509, City Walk Residential Building 1
Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, City Walk Residential Building 1
What is 509 worth today?
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Source: Dubai Land Department. Updated 7 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,756 sqft
- Floor
- 5th of 6
- Parking
- B-54
- Developer
- Meraas
- Completed
- 2017
- Service charge
- AED 38,500 /yr
- Last sold
- AED 3.38M · April 2023
- Building
- City Walk Residential Building 1
About 509, City Walk Residential Building 1
509 is a two-bedroom apartment of 1,756 sqft on the 5th floor of City Walk Residential Building 1, a 6-storey tower in City Walk completed in 2017 by Meraas. It last sold on 18 April 2023 for AED 3,377,000, or AED 1,923 per sqft, 17% above the AED 1,643 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 7 October 2024, is AED 280,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 38,500 a year.
Sales and rents for 509 over time
509 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in City Walk Residential Building 1, and where 509 sits
All 33 2-beds →509 last sold in April 2023 at AED 1,923 per sqft, 17% above what two-beds in City Walk Residential Building 1 were fetching at the time (AED 1,643). Over the last 12 months two-beds sold for AED 5,600,000, around AED 2,400 per sqft, and rent for AED 85,000 to 450,000 a year. 509's AED 280,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Nov 202526 November 2025 | 2,333 sqft | 5,600,000 | 2,400 | ||
| 23 Oct 202523 October 2025 | 1,774 sqft | 4,288,500 | 2,416 | ||
| 8 Sep 20258 September 2025 | 2,306 sqft | 5,950,000 | 2,579 | ||
| 24 Feb 202524 February 2025 | 1,756 sqft | 4,575,000 | 2,605 |
City Walk Residential Building 1
Building64 apartments, 1-bed to 4-bed over 6 floors in City Walk, completed in 2017 by Meraas. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,318
- Typical sale
- AED 4.1M
- Typical rent
- AED 300K /yr
- Typical yield
- 6.8%
Other units on the 5th floor
All 64 units in City Walk Residential Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 2,267 sqft | AED 6.1MAED 6,100,000 · Nov 2024November 2024 | ||
| 502 | 1-bed | 1,195 sqft | AED 2.2MAED 2,200,000 · Mar 2022March 2022 | 195,000 /yr | |
| 503 | 1-bed | 1,163 sqft | AED 2.4MAED 2,400,000 · Mar 2018March 2018 | ||
| 504 | 2-bed | 1,708 sqft | AED 3MAED 3,000,000 · Mar 2021March 2021 | ||
| 505 | 2-bed | 1,741 sqft | AED 3.4MAED 3,400,000 · Jun 2023June 2023 | 240,000 /yr | |
| 506 | 4-bed | 3,972 sqft | AED 9.35MAED 9,350,000 · Jun 2023June 2023 | 1,000,000 /yr | |
| 507 | 3-bed | 3,656 sqft | AED 2.8MAED 2,800,000 · Apr 2022April 2022 | 310,000 /yr | |
| 508 | 2-bed | 1,698 sqft | AED 2.75MAED 2,750,000 · Dec 2020December 2020 | ||
| 510 | 3-bed | 2,575 sqft | AED 7.8MAED 7,800,000 · Oct 2017October 2017 | 285,000 /yr | |
| 511 | 2-bed | 1,774 sqft | AED 3.6MAED 3,600,000 · Nov 2023November 2023 |
509, City Walk Residential Building 1 in numbers
- Sold 3 times: first on 27 December 2016 for AED 3,037,000, last on 18 April 2023 for AED 3,377,000 (AED 1,923 per sqft).
- Rented since April 2020 on 4 Ejari contracts, from AED 160,000 to AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 38,500 a year (AED 21.95 per sqft).
- Two-beds in City Walk Residential Building 1 sold for AED 5,600,000–5,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,318 per sqft.
Source: Dubai Land Department. Updated 7 October 2024.
Questions about 509, City Walk Residential Building 1
What did unit 509 last sell for?
AED 3,377,000 on 18 April 2023: AED 1,923 per sqft for 1,756 sqft. The unit has 3 registered sales; the first was AED 3,037,000 in December 2016.
What is the rent for unit 509?
AED 280,000 a year on the contract signed on 7 October 2024. The previous contract, from September 2023, was AED 270,000; the unit has been rented since April 2020.
How big is unit 509?
1,756 sqft (163.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2017.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in City Walk Residential Building 1 sold for AED 5,600,000 to 5,600,000 in the last 12 months, around AED 2,400 per sqft.
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Mortgage on 509, City Walk Residential Building 1
Starts from the last sale price (AED 3.38M, 18 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,377,000
- Deposit, UAE resident (20%)
- AED 675,400
- Deposit, non-resident (40%)
- AED 1,350,800
- Monthly over 25 years at 3.7%
- AED 13,816
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →