AED 2,780
- City Walk Residential Building 2A AED 1,908
- City Walk Residential Building 2B AED 2,368
- City Walk Residential Building 3B
- City Walk Residential Building 4A
- City Walk Residential Building 4B AED 2,565
- City Walk Residential Building 5 AED 2,749
- City Walk Residential Building 6A AED 3,361
- City Walk Residential Building 6B AED 2,885
- City Walk Residential Building 7 AED 2,651
- City Walk Residential Building 9 AED 2,161
- Erin AED 2,920
- Laurel AED 2,926
- Rove City Walk AED 2,464
- Thyme AED 2,823
Rents and yields in City Walk
Last 12 months| 1-bed | AED 150,000 | AED 142 | AED 2.6M | 5.7% | 240 |
| 2-bed | AED 238,000 | AED 141 | AED 4.4M | 5.1% | 308 |
| 3-bed | AED 350,000 | AED 149 | AED 6.5M | 5.4% | 147 |
| 4-bed+ | AED 465,000 | AED 147 | AED 10M | 4.3% | 13 |
- New contract vs renewal
- +10%
- Renewals
- 38% of 708
- Buildings from 2017
- AED 111–180 /sqft
- Built before 2017
- AED 117–160 /sqft
693 rental contracts were registered in City Walk in the last 12 months, 38% of them renewals. New contracts were signed about 9% above renewals of the same size per sqft, so a tenant renewing is still paying below the market rate. Gross yields run from 5.7% on one-beds to 4.3% on four-beds and larger, before service charges of AED 22 to 22 per sqft a year.
Ejari registrations via Dubai Land Department; yields use the same 12 months of sales.
Who builds in City Walk
2 developers- Meraas35 buildingsAED 2,749 /sqft
- Rove Hospitality 1 buildingAED 2,464 /sqft
Meraas is the biggest builder in City Walk with 35 of the 36 completed buildings; Rove Hospitality follows.
Buying or renting in City Walk
Buying
Expect a 20% deposit as a UAE resident or 25% as a non-resident on a home under AED 5M, plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. On a typical one-bed at AED 2.6M, that is AED 520,000 down and AED 104,000 in transfer fee. Before offering, check the service charge per sqft on the building page (AED 22 to 22 across City Walk), the registered size against the marketed one, and whether the unit has sold before and at what price.
Renting
A typical one-bed rents for AED 150,000 a year and a two-bed AED 240,000. New contracts run about 9% above renewals, and increases on renewal are capped by the RERA rental index. Landlords in Dubai usually take one to four cheques and a 5% security deposit, and every contract is registered on Ejari, which is where the figures on this page come from. Buildings completed from 2017 onwards rent for AED 111 to 180 per sqft, the older stock for AED 115 to 160.
Living in City Walk
Most of City Walk's buildings are small, with a typical 53 homes each; five of the 36 were completed in the last five years. Service charges run from AED 22 to 22 per sqft a year, set building by building and listed on each building page.
Nearby areas compared
All Dubai areas →| Area | Sale /sqft | 12-mo change | Typical rent | Yield | Buildings |
|---|---|---|---|---|---|
| City Walk | AED 2,675 | Down 0.1% | AED 220K | 5.3% | 36 |
| Al Wasl | AED 3,383 | Up 2.3% | AED 130K | 4.8% | 27 |
| Al Satwa | AED 2,072 | Up 6.2% | AED 85K | 7.1% | 17 |
| Jumeirah Second | AED 6,977 | Up 9.1% | AED 550K | 3.8% | 9 |
| Trade Center First | AED 5,336 | AED 115K | 2.6% | 3 | |
| Downtown Dubai | AED 2,770 | Down 3.5% | AED 147K | 5.0% | 104 |
| The Old Town | AED 2,350 | Up 5.9% | AED 130K | 5.1% | 35 |
City Walk is about 21% cheaper per square foot than Al Wasl, its nearest neighbour, at AED 2,676 against AED 3,382. Jumeirah Second is the most expensive of the areas around it at AED 6,977 per sqft, 161% more. Al Satwa is the cheapest nearby at AED 2,072. Its closest comparable on price is Downtown Dubai.
City Walk in numbers
- Across 274 DLD sales in the 12 months to 9 November 2026, the median price in City Walk was AED 2,676 per sqft and the typical apartment sold for about AED 4.1M.
- Prices are up 0.1% on the year, 59.6% over five years and 89.6% since 2016; rents up 3.6% and 51.5% over the same periods.
- 36 completed buildings from 2 developers; about 2,826 homes, 45% of the apartments studios and one-beds.
- Gross yields of 5.7% on one-beds, 5.1% on two-beds, 5.3% on three-beds and 4.3% on four-beds and larger, before service charges of AED 22 to 22 per sqft.
Source: Dubai Land Department. Updated 11 November 2026.
Questions about City Walk
How much does an apartment in City Walk cost?
Over the 12 months to 9 November 2026 the median was AED 2,676 per sqft, and studios sold for around AED 615,000, one-beds sold for around AED 2.6M, two-beds sold for around AED 4.4M, three-beds sold for around AED 6.5M and four-beds and larger sold for around AED 10M.
Have prices in City Walk gone up?
Yes: up 0.1% in the 12 months to 9 November 2026 and up 59.6% over five years, on the monthly median of every registered sale. Over the whole record they are 89.6% above the 2016 level.
What is the rental yield in City Walk?
About 5.3% gross across all types at today's prices: 5.7% on one-beds, 5.1% on two-beds, 5.3% on three-beds and 4.3% on four-beds and larger, before service charges of AED 22 to 22 per sqft a year.
Which are the most traded buildings in City Walk?
City Walk Residential Building 18A (76 sales), Castleton at Central Park (29 sales), Erin (24 sales), Laurel (21 sales) and Central Park at City Walk - Building 1 (12 sales) in the last 12 months.
What is the service charge in City Walk?
Between AED 22 and AED 22 per sqft a year, set building by building; City Walk Residential Building 18A is AED 21.95. Each building page lists its own.
How many buildings are there in City Walk?
36 completed apartment buildings, with about 2,826 homes between them. Every one has its own page here.
What does it cost to rent in City Walk?
The median contract in the 12 months to 9 November 2026 was AED 220,000 a year: AED 150,000 for one-beds, AED 240,000 for two-beds, AED 347,500 for three-beds and AED 465,000 for four-beds and larger, across 693 Ejari registrations.
For sale with OpenOffers in City Walk
No City Walk property is on the board today. Follow City Walk to hear the day one is listed, or see what is for sale across Dubai with every offer public.