2-bed · 1,960 sqftCity Walk Residential Building 17, City Walk · 4th floor · completed 2017

403, City Walk Residential Building 17

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 26 September 2023
Last soldAED 3.47M26 September 2023
Current rentAED 150K /yr7 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, City Walk Residential Building 17

What is 403 worth today?

Last sold for AED 3,465,000 in 2023

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26 Sep 2023SoldReady
AED 3,465,000AED 1,768 per sqft
6 Jun 2023SoldReady
AED 2,891,659AED 1,475 per sqft
7 Dec 2022RentedRenewal
AED 150,000/yr12 months · AED 77 per sqft
7 Dec 2021RentedNew contract
AED 150,000/yr12 months · AED 77 per sqft
29 Oct 2020RentedNew contract
AED 125,000/yr13 months · AED 64 per sqft
25 Dec 2018RentedNew contract
AED 165,000/yr12 months · AED 84 per sqft
25 Dec 2017RentedNew contract
AED 165,000/yr12 months · AED 84 per sqft
18 Dec 2016Sold by developerOff-plan
AED 3,145,000AED 1,604 per sqft

Source: Dubai Land Department. Updated 26 September 2023.

Key facts

Type
2-bed apartment
Size
1,960 sqft
Floor
4th of 6
Parking
B-155
Developer
Meraas
Completed
2017
Service charge
AED 43,000 /yr
Last sold
AED 3.47M · September 2023

About 403, City Walk Residential Building 17

403 is a two-bedroom apartment of 1,960 sqft on the 4th floor of City Walk Residential Building 17, a 6-storey tower in City Walk completed in 2017 by Meraas. It last sold on 26 September 2023 for AED 3,465,000, or AED 1,768 per sqft, 14% above the AED 1,557 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 7 December 2022, is AED 150,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 43,000 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in City Walk Residential Building 17
3M3.5M2016201920222025Typical sale price by year: 2016 AED 3,092,000; 2023 AED 2,891,659; 2024 AED 3,600,000Sold by developer, December 2016: AED 3,145,000 (AED 1,604 per sqft)Sold, June 2023: AED 2,891,659 (AED 1,475 per sqft)Sold, September 2023: AED 3,465,000 (AED 1,768 per sqft)

403 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, each contractTypical two-bed in City Walk Residential Building 17
100K200K300K2017202020232026Typical rent by year: 2017 AED 170,000; 2018 AED 160,000; 2019 AED 160,000; 2020 AED 130,000; 2021 AED 139,500; 2022 AED 147,000; 2023 AED 164,718; 2024 AED 250,000; 2025 AED 280,000New contract, December 2017: AED 165,000 a yearNew contract, December 2018: AED 165,000 a yearNew contract, October 2020: AED 125,000 a yearNew contract, December 2021: AED 150,000 a yearRenewal, December 2022: AED 150,000 a year

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 17, and where 403 sits

All 13 2-beds →

403 last sold in September 2023 at AED 1,768 per sqft, 14% above what two-beds in City Walk Residential Building 17 were fetching at the time (AED 1,557). Over the last 12 months two-beds sold for AED 5,800,000, around AED 3,570 per sqft, and rent for AED 260,000 to 300,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Dec 20255,800,000
11 Aug 20254,450,000
1 Dec 20243,600,000
7 Jun 20243,600,000
1 2-bed sale in the last 12 months

City Walk Residential Building 17

Building

31 apartments, 1-bed to 4-bed over 6 floors in City Walk, completed in 2017 by Meraas. 3 sold in the last 12 months.

Typical price per sqft
AED 2,582
Typical sale
AED 5.8M
Typical rent
AED 160K /yr
Typical yield
5.1%
City Walk Residential Building 17, City Walk: prices, sales and rents →
Value
4013-bedAED 5.3M · Apr 2024
4024-bedAED 7.22M · Oct 2023
4043-bedAED 5.4M · May 2024
4051-bedAED 2.47M · Aug 2023
4062-bedAED 3.7M · Jul 2023

403, City Walk Residential Building 17 in numbers

  • Sold 3 times: first on 18 December 2016 for AED 3,145,000, last on 26 September 2023 for AED 3,465,000 (AED 1,768 per sqft).
  • Rented since December 2017 on 5 Ejari contracts. The rent fell from AED 165,000 to AED 125,000 in 2020 and recovered to AED 150,000 by December 2022.
  • At AED 150,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 43,000 a year (AED 21.95 per sqft).
  • Two-beds in City Walk Residential Building 17 sold for AED 5,800,000–5,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,582 per sqft.

Source: Dubai Land Department. Updated 26 September 2023.

Questions about 403, City Walk Residential Building 17

What did unit 403 last sell for?

AED 3,465,000 on 26 September 2023: AED 1,768 per sqft for 1,960 sqft. The unit has 3 registered sales; the first was AED 3,145,000 in December 2016.

What is the rent for unit 403?

AED 150,000 a year on the contract renewed on 7 December 2022. The previous contract, from December 2021, was AED 150,000; the unit has been rented since December 2017.

How big is unit 403?

1,960 sqft (182.1 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2017.

What is unit 403 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 17 sold for AED 5,800,000 to 5,800,000 in the last 12 months, around AED 3,570 per sqft.

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Mortgage on 403, City Walk Residential Building 17

Starts from the last sale price (AED 3.47M, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,465,000
Deposit, UAE resident (20%)
AED 693,000
Deposit, non-resident (40%)
AED 1,386,000
Monthly over 25 years at 3.7%
AED 14,176

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →